By Our Reporter
The House of Representatives has urged President Bola Tinubu to send the 2025 budget proposal to the National Assembly without delay.
This resolution was passed during a plenary session on Wednesday, following a motion by Akwa Ibom lawmaker Clement Jimbo. He highlighted the necessity for the president to adhere to Section 11(1b) of the Fiscal Responsibility Act 2027, which requires the submission of the Medium-Term Expenditure Framework (MTEF) at least four months before the start of the new financial year.
The MTEF, a critical document that outlines projected revenue, expenditures, and budgetary policies for the next three years, must precede the budget presentation.
Jimbo expressed concern over the lack of submission for both the MTEF and the 2025 budget proposal, stressing the National Assembly’s constitutional role in overseeing the appropriation of funds. He called for adherence to the established timelines for budget consideration and passage.
The motion was approved through a voice vote led by House Speaker Tajudeen Abbas, who also instructed relevant committees on national planning, economic development, appropriation, and finance to ensure compliance within two weeks.