Strategic Allocation Of Resources: Uzoka-Anite Outlines Goals For Nigeria’s 2025 Budget

Discover how Nigeria’s Federal Ministry of Finance plans to strategically allocate resources through the 2025 budget, focusing on economic growth, infrastructure, and fiscal sustainability under Dr. Doris Uzoka-Anite’s leadership.

The Federal Ministry of Finance has vowed to ensure prudent resource allocation and effective financial management to drive national growth and prosperity. Dr. Doris Uzoka-Anite, the Minister of State for Finance, made this commitment during her presentation of the 2025 budget to the House of Representatives in Abuja.

In a statement issued by Mr. Mohammed Manga, the ministry’s Director of Information and Public Relations, Dr. Uzoka-Anite emphasized the ministry’s strategic focus on aligning the 2025 budget with national development priorities, including economic growth, infrastructure improvement, and sustainable fiscal policies.

2025 Budget: A Vision for National Growth

Dr. Uzoka-Anite described the 2025 budget as a blueprint for advancing Nigeria’s economic goals, highlighting its alignment with the Renewed Hope Agenda championed by President Bola Ahmed Tinubu. The proposed budget targets:

Economic Development: Fostering a robust and inclusive economy.
Infrastructure Enhancement: Addressing critical gaps to promote growth and connectivity.
Fiscal Sustainability: Adopting efficient practices to ensure long-term financial stability.

Representing the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, Dr. Uzoka-Anite underscored the ministry’s role in shaping sound fiscal policies and advancing economic growth for the benefit of all Nigerians.

Commitment to Operational Excellence

Dr. Uzoka-Anite assured lawmakers that the ministry remains steadfast in its mission to build a stable and resilient economy. Accompanied by Mrs. Lydia Shehu Jafiya, the Permanent Secretary of the Federal Ministry of Finance, she reaffirmed the ministry’s dedication to achieving the government’s objectives.

Mrs. Jafiya presented an overview of the 2024 budget performance, revealing that funds were largely allocated to overheads, personnel, and limited capital projects. She further outlined plans for the 2025 budget, which includes provisions to address critical needs and enhance the ministry’s operational efficiency.

Infrastructure Upgrades and Efficiency Goals

Mrs. Jafiya highlighted the importance of additional resources to upgrade the ministry’s headquarters, emphasizing that a conducive working environment is essential for improved service delivery and productivity.

Lawmakers’ Response

Honourable James Faleke, Chairman of the House Committee, assured that the committee would thoroughly review the 2025 budget proposal. He promised to provide feedback that aligns with national interests.

Key Takeaways

The Federal Ministry of Finance’s commitment to strategic resource allocation reflects its vision of fostering sustainable growth and enhancing the quality of life for millions of Nigerians. Through a well-structured and goal-oriented 2025 budget, the ministry aims to steer the nation toward greater economic stability and prosperity.