President Bola Tinubu will present the 2025 budget proposal to a joint session of the National Assembly on December 17, 2024. The proposed budget, valued at N47.9 trillion, was earlier disclosed by the Minister of Budget and Economic Planning, Atiku Bagudu, outlining the country’s fiscal plans for the coming year.
President Bola Tinubu is scheduled to present the 2025 budget proposal to a joint session of the National Assembly on Tuesday, December 17, 2024. Senate President Godswill Akpabio confirmed the news during a plenary session, revealing that the President had sent an official communication to inform lawmakers of his intention.
The proposed budget totals N47.9 trillion, as previously disclosed by the Minister of Budget and Economic Planning, Atiku Bagudu. This budget is expected to outline the government's priorities for the coming year, including key areas such as infrastructure, healthcare, and security. The presentation to the National Assembly will be followed by discussions and debates on the allocation of resources to various sectors and initiatives.
This announcement signals a critical moment in the country’s fiscal planning, as lawmakers will evaluate the budget's potential impact on Nigeria's development and the well-being of its citizens. The 2025 budget proposal is expected to play a significant role in shaping the government’s policies and providing a framework for economic growth in the upcoming year.