A Bill for an Act To Authorise the Issue From the Consolidated Revenue Fund of the Federation the Total Sum Of =N=49,740,165,355,396 (Forty Nine Trillion, Seven Hundred And Forty Billion, One Hundred And Sixty-Five Million, Three Hundred And Fifty-Five Thousand, Three Hundred And Ninety-Six Naira) Only, Of Which =N=4,435,761,358,925 (Four Trillion. Four Hundred And Thirty Five Billion, Seven Hundred And Sixty-One Million, Three Hundred And Fifty-Eight Thousand, Nine Hundred And Twenty Five Naira) Only Is For Statutory Transfers, =N=16,327,142,689,549 (Sixteen Trillion, Three Hundred And Twenty-Seven Billion, One Hundred And Forty-Two Million, Six Hundred And Eighty-Nine Thousand, Five Hundred And Forty Nine Naira) Only Is For Debt Service, =N=14,123,544,196,406 (Fourteen Trillion, One Hundred And Twenty-Three Billion, Five Hundred And Forty-Four Million, One Hundred And Ninety-Six Thousand, Four Hundred And Six Naira) Only Is For Recurrent (Non-Debt) Expenditure While The Sum Of =N=14,853,717,110,517 (Fourteen Trillion, Eight Hundred And Fifty-Three Billion, Seven Hundred And Seventeen Million, One Hundred And Ten Thousand, Five Hundred And Seventeen Naira) Only Is For Contribution To The Development Fund For Capital Expenditure For The Year Ending On The 31st Day Of December, 2025.

Abstract

This Bill seeks to authorise the issue from the Consolidated Revenue Fund of the Federation the total sum of=N=49,740,165,355,396 (Forty Nine Trillion, Seven Hundred and Forty Billion, One Hundred and Sixty-Five Million, Three Hundred and Fifty-Five Thousand, Three Hundred and Ninety-Six Naira) only, of which =N=4,435,761,358,925 (Four Trillion. Four Hundred and Thirty-Five Billion, Seven Hundred and Sixty-One Million, Three Hundred and Fifty-Eight Thousand, Nine Hundred and Twenty-Five Naira) only is for Statutory Transfers, =N=16,327,142,689,549 (Sixteen Trillion, Three Hundred and Twenty-Seven Billion, One Hundred and Forty-Two Million, Six Hundred and Eighty Nine Thousand, Five Hundred and Forty-Nine Naira) only is for Debt Service, =N=14,123,544,196,406 (Fourteen Trillion, One Hundred and Twenty-Three Billion, Five Hundred and Forty-Four Million, One Hundred and Ninety-Six Thousand, Four Hundred and Six Naira) only is for Recurrent (Non-Debt) Expenditure while the sum of =N=14,853,717,110,517 (Fourteen Trillion, Eight Hundred and Fifty-Three Billion, Seven Hundred and Seventeen Million, One Hundred and Ten Thousand, Five Hundred and Seventeen Naira) only is for contribution to the Development Fund for Capital Expenditure for the year ending on the 31st day of December, 2025.