The Deputy Spokesman of the Home of Representatives, Rep. Philip Agbese, has dismissed criticism over delays in implementing the 2025 finances.
Agnese lauded President Bola Tinubu’s administration for its deal with transparency and sustainable financial progress.
Chatting with the Newsmen on Friday, he recommended the management of the Minister of Funds and Financial Planning, Sen. Abubakar Atiku Bagudu.
He described Bagudu’s efforts as meticulous planning to align Nigeria’s economic system with present realities.
Recall that the 2025 finances, signed into regulation in December 2024, earmarked N4.91 trillion for defence, N4.06 trillion for infrastructure, N3.5 trillion for training and N2.4 trillion for well being.
Eight months into the fiscal yr, delays within the capital part have slowed initiatives, prompting public frustration and requires an extension into 2026.
Agbese, nonetheless, mentioned the Nationwide Meeting had monitored implementation and remained optimistic.
“Some see delays, however I see diligence and the way Bagudu masterminds fiscal accountability, verifying expenditures to align with international requirements,” he mentioned.
He assured that the minister’s work was paving the best way for a seamless rollout by late September, crediting Bagudu with transformative reforms.
“Bagudu ensures our finances meets fiscal plans, addresses crucial wants like infrastructure and healthcare, and builds a resilient future for generations,” he mentioned.
The lawmaker pointed to Tinubu’s reforms, together with gasoline subsidy removing and the unification of change charges, which he mentioned contributed to a 3.46 per cent GDP progress in Q3 2024 and rising overseas reserves.
In line with him, this exhibits that “the federal government is delivering outcomes, not rhetoric.”
Agbese additionally dismissed the U.S. Division of State’s 2025 Fiscal Transparency Report, which flagged Nigeria for weak procurement processes, describing it as outdated.
“Our Open Contracting Portal gives real-time bid entry, and the Bureau of Public Procurement enforces strict tendering guidelines. Contract awards underneath Tinubu comply with the Procurement Act and are open to international scrutiny,” he mentioned.
He added that Bagudu had empowered residents to flag irregularities, whereas lawmakers’ oversight confirmed accountability in finances execution.
Agbese urged Nigerians to belief the administration, assuring that seen outcomes can be evident earlier than the top of the yr.
“By December, count on roads, colleges and hospitals to remodel communities. With leaders like Bagudu, Nigerians will quickly see tangible change; new infrastructure, higher training and improved healthcare uplifting lives nationwide,” he mentioned.
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