The House of Representatives has passed the 2025 Appropriation Bill, approving a record N54.99 trillion budget for the fiscal year ending December 31, 2025.
The bill’s passage followed a detailed review of the report presented by Rep. Abubakar Kabir Abubakar, Chairman of the House Committee on Appropriations, during Thursday’s plenary.
Speaker Abbas Tajudeen, who presided over the plenary and also chaired the House Committee of Supply, led House members in a detailed examination of the crucial financial details and allocations.
The highlights of the passed Appropriation Bill are, statutory transfers of N3,645,761,358,925; debt service, N14,317,142,689,548; recurrent (non-debt) expenditure: N13,064,009,682,673; contribution to the development fund for capital expenditure, N23,963,251,624,250
The 13 clauses of the bill considered, approved, and passed by the House include, issue and appropriation of N54,990,165,355,396 from the Consolidated Revenue Fund of the Federation for 2025; first schedule, release of funds from the consolidated revenue, virement, and corrigendum.
Other key clauses include excess revenue, authorisation, information on funds releases, due process certification, information on internally generated revenue, domestic and foreign assistance, and power of Nigerian embassies and missions.
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The House had in a five-hour session on Thursday, December 20, 2025 held an extensive debate on the general principles of the Appropriation Bill.
The 2025 Appropriation Bill passed by the House is 91.04 percent higher than the 2024 N28,777,404,073,861 estimate approved by the House.
In July 2024, the National Assembly also considered and approved a request from the executive for a fresh injection of N6.2 trillion in supplementary appropriation into the N28.7 trillion 2024 budget.
This passage is a testament to the House of Representatives’ commitment to its constitutional duty of ensuring transparent financial management, effective oversight, and accountable governance.
It underscores the importance of the budgetary process in shaping Nigeria’s economic future and provides a platform for addressing the country’s developmental challenges.
The 10th House of Representatives reaffirms its commitment to working towards a balanced, well-regulated economy that will benefit all Nigerians.
