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President Bola Ahmed Tinubu on Wednesday unveiled the proposed ₦47.9 trillion 2025 national budget, prioritizing security and defence, infrastructure, health, and education in his address to a joint session of the National Assembly.
Tinubu, who was accompanied by top government officials, including the Secretary to the Government of the Federation, George Akume, and the Chief of Staff, Femi Gbajabiamila, presented the budget in the Green Chamber of the National Assembly.
The presentation, initially scheduled for Tuesday, was postponed to Wednesday following deliberations at the Federal Executive Council (FEC) meeting on Monday at the Presidential Villa in Abuja.
“It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Resurrection Budget’ security peace, building prosperity,” Tinubu said as he concluded his speech at 1:10pm on Wednesday.
Earlier in his presentation, the President listed some of the highlights of the budget as defence and security – N4.91tn, infrastructure – ₦4.06tn, health – ₦2.4tn, education – ₦3.5tn, among others.
He stressed that food security is non-negotiable, adding that the government is taking steps to ensure Nigerians feed and not go to bed hungry.
Tinubu said, “Our 2025 is not just another statement of projected government revenue and expenditure; it is one that calls for action.
“Our nation faces existential threat from corruption and insecurity…These challenges are surmountable when we work collaboratively. We must re-write the narrative of this nation.
“The time for lamentation is over. The time to act is act is now.”