News
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.
City FM 105.1, Lagos’ leading lifestyle radio station, has announced the official press conference for its flagship annual event.
Praise in the City 2025 (PITC 2025) – a premier gospel music concert, worship experience, and family funfair.
The press conference is scheduled for Wednesday, December 17, 2025, at 12 noon at the Radisson Blu Hotel, Ikeja GRA, Lagos.
Since launching in 2015, Praise in the City has evolved into the largest Christmas concert on the Lagos Mainland, attracting over 4,000 families each year for an uplifting atmosphere of worship, thanksgiving, and community bonding. Held annually on Boxing Day (December 26), the free event has become a beloved tradition for families seeking a meaningful and joyous end-of-year celebration.
As a key pillar of City FM’s Corporate Social Responsibility (CSR) efforts, Praise in the City extends beyond music to embody the spirit of giving. The event includes sharing gifts, meals, and joy with the less privileged, fostering unforgettable memories and social impact across Lagos.
“Praise in the City 2025: Celebrating its 10th anniversary as the largest annual praise concert and family funfair on the Lagos mainland.”
The 2025 edition promises an exciting lineup of renowned gospel artists, including:
Bidemi Olaoba, Tope Alabi, Mike Abdul, Testimony Jaga, Yinka Alaseyori, BJ Sax, Laurence and the Covenant, Lilian Nneji, Tosin Alao, Tony Adoki, and many more.
Music curation will be led by DJ Gosporella, joined by City FM’s resident DJs DJ OMG and DJ Gee Lincon, delivering a dynamic mix of praise, worship, and celebratory gospel vibes.
The press conference will reveal detailed program highlights, the full ministerial lineup, family-oriented activities, and City FM’s long-term vision for Praise in the City as a platform promoting faith, unity, and community outreach – especially meaningful as this marks the event’s 10th anniversary.
City FM extends a warm invitation to media representatives, partners, stakeholders, and the public to join the press conference and contribute to the excitement leading up to this milestone celebration.
News
Supreme Court rules Tinubu has the constitutional power to declare a state of emergency
The judgment followed a suit instituted by states governed by the Peoples Democratic Party, challenging the declaration of a state of emergency in Rivers State by President Bola Tinubu, during which elected state officials were suspended for six months.
The Supreme Court, on Monday,upheld that President Bola Tinubu has the constitutional power to declare a state of emergency in any state to prevent a breakdown of law and order or a descent into chaos and anarchy.
The judgment delivered today, December 15, 2025, by Justice Mohammed Idris; held that Section 305 of the 1999 Constitution empowers the President to adopt extraordinary measures to restore normalcy where a state of emergency has been declared.
The judgment followed a suit instituted by states governed by the Peoples Democratic Party, challenging the declaration of a state of emergency in Rivers State by President Bola Tinubu, during which elected state officials were suspended for six months.
In a ruling of six to one, the apex court upheld the President’s authority under the Constitution to proclaim a state of emergency.
The court further held that, during such a period, the President may suspend elected officials, provided any such suspension is for a limited duration.
He noted that the provision does not specify the exact nature of those extraordinary measures, thereby vesting the President with discretion on how to act in such circumstances.
The Supreme Court had reserved judgment in the matter in October.
The plaintiffs were the Attorneys-General of PDP-controlled states, while the defendants were the Federal Government and the National Assembly.
A private jet operated by Flybird has reportedly crash-landed at the Malam Aminu Kano International Airport in the early hour of today.
The aircraft, was said to be flying from Abuja, and landed around 9:30 a.m with 11 people on board, including three crew members.
Reports says passengers were quickly and safely evacuated from the plane, and no deaths were reported.
More details are expected to come in later.
See video below:
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