Lawmakers in Nigeria’s House of Representatives have considered and approved the sum of N54.9 trillion as the 2025 Appropriation Bill.
The lawmakers during Thursdays’ plenary, received the report of the Committee on Appropriations and immediately considered and passed all items on the proposed budget.
There’s however a differential of over N700 billion in the President Tinubu’s request of N54.2 trillion, while the House of Representatives approved a total of N54.9 trillion.
MUST READ:N49.7trn 2025 Budget Passes Second Reading in Senate
The Chairman of the House Committee on Appropriation, Abubakar Bichi while presenting the Committee’s report noted that from the addition to the budget, N300 billion will be used to fund the provision of vaccines for HIV/AIDS following the US disengagement of foreign aid to Nigeria.
He further explained that some key Agencies like the Independent National Electoral Commission (INEC), the Nigeria Financial Intelligence Unit (NFIU), the Economic and Financial Crimes Commission (EFCC), National Drug Law Enforcement Agency (NDLEA) and the Department of State Services (DSS), require additional fundings.
(Editor: Ken Eseni)
