FG Assures Nigerians of Continued Economic Progress
By Patience Ikpeme
The federal government has expressed optimism that strategic resource allocation and prudent management will drive the nation’s development priorities and enhance economic prosperity.
During the Ministry of Finance’s 2025 Budget defence before the House of Representatives Committee on Finance, Minister of State for Finance, Dr. Doris Uzoka-Anite, emphasized that the 2025 budget is carefully aligned with national priorities, focusing on key areas such as economic development, infrastructure enhancement, and sustainable fiscal practices.
Representing Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, Dr. Uzoka-Anite reaffirmed the Ministry’s dedication to building a stable, resilient, and thriving economy in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Accompanied by Permanent Secretary of the Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya, and Ministry Directors, Dr. Uzoka-Anite assured the Committee that the Ministry will continue to ensure the realization of the government’s policy objectives to improve the lives of Nigerians.
Presenting a summary of the 2024 budget performance, Mrs. Jafiya explained that the Ministry’s 2024 budget has been largely utilized, primarily for overheads, personnel expenses, and limited capital projects.
The proposed 2025 budget includes provisions to address pressing needs and facilitate essential upgrades to the Ministry’s Headquarters, emphasizing the importance of a conducive working environment for enhancing operational efficiency and service delivery.
Following detailed deliberations, Committee Chairman, Honourable James Faleke, commended the Ministry’s team for their presentation and assured them that the Committee would carefully review the proposal and communicate its decisions in due course.
The session concluded with an acknowledgment of the Ministry’s pivotal role in driving fiscal stability and sustainable development for Nigeria’s future.
