Debt Servicing, Salaries Account for N24.8 Trillion in the 2025 Budget
An analysis of the 2025 Appropriation Bill shows that the Federal Government plans to spend N8.52tn (inclusive of government enterprises) on personnel and pension costs for federal workers next year. This amount is an increase of N3.17tn or 59.16 percent from the 2024 provision of N5.35tn. The document also showed that government expenses on salaries…
