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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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Okonjo-Iweala Decries Kidnappings of school children, teachers

As a mother I am greatly saddened by the kidnappings in our country, particularly of our children and teachers from places of learning.

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The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has expressed worries over the escalating wave of kidnappings across Nigeria, particularly the abduction of schools children and teachers.

Okonjo-Iweala in a post on X said she was “greatly saddened” by the disturbing trend, stressing that the attacks on learning institutions have inflicted fear, trauma, and uncertainty on families nationwide.

“As a mother I am greatly saddened by the kidnappings in our country, particularly of our children and teachers from places of learning.

” My heart goes out to the children and all those kidnapped and to their families living in fear and uncertainty,” she said.

She prays for the safe return of all abductees and strength for parents and relatives enduring the ordeal.

“May those taken be found, rescued, and returned safely into the arms of those who love them.

We pray God for their protection and strength for every parent and relative waiting,” she added.

Her comments come amid a series of mass abductions targeting schools and farming communities in several states in Nigeria, which has led to renewed calls for urgent action to protect citizens and restore security nationwide.

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Umahi Donates a speedboat for protecting federal Bridges in Lagos

Umahi emphasised that the donation of the speedboat would aid in monitoring activities along the marine corridor in Lagos, as well as serving as a morale booster for the gallant men who have been combating the activities of unscrupulous elements under the bridges.

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The Minister of Works, David Umahi, weekend, donated a speedboat to the Marine and Infrastructure Protection Unit of the Lagos State Command of the Nigeria Security and Civil Defence Corps (NSCDC) to protect the Third Mainland Bridge and other federal bridges in the state.

Umahi, while presenting the speedboat, said that the donation aligned with his magnanimity and unwavering commitment to supporting the Corps in its duty of safeguarding vital public infrastructure.

Umahi emphasised that the donation of the speedboat would aid in monitoring activities along the marine corridor in Lagos, as well as serving as a morale booster for the gallant men who have been combating the activities of unscrupulous elements under the bridges.

The Commandant also extended thanks to the former Federal Controller of Works, Lagos, O.I. Kesha, for her diligent efforts in ensuring that the Corps receives all necessary logistical support to guarantee the protection of the integrity of the Third Mainland Bridge, other federal bridges, and critical national infrastructure in Lagos State.

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Bauchi Students, Pupils Won’t Write First Term 2025 Exam Over Insecurity

The government is working closely with security agencies to address the concerns swiftly and comprehensively, ensuring that normal academic activities resume as soon as it is safe to do so.

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The Bauchi State Government has announced the closure of all the public and privately owned primary, secondary, and tertiary institutions in the state with immediate effect.

In a statement on Monday, Jalaludeen Usman, Information and Public Relations Officer Bauchi State Ministry of Education, said that the decision, although difficult, was taken by the government in response to overwhelming security concerns affecting the safety of students, teachers, and school communities across the state.

“The government is fully aware of the inconvenience this may cause.

However, the protection of our children remains our highest moral responsibility. Every student in Bauchi State deserves to learn in an environment that is safe, stable, and free of fear.

We therefore call on parents, guardians, school proprietors, and all concerned stakeholders not to panic, but to remain calm and cooperative.

The government is working closely with security agencies to address the concerns swiftly and comprehensively, ensuring that normal academic activities resume as soon as it is safe to do so. We also urge citizens to remain vigilant.

If you see something, say something. Timely information from the public is crucial in safeguarding our communities.

The Bauchi State Government will continue to provide updates as the situation evolves.”

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