President Bola Tinubu is set to present the N47.96 trillion budget proposal for the 2025 fiscal year to a joint session of the National Assembly today, barring any unforeseen changes.
The budget estimate was approved by the Federal Executive Council on Monday.
Ahead of the presentation, heightened security measures have been implemented around the National Assembly Complex.
Personnel from the Department of State Services (DSS), Nigeria Police Force, Nigerian Security and Civil Defence Corps, Sergeant-at-Arms, and the Federal Road Safety Corps are on standby to restrict access, allowing only individuals with official business related to the budget presentation to enter.
In preparation for the event, National Assembly staff handling clerical and auxiliary services have been asked to stay at home until the conclusion of the session.
Additionally, businesses and service providers within the vicinity, including banks and food vendors, have been instructed to close for the day in compliance with National Assembly directives.
The joint session, which will be presided over by Senate President Godswill Akpabio and Speaker of the House of Representatives, follows the passage of the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), the foundation for the proposed budget, by both chambers of the National Assembly.