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The irony is that Ukraine had "the bomb", but the US and its allies promised to protect them if they gave it up. Oops.
Since I see this claim constantly: where in the Budapest memorandum did they promise protection?
Looking at the Wikipedia summary nowhere does anyone give security assurances similar to NATO article 5 or the even stronger worded mutual defense clause article 42 TEU of the EU. The closest it comes to is in the fourth point, but that is only in the case of nuclear weapons being used. Which obviously hasn't happened yet. Beyond that it is just a promise not to attack, which Russia has broken, but every other singator has kept. And as far as I can see it does not contain anything that compells others to act on someone else's breach.
That's my understanding. Furthermore, they had the nuclear weapons of the soviet union. Even if they could maintain them at the time, without much of the infrastructure that the soviet Union had, I think legally they were Moscow's. Moscow held the metaphorical button, if not the physical one. Similar to US nuclear weapons in Germany aren't controlled by Berlin.
That being said, I think this whole war has lead to a situation where nuclear armament is very appealing, not just to Kyiv but to many of the similar states looking on. It is again, for world peace we need less nukes in the world, for Ukraine's sovereign safety, they need (more) nukes.