An examination of President Bola Tinubu’s Appropriation Bill shows that at least ten federal ministries and organizations earned allocations over N1 trillion each in the 2025 budget. Police Affairs, Interior, Defense, Finance, Power, Works, Budget and Economic Planning, Niger Delta, Education, and Health are some of these ministries. With the largest allocation of N17.52 trillion, mostly for salary payments, the Ministry of Finance saw an 87.78% rise over the N9.33 trillion received the year before.
The Ministry of Budget and Economic Planning came next with N6.78 trillion, up 52.35%, and Defense received N2.92 trillion, up 84.81%. Other notable increases include the Ministry of Power, which increased 510.46% to N2.1 trillion from N344 billion, and the Ministry of Interior, which increased to N1.13 trillion from N461 billion in 2024. In the meantime, N1.14 trillion went to the Ministry of Works, N2.52 trillion to Education, N1.91 trillion to Health, and N2.23 trillion to the Niger Delta.
Last Thursday, the N49.7 trillion “Restoration” budget was approved by the Senate and House of Representatives for a second reading. While discussing the general concepts of the budget, lawmakers praised the President’s ambition for national progress. After a voice vote, Senate President Godswill Akpabio then sent the bill to the Committee on Appropriations.
According to the 2025 budget, N34.82 trillion will be collected to cover N47.9 trillion in expenses, leaving N13 trillion in deficit. Lawmakers have voiced hope that the budget will be able to address important areas and promote national development.