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
President Tinubu Celebrates Rescue of Oriire Abducted Pupils and Teachers
.……Commends Security Forces
President Bola Tinubu has expressed profound joy over the successful rescue of abducted children and their teachers from Oriire community in Ogbomoso, Oyo State, describing the operation as a major victory for Nigeria’s security agencies.
In a statement issued on Friday by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu praised the military, Department of State Services (DSS), and police for their relentless efforts over the past 56 days, which led to the safe release of the hostages without collateral damage. The operation also resulted in the arrest of eight abductors and the neutralisation of others.
The President acknowledged the immense pain and anxiety endured by the abducted children, their teachers, families, and the entire nation since the incident occurred. He, however, noted that the successful military, police, and intelligence-driven operation has brought relief after more than 50 days of siege.
“I am profoundly happy that our security forces successfully rescued the abducted pupils and teachers from Oriire, Ogbomoso in Oyo State today,” President Tinubu said.
“This successful military operation has ended the siege and standoff of over 50 days and has brought relief to the entire nation and the affected families in particular. On behalf of the country, I express my gratitude to the officers and men of our armed forces, the intelligence agencies and the police for the safe rescue of the children and their teachers.”
The President vowed that his administration would ensure justice for the victims and the family of Mr. Oyedokun, who was gruesomely murdered by the terrorists during the abduction.
He commended the Oyo State Government for its cooperation with the Federal Government throughout the rescue efforts and directed it to strengthen security around schools across the state.
President Tinubu also instructed emergency agencies to collaborate with the Oyo State Government in providing comprehensive medical care and relief support to the rescued children and teachers.
The development marks a significant boost for the Tinubu administration’s security agenda amid ongoing efforts to tackle banditry and kidnapping in parts of the country.
News
BREAKING: Oyo Abducted Schoolchildren Freed from Terrorists’ Hideout
In a major breakthrough against insecurity in Nigeria’s Southwest, security forces have successfully rescued dozens of schoolchildren and teachers who were abducted from schools in Oyo State’s Oriire Local Government Area.
The joint operation, involving the Nigerian Army, police, and local security networks, freed the victims from a terrorists’ hideout believed to be within the expansive Old Oyo National Park axis. Details of the rescue are still emerging, but authorities confirmed that the children and their teachers are safe and receiving medical attention before being reunited with their families.
The abduction occurred on May 15, 2026, when armed gunmen stormed Baptist Nursery and Primary School in Yawota, Community Grammar School, and L.A. Primary School in Ahoro-Esinle, kidnapping approximately 39 pupils and seven teachers. The incident sparked widespread outrage, protests across the state, and intense pressure on the government to secure their release.
Oyo State Governor Seyi Makinde and security chiefs had repeatedly assured residents that intensive operations were underway, with intelligence indicating the victims were held in the vast forest reserve spanning multiple local government areas. The Chief of Army Staff, Lieutenant General Waidi Shaibu, recently described the ongoing efforts as making “tremendous progress,” boosting hopes that culminated in today’s successful rescue.
President Bola Tinubu’s administration has been commended for coordinating the military-intelligence-driven operation. Families of the abducted expressed immense relief, with many describing the ordeal as a nightmare that tested the resilience of the community.
Security sources say several suspects were neutralized or arrested during the raid, though details remain classified to protect ongoing efforts against banditry and kidnapping syndicates in the region.
This rescue comes amid heightened concerns over repeated attacks on schools in parts of Nigeria, echoing past high-profile incidents. Authorities have vowed to strengthen school security and root out criminal elements operating in forest areas.
More updates will follow as the victims are debriefed and full details of the operation are released.
News
UBEC Unlocks Over ₦100 Billion in Education Grants For States, FCT.
The Universal Basic Education Commission (UBEC) says it has facilitated the release and utilisation of more than ₦100 billion in previously unaccessed matching grants by states and the Federal Capital Territory, marking a major boost for basic education development across Nigeria.
UBEC Executive Secretary, Aisha Garba, disclosed this during a media luncheon with education correspondents in Abuja, describing the achievement as a significant step in advancing the Federal Government’s Renewed Hope Agenda for education.
Garba said the commission is implementing a results-driven strategy under its 2025–2031 Strategic Blueprint, aimed at improving access to quality basic education, strengthening learning outcomes and expanding opportunities for millions of Nigerian children.
She noted that the newly accessed funds are being deployed to upgrade school infrastructure, support teacher development and enhance the learning environment nationwide.
Track Up:
According to the E.S, UBEC’s partnership with State Universal Basic Education Boards has led to the construction of more than 4,600 classrooms and the renovation of over 6,100 others.
The commission has also provided 2,780 toilets, 678 boreholes and more than 334,000 pieces of school furniture, while establishing over 2,300 Early Childhood Care Development and Education Centres across the country.
The Executive Secretary highlighted teacher development as a key priority, revealing that UBEC has invested over ₦20.4 billion in professional training programmes. She said the intervention is designed to improve classroom instruction, strengthen school leadership and promote accountability through the Effective Schools Programme and School-Based Management Committees.
Meanwhile, Chairman, Education Correspondents Association of Nigeria ( ECAN), Chux Ukwato, and Chairman, Nigerian Union of Journalist, FCT council, comrade Grace Ike, emphasized importance of media engagement in promoting and showcasing achievements of the commission, calling for more synergy between ECAN and UBEC
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