The Federal Government has highlighted security as a primary objective in its 2025 budget, aiming to create a conducive environment for capital accumulation across the nation. This was announced by Mr. Tanimu Yakubu, the Director-General of the Budget Office of the Federation, during a meeting in Abuja focused on preparing the 2025 budget using the Government Integrated Financial Management Information System Budget Preparation Sub-System (GIFMIS/BPS).
Yakubu emphasized the need for improved quality in the national budget, acknowledging longstanding concerns regarding the relevance, execution, and effectiveness of budgetary proposals. He stated, “Today’s training offers a critical opportunity for all ministries, departments, and agencies (MDAs) to reflect on their roles in the budget process. Together, we can ensure that our budget proposals for 2025 are not only robust and focused but also aligned with our national priorities.”
He urged MDAs to remain committed to their mandates and emphasized the importance of coherent and purpose-driven executive budget proposals. Yakubu reiterated that prioritizing security is essential to foster capital accumulation, meet investor expectations, and empower citizens through the effective mobilization and deployment of development resources.
Since assuming office in June, Yakubu has encountered both challenges and opportunities in managing the nation’s fiscal resources. He concluded that the ongoing training is a crucial step toward aligning the 2025 budget with the expectations of the Nigerian people, reinforcing the government’s commitment to delivering a budget that genuinely addresses their needs while maintaining strict fiscal discipline.