President Bola Tinubu has presented the 2025 budget to the National Assembly, dubbing it the "Budget of Restoration."
The proposed budget stands at a whopping N47.9 trillion, with a focus on restoring macroeconomic stability, enhancing the business environment, and fostering inclusive growth, employment, and poverty reduction
The budget allocates significant funds to various sectors, including:
- Defence and Security
- N4.91 trillion
- Infrastructure.N4.06 trillion
- Health N2.48 trillion
- Education N3.52 trillion
Tinubu emphasized that the budget is aimed at securing peace, rebuilding prosperity, and restoring hope to Nigerians.
He also highlighted the government's commitment to strengthening the economy, improving lives, and repositioning the country for greater performance ¹.
The budget proposal has received mixed reactions from Nigerians, with some expressing optimism about the potential benefits, while others have raised concerns about the feasibility of the proposed allocations and the potential impact on the country's debt profile
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