At least 10 federal ministries and agencies got over N1tn allocation each as appropriation in the 2025 budget, according to The PUNCH’s analysis of the 2025 budget.
The ministries include Police Affairs, Interior, Defence, Finance, Power, Works, and Budget and Economic Planning, alongside the ministries of Niger Delta, Education, and Health.
The allocations, detailed in the 2025 Appropriation Bill presented to the National Assembly, highlight that the Ministry of Finance received the largest share, with a staggering N17.52tn.
A significant portion of this amount is earmarked for salary payments. Compared to the N9.33tn allocated in 2023, the new allocation marks an 87.78% increase, equivalent to N8.19tn.
The Ministry of Budget and Economic Planning followed with a proposed allocation of N6.78tn, reflecting a 52.35% increase or N2.33tn from its previous funding.
The Ministry of Defence ranked third, receiving N2.92tn, an increase of 84.81% or N1.34tn. The Ministry of Interior also saw a significant rise, with its allocation increasing to N1.13tn from N461bn in 2024.
Meanwhile, the Ministry of Power received a notable 510.46% increase, bringing its allocation to N2.1tn from N344bn in 2024. Similarly, the Ministry of Works saw an allocation of N1.14tn, up from N657.23bn.
The Niger Delta ministry received N2.23tn, while the Education and Health ministries were allocated N2.52tn and N1.91tn, respectively.
Last Thursday, the Senate and the House of Representatives passed the N49.7tn ‘Restoration’ 2025 budget for a second reading during their respective plenaries.
The budget, initially presented by President Bola Tinubu, was met with widespread approval by lawmakers, who commended the President’s vision for the nation.
Following deliberations on its general principles, the Senate referred the budget to the Committee on Appropriations after Senate President Godswill Akpabio conducted a voice vote.
The budget outlines a revenue projection of N34.82tn to fund the total expenditure of N47.9tn, leaving a deficit of N13.0tn.
