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PDP Urges National Assembly to Reject Tinubu’s “Anti-People” 2025 Budget

The Peoples Democratic Party (PDP) has called on the National Assembly to reject the proposed 2025 budget, describing it as “anti-people” and lacking meaningful provisions for Nigeria’s economic recovery.

In a statement on Wednesday, Debo Ologunagba, the party’s spokesperson, criticized President Bola Tinubu’s N49.7 trillion budget proposal, presented under the theme Budget of Restoration: Securing Peace and Rebuilding Prosperity.

Ologunagba dismissed the president’s budget address as “campaign rhetoric” filled with “unsubstantiated economic statistics” and “false promises” that fail to address critical economic and social challenges.

He noted that the budget, which includes N15.81 trillion for debt servicing, projects a decline in inflation from 34.6% to 15% and an exchange rate improvement from N1,700/$ to N1,500/$. However, Ologunagba claimed these projections lack tangible investment in the productive sectors needed to drive real economic growth.

“President Tinubu dashed the hope of millions of suffering Nigerians who expected him to use the 2025 budget to make strategic provisions for reducing the cost of fuel, food, electricity, and other essential goods and services,” Ologunagba said.

The PDP argued that the president’s claim of 85% budget performance in 2024 was “bogus” and lacked transparency, while his assertion of economic improvement under his leadership contradicted official figures showing rising poverty, unemployment, and inflation.

The party urged the National Assembly to leverage its constitutional powers to overhaul the budget and include provisions that would address insecurity, revive industries, create jobs, stabilize the naira, and reduce the cost of living for Nigerians.

“The PDP calls on the National Assembly not to pass the 2025 budget as presented but to rejig it to focus on the growth of the economy and the welfare of Nigerians,” the statement concluded.

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