The National Assembly has postponed plenary resumption from January 28 to February 4, 2025, to conclude ongoing budget defence sessions. Learn more here. The National Assembly has officially rescheduled its plenary sessions from January 28 to Tuesday, February 4, 2025. This decision was taken to accommodate ongoing budget defence engagements. Senate Resumption Postponed In a […]
Gov. Ahmed Ododo of Kogi State has officially signed the 2025 budget appropriation bill, valued at N582.4 billion, into law. The signing ceremony took place on Monday at the Glass House in Lokoja’s Government House. According to Kingsley Fanwo, the state’s Commissioner for Information and Communication, this development marks a significant step toward implementing the […]
Discover how the Naira’s continuous devaluation threatens Nigeria’s 2025 fiscal plan, with inflation, exchange rate fluctuations, and budgetary constraints creating significant challenges. Naira Depreciation Threatens Nigeria’s 2025 Fiscal Targets The sharp decline in the value of the Naira is setting up a challenging fiscal year for 2025, posing a significant threat to the Federal Government’s […]
The newly established Ministry of Steel Development has allocated N2.6 billion for the mobilization of Ajaokuta Steel Company Limited as part of its N24 billion total budget for 2025. This funding was presented by President Bola Tinubu to the National Assembly in the proposed budget. In addition, the Ministry has set aside N250 million for […]
President Bola Tinubu will present the 2025 budget of N47.96tn to the National Assembly on Wednesday, following final adjustments approved by the Federal Executive Council. The Federal Executive Council (FEC) has approved the 2025 budget proposal of N47.96 trillion. Initially scheduled for Tuesday, President Bola Tinubu will now present the budget to the National Assembly […]