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inubu presents N27.5 trillion 2024 budget to NASS, targets N18.32 trillion revenue growth

President BOLA TINUBU has presented the 2024 budget estimates of 27.5 trillion naira to the National Assembly.


The President, during his first budget presentation before the joint session of the National Assembly, said the proposed budget prioritises human capital development, with particular attention given to children because human capital remains the most critical resource for national development.


Labelled the ‘Budget of Renewed Hope’, the President said it will ensure micro-economic stability, poverty reduction, and greater access to social security, amongst others.


He highlighted priority areas such as security, local job creation, macroeconomic stability, investment environment optimization, human capital development, poverty reduction, and social security.


He also said Public Private Partnerships would be explored to fund the budget.


He charged both arms of the legislative arm to work diligently and conclude with reasonable dispatch, their deliberations on the 2024 budget estimates.

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