National Assembly Approves Revised ₦43.5 Trillion 2024 and ₦48.3 Trillion 2025 Budgets in Nigeria

The National Assembly in Nigeria has approved revised budgets of ₦43.5 trillion for 2024 and ₦48.3 trillion for 2025, aiming to address revenue shortfalls and weak capital execution. The budgets were passed after a marathon plenary session, with key adjustments made to align with current fiscal realities.

Senator Solomon Adeola led the legislative design to ensure fiscal responsibility and oversight. The revised budgets include provisions for debt sustainability, capital injections, and addressing emerging national priorities.