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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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Somtochukwu Maduagwu, Arise News Anchor Murder Suspects’ Hearing adjourn February 9-11

Aside from the killing of the Arise News Anchor, they are charged with armed robbery involving other residents at the estate where Somtochukwu was killed.

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Photo: Somtochukwu Maduagwu, Arise News Anchor and lawyer

The FCT High Court Abuja has slated three days hearing for suspects that killed Somtochukwu Maduagwu, Arise News Anchor and lawyer.

Ohibaba.com learned that the matter is adjourned to 9, 10 and 12 February, 2026 for definite hearing.

The suspects were arraigned on amended Charges filed on 10th January before the FCT High Court.

Aside from the killing of the Arise News Anchor, they are charged with armed robbery involving other residents at the estate where Somtochukwu was killed.

All of them pleaded not guilty.

Defendants to be remanded in Kuje Correctional Facility.

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Suicide bomber Kills Five Soldiers in Borno Waylaid

Security sources said that the attack occurred as troops were returning from a successful clearance operation that dislodged several insurgent camps and neutralised many fighters.

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Five soldiers were killed while several others sustained injuries when a suicide bomber rammed an explosive-laden vehicle into a military convoy at the Timbuktu Triangle axis of Borno State.

Security sources said that the attack occurred Tuesday as troops were returning from a successful clearance operation that dislodged several insurgent camps and neutralised many fighters.

Two senior officers, a Major and a Lieutenant, were among those affected.

The military has yet to issue an official statement, as clearance operations are still ongoing in the area.

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Ogun Govt Suspends Selection of New Awujale to prevent mayhems

Hon. Hamzat added that the decision was taken proactively to prevent any breakdown of law and order and to ensure that the eventual emergence of a new Awujale follows due process acceptable to all stakeholders.

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The Ogun State Government has again suspended the ongoing process for the selection of a new Awujale of Ijebuland.

In a statement issued on behalf of the State government, the Honourable Commissioner for Local Government and Chieftaincy Affairs, Hon. Ganiyu Hamzat, said the decision became necessary following several complaints and intelligence reports received from security agencies and other key stakeholders involved in the selection process.

The government described the Awujale stool as one of the foremost and most prestigious traditional institutions in Yorubaland and Ogun State, noting that the stature of the immediate past Awujale, Oba Sikiru Kayode Adetona, who reigned for 65 years, further elevated the global prestige and reverence of the throne.

According to the commissioner, the prominence of the stool and the legacy of the late monarch have placed intense public attention and scrutiny on the emergence of the next Awujale, making it imperative for the state to act decisively to safeguard public order and uphold the dignity of the institution.

“The State Government has received several petitions, reports from security agencies and other key stakeholders in relation to the ongoing selection process.

In order to maintain public order, protect the integrity of the process and preserve the veneration of the stool, it has become imperative to halt the selection process at this time,” the statement read.

The government explained that its action was backed by the provisions of the Obas and Chiefs’ Law of Ogun State, 2021, which empowers the Executive Council to set aside an appointment if it is deemed necessary in the interest of peace, order and good governance.

Hon. Hamzat added that the decision was taken proactively to prevent any breakdown of law and order and to ensure that the eventual emergence of a new Awujale follows due process acceptable to all stakeholders.

Consequently, the state government directed that the decision be formally communicated to the Awujale Kingmakers Council and the Fusengbuwa Ruling House.

The ruling house was specifically advised to await further directives from the government regarding the continuation of the selection process.

The development has temporarily stalled the succession process to the highly respected Awujale throne, as the government reviews the situation to ensure a peaceful, transparent and credible outcome.

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