Abuja, Nigeria – The Senate President, Godswill Akpabio, has announced that the 2024 budget will remain active until June 25, 2025.
He made this known during the presentation of the 2025 Appropriation Bill by President Bola Ahmed Tinubu to the National Assembly on Wednesday.
In his opening remarks, Akpabio revealed that the performance of the 2024 budget stood at 50% for Capital Expenditure and 48% for Recurrent Expenditure, prompting the decision to extend its implementation period.
President Tinubu presented the 2025 Appropriation Bill, which amounts to N47.9 trillion, before the joint session of the National Assembly for consideration and passage.
More details are expected as the story develops.
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