2024 Budget: Tinubu highlights job creation, security, defence, macro-economic stability as priorities

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During his address to a joint session of the National Assembly on the 2024 Federal budget proposal, President Bola Tinubu highlighted Nigeria’s priorities, including national defence, internal security, job creation, macro-economic stability, investment environment optimization, human capital development, poverty reduction, and social security.

He emphasized the need to overhaul the country’s internal security architecture to enhance law enforcement capabilities, safeguard lives, property, and investments across the nation.
The President also focused on human capital development, with particular attention given to children, as human capital remains the most critical resource for national development.
President Tinubu also mentioned that his administration will work closely with development partners and the private sector to ensure greater transparency, accountability, and value for money.
The government will implement a more sustainable model of funding tertiary education, including the Student Loan Scheme, which is scheduled to become operational by January 2024.

He also affirmed that his administration will continue to implement business and investment friendly measures for sustainable growth, with a focus on public-private partnerships to leverage private capital for big-ticket infrastructure projects in energy, transportation, and other sectors.
President Tinubu is committed to Nigeria’s energy transition and a greener future, and he has directed relevant government agencies to secure substantial funding commitments that will bolster Nigeria’s energy transition.
This is the first national budget Tinubu will present to the parliament since he assumed office as President.
Tinubu arrived in the House of Representatives chamber where the budget presentation tool place at about 11.10am.
He was accompanied by retinue of aides and ministers.
The president presented the N27.5 trillion budget to the joint session of the National Assembly presided over by Senate President Godswill Akpabio.

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