APPROPRIATION ACT, 2025

1 The Accountant-General of the Federation shall, when authorised to do so by warrants signed by the Minister charged with responsibility for finance, pay out of the Consolidated Revenue Fund of the Federation during the year ending on the 31st day of December 2025, the sums specified by the warrants, not exceeding in the aggregate N54,990,165,355,396 (fifty-four trillion, nine hundred and ninety billion, one hundred and sixty-five million, three hundred and fifty-five thousand, three hundred and ninety-six Naira) only, for the year ending on the 31st day of December, 2025.

2 The amount mentioned in subsection (1) shall be appropriated to heads of expenditure as indicated in the First Schedule to this Act.
[First Schedule ]

3 No part of the amount aforesaid shall be released from the Consolidated Revenue Fund of the Federation after the end of the year mentioned in subsection (1).

All amounts appropriated under this Act shall be released from the Consolidated Revenue Fund of the Federation only for the purpose specified in the Schedules to this Act.

In the event that the implementation of any of the projects intended to be undertaken under this Act cannot be completed without virement, such virement shall only be effected with the prior approval of the National Assembly.

Any error in the Schedule to this Act that may hinder the implementation of projects and programs in Ministries, Departments and Agencies may be corrected through a corrigendum issued by the National Assembly in any of the following circumstances
a if the total sum of the project or program is not affected;
b where the projects or programs are domiciled in ministries, departments and agencies that lack jurisdiction to execute such projects;
c where the execution of projects or programs by ministries, departments and agencies are overtaken by event; or
d where projects are wrongly costed, sited or posted to ministries, departments or agencies.

1 The Accountant-General of the Federation shall immediately upon the coming into effect of this Act maintain a separate record for the documentation of revenue accruing to the Consolidated Revenue Fund in excess of oil price benchmark adopted in this Budget.

2 Such revenues as specified in subsection (1) refers to revenues accruing from sales of government crude oil in excess of the approved benchmark price per barrel, the Petroleum Profit Tax and Royalty on Oil and Gas.

1 No funds shall be paid out of the monies arising from the record specified in section 5 (1) except by an Act or approval of the National Assembly.

2 The Accountant-General of the Federation shall forward to the National Assembly full details of funds released to the government agencies immediately such funds are released.

The Minister of Finance shall ensure that funds appropriated under this Act are released to the appropriate agencies and or organs of government as and when due, provided that no funds for any quarter of the fiscal year shall be deferred without prior waiver from the National Assembly.

The department of government charged with the responsibility of certifying that due Processes have been complied with in the processing of implementation of projects shall ensure that all processes of approval are completed Within the Specified Period as provided for in the Public Procurement Act.
[Act No. 14, 2007]

All accounting officers of ministries, parastatals and departments of Government who control heads of expenditures shall upon the coming into effect of this Act furnish the National Assembly on quarterly basis with detailed information on -
a the internally generated revenue of the agency in any form; and
b all foreign and domestic assistance received from any agency, person or organisation in any form.

The Missions and Embassies shall constitute their Tenders Board as in a parastatal's Tenders Board (PTB) within the requisite threshold in compliance with the extant Executive Circular and the provisions of the Public Procurement Act.
[Act No.14, 2007]

The detailed estimates of expenditure are set out in the Second Schedule to this Act.
[Second Schedule]

In accordance with the provisions of section 318 of the Constitution of the Federal Republic of Nigeria,1999, this Act expires after 12 months, starting from 1st day of January to 31st day of December, 2025 when assented to.
[Cap. C23 LFN, 2004]

This Act may be cited as the Appropriation Act, 2025.