Politics

Tinubu presents 2025 budget, says time for lamentation over

President Bola Tinubu has reassured Nigerians of the administration’s commitment to tackling the various challenges bewildering the country, saying the “time for lamentation is over”.

Tinubu made the declaration while presenting the N47.9 trillion 2025 budget to the National Assembly in Abuja on Wednesday, December 18, 2024.

The president said: “The time for lamentation is over. The time to act is now.

“A time to support and promote greater investment in the private sector. A time for our civil servants to faithfully execute our policies and programmes. It is a time for every Nigerian to look hopefully towards a brighter future because a new day has dawned for us as a nation.

“As your president, I remain committed and resolute to continue to lead the charge.

“This 2025 budget proposal lays the foundation for peace, prosperity, and much-needed hope. It is the plan through which a Nigeria where every citizen can dream, work, and thrive in safety can be achieved.”

Tinubu also described the 2025 appropriation bill as a budget of restoration, saying: “The 2025 budget that I present today at the joint session of the National Assembly is one of restoration.

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“It seeks to consolidate the key policies we have instituted to restructure our economy, boost human capital development, increase the volume of trade and investments, bolster oil and gas production, get our manufacturing sector humming again and ultimately increase the competitiveness of our economy.

“The journey of economic renewal and institutional development, which we began 18 months ago as a nation, is very much underway.

“It is not a journey of our choosing but one we had to embark on for Nigeria to have a real chance at greatness. I thank every Nigerian for embarking on this journey of reforms and transformation with us.

“The 2025 budget proposal again reinforces our administration’s roadmap to secure peace, prosperity, and hope for a greater future for our beloved nation.

“This budget christened, ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity’, strikes at the very core of our Renewed Hope Agenda and demonstrates our commitment to stabilising the economy, improving lives, and repositioning our country for greater performance.”

The Star

Segun Ojo

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