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President Tinubu To Present ₦‎47.9trn 2025 Budget To National Assembly Dec 17 - Politics - Nairaland 6t442y

President Tinubu To Present ₦‎47.9trn 2025 Budget To National Assembly Dec 17 (5577 Views)

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LegendHero(m): 4:23pm On Dec 12, 2024
President Bola Tinubu is set to present the N47.9 trillion 2025 budget to the national assembly on December 17.

Senate President Godswill Akpabio announced the development at a plenary on Thursday.

“The president has made his intention known to the National Assembly to present the 2025 budget to the t session of the National Assembly on the 17th of December, 2024,” Akpabio said.


On November 14, the federal government proposed N47.9 trillion as the total expenditure in the 2025 budget.

Tinubu later submitted the medium-term expenditure framework and fiscal strategy paper (MTEF/FSP) for 2025–2027 to both the senate and the house of representatives on November 19.

The MTEF/FSP are parameters any budget of the country is premised on and also serve as a projection of a three-year spending plan of the federal government.

On December 3, the senate approved the MTEF/FSP ahead of the consideration of the 2025 budget proposal.

In the MTEF/FSP, the key parameters include a $75 oil price benchmark per barrel, daily oil production of 2.06 million barrels per day (bpd), an exchange rate of N1,400 to $1, and a targeted gross domestic product (GDP) growth rate of 6.4 percent.

The expenditure framework also has a new borrowing plan of N9.22 trillion which constitutes both domestic and foreign borrowings.

Source: https://www.thecable.ng/just-in-tinubu-to-present-n47-9trn-2025-budget-to-nassembly-dec-17/

12 Likes 1 Share

TemplarLandry: 4:24pm On Dec 12, 2024
cool Jagaban!

14 Likes 1 Share

AqualinaXYZ: 4:24pm On Dec 12, 2024
A dunce of a president



Incompetent Buffon parading himself from one continent to another sniffing cocaine and bed wetting his diapers



He’s rich he doesn’t need Nigeria money that was how the self claimed most sophisticated region got scammed buy a thief from Guinea


Now ba hunger dey use them do TikTok challenge

32 Likes 4 Shares

LegendHero(m): 4:28pm On Dec 12, 2024
Jagaban Omo Olodo Ide.

President of the Federal Republic of Nigeria. Conqueror of PDP and their delulu sibiling ELupee.

30 Likes

jmoore(m): 4:33pm On Dec 12, 2024
They will never tell us how much was implemented in the current year before presenting new budget.

More than 50% of the budget is already lost to corruption.

11 Likes

AfonjaEmir: 4:34pm On Dec 12, 2024
Legendhero... grin



AqualinaXYZ:
A dunce of a president



Incompetent Buffon parading himself from one continent to another sniffing cocaine and bed wetting his diapers



He’s rich he doesn’t need Nigeria money that was how the self claimed most sophisticated region got scammed buy a thief from Guinea


Now ba hunger dey use them do TikTok challenge

4 Likes

EmperorCaesar(m): 4:35pm On Dec 12, 2024
jmoore:
They will never tell us how much was implemented in the current year before presenting new budget.

In your saner clime, is this the stage for that or you just wanna talk?

9 Likes

jmoore(m): 4:37pm On Dec 12, 2024
EmperorCaesar:

In your saner clime, is this the stage for that or you just wanna talk?
Babablu bulabu, swerve!
Must you quote me? Get out!

3 Likes

LegendHero(m): 4:38pm On Dec 12, 2024
jmoore:
They will never tell us how much was implemented in the current year before presenting new budget.

More than 50% of the budget is already lost to corruption.

Actually I heard that 99% of the budget will be lost to corruption. Remaining 1% will be use as bank charges.

That’s exactly why all ELupee rep are decamping so they can share in the largesse.

My source for this news is IPOB bureau of statistics.

31 Likes

EmperorCaesar(m): 4:38pm On Dec 12, 2024
AqualinaXYZ:
A dunce of a president



Incompetent Buffon parading himself from one continent to another sniffing cocaine and bed wetting his diapers



He’s rich he doesn’t need Nigeria money that was how the self claimed most sophisticated region got scammed buy a thief from Guinea


Now ba hunger dey use them do TikTok challenge
Stop sounding incoherent on the thread
If you havent read vast enough to know what to contribute relevantly to a thread like this, then just go to kiddies section and go discuss Mortal Kombat


How bad is the situation over there?

13 Likes

FourQu: 4:39pm On Dec 12, 2024
EmperorCaesar:
Stop sounding incoherent on the thread
If you havent read vast enough to know what to contribute relevantly to a thread like this, then just go to kiddies section and go discuss Mortal Kombat


How bad is the situation over there?

Timothy close your gutter mouth

https://nairaland.unblockandhide.com/8290617/guess-person

2 Likes 1 Share

AfonjaEmir: 4:40pm On Dec 12, 2024
E pain am.... cheesy

Why you dey cry like this sef..

So Tinubu yab dey make you cry like this.

You go cry Blood



EmperorCaesar:
Stop sounding incoherent on the thread
If you havent read vast enough to know what to contribute relevantly to a thread like this, then just go to kiddies section and go discuss Mortal Kombat


How bad is the situation over there?

1 Like 1 Share

jmoore(m): 4:42pm On Dec 12, 2024
LegendHero:


Actually I heard that 99% of the budget will be lost to corruption. Remaining 1% will be use as bank charges.

That’s exactly why all ELupee rep are decamping so they can share in the largesse.

My source for this news is IPOB bureau of statistics.
You didn't hear that Timlubuu is a druglord too?

