President Bola Ahmed Tinubu has officially enacted the ₦54.99 trillion 2025 Appropriation Bill into law.
The National Assembly approved the bill on February 13, 2025, following an increase from the original amount of ₦49.7 trillion proposed by President Tinubu.
The signing took place during a short ceremony in the President’s office on Friday.
The 2025 Appropriation Act signifies a remarkable 99.96% rise compared to the 2024 Budget, which was set at ₦27.5 trillion.
More details shortly…