The Peoples Democratic Party (PDP) has described the N47.9 trillion 2025 federal budget estimates as presented by President Bola Tinubu to the National Assembly today as anti-people, which if implemented as presented will plunge the nation deeper into the abyss of insecurity, poverty and hopelessness.
This position is contained in a statement issued on Wednesday by Hon. Debo Ologunagba, the party’s National Publicity Secretary.
The Party asserted that the budget as presented further confirms the insensitivity of the Tinubu-led All Progressives Congress (APC) administration towards the plight of Nigerians as it made no meaningful provisions and investments for critical productive sectors of agriculture and food production, electricity, petroleum and gas, Small and Medium Scale Enterprises, which are the real drivers of the national economy.
The PDP stated that the budget address sounded more like a campaign rhetoric laced with unsubstantiated economic statistics, false promises and conjured performance claims without clear-cut operable steps and mechanisms to address insecurity, resuscitate the economy, revamp ailing industries, shore up food production, increase the value of the Naira, reduce overall cost of living, create jobs for our youths and guarantee better living standard for citizens.
The main opposition added: “President Tinubu dashed the hope of millions of suffering Nigerians who expected him to use the 2025 budget to make strategic provisions that will lead to the reduction in the cost of fuel, food items, electricity tariff and other essential goods and services that have direct bearing on the wellbeing of the people.”
The PDP said it was dismayed that instead, the budget speech was an assault on the sensibility of Nigerians when Mr. President claimed that the 2024 budget recorded a bogus 85% performance without a breakdown of the components.
