Akpabio Gives Hint On When Senate Will Pass 2025 Budget

Cat:

Related stories

(VIDEO) Why I Didn’t Watch WAFCON Final– Tinubu Reveals 

By Hamilton Nwosu  President Bola Ahmed Tinubu on Monday revealed...

God says, let there be movement, Nigeria Police says no! By Owei Lakemfa

By Owei Lakemfa The Holy Book told us that after...

Oil Prices Climb as U.S. and EU Reach Historic Tariff Agreement

The United States and European Union officially reached a...

Breaking! Tinubu Bestows National Honours on Super Falcons

By Hamilton Nwosu President Bola Ahmed Tinubu has announced that...

By Abiola Olawale

President of the Senate, Senator Godswill Akpabio, has indicated that the Senate may receive and consider the report on the ₦54.2 trillion 2025 budget from its Committee on Appropriations on Wednesday, February 12, or Thursday, February 13, 2025, with the possibility of passing it into law this week.

This follows President Bola Ahmed Tinubu’s request to increase the budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenue from agencies like the Federal Inland Revenue Service and Nigeria Customs Service.

Akpabio, during plenary on Tuesday emphasized the need for swift action on the 2025 budget.

He said: “You will observe that some of our colleagues are not in the chamber because they are finalising the 2025 Appropriation Bill, the report of which will possibly be laid before us tomorrow (Wednesday) or the day after (Thursday).

“We need to close early to allow for collective efforts in that direction for the final consideration and passage of the 2025 Appropriation Bill.

It would be recalled that the Senate and the House of Representatives had initially set January 31, 2025, as the deadline for passing the N49.7tn budget proposed by Tinubu.

However, both chambers postponed their Christmas and New Year resumption from January 31 to February 4, 2025.

The New Diplomat
The New Diplomathttps://newdiplomatng.com/
At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
(VIDEO) Why I Didn’t Watch WAFCON Final– Tinubu Reveals God says, let there be movement, Nigeria Police says no! By Owei LakemfaOil Prices Climb as U.S. and EU Reach Historic Tariff AgreementBreaking! Tinubu Bestows National Honours on Super FalconsEkiti Guber: Fayose Backs Oyebanji, As Ekiti topshots throw Weight Behind State Governor's Re-Election (VIDEO) Euphoria as Super Falcons Land in Abuja with 10th WAFCON TrophyObi Speaks on Hardship, Says Tinubu’s Data Misleading, Nigerians dying of Hunger 2027: Intrigues as SDP Slams 30-Year Ban on El-Rufai, Amid Deepening Crisis TotalEnergies Warns of Looming Oil GlutOlamide vs Charly Boy: Why Naming, Renaming Streets in Lagos May Violate the Law – FalanaFurious Obasanjo Lashes Sam Jonah, Debunks Claim of Allocating 501-Hectare of Land for Estate in AbujaHaunting Images In A World Of Criminalities By OWEI LAKEMFASenate Speaks on Rumors of Discord Between Akpabio, BamideleHunger and Food Crisis: Shettima Heads to Ethiopia for UN Food Summit(VIDEO) Tinubu Celebrates Super Falcons’ Historic WAFCON Victory via Video Call 
X whatsapp