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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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NAF Jilli Airstrike: Bomb Don’t Know Who’re Terrorists

Multiple sources said that the fighter jet that carried out the operation was tracking a group of suspected insurgents believed to have visited the market to collect levies from traders and obtain supplies. However, the strike reportedly missed its intended target

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No fewer than 56 people, mostly traders, are feared dead, while 14 others have been hospitalized following an airstrike on a weekly market along the Borno–Yobe border.

The incident occurred at Jilli Market, located between Gubio and Geidam Local Government Areas of Borno and Yobe states, on Saturday.

The airstrike was carried out during a military operation targeting suspected Boko Haram insurgents.

The weekly market usually attracts traders and buyers from surrounding communities, including Gubio, Chiweram, and Benisheikh in Borno State, as well as Gurokayeya and Geidam in Yobe State.

Multiple sources said that the fighter jet that carried out the operation was tracking a group of suspected insurgents believed to have visited the market to collect levies from traders and obtain supplies. However, the strike reportedly missed its intended target

.An eyewitness said at least 56 people have been confirmed dead, while 14 others are receiving treatment at the Specialist Hospital in Geidam, Yobe State.

“The incident happened around 2:46 p.m. while business activities were ongoing. Four fighter jets carried out the attack, though the fourth jet was not clearly visible. We only heard the sound of explosions.

“I counted 56 corpses myself and helped rescue two injured people, taking them to the hospital. I believe the number of casualties may be higher, as more bodies are still being recovered,” the source said.

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NUPENG Braces Up for Leaderships Change

Former National Chair of PTD-NUPENG and National Trustees of the union, Salimon Oladiti will be elected as president of NUPENG in Lagos.

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The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) will, on April 24, elect a new president.

Incumbent President, Williams Akporeha, announced his exit date at the weekend during the Quarterly National Executive Council meeting of Petroleum Tanker Drivers Branch, PTD-NUPENG in Warri, Delta State.

Former National Chair of PTD-NUPENG and National Trustees of the union, Salimon Oladiti will be elected as president of NUPENG in Lagos.

The election of Oladiti will mark the first time in NUPENG a member of the PTD branch will be president.

During the meeting, Zonal Chair of PTD-NUPENG in Port Harcourt, Joseph Okafor, moved the motion for unanimous ratification of Oladiti for president, seconded by Adekunle Akinlaja of Lagos zone.

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FG Unmasks 60 Persons and Corporates Behind Terrorism Financing, Order Banks To Freeze Their Accounts

The updated sanctions list is part of a crackdown on financial networks supporting extremist groups, particularly following investigations into Bureau De Change (BDC) operators and other entities.

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The Federal Government on Saturday released a list of 48 individuals and 12 corporate entities allegedly linked to terrorism financing in Nigeria, as part of ongoing efforts to curb the funding of extremist activities.

The Federal Government also directed financial institutions to freeze all accounts and assets associated with these individuals and firms.

The list, published on the website of the Nigeria Sanctions Committee (NIGSAC), disclosed the nationalities of those named, their specific roles, and the terrorist groups they were allegedly connected to.

The Nigeria Sanctions Committee (NIGSAC) operates under the authority of the Office of the National Security Adviser (ONSA), which coordinates its activities within the national security framework.

Its core mandates include the implementation of United Nations sanctions—particularly those targeting terrorism financing—ensuring compliance with international obligations, and facilitating coordination among agencies such as financial intelligence, defense, and foreign affairs.

Those named in the latest released include Abdulsamat Ohida, Mohammed Sani, Abdurrahman Abdurrahman, Fatima Ishaq, Tukur Mamu, Yusuf Ghazali, Muhammad Sani, Abubakar Muhammad, Sallamudeen Hassan, Adamu Ishak, Hassana Isah, Abdulkarim Musa, Umar Abdullahi, Abdurrahman Ado, Bashir Yusuf, Ibrahim Alhassan, Muhammad Isah, Salihu Adamu, Surajo

Mohammad, Fannami Bukar, Muhammed Musa, Sahabi Ismail, Mohammed Buba, Jama’atu Wal-Jihad, Ansarul Sudan (ANSARU), Islamic State West Africa Province (ISWAP), Indigenous People of Biafra (IPOB), Yan Group, Yan Group NLBDG, Adamu Hassan, Hassan Mohammed, Usman Abubakar, Kubara Salawu, Rabiu Suleiman, Simon Njoku, Godstime Iyare, Francis Mmadubuchi, John Onwumere, Chikwuka Eze, Edwin Chukwuedo, Chiwendu Owoh, Ginika Orji, Awo Uchechukwu, Mercy Ali, Ohagwu Juliana, Eze Okpoto, Nwaobi Chimezie, and Ogumu Kewe.

The entities listed include West and East Africa General Trading Co. Ltd, Settings Bureau De Change Ltd, G. Side General Enterprises, Desert Exchange Ventures Limited, Eagle Square General Trading Co. Ltd, Alfa Exchange BDC, Alin Yar Yaya General Enterprises, K. Are Nigeria Limited, Suhailah Bashir General Enterprises, Igwe Ka Ala Enterprises, Seficuvi Global Company, and Lakurawa Sect.

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