INSIGHT BY OPPY
INSIGHT BY OPPY
May 26, 2025 at 09:00 AM
*Is Nigeria Powering the Sun? Streetlights and Billions in the 2025 Budget* With the staggering allocation for “streetlights” in Nigeria’s 2025 budget, one might wonder are we lighting up the world? According to BudgiT, a jaw-dropping N393.29 billion has been allocated for just 1,477 streetlights, that’s roughly N266 million per light. Are we installing miniature suns? Here’s a breakdown of other notable insertions in the 2025 budget: 538 Boreholes – N114.53 billion 2,122 ICT Projects – N505.79 billion 43 Community Town Halls – N17.23 billion 561 Education Projects – N179.96 billion 319 Health Projects – N420.09 billion 32 Traditional Ruler Empowerment Projects – N6.74 billion 1,380 Road Projects – N1.44 trillion 24 Security Vehicles – N11.7 billion With figures like these, Nigerians are right to ask: Where is the value for money? Credit: BudgiT Nigeria
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