President Bola Tinubu highlighted significant allocations for key sectors, including security and defence, infrastructure, health, and education in his budget presentation to amount session of the national assembly on Wednesday.
In the N47.9 trillion, budget proposal, President Tinubu named security and defence, infrastructure, health, and education among the key sectors.
The allocations include N4.91 trillion for defence and security, N4.06 trillion for infrastructure, N2.4 trillion for health, and N3.52 trillion for education, among others.
The President emphasized that food security is a top priority, assuring that the government is committed to ensuring that Nigerians have access to food and do not go to bed hungry.
“Our budgetary allocations underscore this administration’s strategic priorities, particularly in advancing the Renewed Hope Agenda and achieving its developmental objectives.
“As we embark on implementing the 2025 Budget, our steps are deliberate, our decisions resolute, and our priorities are clear. This budget reflects a renewed commitment to strengthening the foundation of a robust economy, while addressing critical sectors essential for the growth and development we envision.
“Security is the foundation of all progress. We have significantly increased funding for the military, paramilitary, and police forces to secure the nation, protect our borders, and consolidate government control over every inch of our national territory.
“The government will continue to provide our security forces with the modern tools and technology they need to keep us safe. Boosting the morale of our men and women in the armed forces will remain our government’s top priority.”
Tinubu was joined at the presentation by the Secretary to the Government of the Federation (SGF), George Akume, Chief of Staff to the President, Femi Gbajabiamila, and other senior government officials.
The budget presentation, originally scheduled for Tuesday, was postponed to Wednesday following a meeting of the Federal Executive Council (FEC) at the Presidential Villa.
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