Former Vice President Atiku Abubakar has criticized the proposed 2025 budget, saying it is inadequate to address Nigeria’s structural challenges.
In a statement on Sunday, Atiku noted that the N48 trillion budget, with a revenue forecast of N35 trillion and a deficit exceeding N13 trillion, represents a continuation of “business-as-usual fiscal practices” by the APC-led administration.
The 2025 budget proposes over N13 trillion in new borrowings, including N9 trillion in direct borrowing and N4 trillion in project-specific loans.