House of Representatives member Wole Oke critiques Nigeria's 2025 budget of N47.90 trillion, calling it grossly inadequate. He urges the federal government to block financial leakages and consider taking loans to address critical national needs.
A member of the Nigerian House of Representatives, Wole Oke, has criticized the federal government’s 2025 budget proposal of N47.90 trillion, calling it “grossly inadequate.” During a speech, Oke stated that the figure is merely the cost of a single pipeline project and does not address the country’s growing needs. He urged the government to close financial leakages and consider taking more loans to meet the country’s financial requirements.
Oke’s comments came amidst ongoing discussions about the national budget for 2025. He emphasized that significant reforms are necessary to ensure that the federal government allocates enough resources to key sectors like infrastructure, health, and education. According to Oke, the government must address inefficiencies in public spending to avoid future shortfalls.
