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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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IGP Disu Wears New DIGs Insignia

Disu, during the ceremony today urged the new Deputy Inspectors-General of Police to uphold discipline, integrity and professionalism in the discharge of their duties.

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• IGP Tunji Disu

The Inspector-General of Police, Olatunji Disu has decorated the newly promoted senior officers at the Nigeria Police Force Headquarters in Abuja .

Disu, during the ceremony today urged the new Deputy Inspectors-General of Police to uphold discipline, integrity and professionalism in the discharge of their duties.

He said the elevation to the rank of Deputy Inspector-General of Police was not merely the wearing of new insignia but a recognition of years of dedicated service and a call to greater responsibility in the leadership of the force.

Disu emphasised that the rank represents one of the highest levels of professional trust within the police and demands wisdom, courage and a strong commitment to justice and service.

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BREAKING: Court of Appeal Upholds Federal High Court Ruling Halting PDP’s Ibadan National Convention

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In a major ruling that deepens the ongoing leadership crisis in Nigeria’s main opposition party, the Court of Appeal in Abuja has affirmed the decision of the Federal High Court restraining the Peoples Democratic Party (PDP) from proceeding with its controversial National Convention held in Ibadan, Oyo State, on November 15-16, 2025.

A three-member panel of the appellate court, led by Justice Mohammed Danjuma, delivered a unanimous judgment on Monday dismissing the appeal filed by the Tanimu Turaki-led faction of the PDP.

The court upheld the October 31, 2025, ruling by Justice James Omotosho of the Federal High Court, which barred the Independent National Electoral Commission (INEC) from recognizing, validating, or accepting the outcome of the Ibadan convention.

The Appeal Court held that the PDP’s decision to proceed with the convention violated key provisions of the Nigerian Constitution, the Electoral Act, INEC’s guidelines on party primaries and conventions, and the PDP’s own Constitution.

It emphasized that the Federal High Court’s intervention was justified to prevent illegality and to protect the rights of excluded delegates from over 14 states where congresses had not yet been conducted.

The panel further criticized INEC for failing to adequately monitor the party’s processes as required by law. In a related aspect of the judgment, a fine of ₦2 million was imposed on the Turaki-led faction.

Rejecting arguments from the appellants that the matter was purely an intra-party affair outside judicial jurisdiction, the Court of Appeal ruled that violations of constitutional provisions, the Electoral Act, or a political party’s constitution confer jurisdiction on the courts.

This decision marks the first in a series of nine consolidated appeals stemming from the PDP’s protracted internal crisis, which pits the Turaki faction against a rival caretaker leadership aligned with FCT Minister Nyesom Wike and headed by Abdulrahman Mohammed.

The appeals challenge multiple Federal High Court rulings that halted the Ibadan convention and recognized the caretaker committee.

The ruling represents a significant victory for the Wike-aligned faction and could have far-reaching implications for the PDP’s leadership structure, upcoming elections, and INEC’s recognition of the party’s national officers.

Further judgments in the remaining appeals are expected later today or in the coming days as the Court of Appeal continues its sittings on the consolidated cases.

The PDP has yet to issue an official reaction, though sources indicate the Turaki faction may pursue further appeals to the Supreme Court.

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IWD: My greatest investments are my three daughters – Otedola

Tolani is a singer, Florence a renowned disc jockey and Temi is an actress and fashion blogger.

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“My greatest investments are my three daughters who make me proud every day. Happy International Women’s Day my angels,” wrote the billionaire businessman, Femi Otedola.

His three daughters are Tolani, Florence (DJ Cuppy) and Temi.

The Chairman of First Holdco Plc stated this in an X post on Sunday to commemorate International Women’s Day.

The billionaire’s daughters are high flyers in various areas of personal endeavour. Tolani is a singer, Florence a renowned disc jockey and Temi is an actress and fashion blogger.

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