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Tinubu shifts presentation of N47.9tr 2025 budget to National Assembly
President Bola Tinubu has postponed the presentation of the N47.9 trillion 2025 National Budget to the National Assembly had been rescheduled for Tuesday, December 17, to Wednesday, December 18, 2024.
The presentation of the Budget was scheduled for the House of Representatives Chamber, with the plenary sessions were scheduled to begin at 10:30 a.m.
According to the early schedule, Senators were expected to convene in the Red Chamber before proceeding in procession to join their House of Representatives counterparts for the budget’s unveiling.
READ ALSO: Tinubu seeks Senate approval to inject N6.2tn into 2024 budget
Though the reasons for the postponement were not revealed, a senior official in the National Assembly who confirmed the postponement of the presentation of the budget, told journalists that the development follows President Tinubu’s submission of the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for 2025–2027 last month, which marked a critical step in the budget preparation process.
Senate President, Godswill Akpabio, had earlier announced during last Thursday’s plenary that Tinubu would present the annual budget on December 17.
“The president has made his intention known to the National Assembly to present the 2025 budget to the joint Assembly of the National Assembly on the 17th of December, 2024,” Akpabio had informed lawmakers.
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