
President Bola Ahmed Tinubu on Wednesday urged the Nationwide Meeting to extend the N49.7 trillion 2025 finances to N54.2 trillion.
Tinubu’s letter of request was learn by Senate President Godwill Akpabio throughout plenary.
Tinubu attributed the necessity for the rise to extra revenues generated by key authorities companies.
In accordance with the president, the quantity and the companies embrace, N1.4trillion from the Federal Inland Income Service (FIRS), N1.2 trillion from the Nigeria Customs Service, and N1.8trillion from different government-owned companies
After studying the letter, Akpabio referred it to the Senate Committee on Appropriations for swift consideration.
Akpabio additionally assured that the finances could be reviewed and handed earlier than the top of February.
Particulars shortly…