BREAKING: Tinubu Approves N54.99 Trillion 2025 Budget Into Law JUST IN: Tinubu Signs N54.9trn 2025 Budget Into Law - Gatekeepers News

BREAKING: Tinubu Approves N54.99 Trillion 2025 Budget Into Law

JUST IN: Tinubu Signs N54.9trn 2025 Budget Into Law - Gatekeepers News

FCT, Abuja - President Bola Tinubu has signed the 2025 Appropriation Bill of ₦54.99 trillion into law.

The signing ceremony took place on Friday, February 28, at the Presidential Villa, Abuja, in the presence of Senate President Godswill Akpabio, Speaker of the House of Representatives Tajudeen Abbas, and other senior government officials.

Tinubu Approves N54.99 Trillion 2025 Budget Into LawSource: Facebook

The budget, initially proposed at ₦49.7 trillion, was increased by the National Assembly before its final passage on February 13.

Read also:
  • Winona Ryder The Iconic 90s Queen Who Ruled The Decade
  • The 2025 Appropriation Act represents a 99.96% increase from the 2024 budget of ₦27.5 trillion, marking the largest fiscal plan in Nigeria’s history.

    2025 budget: Key allocations and economic implications

    The budget prioritizes capital expenditure, debt servicing, and recurrent expenses.

    Below is a breakdown:

    Total Expenditure: ₦54.99 trillion

    Statutory Transfers: ₦3.65 trillion

    Recurrent (Non-Debt) Expenditure: ₦13.64 trillion

    Read also:
  • Is Riley Green Married The Truth Behind His Love Life And Relationships
  • Capital Expenditure: ₦23.96 trillion

    Debt Servicing: ₦14.32 trillion

    Deficit-to-GDP Ratio: 1.52%

    Full details later...

    JUST IN: Tinubu Signs N54.9trn 2025 Budget Into Law - Gatekeepers News
    JUST IN: Tinubu Signs N54.9trn 2025 Budget Into Law - Gatekeepers News

    Details

    Tinubu signs N54.9 trillion 2025 budget into law - Nairametrics
    Tinubu signs N54.9 trillion 2025 budget into law - Nairametrics

    Details

    BREAKING: Tinubu Approves N54.99 Trillion 2025 Budget Into Law - Legit.ng
    BREAKING: Tinubu Approves N54.99 Trillion 2025 Budget Into Law - Legit.ng

    Details