No fewer than 10 federal ministries and companies underneath their purview bought over N1tn every as appropriation within the 2025 funds, The PUNCH evaluation has proven.
A breakdown of the proposed allocation, contained within the 2025 Appropriation Invoice introduced to the Nationwide Meeting, confirmed that the ministries embrace Police Affairs, Inside, Defence, Finance, Energy, Works, and Price range and Financial planning.
Others are the ministries of Niger Delta, Schooling, and Well being.
The proposed funds confirmed that the finance ministry bought the best allocation of N17.52tn. Majority of that is for wage cost. The quantity is a rise of 87.78 per cent or N8.19tn from the N9.33tn allotted in 2023.
This was adopted by the Ministry of Price range and Financial Planning, which bought a rise of N2.33tn or 52.35 per cent to N6.78tn within the 2025 funds.
Third on the listing is the Ministry of Defence with an appropriation of N2.92tn, indicating a rise of N1.34tn or 84.81 per cent. The Ministry of Inside bought an allocation of N1.13tn from N461bn in 2024.
Whereas the ability ministry bought a 510.46 per cent enhance to N2.1tn from the N344bn in 2024, the works ministry additionally bought a proposal of N1.14tn from N657.23bn.
Equally, the Niger Delta ministry bought an appropriation of N2.23tn, Schooling bought N2.52tn and well being bought N1.91tn.
The Senate and the Home of Representatives, at their separate plenaries final Thursday, handed for second studying the N49.7tn ‘Restoration’ 2025 funds introduced on Wednesday by President Bola Tinubu.
The funds was handed after numerous deliberations on the invoice’s basic ideas by senators and Home of Reps members who applauded the President for his good intentions for the nation.
Within the Senate, the funds was handed and referred to the Committee on Appropriations after being put to a voice vote by the Senate President, Godswill Akpabio, who presided over the session.
The funds has a income projection of N34.82tn to fund the combination expenditure of N47.9tn and a deficit of N13.0tn.
