BREAKING: Tinubu Proposes N47.9trn 2025 Budget, Details Emerge
- President Bola Tinubu-led federal government has proposed a N47.9 trillion budget for 2025 as the year 2024 gets closer to the end
- The 2025 budget was proposed at the FEC meeting on Thursday, November 14, which was presided over by President Tinubu
- The budget is expected to shape the economic trajectory of the country as many Nigerians look forward to a relieve
The federal government has proposed a whopping N47.9 trillion budget for 2025, marking a significant development in the country's fiscal plans. The proposal is expected to shape the nation's economic trajectory in the coming year.
The proposal was made during the Federal Executive Council meeting, which President Bola Tinubu presided over on Thursday, November 14. Vice President Kashim Shettima, ministers, and other cabinet members attended the meeting.
Source: Twitter
What is Tinubu's 2025 budget?
Leadership reported that the proposed budget is part of the government's efforts to drive economic growth and development. While details of the budget allocation are still emerging, it's clear that the government is prioritizing strategic sectors to stimulate growth.
In related news, some state governments have also begun making budget proposals for 2025. For instance, Osun state Governor Ademola Adeleke presented a N390 billion budget to the State House of Assembly, highlighting the government's commitment to completing ongoing projects and improving healthcare access.
Similarly, Delta state has proposed a N936 billion budget for 2025, focusing on economic development and growth.
As the budget proposal unfolds, Nigerians will be watching closely to see how the government allocates resources to address pressing national challenges.
The minister of budget and economic planning, Sen. Abubakar Atiku Bagudu, has emphasized the need for support from institutions like the African Development Bank to implement economic reforms effectively.
How to defeat Tinubu in 2027 - Ayodele
Legit.ng earlier reported that Primate Elijah Ayodele predicted that President Bola Tinubu could only be defeated in one way in the 2027 presidential election.
In his latest prophecy, Ayodele said the only way out was for the PDP, Labour Party, and the NNPP to form a coalition against the president in the next general election.
The cleric's prophecy came amid the opposition's permutations to unseat President Tinubu in the 2027 election, and many of them announced their openness to a coalition.
Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng
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Source: Legit.ng
