On Wednesday, President Bola Tinubu announced that the administration has allocated N4.91tn for defence and security in the 2025 fiscal year.
Additionally, Infrastructure will receive N4.06tn, Health will be allocated N2.48tn, and Education will get N3.5tn.
Tinubu made the announcement during the presentation of the 2025 Appropriation Bill to a joint session of the 10th National Assembly in Abuja.
The Appropriation Bill is titled “The Restoration Budget: Securing Peace, Building Prosperity.”
He explained, “The highlight of the 2025 budget allocations: Defense and security, N4.91tn. Infrastructure, N4.06tn. Health, N2.48tn. Education, N3.5tn.
“As we embark on implementing the 2025 budget, our steps are deliberate, our decisions resolute, and our priorities are clear. This budget reflects a renewed commitment to strengthening the foundation of a robust economy.
“While addressing the critical sectors essential for the growth and development, we envision to secure our nation. Security is the foundation of all progress. We have significantly increased the funding for the military, paramilitary and our police forces to secure the nation, protect our borders and consolidate government control over every inch of our national territory.”
Tinubu emphasized that the government will persist in equipping security forces with the modern tools and technology necessary to “keep us safe.” He stated that boosting the morale of the men and women in the armed forces will remain a top priority for the administration. “The officers, men, and women of our Armed Forces and the Nigerian Police Force are the protectors of our nation. Our administration will continue to empower them to overcome insurgency, banditry, and any threats to our sovereignty.”