Senate Corrects Errors In 2025 Appropriations Bill, Recommits For Reconsideration

The Senate fixed and fixed errors in the House of Representatives’ and Senate’s last Thursday.

The Joint Committee on Appropriations’ final cleaning and realignment process revealed the discrepancies.

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The corrections primarily affected allocations under recurrent expenditure, pensions, and capital projects. Some of the key adjustments include:

• Ministry of Defence: Revised from 2.51 trillion to 2.49 trillion naira
• Ministry of Police Affairs: Adjusted from ₦1.225 trillion to 1.224 trillion naira
• Total Pensions, Gratuity, and Retirement Benefits: Increased from ₦950 billion to 1.44 trillion naira
• Military Pensions and Gratuities: Adjusted from 252.6 billion to 383.9 billion naira.
• National Pension Commission (PENCOM): Increased from 529.4 billion naira to 804.7 billion naira.

Similarly, corrections were made in capital allocations, including reductions in the budgets for key ministries:

• Presidency: Reduced from &nbsp, ₦144.4 billion to &nbsp, ₦142.7 billion.
• Federal Ministry of Agriculture and Food Security: Adjusted from ₦1.95 trillion to &nbsp, ₦1.83 trillion.
• Federal Ministry of Works: Revised from &nbsp, ₦2.04 trillion to &nbsp, ₦2 trillion.
• Federal Ministry of Education: Reduced from &nbsp, ₦953.9 billion to &nbsp, ₦944.6 billion.

Despite these adjustments, the total budget size remains &nbsp, ₦54.99 trillion with allocations unchanged for: Statutory Transfers: ₦3.64 trillion, Debt Service: ₦14.31 trillion.

However, the corrections led to an increase in Recurrent (Non-Debt) Expenditure to &nbsp, ₦13.58 trillion, while Capital Expenditure was reduced to &nbsp, ₦23.43 trillion.

Source: Channels TV