By Abaire Olanlesi
Stakeholders in Nigeria’s economy are divided over the Federal Government’s decision to raise the 2025 budget from N49.7 trillion to N54.2 trillion.
President Bola Tinubu formally communicated the adjustment—driven by increased revenue from key government agencies—in letters read on the Senate floor Wednesday.
Initially presented in November as the ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity,’ the proposal is yet to be passed.
The revision has sparked debates on its potential economic impact.