TINUBU SEEKS NASS APPROVAL TO INCREASE 2025 BUDGET FROM ₦49.7TN TO ₦54.2TN

President Bola Ahmed Tinubu has asked the National Assembly (NASS) to increase the proposed 2025 budget to N54.2 trillion from ₦49.7 trillion. According to a letter read by Senate President Godswill Akpabio on the floor of the Senate on Wednesday, the President is seeking an upward review of the budget due to extra revenues produced by significant government agencies. President Tinubu stated that the rise in revenue can be attributed to: N1.4 trillion collected by the Federal Inland Revenue Service (FIRS) N1.2 trillion from the Nigeria Customs Service (NCS). N1.8…

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