Senate Approves 2025-2027 MTEF/FSP with ₦47.9 Trillion Spending, ₦9.22 Trillion Borrowing Plan
The Nigerian Senate has passed the 2025 – 2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for implementation by the Federal Government. The Red Chamber approved the expenditure framework with a total spending of ₦47.9 trillion and a new borrowing plan of ₦9.22 trillion which includes both domestic and foreign borrowings. The passage…

