President Bola Tinubu arrived at the National Assembly complex on Wednesday at 12:10 p.m. to present the proposed ₦47.96 trillion budget for the 2025 fiscal year. The session, attended by members of both chambers, was held under heightened security.
This development follows the Federal Executive Council’s approval of the 2025 budget proposal earlier this week and the Senate’s endorsement of the Medium-Term Expenditure Framework (MTEF) for 2025–2027 on November 22.
The presentation aligns with fiscal strategies outlined in the MTEF, which was approved by the Federal Executive Council on November 14. Speaking after the council meeting, Minister of Budget and Economic Planning Abubakar Bagudu emphasized the importance of refining the budget to ensure its alignment with national economic goals.
