Tinubu Sends N43.56Tr Appropriation Bill 2024–2025 to Reps

President Bola Tinubu has forwarded the Appropriation (Repeal and Re-enactment) Bill 2024–2025 to the House of Representatives for consideration.

Read by Deputy Speaker Benjamin Kalu, the bill seeks approval to withdraw N43.56 trillion from the Consolidated Revenue Fund for the 2025 fiscal year, covering statutory transfers, debt servicing, recurrent non-debt expenditure, and capital spending.

The proposal is designed to end the practice of running multiple budgets simultaneously, strengthen fiscal discipline, enhance capital budget performance, and tighten controls over fund releases and implementation.

READ ALSO: Senate Corrects Errors In 2025 Appropriation Bill

The House of Representatives subsequently passed the bill for its first and second readings.