The President of the Senate, Senator Godswill Akpabio, has disclosed that the lifespan of the current 2024 budget will be extended to June 25, 2025.
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He stated this in his opening remark during the presentation of the 2025 Appropriation Bill by President Bola Tinubu to the joint session of the National Assembly on Wednesday.
According to him, the 2024 budget performance was 50% for Capital Expenditure and 48% for Recurrent component, leaving a wide gap of 50% underperformance of the Appropriation Act.
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