DAILY POST
The Federal Executive Council, FEC, on Thursday, approved a proposed national budget of N47.9 trillion for the 2025 fiscal year.
Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this while briefing State House correspondents after the FEC meeting presided over by President Bola Tinubu on Thursday.
This was part of the Medium Term Expenditures Framework, MTEF, for 2025 to 2027 and in line with the Fiscal Responsibility Act of 2007.
Accordingly, the FEC approved its submission to the National Assembly as required by the 2007 Fiscal Responsibility Act.
