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2025 Federal Government Budget Analysis


NISER presents an analysis of the proposed Federal Government budget for the year 2025.

The successful implementation of the 2025 budget requires effective fiscal-monetary coordination, improved revenue mobilization, and structural reforms to tackle inflation, exchange rate volatility, and social inequalities, while enhancing economic diversification and governance. Achieving the ambitious revenue target of ₦36.35 trillion, managing debt servicing, and stabilizing the naira will be key to fostering sustainable growth, boosting investment, and meeting the projected GDP growth of 4.6%.

This Brief is a product of the NISER Response Unit (NRU)