The Senate and the House of Representatives have on Tuesday rescinded their decision on the passage of the 2025 budget bill, citing the need to correct errors in the allocations to capital and recurrent expenditures.
Despite the reversal, the overall budget size remains unchanged at N54.9 trillion.
The adjustment, which was prompted by a motion from Senator Adeola Olamilekan, Chairman of the Joint Committee on Appropriations, and Hon. Abubakar Kabir, Chairman of the House Appropriations Committee, led to a reallocation of funds.