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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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NEC, Police Intensify Security Plans Ahead of 2027 General Elections

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The Chairman of the Independent National Electoral Commission (INEC) Professor Joash Amupitan, SAN, has described security as the foundation of credible elections, calling it the “first and last mile” of the electoral process.

He made the remark during a courtesy visit to the Inspector-General of Police, Olatunji Disu, in Abuja, where he sought stronger collaboration between INEC and the Nigeria Police Force ahead of the 2027 General Elections.

Professor Amupitan said that preparations for the elections were already underway, with Presidential and National Assembly polls scheduled for January 16, 2027, while Governorship and State Assembly elections are fixed for February 6, 2027.

He noted that the release of the election timetable and ongoing political party activities, including ward congresses and conventions, have effectively activated the electoral process and heightened security concerns nationwide.

The INEC Chairman also pointed to upcoming off-cycle governorship elections in Ekiti and Osun States, as well as several bye-elections across the country, describing them as important tests for Nigeria’s democracy.

He warned that electoral malpractice, vote buying, political violence and insecurity remain major threats capable of undermining public confidence in the electoral system.

Professor Amupitan stressed the need for proactive policing, intelligence gathering and early risk assessments to identify potential flashpoints before the elections, and reaffirmed INEC’s commitment to working closely with security agencies through the Inter-Agency Consultative Committee on Election Security (CCES), describing it as central to ensuring the safety of voters, electoral personnel and materials during the polls.

The Inspector-General of Police, Olatunji Disu,in his remarks assured INEC of the Police Force’s readiness to provide adequate security before, during and after the elections.

He disclosed that nationwide intelligence mapping and threat assessments had already commenced, with concerns such as political violence, illegal arms proliferation, voter intimidation, cyber threats and attacks on electoral infrastructure identified as priority risks.

The IGP also pledged that the Police would remain professional, impartial and guided strictly by the Constitution and the Electoral Act, and warned that officers involved in partisan activities would face disciplinary action, while personnel assigned to election duties would undergo intensive training in electoral security management, human rights compliance and crowd control.

He further called for stronger inter-agency cooperation, joint trainings and sustained stakeholder engagements to guarantee peaceful and credible elections in 2027.

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BREAKING: IED Explosion Kills Six, Injures Six Others in Zamfara State

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At least six people were killed and six others injured after an Improvised Explosive Device (IED) exploded in Zamfara State on Thursday.

The blast occurred in an unspecified area of the state, according to initial reports. Details on the exact location and circumstances surrounding the explosion remain limited as security forces have cordoned off the scene.

Emergency responders and security personnel have been deployed to the area. The injured victims have been rushed to nearby hospitals for treatment.

This incident comes amid ongoing security challenges in parts of Zamfara State. Authorities are yet to issue an official statement or confirm the cause of the explosion.

More details are expected as the situation develops.

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‎‎JUST IN: Former Power Minister Mamman Convicted of N33.8bn Fraud‎‎

Justice James Omotosho held that the Economic and Financial Crimes Commission (EFCC) proved its case beyond reasonable doubt, finding Mamman guilty of illegally diverting public funds linked to the Mambilla and Zungeru Hydroelectric Power projects.

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[File photo] : former Minister of Power, Saleh Mamman

A Federal High Court in Abuja has convicted former Minister of Power, Saleh Mamman, on a 12‑count charge of fraud and money laundering involving about ₦33.8 billion. ‎‎

Mamman, who served in the administration of former President Muhammadu Buhari, was found complicit in the illegal diversion of public funds totalling about ₦33.8 billion.

The court found that he made a cash payment of $655,700 (equivalent to ₦200 million) for landed property in Abuja, without recourse to a financial institution.

Justice James Omotosho held that the Economic and Financial Crimes Commission (EFCC) proved its case beyond reasonable doubt, finding Mamman guilty of illegally diverting public funds linked to the Mambilla and Zungeru Hydroelectric Power projects.‎‎

The court also found that Mamman used the funds for personal gain, including paying $655,700 (about ₦200 million) in cash for landed property in Abuja—beyond the legal limit—and acquiring luxury assets in Nigeria and abroad. ‎‎

Justice Omotosho described the prosecution’s evidence as “overwhelming,” saying Mamman failed to offer any credible defence, while the EFCC presented 17 witnesses and 43 exhibits to support the case. ‎‎

The court noted that most of the funds were siphoned through Bureau de Change operators (BDCs), who converted the money into foreign currencies and handed it over to the defendant.

“The evidence of the prosecution is overwhelming as against the scanty and almost absent defence of the defendant.

“The defendant did not offer any credible evidence to rebut the prosecution’s case,” Justice Omotosho held.

Meanwhile, the judge has adjourned the matter to a later date for sentencing. ‎‎‎

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