News
N54.2 trillion budget: Peter Obi questions Tinubu govt on transparency, accountability
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.
News
Tinubu, Shettima , Jonathan highlight political lessons from Gowon ‘s autobiography ‘My Life of Duty and Allegiance.’
Gowon, on his part, explained that he wrote the memoir to tell his truth rather than settle scores. “My story and that of Nigeria became intertwined,” he told the audience, describing the book as his “modest attempt to document the opportunity I had to serve Nigeria”.
Former Head of State Gen Yakubu Gowon (retd) on Tuesday launched an autobiography, titled ‘My Life of Duty and Allegiance.’
The book launch was graced by Former President Goodluck Jonathan ; Vice‑President Kashim Shettima, former Head of State Gen. Yakubu Gowon (rted) with his wife Victoria, Former Chief of Defence Staff, Gen. Martin Luther Agwai (rted) Sultan of Sokoto, Muhammadu Sa’ad Abubakar III , and former Head of State, Abdulsalami Abubakar, among other VIPs.
Speaking during the public presentation of the book at the Bola Ahmed Tinubu International Conference Centre, the president, who was represented by Vice-President Kashim Shettima, urged that the memoir be widely circulated to preserve historical memory and strengthen national unity.
President Tinubu emphasised that accounts from leaders who lived through defining moments are essential to deepening democratic stability.
“A nation that misplaces its memory soon begins to quarrel with its own reflection. A society without memory becomes an orphan in time,” he said.
Tinubu told the gathering that Gowon’s reflections arrive at a critical juncture for Nigeria and West Africa, where insecurity, economic pressure and social fragmentation persist.
He praised Gowon’s post-civil war reconciliatory stance, particularly the “No victor, no vanquished” declaration, as a principle that “helped preserve Nigeria’s unity after the civil war”.
Former President Goodluck Jonathan agreed to that Yakubu Gowon’s “No victor, no vanquished” declaration after the Nigerian civil war helped to create the basis for national healing across the country.
Jonathan lauded the former military head of state for his role in strengthening unity, promoting reconciliation and supporting youth development.
He described Gowon as a “living testimony” of leadership during one of Nigeria’s most consequential eras.
Gowon, on his part, explained that he wrote the memoir to tell his truth rather than settle scores. “My story and that of Nigeria became intertwined,” he told the audience, describing the book as his “modest attempt to document the opportunity I had to serve Nigeria”.
He cautioned Nigerians ahead of the 2027 election against listening to “naysayers”, insisting that the nation “did not fail under my watch” and “will never fail despite the country’s challenges”.
News
Nigeria-U.S kills 175 ISIS terrorists in fresh strikes – DHQ
The operations had also led to the destruction of terrorist checkpoints, weapons caches, logistics hubs, military equipment, and financial networks used to sustain insurgent activities.
•Director of Defence Information, Maj.-Gen Samaila Uba
The Defence Headquarters (DHQ) has announced that no fewer than 175 ISIS terrorists were killed on Tuesday in ongoing joint counterterrorism operations conducted by Nigerian troops and the United States Africa Command (AFRICOM) in Northeast Nigeria.
The military high command said that the coordinated operations, which commenced a few days ago, have continued to record significant successes against ISIS and ISWAP elements operating in the region.
This was contained in a statement issued by the Director of Defence Information, Maj.-Gen Samaila Uba.
According to the DHQ, the latest assessment as of May 19, 2026, showed that 175 ISIS militants had been eliminated from the battlefield through sustained ground and air assaults.
The statement noted that the operations had also led to the destruction of terrorist checkpoints, weapons caches, logistics hubs, military equipment, and financial networks used to sustain insurgent activities.
News
US Nigeria military eliminate more than 20 ISIS/ISWAP fighters in latest airstrike
Terrorists who threaten our citizens, communities and national stability will be located and defeated.
• US President Donald Trump
The United States Africa Command (AFRICOM) said Monday the U.S. and Nigerian forces carried out further strikes on ISIS targets on May 17, 2026 and eliminated more than 20 ISIS/ISWAP fighters in Nigeria’s North-East region.
In a statement posted on its official X handle on Monday, the combatant command said that the latest operation comes three days after had eliminated a senior ISIS commander and one of the world’s most wanted terrorists, Abu Bilal al-Minuki, during an operation conducted on Friday.
The statement reads:“On May 17, 2026, U.S. Africa Command, in coordination with the Government of Nigeria, conducted additional kinetic strikes against ISIS in Northeastern Nigeria.
“Intelligence confirmed the targets were ISIS militants. Complete assessments are ongoing. No U.S. or Nigerian forces were harmed.
“The removal of these terrorists diminishes the group’s capacity to plan attacks that threaten the safety and security of the U.S. and our partners.”
AFRICOM added that it remains committed to deploying specialised U.S. capabilities in support of partner nations to counter shared security threats and degrade terrorist networks operating across the region.
The Director Defence Information (DDI), Maj.-Gen. Samaila Uba, added that the multiple air strikes followed observed convergence and migration of terrorist elements, resulting in the elimination of more than 20 ISIS/ISWAP fighters.
“The Armed Forces of Nigeria will continue to aggressively defend the sovereignty, security and territorial integrity of the nation.
Terrorists who threaten our citizens, communities and national stability will be located and defeated.
“There will be no haven for all terrorists anywhere in Nigeria” the statement said.
-
News3 days agoAbu-Bilal al-Minuki: Deadly But Harmless Looking – Poison Dart Frog
-
Business2 days agoPenCom bracing up to invest in Dangote Refinery’s IPO, urges PFAs
-
News3 days agoSenate Rule Amendment: Debate Should Focus on Institutional Stability, Not Personalities – Eyiboh
-
Business2 days agoDangote expands Investment in Ethiopia to $4bn
-
Sports2 days agoAfrican Athletics Championship: Team Nigeria wins 12 medals
-
Business2 days ago63% of Nigerians want interest rates reduced – CBN
-
Politics2 days agoDesmond Elliot cries out, ‘My security taken away, what have I done?’
-
Business2 days agoBOI Secures $200m fresh Loan from AfDB
