Tinubu 2025 budget increase Nigeria budget revision 2025 House of Reps approves budget Agriculture funding in Nigeria 2025
in

📢 Reps Back Tinubu’s Revised N54.2tn 2025 Budget – Here’s What It Means! 💰

The House of Representatives has thrown its weight behind President Bola Tinubu’s proposal to increase Nigeria’s 2025 budget from ₦49.7 trillion to ₦54.2 trillion. This bold revision is fueled by additional revenue generated by key government agencies.

💰 Where’s the Extra Money Coming From?

According to Tinubu’s proposal, the increased budget is backed by: ✅ ₦1.4 trillion from the Federal Inland Revenue Service (FIRS) ✅ ₦1.2 trillion from the Nigeria Customs Service (NCS) ✅ ₦1.8 trillion from other government-owned agencies

📢 House of Reps Reacts

Addressing journalists in Abuja, House Deputy Spokesman, Hon. Philip Agbese, reaffirmed the legislature’s commitment to supporting the President’s economic vision.

💬 “The House of Representatives welcomes the President’s proposal to revise the 2025 budget. This bold move, driven by additional revenue, demonstrates the administration’s commitment to revitalizing the economy and improving the lives of Nigerians.”

🌱 A Strong Focus on Agriculture & Food Security

The proposed budget prioritizes agriculture, with significant funding directed toward the Bank of Agriculture. Agbese noted that this move is aimed at empowering farmers, stimulating rural development, and enhancing food security.

🔐 National Security Takes Center Stage

Another key aspect of the budget is the construction of new barracks for military personnel. Agbese emphasized that investing in security infrastructure is a testament to Tinubu’s dedication to protecting citizens and ensuring stability across the nation.

🔍 What’s Next?

The National Assembly is set to begin budget debates in the coming weeks, with an expected passage before the end of the month.

📢 Your Thoughts?

Do you think this budget increase will effectively tackle Nigeria’s economic and security challenges? Share your views below! 👇

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

Trump foreign policy controversy Lula da Silva criticizes Trump U.S. global intervention debate Trump Gaza relocation backlash

Brazilian President Slams Trump: ‘Elected to Govern, Not Rule the World

Priscilla Ojo wedding Iyabo Ojo’s daughter marriage Juma Jux and Priscilla Ojo Nollywood celebrity wedding

Mercy Aigbe & Toyin Abraham Celebrate Iyabo Ojo’s Daughter’s Glamorous Wedding to Juma Jux 💍🎉