Budget Archives - Nairametrics https://nairametrics.com/category/economy/budget/ Destination for Business news and analysis from Africa's largest economy Tue, 08 Jul 2025 11:08:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Budget Archives - Nairametrics https://nairametrics.com/category/economy/budget/ 32 32 201037849 House of Reps approves N774.77 billion NIMASA budget proposal  https://nairametrics.com/2025/07/08/house-of-reps-approves-n774-77-billion-nimasa-budget-proposal/ https://nairametrics.com/2025/07/08/house-of-reps-approves-n774-77-billion-nimasa-budget-proposal/#respond Tue, 08 Jul 2025 11:08:49 +0000 https://nairametrics.com/?p=518703 The House of Representatives Committee on Maritime Safety, Education, and Administration has approved the 2025 budget proposal of N774.77 billion for the Nigerian Maritime Administration and Safety Agency (NIMASA). 

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]]> https://nairametrics.com/2025/07/08/house-of-reps-approves-n774-77-billion-nimasa-budget-proposal/feed/ 0 518703 Senate approves second extension of 2024 capital budget implementation to December 2025  https://nairametrics.com/2025/06/24/senate-approves-second-extension-of-2024-capital-budget-implementation-to-december-2025/ https://nairametrics.com/2025/06/24/senate-approves-second-extension-of-2024-capital-budget-implementation-to-december-2025/#respond Tue, 24 Jun 2025 16:15:28 +0000 https://nairametrics.com/?p=517796 The Nigerian Senate has approved a second extension of the implementation period for the 2024 capital component of the national budget, shifting the deadline from June 30, 2025, to December 31, 2025.  

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]]> https://nairametrics.com/2025/06/24/senate-approves-second-extension-of-2024-capital-budget-implementation-to-december-2025/feed/ 0 517796 Senate approves N1.8 Trillion 2025 Statutory Appropriation FCT Bill, targets ongoing projects, others  https://nairametrics.com/2025/05/28/senate-approves-n1-8-trillion-2025-statutory-appropriation-fct-bill-targets-ongoing-projects-others/ https://nairametrics.com/2025/05/28/senate-approves-n1-8-trillion-2025-statutory-appropriation-fct-bill-targets-ongoing-projects-others/#respond Wed, 28 May 2025 20:28:49 +0000 https://nairametrics.com/?p=516242 The Senate has approved N1.8 trillion for the 2025 Federal Capital Territory Administration (FCTA) Statutory Appropriation Bill, targeting ongoing projects in the nation's capital, among other priorities. 

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]]> https://nairametrics.com/2025/05/28/senate-approves-n1-8-trillion-2025-statutory-appropriation-fct-bill-targets-ongoing-projects-others/feed/ 0 516242 Nigerians react as National Assembly earmarks N393 billion for streetlight projects in 2025 Budget  https://nairametrics.com/2025/05/26/nigerians-react-as-national-assembly-earmarks-n393-billion-for-streetlight-projects-in-2025-budget/ https://nairametrics.com/2025/05/26/nigerians-react-as-national-assembly-earmarks-n393-billion-for-streetlight-projects-in-2025-budget/#respond Mon, 26 May 2025 16:52:22 +0000 https://nairametrics.com/?p=516061 Nigerians have begun to react following revelations that the National Assembly allocated N393.29 billion for streetlight projects in the 2025 national budget.

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]]> https://nairametrics.com/2025/05/26/nigerians-react-as-national-assembly-earmarks-n393-billion-for-streetlight-projects-in-2025-budget/feed/ 0 516061 Nigeria needs entirely disruptive development plan to achieve N500 trillion budget by 2027 – Agbakoba  https://nairametrics.com/2025/04/14/nigeria-needs-entirely-disruptive-development-plan-to-achieve-n500-trillion-budget-by-2027-agbakoba/ https://nairametrics.com/2025/04/14/nigeria-needs-entirely-disruptive-development-plan-to-achieve-n500-trillion-budget-by-2027-agbakoba/#respond Mon, 14 Apr 2025 13:26:56 +0000 https://nairametrics.com/?p=513299 Former President of the Nigerian Bar Association, Dr. Olisa Agbakoba (SAN), has called for a complete and radical shift in Nigeria’s political and economic strategy, stating that only a “disruptive development plan” can enable the country to attain a national budget of N500 trillion by 2027. 

