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Nigeria News

Minister Describes 2025 Budget As “National Prosperity” While Economy Dwindles

Princely Onyenwe
Last updated: March 5, 2025 9:03 am
By Princely Onyenwe
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It is no longer news that the state of economy in Nigeria has continued to dwindle inspite several efforts put in place by President Tinubu’s administration to work on improving the harsh economic status hammering hard on Nigerians.

Prices of goods and services, market products and petroleum products have continued to go higher at the detriment of the masses. The situation is no longer funny, alot of promises by government are not met to helping the people to survive the economic meltdown.

Citizens are furious for survival because some persons that spoke to 9News Nigeria across the states decried delay of policies of government and its makers.

Tuesday, the Minister of Information and National Orientation, Mohammed Idris, came to describe the 2025 budget, recently signed into law by President Tinubu, as a strategic roadmap for economic resilience, social stability, and national progress.

Nigerians are affected by the shake in Economy while national budget is described as a national prosperity and progress to the people. It is expected therefore to make balance of federal character policy and provide the needed demands of commoners who dominates the greater percentage of the census.

The Minister, at the 2025 Third Edition of the Ministerial Press Briefing Session held on Tuesday at the National Press Centre, Abuja, said this year’s budget places a renewed focus on investment in critical sectors that directly impact the well-being and socio-economic development of the country.

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“The 2025 budget is not just a financial document; it is a bold statement of intent – a roadmap for economic resilience, social stability, and national progress.

The budget has demonstrated a renewed focus on security, infrastructure, education, health, solid minerals, agriculture, and other key areas that have a direct impact on the well-being and socio-economic development of the country.

“This year, 2025, is set to be the year of consolidation – a year where all the transformative reforms initiated by President Tinubu’s administration begin to bear tangible fruits in the lives of Nigerians.

The Third Edition of the Ministerial Briefing Session haven featured the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole and the Minister of State, Senator John Owan Enoh, the Information Minister asserted that already, the country is witnessing a gradual reduction in the prices of foodstuffs, which is bringing much-needed relief to the people,” he said.

He also reaffirmed the government’s determination to ensure efficient budget implementation, transparency, and accountability in delivering the promises of the Renewed Hope Agenda of President Tinubu.

“Let me give the assurances that the Federal government remains committed to the efficient implementation of this budget in order to maximize its full impact on the lives of our citizens. I therefore call on all Nigerians to support these efforts and join hands in building a prosperous and united Nigeria,” he said.

The Minister thanked the media for their dedicated coverage of the Press Briefing Session, acknowledging their crucial role in disseminating factual, balanced, and development-focused reports.

On this particular point, selected media houses are only recognized relegating other affiliate freelance reporters to the background. Here, government can find a lasting solution to make a balance.

In furtherance, the Minister emphasized that the efforts of the media are essential in consolidating the gains of the nation’s democracy and ensuring that Nigerians are well-informed about the transformative strides being made across various sectors.

Idris said democracy only thrives on informed discourse, constructive engagement, and a shared commitment to national progress, hence the role of the media becomes invaluable in strengthening the country’s democracy by promoting public participation in governance.

“In an era where misinformation and sensationalism can easily distort public perception, your commitment to truth and fairness is more important than ever. We must work together to ensure that the narratives shaping public discourse reflect the realities of governance, devoid of bias or undue sensationalism,” he said.

Minister therefore urged the media to uphold the highest standards of accuracy, responsibility, and professionalism in their reports.

-Princely Onyenwe reporting

For inquiries on this news contact 9News Nigeria @08036856526

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Princely Onyenwe
Princely Onyenwe A seasoned Investigative Journalist, Civil Rights Activist, and Political Analyst, Currently Editor and News reporter with 9News Nigeria www.9newsng.com www.facebook.com/9newsng
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