The review, carried out on Tuesday during plenary sessions in both the Senate and the House of Representatives, was necessitated by errors identified in the previously passed budget. Lawmakers corrected discrepancies in allocations to various ministries, departments, and agencies (MDAs), leading to some receiving increased funding while others faced cuts.
Chairman of the House Committee on Rules and Business, Francis Waive (APC, Delta), who presented the motion for the review, explained that the Joint Appropriation Committee had detected errors in the approved figures. He noted that while the statutory transfer of N3.64 trillion and other key components remained unchanged, the adjustments primarily affected recurrent (non-debt) expenditure, which now stands at N13.56 trillion, and capital expenditure, which has been revised to N23.44 trillion.
Among the MDAs that saw budget reductions were the Ministries of Defence and Police Affairs, the National Pension Commission, Universities Pensions, the Office of the Head of the Civil Service of the Federation (civilian pensions), and the Pension Transition Arrangement Directorate.
Conversely, increased allocations were approved for the Presidency, the Federal Ministries of Information and National Orientation, Agriculture and Food Security, Works, Labour and Employment, Transportation, Innovation, Science and Technology, Education, Environment, Health, and Social Welfare, among others.
The budget adjustments are aimed at addressing fiscal priorities for the 2025 fiscal year while ensuring efficient allocation of resources across key sectors.
