In a significant move, President Bola Tinubu has presented a comprehensive budget proposal for 2025, totaling a staggering N47.9 trillion. This monumental submission was made to a joint session of the National Assembly, comprising lawmakers from the House of Representatives and the Senate.
Accompanied by key government officials, including Secretary to the Government of the Federation George Akume and Chief of Staff Femi Gbajabiamila, President Tinubu outlined the administration’s fiscal plans for the upcoming year.
The proposed budget is a testament to the government’s commitment to driving economic growth, infrastructure development, and social welfare initiatives. However, it has also sparked intense debate among stakeholders, with some expressing concerns about the country’s rising debt profile and others questioning the feasibility of the proposed expenditures.
As the National Assembly begins to scrutinize the budget proposal, Nigerians eagerly await the outcome, hoping that the approved budget will bring about tangible benefits and improvements to their lives.