The 2025 Appropriations Bill, worth ₦54.99 trillion, was approved by the House of Representatives Thursday.
The budget of ₦54.99 trillion is set up to meet important national financial obligations.
₦3.645 trillion is made up of statutory transfers, which guarantee funds for organisations with constitutional mandates.
A significant portion, ₦14.317 trillion, is allocated to debt servicing, reflecting Nigeria’s ongoing fiscal obligations.
The House of Representatives, on Thursday, passed the ₦54.99 trillion 2025 Appropriation Bill.
The ₦54.99 trillion budget is structured to address key national financial commitments.
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Statutory transfers account for ₦3.645 trillion, ensuring funding for constitutionally mandated entities.
A significant portion, ₦14.317 trillion, is allocated to debt servicing, reflecting Nigeria’s ongoing fiscal obligations
