By seaflyponews 
2025 Budget: Senate Passes ₦54.9 trillion Naira Appropriation Bill
By Babatunde Aremu
The Nigerian senate has passed passed the 2025 Appropriation Bill, totaling N54.9 trillion.
This significant milestone was reached after extensive deliberations and collaboration among Senate members.
A breakdown of the budget reveals the following allocations:
• N23.963 trillion for capital expenditure
• N14.317 trillion for debt servicing
• N3.645 trillion for statutory transfers
• N13.64 trillion for recurrent expenditure
Senate President, Godswill Akpabio in his address commended his Distinguished Colleagues for their tireless work in ensuring the swift passage of the bill, stating,
“I thank my Distinguished Colleagues for working round the clock to ensure that this was achieved today.”
The 2025 Appropriation Bill is now set to be enacted, marking a crucial step in the country’s fiscal planning and development for the year ahead.