President Bola Ahmed Tinubu on Wednesday in Abuja, presented the 2025 budget to a joint session of the National Assembly.
The President, during the presentation of N49.7 trillion 2025 appropriation Bill assured Nigerians of better days ahead as economic reforms begin to yield positive results, with noticeable signals in improved security, education, health care.
The President projected an expenditure bill of N49.7trillion, which is 35 per cent higher than the N28 trillion budget of 2024, with priority on education, healthcare and security.
President Tinubu said the 2025 budget will focus on restoration, securing peace and rebuilding prosperity, which reflects the core vision of the Renewed Hope Agenda of improving the livelihood of Nigerians through the strengthening of social and physical infrastructure, and ensuring inclusivity in reaching development goals.
“The 2025 Budget Proposal again reinforces our administration’s roadmap to secure peace, prosperity, and hope for a greater future for our beloved nation. This budget christened, “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” strikes at the very core of our Renewed Hope Agenda and demonstrates our commitment to stabilizing the economy, improving lives, and repositioning our country for greater performance.
“The journey of economic renewal and institutional development, which we began 18 months ago as a nation, is very much underway. It is not a journey of our choosing but one we had to embark on for Nigeria to have a real chance at greatness. I thank every Nigerian for embarking on this journey of REFORMS and TRANSFORMATION with us.
“The road of reforms is now clearly upon us, and as the President of this blessed nation, I know this less-travelled road has not been easy. That there have been difficulties and sacrifices. They will not be in vain. And we must keep faith with the process to arrive at our collectively desired destination,’’ he said.
