President Bola Tinubu is seeking approval to increase the 2025 budget from N49.7 trillion which he presented to the joint session of the National Assembly on 18 December 2024, to N54.2 trillion.
According to the request read by Senate President Godswill Akpabio on Wednesday in Abuja, President Tinubu explained that the increase arose from N1.4 trillion additional revenue made by the Federal Inland Revenue Service ( FIRS ), N1.2 trillion made by the Nigeria Customs Service, and N1.8 trillion generated by other government agencies.
Akpabio consequently directed the request to the Senate Committee on Appropriations for speedy consideration and declared that the request would be concluded and passed this month.
