PDP Rejects Tinubu’s N47.9TN Budget as 'Anti-People, Hopeless', Tells National Assembly What to Do
- The PDP has raised concerns over the perceived lack of transparency in President Bola Tinubu's N47.9 trillion budget
- The party, in a statement this week, called on the National Assembly to protect Nigerians and rejig some provisions
- The PDP emphasised the budget's so-called failure to invest in agriculture, food production, and the energy sector
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Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.
The Peoples Democratic Party (PDP) has described the N47.9 trillion 2025 federal budget estimate presented by President Bola Ahmed Tinubu to the National Assembly on Wednesday, December 18, as 'anti-people'.
Source: Twitter
The opposition party noted the budget's failure to provide substantial investments in critical sectors like agriculture, food production, electricity, and SMEs, which are vital to the national economy.
The party asserted that the 2025 budget further confirmed the insensitivity of the Tinubu-led All Progressives Congress (APC) administration towards the plight of Nigerians.
2025 budget: PDP sends message to NASS
The PDP urged the National Assembly to reject the budget and revise it to ensure better provisions for the welfare of Nigerians, especially in light of the country's economic challenges.
According to the party, if the budget is implemented as presented, it would plunge the nation deeper into the abyss of insecurity, poverty, and hopelessness.
This was made known in a statement signed by Hon. Debo Ologunagba, national publicity secretary, shared on its website on X on Wednesday.
"The @OfficialPDPNig describes the N47.9 trillion 2025 federal budget estimates as presented by President @officialABAT to the @nassnigeria today as anti-people, which if implemented as presented will plunge the nation deeper into the abyss of insecurity, poverty and hopelessness."
The statement claimed the President had 'dashed the hope of millions of suffering Nigerians' and noted that he had been expected to make provisions to ensure reductions in fuel costs, food costs, electricity tariffs, and essential goods and services.
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Tinubu projects new naira exchange, inflation rates in 2025 -“time for Lamentation is over”
"The PDP therefore calls on the National Assembly not to pass the 2025 budget as presented but activate its legislative powers as guaranteed under Sections 80, 81 and 82 of the 1999 Constitution to rejig the budget and make provisions that are critical and pivotal to the growth of the economy and the welfare of Nigerians."
Read more related news about Tinubu's budget:
- “You’re all re-elected”: Tinubu tells NASS lawmakers during 2025 budget presentation, video trends
- Foreign exchange: Tinubu sets N1,500/dollar rate In 2025 budget, gives reason
- Tinubu projects new naira exchange, inflation rates in 2025 - “Time for Lamentation is over”
Business owners to brace up for tougher challenges in 2025
Legit.ng previously reported that the Lagos State Chambers of Commerce warned business owners to brace themselves.
The chamber said it expected a more hawkish CBN monetary policy in 2025 due to the continuous rise in inflation rates.
The LCCI further called on the government to increase oil production and regulatory support as a way to stabilise the naira.
Proofreading by Nkem Ikeke, journalist and copy editor at Legit.ng.
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