Rivers State Governor, Siminalayi Fubara, has been urged to comply with the 48-hour ultimatum to re-present the 2025 Appropriation Bill to the Assembly. The Director General, Rivers Restoration Movement (RRM), Johnson Georgewill, made the call while speaking with journalists in Port Harcourt on Tuesday. He said that the ultimatum...
Budget
By SADIQ ABUBAKAR, Maiduguri – Borno State Government has achieved 84% budget implementation in the year 2024 under review. The state Commissioner of Budget and Planning, who is also the Deputy Chief of Staff to Governor, Babagana Zulum, Hon. Engr. Babagana Malumbe, stated this during a press briefing on...
President Bola Tinubu has said the N54.99 trillion 2025 budget signed into law on Friday will empower Nigerians and build a resilient future. The President said this after signing the budget in a brief ceremony witnessed by Sen. Godswill Akpabio, President of the Senate, and other leaders of the...
President Bola Tinubu on Friday signed the N54.99 trillion 2025 Appropriation Bill into law at the State House, Abuja. The bill, which was passed by the National Assembly on Feb. 13, after increasing it from the initial N49.7 trillion submitted by President Tinubu, was signed in a brief ceremony...
Benue State Assembly has suspended the state Chief Judge, Justice Maurice Ikpambese, for alleged misappropriation and mismanagement of the budgetary allocation and finances of the state Judiciary. This was sequel to a motion moved by the Majority Leader, Mr Saater Tiseer, during plenary session in Makurdi on Tuesday. Tiseer...
Mandate Secretary, Education Secretariat, Federal Capital Territory Administration (FCTA), Dr Danlami Hayyo, has said the administration has spent N200 billion on education from 2023 to date. Hayyo disclosed this in Abuja on Tuesday, at the opening of a two-day innovation and entrepreneurship education training for Vice Principals (Academic) in...
The House of Representatives on Thursday approved the 2025 Appropriation Bill of N54.92 trillion. Presenting the report, Chairman of the House Committee on Appropriation, Rep Abubarka Bichi, said that N54.2 trillion naira was approved, but with an additional N700 billion naira to make the total budget N54.9 trillion Bichi...
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says the FCT Administration has achieved 90 per cent of its more than N1 trillion 2024 budget. Wike stated this after inspecting some ongoing projects in the capital city, in Abuja on Thursday. The projects inspected are the...
By EZEKIEL OBI, Abuja – Former Labour Party presidential candidate Peter Obi has called for transparency and accountability in the allocation of the increased Budget of Restoration, which has risen to ₦54 trillion due to increased revenue. Obi expressed concern that while the sources of the revenue were detailed,...
President Bola Tinubu has notified the Senate of an increase in the proposed 2025 budgetary estimates from the N49.7 trillion he presented on Dec. 18, 2024 to N54.2 trillion. The News Agency of Nigeria (NAN) reports that Tinubu announced the increase via a letter forwarded to both chambers of...
Senate President, Godswill Akpabio, has assured Nigerians that the 2025 budget will be transmitted to President Bola Tinubu for assent as soon as it is passed into law. Akpabio, who gave the assurance at plenary on Tuesday, emphasised the senate’s commitment to ensuring a seamless budgetary process. He commended...
The National Assembly Joint Committee on Finance has exonerated the Joint Admissions and Matriculation Board (JAMB), of alleged misappropriation of funds in its 2024 budget implementation. Chairman of the committee, Sen . Sani Musa in a statement on Thursday, said the board was erroneously accused of reckless spendings, given...
The House of Representatives has directed the Tertiary Education Trust Fund (TETFund) to provide a detailed breakdown of its 2024 allocations. It also urged TETFund to present the 2025 budget estimates to beneficiary institutions before further implementation. This resolution followed the adoption of a motion by Rep. Sulaiman Gumi...
By SADIQ ABUBAKAR, Maiduguri – Borno State Governor, Babagana Zulum, has assented to the 2025 appropriation bill of N615,857,950 billion into law. Zulum presented the budget estimate of N584.76 billion on the 9th of December, 2024, passed by the State Assembly on 24th December with a marginal increase of...
Kano State Governor, Abba Yusuf, has signed into law, the sum of N719.8 billion as 2025 budget. The Governor also promised to judiciously utilise the state’s funds in accordance with global best practices of public financial management. The News Agency of Nigeria (NAN) reports that the signing of the...
By TVAY SAM TVAY, Makurdi – Benue State Governor, Hyacinth Alia has signed into law the Benue State 2025 appropriation bill of N550,112,988,930.45 into law. The ceremony of signing of appropriation bill tagged: “Budget of Human Capital Development, Food Security and Digital Economy”, coincided with the launching of the...
Rivers State Governor, Siminalayi Fubara, speaks after presenting the 2025 budget to the Victor Oko-Jumbo-led Rivers State House of Assembly on December 30, 2024. Rivers State Governor Siminalayi Fubara has presented the 2025 budget proposal of ₦1.1 trillion to the Victor Oko-Jumbo-led Rivers State House of Assembly. The Appropriation...
Some members of the House of Representatives have expressed satisfaction with the 2025 Appropriation Bill of N47.9 trillion presented to the joint session of the National Assembly by President Bola Tinubu on Wednesday. The News Agency of Nigeria (NAN) reports that in the 2025 budget, the sum of N4.90...
PRESENTATION BY HIS EXCELLENCY, PRESIDENT BOLA AHMED TINUBU, GCFR OF THE 2025 BUDGET OF RESTORATION: SECURING PEACE, REBUILDING PROSPERITY TO A JOINT SESSION OF THE NATIONAL ASSEMBLY ON WEDNESDAY 18TH DECEMBER, 2024 PROTOCOLS:— The Vice President, Senator Kashim Shettima— Senate President, Distinguished Senator Godswill Akpabio— Right Honourable Speaker, Tajudeen...
President Bola Tinubu says the Federal Government targets N34.82 trillion revenue to fund the N47.9 trillion 2025 budget. Tinubu stated this on Wednesday in Abuja while presenting the 2025 Appropriation Bill to joint session of the National Assembly. The News Agency of Nigeria (NAN) reports that the N47.9 trillion...