2025 Federal Budget Approved: Highlights and Key Decisions
19 / 100 Powered by Rank Math SEO SEO Score The Federal Executive Council (FEC) has approved Nigeria’s 2025 budget proposal, setting the total expenditure at ₦47.96 trillion. The announcement followed the council’s final meeting of 2024, chaired by President Bola Ahmed Tinubu. Here’s a detailed breakdown of the budget and other significant decisions. 2025 Budget Overview Minister of Budget and Economic Planning, Senator Atiku Bagudu, disclosed the key parameters for the 2025 fiscal plan, which aligns with the administration’s Renewed Hope Agenda and the National Development Plan (2021–2025). Key highlights of the budget include: The Minister noted that while the administration inherited a deficit of ₦6.1 trillion in 2023, its economic reforms in 2024 achieved notable improvements, allowing for manageable fiscal projections in 2025. Other Major Decisions by FEC Plateau State Reacts to Gowon’s Recognition Plateau State Governor Caleb Mutfwang commended President Tinubu for renaming the University of Abuja, describing it as a “well-deserved recognition” of General Gowon’s exceptional leadership and service. The governor emphasized that Gowon’s wisdom and contributions to peace and national cohesion during Nigeria’s turbulent periods remain unparalleled. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel. Discover more from LMSINT STORE Subscribe to get the latest posts sent to your email. Type your email… Subscribe
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