Nigerian House urges President to submit 2025 budget proposal following delays, emphasizing Fiscal Responsibility Act compliance.

The Nigerian House of Representatives has urged President Bola Ahmed Tinubu to quickly submit the 2025 budget proposal, highlighting delays that could hinder lawmakers' review. The motion emphasizes compliance with the Fiscal Responsibility Act, which mandates submission of the Medium Term Expenditure Framework (MTEF) at least four months before the fiscal year ends. Committees on National Planning, Economic Development, Appropriation, and Finance are tasked with ensuring compliance within two weeks.

October 16, 2024
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