President Bola Tinubu on Wednesday, assured Nigerians that the recovery from economic challenges has come.
Tinubu gave this assurance while the 2024 appropriation bill was before a joint session of the National Assembly in Abuja.
He said the 2024 budget will set Nigeria on a transformative path towards economic growth and development.
Tinubu said, “I have no doubt that this will be in the interest of Nigerians. As a government, we are committed to improving the lives of our people and delivering on our promises to them.
“The 2024 budget can boost performance, promote the development of macro, micro, and small and medium-sized enterprises, enhance security and public safety, and improve the general living conditions of our people.
“We have not considered the great opportunity in solid minerals and other areas. I promise you that recovery is here.
“I am confident that this budgetary allocation will set Nigeria on a transformative path towards a sustainable and resilient energy future, fostering economic growth, job creation, and environmental preservation,” he said.
The president presented budget estimates of N27.5 trillion to a joint session of the National Assembly, his first budget presentation before the lawmakers since he assumed office on May 29, 2023.