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The President of the Senate, Senator Godswilll Akpabio has declared that the 2024 Budget will be extended to June 25, 2025.
He stated this in his opening remark during the presentation of the 2025 Appropriation Bill by President Bola Tinubu to the joint session of the National Assembly on Wednesday.
According to him, the 2024 budget performance was 50% for Capital Expenditure and 48% for Recurrent component, leaving a wide gap of 50% underperformance of the Appropriation Act
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Reporting for Galaxy TV from Lagos and Abuja, covering energy and national affairs across Nigeria and West Africa
This is contained in a statement signed by Dr Abimbola Fasanu, Senior Technical Adviser on Information Systems and Data Analysis, Office of the Minister of Humanitarian Affairs and Poverty Reduction, on Thursday.
The Delta State Government announced that it has successfully reduced its legacy debt from N463 billion down to N63 billion, with a target to completely pay off the remaining balance by the first quarter of 2027. Economic Planning Commissioner Sonny Ekedayen revealed the financial milestone in Asaba during the state's 2026 budget stakeholders' engagement session on Friday.
The Kukah Centre has called on the media to use their various platforms to promote electoral peace before, during and after the upcoming general elections.
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