Reno Omokri is an IPOB member...

As una no wan jump and , oya find something else or..

1 Like

2special(m): 4:44pm On Dec 12, 2024
No point presenting anywhere cuz it has already been approved by the rubber stamp Senate President

1 Like

LegendHero(m): 4:47pm On Dec 12, 2024
jmoore:

You didn't hear that Timlubuu is a druglord too?

Reno Omokri is an IPOB member...

As una no wan jump and , oya find something else or..

I heard Tinubu is the chief drug lord that send almost 3 Shikodees to prison across India, Nepal, and SouthAfrica on a daily. At last count, almost 1 million.

Awo do him to million of them in the 60s, Tinubu self Dey do him own to them in 2020s. Why is Tinuby wicked?

28 Likes

jmoore(m): 4:49pm On Dec 12, 2024
LegendHero:


I heard Tinubu is the chief drug lord that send almost 3 Shikodees to prison across India, Nepal, and SouthAfrica on a daily. At last count, almost 1 million.

Awo do him to million of them in the 60s, Tinubu self Dey do him own to them in 2020s. Why is Tinuby wicked?

At least, you have itted that Tinubu is a Chief druglord.

Olaniyi don score own goal!

2 Likes

Atuero(m): 4:54pm On Dec 12, 2024
Waste of time
Akpabio should just write Tinubu that it has been approved

Budget of
Borrowing
Hunger
Hardship
Misery
Poverty
Corruption
And renewed hopelessness

2 Likes

Kukutente23: 4:58pm On Dec 12, 2024
And it will be expected to be ed before Jan 1?

Rubber stamp everywhere!!

So we are no longer looking for naira to come down to N700

What plan will make GDP grow to 6%?

1 Like

Godfullsam(m): 4:58pm On Dec 12, 2024
AqualinaXYZ:
A dunce of a president



Incompetent Buffon parading himself from one continent to another sniffing cocaine and bed wetting his diapers



He’s rich he doesn’t need Nigeria money that was how the self claimed most sophisticated region got scammed buy a thief from Guinea


Now ba hunger dey use them do TikTok challenge

Learn to criticise constructively. Your level of criticism is irritating. Don't allowing emotion and frustration to ruing you.

22 Likes 1 Share

LegendHero(m): 5:02pm On Dec 12, 2024
jmoore:


At least, you have itted that Tinubu is a Chief druglord.

Olaniyi don score own goal!

We are saying the same thing. I even heard back then, he used to sell drug alongside Obi of Onitsha.

How he was now able to recruit almost 1 million Shikodees to serve him is what I don’t understand.

Do you have any clue?

24 Likes

Shokoloko(f): 5:10pm On Dec 12, 2024
EmperorCaesar:
Stop sounding incoherent on the thread
If you havent read vast enough to know what to contribute relevantly to a thread like this, then just go to kiddies section and go discuss Mortal Kombat


How bad is the situation over there?
You are here castigating someone for not reading vast enough, when in a previous thread you claimed that Kemi Badenoch is not Nigerian.
Are you not silly to dish advice you have not taken. Lazy Nigerian youths!

Go fix your education because it is useless.

1 Like 1 Share

jmoore(m): 5:12pm On Dec 12, 2024
LegendHero:


We are saying the same thing. I even heard back then, he used to sell drug alongside Obi of Onitsha.

How he was now able to recruit almost 1 million Shikodees to serve him is what I don’t understand.

Do you have any clue?

You are probably talking about Oba of Lagos.

Olaniyi doesn't know the monarch that resides in Lagos. Hope it's not drug abuse that's affecting the reasoning of Olaniyi?
Jasix(m): 5:12pm On Dec 12, 2024
We are waiting sha
givedemwotowoto: 5:13pm On Dec 12, 2024
We need to find that lady who originally attended CSU and made first class while the people who hired her were trafficking heroin. She should be president!
Bobloco: 8:03pm On Dec 12, 2024
grin
nairalanda1(m): 8:08pm On Dec 12, 2024
How's our debt by the way?
SafariHunter(m): 8:08pm On Dec 12, 2024
APC
Budget is just formality. What will eventuality happen......no need, make we see
AcadaWriter0: 8:12pm On Dec 12, 2024
They will not disclose how much was implemented in the current year before presenting the new budget. Over 50% of the budget has already been lost to mismanagement.
kettykin: 8:13pm On Dec 12, 2024
They are still borrowing. Smh
commoditiesnig: 8:17pm On Dec 12, 2024
Noted
OkCornel(m): 8:18pm On Dec 12, 2024
Is it a deficit budget?

If yes, get ready for more loans to finance the deficit!

The expenditure framework also has a new borrowing plan of N9.22 trillion which constitutes both domestic and foreign borrowings.

Don’t be surprised to see news on fresh foreign loans next year to finance the 9.22 trillion naira deficit.

This is what pbatmedia team should be communicating proactively!
LivingSage: 8:18pm On Dec 12, 2024
As a member of mental health department, we apologize to the general public that the person who made this post is one of our patients who escaped from our center.
But we're assuring you all that we will do our very best to get him back to treatment. And we're deeply sorry for any inconveniences he might have caused during during this period. Thank you
AqualinaXYZ:
A dunce of a president
Incompetent Buffon parading himself from one continent to another sniffing cocaine and bed wetting his diapers
He’s rich he doesn’t need Nigeria money that was how the self claimed most sophisticated region got scammed buy a thief from Guinea
Now ba hunger dey use them do TikTok challenge

4 Likes

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So Naija & S.A Are Not The Richest Countries In Africa Afterall

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