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]]> https://nairametrics.com/2025/04/14/nigeria-needs-entirely-disruptive-development-plan-to-achieve-n500-trillion-budget-by-2027-agbakoba/feed/ 0 513299 Jigawa earmarks N90 billion for social welfare programmes, strengthens UNICEF partnership https://nairametrics.com/2025/03/14/jigawa-earmarks-n90-billion-for-social-welfare-programmes-strengthens-unicef-partnership/ https://nairametrics.com/2025/03/14/jigawa-earmarks-n90-billion-for-social-welfare-programmes-strengthens-unicef-partnership/#respond Fri, 14 Mar 2025 06:32:07 +0000 https://nairametrics.com/?p=511024 The Jigawa State Government has allocated N90 billion for social welfare programmes in the 2025 fiscal year as part of its commitment to enhancing the well-being of its citizens. 

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]]> https://nairametrics.com/2025/03/14/jigawa-earmarks-n90-billion-for-social-welfare-programmes-strengthens-unicef-partnership/feed/ 0 511024 FG to adopt innovative financing strategies to bridge N14 trillion 2025 budget deficit – Bagudu  https://nairametrics.com/2025/03/10/fg-to-adopt-innovative-financing-strategies-to-bridge-n14-trillion-2025-budget-deficit-bagudu/ https://nairametrics.com/2025/03/10/fg-to-adopt-innovative-financing-strategies-to-bridge-n14-trillion-2025-budget-deficit-bagudu/#respond Mon, 10 Mar 2025 12:02:37 +0000 https://nairametrics.com/?p=510750 The Federal Government has reaffirmed its commitment to leveraging innovative financing mechanisms to address the projected N14 trillion budget deficit for the 2025 fiscal year. 

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]]> https://nairametrics.com/2025/03/10/fg-to-adopt-innovative-financing-strategies-to-bridge-n14-trillion-2025-budget-deficit-bagudu/feed/ 0 510750 Rivers Assembly gives Governor Fubara 48 hours to present 2025 budget  https://nairametrics.com/2025/03/03/rivers-assembly-gives-governor-fubara-48-hours-to-present-2025-budget/ https://nairametrics.com/2025/03/03/rivers-assembly-gives-governor-fubara-48-hours-to-present-2025-budget/#respond Mon, 03 Mar 2025 12:22:08 +0000 https://nairametrics.com/?p=510196 The Rivers State House of Assembly has given Governor Sim Fubara a 48-hour ultimatum to present the 2025 budget to the lawmakers, setting the stage for a fresh political showdown in the state. 

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]]> https://nairametrics.com/2025/03/03/rivers-assembly-gives-governor-fubara-48-hours-to-present-2025-budget/feed/ 0 510196 Senate defends additional N170 billion National Assembly allocations in 2025 budget  https://nairametrics.com/2025/03/03/senate-defends-additional-n170-billion-national-assembly-allocations-in-2025-budget/ https://nairametrics.com/2025/03/03/senate-defends-additional-n170-billion-national-assembly-allocations-in-2025-budget/#respond Mon, 03 Mar 2025 12:11:58 +0000 https://nairametrics.com/?p=510195 The Senate has justified the additional N170 billion allocation to the National Assembly in the 2025 budget, arguing that the legislature, as a key arm of government, should not have a stagnant budget while other arms experience funding increases. 

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]]> https://nairametrics.com/2025/03/03/senate-defends-additional-n170-billion-national-assembly-allocations-in-2025-budget/feed/ 0 510195 Tinubu signs N54.9 trillion 2025 budget into law  https://nairametrics.com/2025/02/28/tinubu-signs-n54-9-trillion-2025-budget-into-law/ https://nairametrics.com/2025/02/28/tinubu-signs-n54-9-trillion-2025-budget-into-law/#respond Fri, 28 Feb 2025 14:31:12 +0000 https://nairametrics.com/?p=510032 President Bola Tinubu has signed the N54.99 trillion 2025 appropriation bill into law, marking a 99.96 percent increase from the 2024 budget of N27.5 trillion. 

