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
BREAKING: Uche Nnaji Resigns as Tinubu’s Minister
In a letter thanking President Bola Tinubu for having allowed him to serve Nigeria, Nnaji said that he has been a target of blackmail by political opponents, citing some allegations against him.
Geoffrey Uche Nnaji resigned today as the Minister of Innovation, Science and Technology.
In a letter thanking President Bola Tinubu for having allowed him to serve Nigeria, Nnaji said that he has been a target of blackmail by political opponents, citing some allegations against him.
In a statement signed by Bayo Onanuga, Special Adviser to the President on Information and Strategy, dated October 7, 2025 ,President Tinubu has accepted Nnaji ‘s resignation , thanks him for his service to the nation and wished him well in future endeavors.
President Tinubu appointed Nnaji in August 2023.
News
President Tinubu Decorates INEC’s Mahmood Yakubu with “CON” National Honour
Yakubu was first appointed in November 2015 as the 14th chairman of the commission for an initial term of five years. The appointment, which was renewed in 2020, has now expired due to the passage of time.
President Bola Ahmed Tinubu on Tuesday conferred the honour of Commander of the Order of the Niger (CON) on Prof Mahmood Yakubu, the outgoing Chairman of the Independent National Electoral Commission (INEC), saying that the award was in recognition of Yakubu’s dedicated service to the nation.
Yakubu was first appointed in November 2015 as the 14th chairman of the commission for an initial term of five years. The appointment, which was renewed in 2020, has now expired due to the passage of time.
President Tinubu thanked Professor Yakubu for his services to the nation and his efforts to sustain Nigeria’s democracy, particularly through the organisation of free and fair elections throughout his two-term tenure.
Consequent upon this, President Tinubu also directed that Professor Yakubu should hand over to the most senior national commissioner, May Agbamuche-Mbu, who will direct the affairs of the commission until the completion of the process to appoint a successor.
In the letter dated October 3, 2025, Professor Yakubu thanked the President for the opportunity to serve the nation as chairman of the commission since 2015.
News
OpenAI’s Global Actors to Grace 2025 UNILAG International Week
Director of International Relations, Professor Ismail Ibraheem, emphasised the importance of the event in shaping Africa’s voice in the global tech space, stating that the week serves as a platform for practical collaborations between academia, industry, and government.
Prominent figures, including Emmanuel Lubanzadio from OpenAI, Yvonne Ike of Bank of America, Nigeria’s Minister of Communications Dr. Bosun Tijani, and entrepreneur Iyinoluwa Aboyeji, are set to participate in the 2025 University of Lagos (UNILAG) International Week.
The event, themed “Equitable Partnerships and the Future of AI in Africa,” will take place from October 13 to 17, 2025, at UNILAG’s Akoka campus.
The week-long program will bring together government officials, global partners, academics, and tech innovators to discuss artificial intelligence and collaboration.
Keynote speakers will include Dr. Tijani, Mr. Lubanzadio, and Ms. Ike, while sessions on digital governance will feature Nigeria’s BPP boss, Dr. Adedokun.
Young innovators like Adeleke Eniola, who developed an AI-powered malaria diagnostic tool, will also be highlighted.
Plenary sessions will cover topics such as ethical AI, data governance, and educational innovation, aiming for actionable outcomes like policy recommendations and investment linkages.
Director of International Relations, Professor Ismail Ibraheem, emphasised the importance of the event in shaping Africa’s voice in the global tech space, stating that the week serves as a platform for practical collaborations between academia, industry, and government.
UNILAG continues to strengthen its international partnerships for research and skills development, reinforcing its role in global engagement.
BREAKING: Uche Nnaji Resigns as Tinubu’s Minister
President Tinubu Decorates INEC’s Mahmood Yakubu with “CON” National Honour
OpenAI’s Global Actors to Grace 2025 UNILAG International Week
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