The Coalition of United Political Parties, the Peoples Democratic Party, and the New Nigeria Peoples Party have criticised President Bola Tinubu’s proposed 2025 budget of ₦47.9 trillion, expressing doubts about its feasibility and potential to address Nigeria’s economic challenges.
According to The PUNCH, President Tinubu presented the budget to a joint session of the National Assembly on Wednesday, emphasising its focus on economic recovery and development.
However, opposition parties have flagged various concerns.
The CUPP National Secretary, Peter Ahmeh, highlighted instances of budget duplication and mismanagement, claiming that previous APC-led budgets had not translated into meaningful development.
“Every year, the budget increases, but so does poverty. Resources are being mismanaged, roads are deteriorating, and government expenses are skyrocketing. Without proper reviews and effective implementation, this budget will yield little to no development,” Ahmeh stated.
He also questioned the impact of previous budgets, citing unfulfilled promises and increasing hardships for Nigerians.
The NNPP National Publicity Secretary, Ladipo Johnson, described the budget’s inflation and exchange rate targets as overly optimistic.
