An analysis of the 2025 Appropriation Bill reveals that no fewer than 10 federal ministries and agencies have been allocated over ₦1 trillion each in the proposed budget presented to the National Assembly by President Bola Tinubu. These include the Ministries of Finance, Defence, Interior, Power, Works, Education, Health, Niger Delta, Police Affairs, and Budget and Economic Planning.
The Ministry of Finance leads with the highest allocation of ₦17.52 trillion, a significant 87.78% increase from its 2023 budget of ₦9.33 trillion. A substantial portion of this allocation is earmarked for salary payments.
The Ministry of Budget and Economic Planning follows with ₦6.78 trillion, reflecting a 52.35% rise (₦2.33 trillion) compared to its 2023 allocation.
The Ministry of Defence secured ₦2.92 trillion, marking an 84.81% increase (₦1.34 trillion), while the Ministry of Interior saw its budget more than double to ₦1.13 trillion from ₦461 billion in 2024.
Similarly, the Power Ministry received a dramatic 510.46% boost to ₦2.1 trillion, up from ₦344 billion, and the Ministry of Works was allocated ₦1.14 trillion, up from ₦657.23 billion in 2024.
Other significant allocations include ₦2.23 trillion for the Niger Delta Ministry, ₦2.52 trillion for Education, and ₦1.91 trillion for Health.
The ₦49.7 trillion “Restoration” 2025 budget has a revenue projection of ₦34.82 trillion to fund an aggregate expenditure of ₦47.9 trillion, leaving a deficit of ₦13 trillion.
Both the Senate and House of Representatives passed the budget for a second reading last Thursday, lauding the President’s vision for national development. Senate President Godswill Akpabio referred the bill to the Committee on Appropriations after a voice vote.
The deliberations underscore a commitment to funding critical sectors to foster growth and national restoration.
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