The Nigerian government has unveiled its largest national budget in 65 years, a record-breaking ₦54.99 trillion, representing a 56.89 percent increase from the ₦35.05 trillion budgeted in 2024 (including a supplementary ₦6.2 trillion).
President Bola Tinubu describes it as the “Budget of Restoration,” aimed at stabilising the economy and driving growth.
The blueprint boasts ambitious spending on infrastructure, security, and social programmes. But with a history of revenue shortfalls and debt dependency, can the government truly finance these plans?