Bagudu said the Federal Government’s ambition of building a $1 trillion economy would require greater revenue mobilisation, investment and, where necessary, borrowing supported by public confidence. The minister also called for a more informed public conversation about Nigeria’s fiscal capacity and the resources required to fund development. At the workshop, Bagudu urged journalists to scrutinise questionable budget provisions but warned against automatically describing unfamiliar allocations as unlawful insertions without proper verification. He noted that some provisions that may appear unusual could be linked to specific community needs. Bagudu also said budget scrutiny should not focus only on capital expenditure, stressing that recurrent spending, salaries, security and debt servicing are also necessary for government to function. The minister called for continued cooperation between the media and the legislature to improve transparency and accountability in the budget process. Senate President Godswill Akpabio also urged journalists to distinguish between allegations, proposals and established facts when reporting on the budget. The discussion comes amid continuing public interest in how Nigeria’s annual budget is prepared, amended, implemented and monitored. For citizens, the debate raises broader questions about government revenue, public spending, borrowing and the resources required to finance national development.
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