President Tinubu Unveils N49.7 Trillion 2025 Budget Proposal
Автор: News Central TV
Загружено: 2024-12-19
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President Bola Tinubu has presented the 2025 budget proposal, totaling approximately N49.7 trillion, to a joint session of the National Assembly. Titled "Budget of Restoration: Securing Peace, Rebuilding Prosperity," the budget outlines an internally generated revenue target of around N34.82 trillion, with N15.81 trillion earmarked for debt servicing. Our correspondent, Idong Joseph, provides an in-depth report on the implications of this budget. We also feature insights from Oluseun Onigbinde, co-founder of BudgIT, as he evaluates the feasibility of the revenue projections and discusses the proposed exchange rate adjustments and the sustainability of Nigeria's debt amidst economic growth. A light-hearted moment occurred during the presentation when President Tinubu mistakenly referred to the current National Assembly as the 11th, bringing laughter to the session.
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