The 2025 appropriation bill was passed by the National Assembly on February 13 after increasing it from the initial N49.7 trillion.
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It represents a 99.96 per cent increase from the 2024 Budget of N27.5 trillion.
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The 2025 budget has a total expenditure component of N54.99 trillion, statutory transfers of N3.65 trillion, and recurrent (non-debt) expenditure of N13.64 trillion.
The capital expenditure component is N23.96 trillion, debt servicing of N14.32 trillion, and deficit-to-GDP Ratio of 1.52 per cent.
Senate President Godswill Akpabio and other leaders of the National Assembly witnessed the signing of the budget.
