The National Assembly has passed the sum of N54.9 trillion 2025 budget presented by President Bola Tinubu.
The House of Representatives first passed the bill on Thursday.
The appropriation bill was also passed by the senate.
On December 18, President Bola Tinubu presented N49,740,165,355,396 as the budget for 2025 before the joint sitting of the senate and house of representatives.
Tinubu, on February 5, asked the national assembly to raise the budget by N4,530,479,970,637.
But on Thursday, both chambers of the national assembly passed N54,990,165,355,396 as the 2025 budget, increasing it by N719,520,029,363.
Out of the figure passed, N3.65 trillion is for statutory transfer, debt service is N14.32 trillion, N13.06 trillion is earmarked recurrent (non-debt) expenditure, and contribution to the development fund for capital expenditure is N23.96 trillion.
