Budget Crisis: National Assembly Extends 2025 Fiscal Year To March 2026
In a sweeping fiscal overhaul aimed at addressing revenue shortfalls, weak capital implementation and overlapping budget cycles, the National Assembly has approved a revised ₦43.5 trillion 2024 Appropriation Act and a reworked ₦48.3 trillion budget framework for 2025, extending the lifespan of the 2025 fiscal year to March 31, 2026. The approvals followed prolonged plenary … Continue reading Budget Crisis: National Assembly Extends 2025 Fiscal Year To March 2026
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