President Bola Tinubu is seeking the upward review of the proposed 2025 Appropriation Bill from N49.7 trillion to N54.2trillion.
Tinubu’s request to the National Assembly is contained in a letter addressed to the President of the Senate, Senator Godswill Akpabio.
The letter was read at the Plenary on Wednesday.
Recall that on December 18, 2024, Tinubu presented a budget proposal of N49.7 trillion to a joint session of the National Assembly.
He however stated in his letter to the National Assembly that the increase arose as a result of N1.4trilliion additional revenues made by the Federal Inland Revenue Service ( FIRS ) , N1.2trillion made by the Nigeria Customs Service and N1.8trilliion generated by some other government agencies.
Akpabio, after reading the President’s letter, directed the request to the Committee on Appropriations for expeditious consideration.
The Senate President declared that the budget consideration would be concluded and passed before the end of February.
