Senator Godswill Akpabio, the President of the Senate, has announced that the duration of the current 2024 budget will be extended until June 25, 2025. He made this statement during his opening remarks at the presentation of the 2025 Appropriation Bill by President Bola Tinubu to a joint session of the National Assembly on Wednesday. Senator Akpabio highlighted that the performance of the 2024 budget showed a 50% achievement in Capital Expenditure and 48% in the Recurrent component, indicating a significant shortfall of 50% in the overall execution of the…
BREAKING: 2024 Budget To Be Extended By 6 Months
