The Senate will begin scrutiny of the N49.7 trillion 2025 budget on Tuesday, hoping to pass it on January 31, 2025
Adeola Olamilekan, Chairman of the Senate Committee on Appropriations disclosed on Monday during a meeting with the chairmen of relevant committees on the template for the 2025 Budget Defence session to guide the budget process towards its eventual signing into law.
Olamilekan further revealed that upon the resumption of plenary by the 14th of January 2025, the Senate would immediately commence a two-week break for the seamless continuation of the budget defence process.
He equally revealed a planned retreat on Thursday on the budget consideration which will involve ministries, departments and agencies, civil society organisations, and other stakeholders in the polity for further consultation and insight into the content of the budget proposal.
According to the timetable, the committees are expected to report back on their documents from January 15th to 18th, after which the Appropriation Committee will collate and title the documents.
Acknowledging the limited timeframe, Olamilekan emphasised the need for lawmakers to intensify their efforts. He also urged his colleagues to forgo their holidays and begin immediate work on the proposed budget estimate, underscoring the importance of timely and efficient handling of the budget process within the stipulated time frame.
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