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N54.2 trillion budget: Peter Obi questions Tinubu govt on transparency, accountability

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Presidential candidate of the Labour Party, LP, Mr Peter Obi, says there is no corresponding breakdown of expenditures to justify the increase in the 2025 national budget.

The statement comes after President Bola Tinubu, on Thursday, increased the appropriation bill for the 2025 fiscal year from N49.7 trillion to N54.2 trillion.

Recall that Tinubu announced the increment in separate letters, which he forwarded to both the Senate and the House of Representatives.

Reacting to the development, Obi said that Nigerians need to know how the resources generated are being allocated for the sake of transparency and accountability.

This, he said, was to ensure that they were judiciously spent on the country’s development and the well-being of the people.

In a statement issued on Friday via his X handle, the former Anambra state Governor said Nigerians were still waiting for a detailed account of the execution and expenditures of the Renewed Hope budget passed in December 2023.

Obi further called on the National Assembly to seize this opportunity to obtain and make public the full details of the 2024 budget.

He said: “Yesterday, I read about the increase in the Budget of Restoration to N54 trillion due to increased revenue.“

While the sources of this revenue were detailed, there is no corresponding breakdown of expenditures to justify the increase.

For transparency and accountability sake Nigerians need to know how the resources generated from them are being allocated to ensure that they are judiciously spent on the country’s development and the well-being of the people.

“Such expenditures should be directed toward critical areas of development; education, healthcare, security, and poverty alleviation.“

Furthermore, Nigerians are still waiting for a detailed account of the execution and expenditures of the Renewed Hope budget passed in December 2023 to ensure that it has been properly utilized for the country’s future development and the well-being of its citizens.

“I call on the National Assembly to seize this opportunity to obtain and make public the full details of the 2024 budget of Renewed Hope budget

“Transparency in this regard is crucial for ensuring accountability, learning from past budgets, and making informed decisions for the nation’s progress.

“As we work towards passing the Budget of Restoration for 2025, let us uphold openness, accountability, and the welfare of the Nigerian people.

We owe it to ourselves, our children, and the future of our great nation.

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Kogi Governor Commends President Tinubu over Abuja-Lokoja Road Reconstruction

The Governor also commended the Works Minister, Engr Dave Imahi for the quality of job on the road.

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The Governor of Kogi State, His Excellency Alh. Ahmed Usman Ododo has commended President Bola Ahmed Tinubu for showing unparalleled commitment towards the completion of the Abuja-Lokoja road Reconstruction, saying his action has demonstrated his unwavering determination to fix the nation’s infrastructure deficit.

The Governor while inspecting a section of the road at Kotonkarfe in Kogi State said the President represents a “coalition of excellence”.

“This is our own coalition. This is what our President is doing and we are grateful to him. This is development”, he said.

The Governor also commended the Works Minister, Engr Dave Imahi for the quality of job on the road.

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JUST IN: Oluremi Tinubu Donates 1 Billion naira to victims of Yelwata attack

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The Wife of the President Oluremi Remi Tinubu has donated the sum of one billion naira to victims of the horrific Yelwata attack in Benue State.

Oluremi Tinubu who announced the donation during her condolence visit to the state, described the killings as very unnecessary.

About 6 weeks after the heart wretching attack on Yelwata community of Guma local council of Benue State State Wife of the President Oluremi Tinubu visits to pay her condolence.

She proceeds to the new banquet hall of the Government house Makurdi where she meets with relevant stakeholders and makes a significant donation on behalf of council of the renewed hope agenda initiative.

Earlier State Governor Hyacinth Alia while appreciating the show of sympathy by the first family renewed his call for the establishment of State police.

Chairman State Council Of Chiefs the Tor Tiv Orchivirigh James Ayatse wants the killer terrorists flushed out of the State and neighbouring Nassarawa State.

He equally called for compensation for victims to rebuild their lives and return back to their ancestral homes.

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Lekki Airport: Residents Call for Compensation Ahead of Demolition

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Residents of the Ajiwe community in Ajah, Lagos State, have appealed to Governor Babajide Sanwo-Olu to suspend the planned demolition of their homes for infrastructure projects until they receive adequate compensation.

The affected landlords and tenants claim their properties have been marked for demolition to make way for the Gas Link pipeline and Green Line Rail projects—key components of the new Lagos Airport under construction in Ibeju-Lekki.

Over the weekend, the residents staged a protest along the Abraham Adesanya Expressway, carrying placards with messages such as: “No Demolition Without Compensation,” “We Say No to Gas Link and Rail Project Demolitions Without Compensation,” and “Compensate Us First.”

Kehinde Alakoso, who spoke on behalf of the protesters, acknowledged the public importance of the projects but emphasized the need to account for the human impact.

“These projects may serve the greater good, but the government must also fulfill its legal and moral obligation to compensate displaced residents,” he said.

Alakoso added that formal letters had been submitted to Governor Sanwo-Olu, the Commissioner for Physical Planning and Urban Development, Dr. Oluyinka Olumide, and other relevant authorities in the state.

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