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]]> https://nairametrics.com/2025/02/28/tinubu-signs-n54-9-trillion-2025-budget-into-law/feed/ 0 510032 National Assembly secures additional N50 Billion for Housing Ministry in 2025 Budget  https://nairametrics.com/2025/02/20/national-assembly-secures-additional-n50-billion-for-housing-ministry-in-2025-budget/ https://nairametrics.com/2025/02/20/national-assembly-secures-additional-n50-billion-for-housing-ministry-in-2025-budget/#respond Thu, 20 Feb 2025 08:31:02 +0000 https://nairametrics.com/?p=509380 The National Assembly has secured an additional N50 billion for the Federal Ministry of Housing and Urban Development in the 2025 budget.  

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]]> https://nairametrics.com/2025/02/20/national-assembly-secures-additional-n50-billion-for-housing-ministry-in-2025-budget/feed/ 0 509380 Senate, House of Reps reverse passage of N54.9 trillion 2025 budget over errors  https://nairametrics.com/2025/02/18/senate-house-of-reps-reverse-passage-of-n54-9-trillion-2025-budget-over-errors/ https://nairametrics.com/2025/02/18/senate-house-of-reps-reverse-passage-of-n54-9-trillion-2025-budget-over-errors/#respond Tue, 18 Feb 2025 18:35:51 +0000 https://nairametrics.com/?p=509235 The Senate and the House of Representatives have on Tuesday rescinded their decision on the passage of the 2025 budget bill, citing the need to correct errors in the allocations to capital and recurrent expenditures. Despite the reversal, the overall budget size remains unchanged at N54.9 trillion. The adjustment, which was prompted by a motion […]

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]]> https://nairametrics.com/2025/02/18/senate-house-of-reps-reverse-passage-of-n54-9-trillion-2025-budget-over-errors/feed/ 0 509235 Senate passes N54.99 trillion 2025 budget  https://nairametrics.com/2025/02/13/senate-passes-n54-99-trillion-2025-budget/ https://nairametrics.com/2025/02/13/senate-passes-n54-99-trillion-2025-budget/#respond Thu, 13 Feb 2025 17:50:50 +0000 https://nairametrics.com/?p=508756 The Nigerian Senate has passed the 2025 Appropriation Bill, approving a record-high budget of N54.99 trillion on Thursday.   This budget, which includes allocations for statutory transfers, recurrent and capital expenditures, as well as debt servicing, marks a significant increase from the initial proposal presented by President Bola Tinubu.  Key Budgetary Allocations  The breakdown of the […]

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]]> https://nairametrics.com/2025/02/13/senate-passes-n54-99-trillion-2025-budget/feed/ 0 508756 Peter Obi demands transparency following increase of 2025 budget to N54 trillion  https://nairametrics.com/2025/02/07/peter-obi-demands-transparency-following-increase-of-2025-budget-to-n54-trillion/ https://nairametrics.com/2025/02/07/peter-obi-demands-transparency-following-increase-of-2025-budget-to-n54-trillion/#respond Fri, 07 Feb 2025 10:58:05 +0000 https://nairametrics.com/?p=508333 Peter Obi, Labour Party’s candidate in the 2023 Presidential Election, has called for increased transparency and accountability following the recent rise in the 2025 Budget of Restoration to N54 trillion.  

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]]> https://nairametrics.com/2025/02/07/peter-obi-demands-transparency-following-increase-of-2025-budget-to-n54-trillion/feed/ 0 508333 NACCIMA raises concerns over N13 trillion deficit in 2025 budget https://nairametrics.com/2025/02/06/naccima-raises-concerns-over-n13-trillion-deficit-in-2025-budget/ https://nairametrics.com/2025/02/06/naccima-raises-concerns-over-n13-trillion-deficit-in-2025-budget/#respond Thu, 06 Feb 2025 15:14:03 +0000 https://nairametrics.com/?p=508277 The Nigerian Association of Chambers of Commerce, Industries, Mines, and Agriculture (NACCIMA) has raised concerns about Nigeria’s economic outlook for 2025, citing the increasing budget deficit and inadequate support for the private sector. This was expressed by the president of NACCIMA Dele Oye while speaking during an interview on ARISE NEWS’ This Morning Show on […]

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]]> https://nairametrics.com/2025/02/06/naccima-raises-concerns-over-n13-trillion-deficit-in-2025-budget/feed/ 0 508277 Tinubu raises 2025 budget from N49.7 trillion to N54.2 trillion amid additional revenue gains  https://nairametrics.com/2025/02/05/tinubu-raises-2025-budget-from-n49-7-trillion-to-n54-2-trillion-amid-additional-revenue-gains/ https://nairametrics.com/2025/02/05/tinubu-raises-2025-budget-from-n49-7-trillion-to-n54-2-trillion-amid-additional-revenue-gains/#respond Wed, 05 Feb 2025 13:23:39 +0000 https://nairametrics.com/?p=508187 President Bola Tinubu has revised the proposed 2025 budget upwards, increasing it from N49.7 trillion to N54.2 trillion, Channels Television reports.  

