Tinubu’s ₦158 Trillion Budget: Why Are Nigerians Still Struggling?

I am concerned by the sharp rise in federal budgets, borrowing and living costs under President Bola Tinubu. I compare the reported spending of the Obasanjo, Jonathan and Buhari administrations with the appropriations for 2024, 2025 and 2026. In my view, a budget of about ₦158 trillion across three years should translate into clear improvements in the daily lives of Nigerians. Instead, many people are struggling with higher petrol, food and transport costs. A bag of rice now consumes a large share of many workers’ monthly income. I also question how government can sustain very large budgets when revenue is limited and debt-service costs take up much of public income. Borrowing may fund projects, but it should not leave citizens carrying the burden through worsening hardship. Government performance should be judged not only by project announcements, foreign praise or macroeconomic statistics, but by whether ordinary Nigerians can afford food, housing, transport and a decent life. Nigerians of every tribe should demand accountability for how public funds are spent.

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