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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
NESREA Probes Mysterious Cloud-Like Substance on Kaduna-Abuja Expressway (Images)
Nigeria’s National Environmental Standards and Regulations Enforcement Agency (NESREA) has commenced an urgent investigation into a strange white, foamy, cloud-like substance that appeared along the busy Kaduna-Abuja Expressway.

The unusual substance drew crowds and sparked widespread online speculation, with some initially mistaking it for “fallen clouds.” NESREA has warned residents and motorists to avoid the area, describing it as a suspected chemical spill possibly linked to a truck accident.
Agency officials from the Kaduna State Field Office visited the site, collected samples of the foam, soil, and nearby water for laboratory analysis to determine its composition and potential environmental or health risks.

Further updates are expected as tests continue. Motorists are advised to exercise caution on the expressway.
News
President Trump Writes President Tinubu, Lauding His Decisive Leadership Against Terrorists
“It is a true honour to stand with you in the fight against these terrorists and to make the Federal Republic of Nigeria stronger and more prosperous.”
US President Donald Trump has lauded President Bola Ahmed Tinubu for his decisive leadership against terrorism.
In a letter to President Tinubu, President Trump applauded Tinubu’s resolve “to tackle the issues plaguing Nigeria, especially the violence affecting Christian communities.”
According to Trump: “It is a true honour to stand with you in the fight against these terrorists and to make the Federal Republic of Nigeria stronger and more prosperous.”
The US-Nigeria relationship flourished in recent times, with the two sides working closely in key areas, especially in tackling security challenges afflicting parts of Nigeria.
In November last year, President Trump and President Tinubu agreed to establish a Joint Working Group co-headed by the National Security Advisers of Nigeria and the United States.
Through the work of the working group, the two sides agreed on several steps, including training, intelligence sharing, and joint operations to roll back terrorist activities.
A highlight of the collaboration was the May 16 coordinated attack on ISIS hideouts in the Lake Chad area, which led to the killing of the group’s top leader, Abubakar Al-Minoki, and many of his lieutenants.
Last week, the US Assistant Secretary of State for Africa, Frank Garcia, visited Abuja, where he held meetings with senior government officials and pledged to strengthen the cooperation between Abuja and Washington DC in security and other areas of collaboration.
Full text of the letter dated July 6, 2026: Dear Mr President, “Thank you for your thoughtful letter. Your kind words mean a great deal to me, and I appreciate your decisive leadership on behalf of the Nigerian people.
I applaud your resolve to tackle the issues plaguing your nation, especially the violence affecting Christian communities and it is a true honor to stand with you in the fight against terrorists and to make the Federal Republic of Nigeria stronger and more prosperous.
“The United States-Nigeria relationship is crucial at a time where conflict has spread across West Africa and around the world. We both share a mutual goal of confronting terrorism in all its forms, and our historic US-Nigeria 2026 Defence Cooperation Roadmap has established a robust framework to accomplish this feat.
“I am proud to have deployed the United States Special Operations Forces—among the most elite military units anywhere in the world—to equip the brave men and women in the Armed Forces of Nigeria with the skills, tools and intelligence they need to protect your homeland and ensure the safety and security of citizens, particularly those of faith who have been under attack. I look forward to our continued discussions over the course of my Presidency.
” Sincerely, Donald J. Trump, President of the United States of America.
News
Excitement as Tinubu approves new army battalion for Kwara
The battalion will be located in Omu Aran, headquarters of Irepodun Local Government Area, and is expected to boost troop deployment and military operations, particularly in areas affected by kidnappings and bandit attacks.
Kwara State Governor AbdulRahman AbdulRazaq, disclosed that President Bola Ahmed Tinubu has approved the establishment of a new Army battalion in the State to strengthen security and tackle banditry, kidnapping and other violent crimes.
In a statement issued on Tuesday by his Deputy Chief Press Secretary, Mashood Agboola, Governor AbdulRazaq, said that the battalion will be located in Omu Aran, headquarters of Irepodun Local Government Area, and is expected to boost troop deployment and military operations, particularly in areas affected by kidnappings and bandit attacks.
He described the approval as another demonstration of the Federal Government’s commitment to addressing security challenges in the state.
The governor thanked President Tinubu for approving the new military formation, saying it would strengthen ongoing counterterrorism and anti-kidnapping operations.
“We are confident the new battalion will greatly strengthen counterterrorism and anti-kidnapping operations,” he said.
AbdulRazaq also commended the Chief of Army Staff, Lt.-Gen. Waidi Shaibu, for the swift processing of the request, and appreciated the Office of the National Security Adviser and other security agencies for their efforts to combat violent crime.
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