Connect with us

News

N54.2 trillion budget: Peter Obi questions Tinubu govt on transparency, accountability

Published

on

517 Views

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

IGP Disu, ICRC seek financing of 3,000 new police stations

The Infrastructure Concession Regulatory Commission has identified the need for 3,000 new police stations, 1,000 new prisons, and 170 new barracks—a scale of investment that necessitates PPPs, DFIs, and capital market instruments.

Published

on

By

28 Views

The Inspector-General of Police, Olatunji Disu, and the Infrastructure Concession Regulatory Commission (ICRC) called for the establishment of 3,000 new police stations across the country.

They made the call at Infrastructure Dialogue 2026, a programme organised for entrepreneurs by Deutsche Partners Holding , held yesterday in Abuja, emphasising that the existing security infrastructure is grossly inadequate for Nigeria’s growing population.

Represented by the Commissioner of Police in charge of Works, Obiora Oranwusi, the IGP stated that the Nigeria Police Force currently operates only about 2,000 police stations nationwide, a figure he said cannot effectively serve a population of more than 200 million people.

IGP Disu told the gathering that the scale of the country’s security infrastructure deficit requires urgent intervention through public-private partnerships, development finance institutions and capital market instruments.

He said, “The Infrastructure Concession Regulatory Commission has identified the need for 3,000 new police stations, 1,000 new prisons, and 170 new barracks—a scale of investment that necessitates PPPs, DFIs, and capital market instruments.

“As of today, we have only about 2,000 police stations nationwide. These deficits directly affect operational effectiveness and must be addressed through sustainable financing models.

“The Police is undergoing a strategic reorientation—one that positions us as a proactive enabler of national development.

Our mandate extends beyond crime response; it encompasses the creation of a stable, predictable environment in which legitimate enterprise can flourish.”

Continue Reading

News

FG Launches Data-Driven Initiative to Tackle Out-of-School Crisis

Published

on

32 Views

The Federal Government has reaffirmed its commitment to strengthening Nigeria’s education system through the National Education Data Initiative (NEDI), describing accurate data as a critical tool for improving planning, transparency, and service delivery in the sector.

Officials say the initiative aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu, especially in the areas of human capital development and social investment.

Speaking at the workshop, government representatives noted that the initiative is being advanced through the Renewed Hope Social Impact Interventions of the Federal Ministry of Women Affairs and Social Development.

They explained that improving access to credible educational information would help strengthen accountability and ensure better educational outcomes for Nigerian children.

Participants stressed the strong link between education, family stability, child protection, and national development, noting that every educated child contributes to a stronger and more prosperous society.

The workshop also coincides with activities marking the International Day of Families and preparations for the 2026 National Children’s Day celebration.

Officials described the workshop as more than a technical engagement, saying it serves as a platform for collaboration towards building an inclusive, responsive, and people-centred education system.

According to them, properly identifying, supporting, and educating children remains essential to achieving peace, productivity, and sustainable national growth.

Also speaking at the event, the Minister of Interior, Olubunmi Tunji-Ojo, emphasized the importance of data in solving national challenges, particularly in education and correctional services.

He said that data-driven policies had helped the Ministry of Interior significantly reduce the number of inmates in correctional facilities since 2023, and explained that reliable statistics revealed underlying social issues affecting inmates, including poverty and food insecurity, adding that proper analysis and understanding of problems are necessary for lasting solutions.

Ojo however described education as the foundation for national development and called for broad support for the NEDI initiative to help build a new Nigeria.

Continue Reading

News

Tinubu Appoints Adedayo Benjamin Laniyi as DG/CEO of Maryam Babangida National Centre for Women Development

Published

on

33 Views

President Bola Ahmed Tinubu, GCFR, has approved the appointment of Ms. Adedayo Benjamin Laniyi as the Director-General and Chief Executive Officer of the Maryam Babangida National Centre for Women Development (MBNCWD).

The President also constituted the Governing Council of the Centre for an initial term of four years.

According to a statement from the Office of the Secretary to the Government of the Federation, the appointment takes effect from April 18, 2026, in line with the provisions of Section 7 (1) and (3) of the National Centre for Women Development (Amendment) Act, 2023.

The letter conveying the appointment was signed by the Secretary to the Government of the Federation, Senator George Akume, CON.

Governing Council Members

President Tinubu approved the following as members of the Governing Council:

  • Princess Joan Jummai Idonije — Chairman
  • Ms. Lois Auta — Member
  • Hon. Jamila Sarki — Member
  • Aisha Baiyee — Member
  • Hon. Jumoke Okoya-Thomas — Member
  • Hon. Princess Anne Agom-Eze — Member

President Tinubu congratulated Ms. Adedayo Benjamin Laniyi and all members of the Governing Council on their appointments and wished them success in their new roles.

Continue Reading

Trending