President Bola Tinubu on Tuesday submitted the 2025-2027 Medium-term Expenditure Framework And Fiscal Strategy paper to the National Assembly.
The President’s letter read by the Speaker of the House of Representatives, Hon. Tajudeen Abbas at the plenary on Tuesday.
He said: “It is with pleasure that I forward herewith, the 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF&FSP) for the kind consideration and approval by the House of Representatives.
“The 2025- 2027 (MTEF&FSP) was approved during the Federal Executive Council (FEC) meeting of 10th November, 2024.
“The Senate is invited to note that, as the 2025 budget of the federal government will be prepared based on the parameters and fiscal assumptions of the approved 2025-2027 (MTEF&FSP), it is imperative to seek National Assembly’s expeditious legislative action on this submission.
“While I trust that the House of Representatives will consider this submission expeditiously. Please accept, Rt. Honourable Speaker, the assurances of my highest regards.”