Politics

Reps set to pass 2025 budget by month-end

Barring last-minute changes, the House of Representatives will conclude consideration of the N49.74 trillion 2025 Appropriation Bill by January 31st this year.

The Chairman of the House Committee on Appropriations, Mr. Abubakar Kabir Bichi, dropped the hint after the inaugural meeting of the committee on Monday, held at the National Assembly complex, Abuja.

The Kano-born lawmaker disclosed that the House committees will commence the 2025 budget defense session with Ministries, Departments, and Agencies (MDAs) on Tuesday, adding that reports from the exercise are expected to be harmonised on January 22.

Bichi explained that the budget defense with MDAs will last until January 17, and reports from the exercise may be harmonised on January 22, while the Appropriations Committee’s report would be laid at plenary on January 31st.

Recall that President Bola Tinubu had presented the N49.74 trillion 2025 Budget (Appropriation Bill) before a joint session of the National Assembly on December 18, 2024.

The House passed the budget through second reading on December 19, 2024, and referred it to the Appropriations Committee, with all Standing Committees as sub-committees for further legislative action.

Bichi assured that the panel and standing committees will be thorough with the budget defense in the interest of Nigerians.

He noted: “We just had the inauguration meeting today for the 2025 Appropriation Bill, which you have been aware that the President has presented the budget to us, and by tomorrow, we will start the budget defense with all the MDAs. From tomorrow to the 17th, we are going to do our budget defense, and we will likely harmonize on the 22nd, and, God willing, by the 31st, we are going to lay our reports.

“We are going to study the budget; all our committees will study the budget. I believe the budget is for Nigerians, for our development— infrastructure and other important things—and I am sure Nigerians will be happy with it.

“We just had an inauguration meeting today for the 2025 appropriation bills, which you have been aware that the President has presented the budget to us, and by tomorrow, we’ll start the budget defense with all the MDAs. From tomorrow to the 17th, we are going to do our budget defense, and we will likely harmonize by the 22nd.

“But what we do first, we complete our reports. Now we are going to study the budget, all our committees will study the budget, and I believe the budget is for Nigerians. It’s for development, infrastructures, and other important things, and I’m sure Nigerians will be happy with it.”

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Blessing Obinna

Blessing Obinna is a dynamic journalist with a passion for uncovering stories that matter. She specializes in entertainment, lifestyle, and societal trends, bringing fresh perspectives to every article she writes for eNews Nigeria.