House of reps begin 2025 budget defence by MDAs Tuesday
The House of Representatives has announced that it will, on Tuesday, commence the defence for the 2025 appropriation bill by Ministries Departments and Agencies.
Abubakar Bichi, the chairman of the House Committee on Appropriation, while disclosing this on Monday after a meeting with chairmen of statutory committees at the House of Representatives, said the House hopes to pass the budget before or by the end of January 2025.
It would be recalled that President Bola Ahmed Tinubu had, on December 18, 2024, presented a ₦49.7tn Budget Proposal for 2025 before a joint session of the National Assembly, with Security and defence, infrastructure, health and education topping the allocations.
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“It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of Nigeria titled, ‘The Restoration Budget’ securing peace, building prosperity,” Tinubu said as he concluded his 30-minute speech during the presentation.
In his presentation, the President listed some of the highlights of the budget as defence and security – N4.91tn, infrastructure – N4.06tn, health – N2.4tn, education – N3.5tn, among others.
Source: Channels TV
