President Bola Tinubu has requested for the upward review of the proposed 2025 Appropriation Bill from N49.7 trillion to N54.2trillion.
The President’s message was contained in a letter addressed to the President of the Senate, Senator Godswill Akpabio, which was read during Plenary on Wednesday
Tinubu had presented a budget proposal of N49.7 trillion to a joint session of the National Assembly on December 18, 2024.
But in his letter to the National Assembly, Tinubu said that the increase came up as a result of N1.4trilliion additional revenues made by the Federal Inland Revenue Service ( FIRS ) , N1.2trillion made by the Nigeria Customs Service and N1.8trilliion generated by some other Government Owned Agencies.
After reading the President’s letter, Akpabio directed the request to the Committee on Appropriations for expeditious consideration.
He said that the budget consideration would be concluded and passed before the end of February.
