The Federal Government’s 2025 budget has drawn criticism from former Vice President Atiku Abubakar, who sees the 30% budgetary allotment to bureaucracy as evidence of fiscal irresponsibility. According to Atiku, high government overhead spending is a sign of misaligned goals and a lack of discipline.
Atiku claims that these distributions take funds away from vital areas like infrastructure development, healthcare, and education. He called on the government to take action to cut waste, simplify the civil service, and reroute funding to initiatives that have a direct influence on the lives of individuals.
Economists have warned that the existing form of the 2025 budget could impede economic growth, sparking intense discussion. Critics contend that in order to address inefficiencies and concentrate on investments that will increase production, Nigeria has to enact drastic reforms.
Atiku’s remarks emphasise how urgent it is to reconsider Nigeria’s fiscal policy in order to solve the country’s urgent socioeconomic issues and promote sustainable growth.
