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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
JUST IN: FG Vows Swift Rescue of Abducted Kebbi Schoolgirls, Reaffirms Duty to Protect Citizens
The Federal Government has expressed deep concern over the abduction of female students from Government Girls Secondary School, Maga, in Danko/Wasagu Local Government Area of Kebbi State, assuring families of its unwavering commitment to securing the safe return of the victims.
In a statement on Monday, the government conveyed solidarity with the affected families, noting that it “shares in their pain” and is working urgently to bring the girls home.
President Bola Ahmed Tinubu reaffirmed that the protection of every Nigerian—especially schoolchildren—remains a paramount responsibility of the State. He condemned the attack, describing it as a “reprehensible assault on innocent students,” and mourned the school officials who were killed while performing their duties.
According to the statement, security and intelligence agencies have been issued strict directives to locate and rescue the abducted students and ensure that those responsible are brought to justice. The government pledged that it will not relent until the mission is accomplished.
The Federal Government also assured citizens that strengthening internal security remains a top priority, noting that efforts are underway to recalibrate the country’s military, policing, and intelligence architecture to better prevent and respond to threats.
Additionally, Nigeria is intensifying regional cooperation with ECOWAS, the African Union, and the Multinational Joint Task Force (MNJTF) to secure borders and disrupt terrorist and criminal networks.
The government urged the public to remain calm and confident as efforts to rescue the abducted students continue.
News
Obasanjo, Fayose Trade Bitter Insults as Birthday Message Sparks Public Feud
A heated exchange has erupted between former President Olusegun Obasanjo and former Ekiti State governor Ayodele Fayose after an explosive “thank you” message sent by Fayose triggered a public confrontation between the two political figures.
The rift stemmed from Obasanjo’s appearance at Fayose’s recent birthday celebration, during which the former governor claims the ex-president made “irresponsible comments.” In a sharply worded SMS released to journalists in Abeokuta on Monday by Obasanjo’s Special Assistant on Media, Kehinde Akinyemi, Fayose lashed out at the elder statesman, describing him in scathing terms.
In the message, Fayose wrote:
“Dear Baba Obasanjo, I trust this meets you well. Your coming to my birthday party, I appreciate, except for your very irresponsible comments at your age. You went so low but I am not surprised… someone once said you are supposed to be kept away in the zoo. Sincerely, that’s where you belong.”
Fayose added that he refrained from responding at the event “so that the world will know the difference between a sane and a mad man,” alleging that Obasanjo’s remarks reflected “heightened dementia.” He also demanded a refund of money he claimed to have given the former president, referencing Obasanjo’s public admission during the event.
Obasanjo responded curtly, saying Fayose’s message merely revealed “who and what you are, unchanged and unchangeable.” He confirmed he had returned the money through the individual who delivered it.
“Ayo, thanks for your ‘Thank You’ message… Your money has been sent back through Foluso Adeagbo who brought it and in the same bag as he brought it, unopened by me,” Obasanjo said.
The public spat has stirred widespread commentary, highlighting lingering tensions between the two outspoken political figures.
News
BREAKING: Media Icon, Dan Agbese, passes on at 81
A highly reverred media personality Dan Agbese is dead.According to a statement issued by the Agbese family of Ikpilogwu clan of Agila district, Ado Local Government Area of Benue State, he died on Monday.
“We hereby announce the passing away of our husband , father, grandfather, brother, uncle and mentor: Chief Dan Agbese, the Awan’Otun of Agila.
”“Chief Agbese transited to eternal glory this morning, Monday November 17, 2025. He was aged 81.“Burial arrangements would be announced by the family in due course.
“Born May 12, 1944 in Agila, Chief Agbese was a renowned journalist and author, famous for his seminal contributions to journalism practice in Nigeria and renowned for his satirical columns.
He was editor of The Nigeria Standard and New Nigerian newspapers, and General Manager of Radio Benue, Makurdi.“Chief Agbese was one of the founders of the trail-blazing Newswatch magazine and was until April 2010 its Editor-in-Chief.
“Before his passing, he wrote several books and maintained weekly columns in notable newspapers including the Daily Trust and The Guardian, while running a media consultancy with his friends and colleagues, Ray Ekpu, Yakubu Muhammed and Soji Akinrinade.
“He is survived by his wife , Chief Rose Agbese six children, and seven grandchildren.”
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