Federal Executive Council (FEC) Archives -

FEC approves N47.96tr budget proposal for 2025

NewsDesk6 days ago6 days ago05 mins

The Federal Executive Council (FEC) on Monday approved the proposed sum of N47.96 trillion naira for the year 2025 budget. The Minister of Budget and Economic Planning, Senator Atiku Bagudu, disclosed this while briefing newsmen after the council meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja. The minister explained that the…

Senate approves Tinubu’s .2bn loan to tackle budget deficit

Senate approves Tinubu’s $2.2bn loan to tackle budget deficit

NewsDesk1 month ago1 month ago02 mins

The Nigerian Senate has approved President Bola Tinubu’s request for a $2.2 billion loan to bridge the N9.1 trillion deficit in the 2024 budget. The decision followed the presentation of a report by Aliyu Wamakko, chair of the committee on local and foreign debt. The loan, equivalent to N1.7 trillion at an exchange rate of…

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Federal Executive Council (FEC)

FEC approves N47.96tr budget proposal for 2025

Senate approves Tinubu’s $2.2bn loan to tackle budget deficit