The Minister of Budget and Economic Planning, Abubakar Bagudu, said on Tuesday that President Bola Tinubu has driven the economy in the right direction.
Bagudu said this during the defence of his ministry’s financial estimates before the National Assembly Joint Committees on National Planning in Abuja.
He listed other positive impacts, including recovery of the economy, deficit reduction, and non-recourse to ways and means beyond legal limits from over 6.1 per cent in 2023 to less than four per cent in 2024.
The minister assured the legislators that the Tinubu administration will generate the funds to finance the 2025 financial plans through innovative financing and line budget allocation.