Security has been significantly increased at the National Assembly Complex ahead of President Bola Tinubu’s presentation of the 2025 Appropriation Bill to a joint session of the Senate and House of Representatives, with armed police officers stationed at key entry points to ensure only accredited individuals are allowed entry.
The usually bustling National Assembly Complex was unusually quiet, with both human and vehicular movement restricted in preparation for the president’s arrival.
The usually bustling foyer and corridors were eerily quiet, highlighting the gravity of the occasion. President Tinubu is set to present the 2025 budget, which is expected to total N47.96 trillion.
The budget framework is based on several key assumptions, including an oil price benchmark of $75 per barrel, an oil production capacity of 2.06 million barrels per day, and an exchange rate of N1,400 to $1, reflecting the administration’s economic outlook and plans for the upcoming year.
