National Assembly Set to Increase 2025 Budget Amid MDAs’ Concerns

• The National Assembly is set to increase the proposed ₦47.94 trillion budget for 2025.

• This was due to inadequate funding across various sectors.

• Ministries, Departments, and Agencies (MDAs) have expressed concerns over insufficient funding.

The National Assembly appears set to increase the proposed ₦47.94 trillion budget for 2025, following widespread appeals from Ministries, Departments, and Agencies (MDAs) during budget defence sessions.

Lawmakers have expressed dissatisfaction with the allocations provided by the Presidency, citing inadequate funding across various sectors.

The Environment Ministry, which allocated ₦64.25 billion, sought additional funds for its agencies, including the National Park Service, Environmental Health Council of Nigeria (EHCON), and the National Oil Spill Detection and Response Agency (NOSDRA).

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Mahmud Kambari, Permanent Secretary of the Environment Ministry, highlighted funding as a persistent challenge.

The Ministry of Defence also raised concerns, with the Minister of State for Defence, Dr. Bello Matawalle, requesting an additional ₦20 billion to compensate families of fallen military personnel.

Matawalle emphasized the ministry’s inability to meet security demands with its current ₦50.44 billion allocation.

National Assembly Sets N25 Trillion Revenue Target For FIRS In 2025

he National Assembly has set an ambitious revenue target of N25 trillion for the Federal Inland Revenue Service (FIRS) in 2025.

This comes after the FIRS exceeded its 2024 revenue target of N19.4 trillion, generating N21.6 trillion.

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