By Ajibola Olaide, JKNewsMedia Correspondent IMPLEMENTATION OF the capital component of the 2025 budget has been extended by the national assembly from March 31 to June 30 following the passage of an amendment bill. JKNewsMedia.com reports that the approval came after consideration and passage of a bill seeking to amend the 2025 appropriation...
By Jemimah Wellington, JKNewsMedia Reporter SENATE AND House of Representatives Approve ₦54.99 Trillion Budget with ₦750 Billion Increase Economic priorities have reshaped Nigeria’s fiscal landscape as the National Assembly passed the 2025 budget, raising the total sum to ₦54.99 trillion—an increase of approximately ₦750 billion from the init...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s PUSH for economic diversification risks stalling as the Joint National Assembly Committee on Solid Minerals rejects the proposed N9 billion capital budgets for the mining sector in the 2025 appropriation. Lawmakers argue that the allocation is grossly insufficient to unlock the potential of...
By JKNewsMedia  LAGOSIANS WILL see an unprecedented investment in capital projects in 2025 following the approval of a massive N3.37 trillion budget by the Lagos State House of Assembly on Monday. Lawmakers finalised the decision after rigorous deliberations, ensuring the financial plan aligns with the state’s developmental goals. The approve...
