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Reps ready to back Tinubu’s resolve on dividends of democracy

Reps ready to back Tinubu’s resolve on dividends of democracy

The House of Representatives has expressed its readiness to assist the president in delivering the dividends of democracy to Nigerians

Speaking with reporters in Abuja, Deputy Spokesman of the House, Phillip Agbese said as part of the resolve of the parliament, it will diligently study the budget as presented by the President for 2025, including the recent increase. 

Agbese justified the President’s request for many upward review of the budget from N49.7tn to N54.2tn, saying the development is driven by additional revenue from key government agencies.

He said: “The House of Representatives welcomes the President’s proposal to revise the 2025 budget, which seeks to increase the allocation to ₦54.2tn.This bold move, driven by additional revenue from key government agencies, demonstrates the administration’s commitment to revitalising the economy and improving the lives of Nigerians.”

He noted that the focus on critical sectors particularly agriculture, will play a key role in the nation’s march to food security. 

“As we delve into the details of the proposal, we’re particularly encouraged by the focus on strategic sectors, such as agriculture, which will receive a significant boost through the injection of funds into the Bank of Agriculture. This initiative has the potential to empower our farmers, stimulate rural development, and enhance food security.

“We also noted the proposal’s emphasis on enhancing national security, particularly the construction of barracks for our troops. This investment in our military’s welfare and infrastructure attests to the administration’s dedication to protecting our nation and its citizens, ” he added.

He assured Nigerians that the 10th House will go the whole distance to ensure a value-for money budget is implemented in the 2025 fiscal year. 

“As we begin our scrutiny of the proposal, we’ll continue to be guided by our commitment to ensuring that every naira is allocated efficiently, effectively, and in the best interests of Nigerians,” Agbese assured.

The two chambers of the National Assembly are expected to debate the budget estimates in the weeks ahead preparatory to its passage before the end of the month.


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