BREAKING: President Tinubu Set To Present 2025 Budget To National Assembly

President Tinubu is set to present the 2025 budget to the National Assembly.

 

NewsOnline Nigeria reports that President Bola Ahmed Tinubu is set to present the 2025 budget proposal to a joint session of the National Assembly on Wednesday.

 

This Nigeria news platform understands that this announcement was made on Monday by Dr. Ali Barde Umoru, Secretary of Research and Information at the National Assembly.

 

ALSO: Port Harcourt Refinery Commences Crude Oil Processing

 

While addressing journalists, he confirmed the budget presentation and requested a list of individuals permitted to access the chamber during the session.

 

Three weeks prior to this announcement, President Tinubu had submitted the 2024–2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper to both chambers of the National Assembly.

 

The document outlined a proposed total expenditure of ₦26.1 trillion for the 2025 fiscal year.

 

Following two weeks of deliberations with heads of Ministries, Departments, and Agencies (MDAs) on revenue and expenditure projections, the Senate Finance Committee approved the MTEF, paving the way for the budget presentation.