Categories: Latest News

2025 budget: Tinubu writes Senate, submits MTEF/FSP

President Bola Tinubu has laid before the Senate, the 2025-2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) ahead of the presentation of the estimates of the 2025 budget.

A letter he wrote to the Senate President, Godswill Akpabio, seeking the approval of the MTEF/FSP was read to senators on Tuesday.

Tinubu sought expeditious consideration and approval of the documents, saying that they contained the parameters upon which the 2025 budget proposals would be set.

The President, in a separate request, sought a resolution of the Senate on the $ 2.2 billion borrowing plan to finance the deficit of the 2024 budget.

The 2024 budget has a deficit of N9.7 trillion.

READ MORE FROM: NIGERIAN TRIBUNE

John Ameh

Recent Posts

Why no woman should die from breast cancer — Dr Idowu

    Dr AyoOluwa Idowu, a consultant radiologist with a bias for breast cancer imaging…

51 minutes ago

Bitter kola: Treatment for mild erectile dysfunction

        Erectile dysfunction is a significant health issue affecting millions of men…

1 hour ago

Worker’s Day and mental health in the workplace

    Tunde and Musa work in a department where the new Head (Mr Ojo)…

1 hour ago

Viral greeting video: I hold Ooni of Ife in high regard — Alaafin Owoade clarifies

The video captured the moment the Ooni arrived, prompting other monarchs to rise and exchange…

2 hours ago

He who does not produce must not eat

    IN  the modern world where challenges like hunger, poverty, unemployment, and insecurity continue…

2 hours ago

Nigerian importers, exporters Dollar-transactions negating currency swap gains — CBN

  The Governor of the Central Bank of Nigeria, Olayemi Cardoso, during a recent meeting…

2 hours ago

This website uses cookies.