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Renewed Hope UK Commends President Tinubu’s Visionary Leadership With N49.8 Trillion’ Budget Of Restoration

Victor Okebunmi by Victor Okebunmi
December 18, 2024
in Featured, News
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Renewed Hope UK Commends President Tinubu’s Visionary Leadership With N49.8 Trillion’ Budget Of Restoration
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London, United Kingdom—Renewed Hope UK, a leading Diaspora Progressive Group supporting President Bola Ahmed Tinubu’s vision, has applauded the President’s presentation of the historic N49.8 trillion 2025 Budget of Restoration. This ambitious proposal, outlined at the National Assembly, prioritises education, healthcare, security, and infrastructure development, embodying the Renewed Hope Agenda’s core mission of delivering sustainable prosperity to Nigerians.

President Tinubu’s assurances of economic renewal, reflected in the 3.46% GDP growth in Q3 2024 and foreign reserves nearing $42 billion, demonstrate the tangible progress of his bold reforms. The Diaspora community lauds its resilience and the significant strides made in reducing inflation, stabilising the naira, and encouraging trade surpluses. These milestones, achieved through the patience and sacrifices of Nigerians, signal the dawn of a more robust and equitable economy.

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As the President articulated, “The 2025 Budget seeks to restore macroeconomic stability, enhance the business environment, foster inclusive growth, and strengthen social and physical infrastructure.” Renewed Hope UK is particularly encouraged by the government’s focus on student loans, infrastructure investments, and national reorientation, which are essential pillars for empowering Nigeria’s youth and building a prosperous future.

With allocations of N4.91 trillion for defence and security, N3.52 trillion for education, and N2.48 trillion for healthcare, this budget reflects a commitment to addressing Nigeria’s most pressing challenges. Additionally, the administration’s focus on expanding local petroleum refining, improving food security, and encouraging exports highlights a strategic pathway to economic independence.

Renewed Hope UK reaffirms its commitment to supporting the President’s visionary leadership and calls on Nigerians at home and abroad to unite in patience and determination as these reforms bear fruit. Together, we will achieve the Nigeria of our dreams – a nation of peace, prosperity, and global competitiveness.

*©️ Renewed Hope United Kingdom*.

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