The Coalition of United Political Parties (CUPP) has called on President Bola Tinubu’s administration to ensure the 2025 national budget aligns with Nigeria’s development priorities.
In a statement issued by its Secretary, Peter Ameh, CUPP emphasized the need for resource allocation to maximize impact and drive meaningful progress.
“The success of the 2025 budget will depend on the government’s ability to implement its priorities effectively and efficiently,” the statement read.
The 2025 budget, valued at ₦49 trillion, has sparked concerns regarding the nation’s capacity to achieve sustainable development.
According to CUPP, ₦16 trillion—approximately 32% of the total budget—has been earmarked for debt servicing, leaving ₦33 trillion for other expenditures.
Of this, ₦14.2 trillion is allocated for recurrent expenses, while ₦13 trillion is set aside for capital projects.
CUPP questioned the government’s priorities, stating that the significant allocation for debt servicing suggests that a substantial portion of revenue will go toward repaying debts rather than addressing critical sectors such as education, healthcare, and infrastructure.
The group also highlighted the poor performance of the previous budget, citing the Minister of Finance’s disclosure that capital budget implementation for 2024 stood at just 25%.
“This underperformance raises concerns about the government’s ability to execute its budget and drive economic growth,” the statement added.
CUPP expressed further concerns over the recurrent expenses, which account for roughly 29% of the budget.
The group noted that while these costs—related to government operations, salaries, and administrative functions—are necessary, they do not significantly contribute to economic growth or development.
On the allocation for capital projects, CUPP observed that ₦13 trillion, representing 26% of the total budget, may be insufficient to address Nigeria’s pressing infrastructure deficits and other developmental challenges.
“Nigeria’s infrastructure needs are significant, and the allocation for capital projects may not be enough to make a meaningful impact,” the statement concluded.
The group urged the government to prioritize effective implementation of the budget to ensure economic growth and development in 2025.
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