Feb 28, 2025
Tinubu Signs Record ₦54.99 Trillion 2025 Budget Into Law
President Bola Tinubu signed the 2025 Appropriation Bill into law at a ceremony in the State House, Abuja, on 28 February 2025, formalising Nigeria's largest budget yet at ₦54.99 trillion. The National Assembly had passed the bill on 13 February, later adjusting allocations across ministries and agencies before transmission for assent. The budget dedicates the bulk of spending — over ₦23 trillion — to capital projects, with the remainder covering recurrent costs, debt servicing and statutory transfers. It underlines the administration's push to expand infrastructure and public investment despite a challenging fiscal environment.