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.
News
BREAKING: Grandson of Chief Obafemi Awolowo, Olusegun Awolowo, is dead.
The grandson of Late Chief Obafemi Awolowo, known as Olusegun Awolowo is dead.
His passing was announced today by the Awolowo family in a statement.
The statement reads:
Statement on the Passing of Olusegun Awolowo
“With extremely heavy hearts, we announce the passing of our beloved husband, father and grandfather- Olusegun Awolowo.
“He was the world’s most phenomenal husband, father and grandfather — steady, wise, endlessly loving, and the constant anchor of our family.
A painfully loyal servant to Nigeria, he dedicated his life to the service of his country with vision, integrity, passion, and unwavering commitment.
He was a true family man, a great friend, a wonderful servant of God, and a deeply beautiful human being.
“He loved his family.
He loved his work.
He loved his country.
And he lived every day with purpose, humility, and a generous spirit that touched everyone who knew him.
“We are shattered by this loss, but forever grateful for his life, his legacy, and the love he poured into all of us. May his gentle soul rest in perfect peace.”
The statement added that “THE FAMILY WILL RECEIVE CONDOLENCES AT HIS RESIDENCE BETWEEN 2 – 4 PM DAILY.”
Crime
UPDATE: Nnamdi Kanu to face Life imprisonment
……Kanu’s Lawyer Ejimakor reveals next move after court judgment
Nnamdi Kanu’s legal team has vowed to appeal his life imprisonment sentence, insisting that the judgment delivered by Justice James Omotosho of the Federal High Court “does not hold water.
”Speaking to reporters shortly after the verdict, Kanu’s lawyer, Aloy Ejimakor, a consultant on the case, said they would take the matter to the Court of Appeal.
Ejimakor questioned the basis of the conviction, arguing that a man cannot be jailed for mere spoken words.
“What kind of precedent is being laid here? We are heading to the Court of Appeal,” he said.
“The Court of Appeal is the next forum in this country that sits as a jury. We will approach the justices to review what happened today, and we are confident they will see this as a travesty of justice.
”He added that if the Court of Appeal rules against them, they would proceed to the Supreme Court.
“Nnamdi Kanu is not going to stand convicted. The decision will be overturned,” he said.Ejimakor criticised the ruling as inconsistent with the evidence presented.
“This is the only day I have witnessed a man being convicted for mere pronouncements, for what he said, not for any act he committed.
“The sentence is overbroad, cruel, and unusual. How can someone be convicted for a broadcast from a location that was never named, without linking it to any act of violence or terrorism?,” he questioned.
Crime
BREAKING: (UPDATED ) Court Sends Nnamdi Kanu Back to Jail for Life
The Federal High Court in Abuja has sentenced the leader of the Indigenous People of Biafra, Nnamdi Kanu, to life imprisonment.
The presiding judge, Justice James Omotosho, handed down the sentence on counts one, four, five, and six, opting for life imprisonment instead of the death penalty.
The court said it was satisfied that Kanu made series of broadcasts to incite violence and killings, in furtherance of his separatist agitation for Biafra.
Trial Justice James Omotosho based his decision on what he described as “uncontroverted evidence” that was adduced before the court by the prosecution.
-
News2 days agoCourt Shifts Trial of Ansaru Terrorist Suspects to January 2026
-
News2 days agoPresident Tinubu Postpones Trip to G20 Summit Because of Country’s Insecurity
-
Entertainment2 days agoA Day I Will Never Forget : How bandits attacked our school – Student
-
News2 days agoLP’s Senator Okey Ezea is Dead
-
Politics2 days agoPolice Seals PDP WADATA House with Barbwires
-
News2 days agoSGF Akume’s Tributes to Dan Agbese
-
Business3 days agoLagos N200b bond oversubscribed by 55% at N310Billion
-
Entertainment3 days agoMr Jollof’s Brawl with VDM: ” I’m Very Sorry…It’ll Never Happen Again “