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]]> https://nairametrics.com/2025/02/05/tinubu-raises-2025-budget-from-n49-7-trillion-to-n54-2-trillion-amid-additional-revenue-gains/feed/ 0 508187 House of Reps to increase funding for NIMC, NYSC, NDA, others in 2025 budget  https://nairametrics.com/2025/02/03/house-of-reps-to-increase-funding-for-nimc-nysc-nda-others-in-2025-budget/ https://nairametrics.com/2025/02/03/house-of-reps-to-increase-funding-for-nimc-nysc-nda-others-in-2025-budget/#respond Mon, 03 Feb 2025 12:35:56 +0000 https://nairametrics.com/?p=508023 The Deputy Spokesman of the House of Representatives, Rep. Philip Agbese, has revealed that plans are underway to increase funding for strategic agencies in the 2025 Appropriation Bill.  

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]]> https://nairametrics.com/2025/02/03/house-of-reps-to-increase-funding-for-nimc-nysc-nda-others-in-2025-budget/feed/ 0 508023 FG allocates N940 billion to TETfund in 2025 budget  https://nairametrics.com/2025/02/02/fg-allocates-n940-billion-to-tetfund-in-2025-budget/ https://nairametrics.com/2025/02/02/fg-allocates-n940-billion-to-tetfund-in-2025-budget/#respond Sun, 02 Feb 2025 06:26:52 +0000 https://nairametrics.com/?p=507909 The Federal Government has allocated N940.5 billion to the Tertiary Education Trust Fund (TETFund) for the 2025 fiscal year to enhance manpower and infrastructure development in the education sector. President Bola Tinubu represented by Rakiya Iliyasu, Director of Tertiary Education at the Federal Ministry of Education disclosed this on Saturday at the 42nd Founders’ Day […]

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]]> https://nairametrics.com/2025/02/02/fg-allocates-n940-billion-to-tetfund-in-2025-budget/feed/ 0 507909 Marwa defends N67.5 billion NDLEA budget, seeks NASS support for critical infrastructure  https://nairametrics.com/2025/01/14/marwa-defends-n67-5-billion-ndlea-budget-seeks-nass-support-for-critical-infrastructure/ https://nairametrics.com/2025/01/14/marwa-defends-n67-5-billion-ndlea-budget-seeks-nass-support-for-critical-infrastructure/#respond Tue, 14 Jan 2025 20:35:11 +0000 https://nairametrics.com/?p=506518 The Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Mohamed Buba Marwa (Rtd), has defended the agency's proposed N67.5 billion budget for 2025, calling for increased support from the National Assembly to address critical infrastructure and operational challenges.

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]]> https://nairametrics.com/2025/01/14/marwa-defends-n67-5-billion-ndlea-budget-seeks-nass-support-for-critical-infrastructure/feed/ 0 506518 NHRC seeks NASS review of Commission’s proposed budget from N8 billion to N19.55 billion  https://nairametrics.com/2025/01/14/nhrc-seeks-nass-review-of-commissions-proposed-budget-from-n8-billion-to-n19-55-billion/ https://nairametrics.com/2025/01/14/nhrc-seeks-nass-review-of-commissions-proposed-budget-from-n8-billion-to-n19-55-billion/#respond Tue, 14 Jan 2025 19:57:27 +0000 https://nairametrics.com/?p=506514 The National Human Rights Commission (NHRC) has pleaded with the National Assembly to consider increasing “its proposed budget from N8 billion to N19.55 billion.” 

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]]> https://nairametrics.com/2025/01/14/nhrc-seeks-nass-review-of-commissions-proposed-budget-from-n8-billion-to-n19-55-billion/feed/ 0 506514