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
Commotion In National Assembly Over Fire Outbreak
It took the swift intervention of senator Asuquo Ekpenyong from Cross River South and Senator Salihu Mustapha to quench the fire building up in the kitchen compartment of the Senate hearing room 107.
Image: National Assembly, Abuja
A fire outbreak in the Senate wing of the National Assembly was quickly put out on Wednesday; stopping it from spreading any further.
It took the swift intervention of senator Asuquo Ekpenyong from Cross River South and Senator Salihu Mustapha to quench the fire building up in the kitchen compartment of the Senate hearing room 107.
The Senate Committee on Niger -Delta Development Commission, NDCC chaired by Senator Ekpenyong had just concluded the screening exercise of Dr. Zainab Marwa as the member representing, Northeast on the board of the commission when smoke from the fire rapidly covered the scene of incident.
It was subsequently gathered that the fire emanated from a micro-wave left on in the kitchen.
In the brief commotion; Senator Ekpenyong’s swift intervention ensured that the fire was quickly put out.SOT
News
President Tinubu Commissions new EFCC office in Ekiti
Earlier, EFCC Chairman Ola Olukoyede described the commissioning of the Ekiti Zonal Directorate as a landmark development that would enhance the Commission’s presence and effectiveness in the region.
• EFCC Ekiti Office commission by Vice President Kashim Shettima, Tuesday, June 9, 2026.
President Bola Ahmed Tinubu has commissioned the new Economic and Financial Crimes Commission (EFCC) Zonal Directorate office in Ado-Ekiti.
Represented by Vice President Kashim Shettima at the commissioning ceremony on Tuesday, President Tinubu said that the state-of-the-art facility reflects the Federal Government’s commitment to strengthening institutions responsible for fighting corruption and economic crimes.
The President commended EFCC Chairman, Ola Olukoyede, as well as the management and staff of the Commission for their efforts in enhancing the agency’s operational capacity and expanding its reach across the country.
According to him, the new office will improve the Commission’s effectiveness in tackling corruption, financial crimes and related offences, while bringing anti-graft operations closer to the people of Ekiti and Ondo States.
Earlier, EFCC Chairman Ola Olukoyede described the commissioning of the Ekiti Zonal Directorate as a landmark development that would enhance the Commission’s presence and effectiveness in the region.
He noted that the facility would help close operational gaps in the Commission’s coverage of Ekiti and Ondo States while improving engagement with local communities in the fight against corruption.
An Improvised Explosive Device (IED) exploded on the Anka-Bagega road on Tuesday, killing one person and injuring seven others.
The blast struck a commercial Volkswagen Golf 3 Wagon carrying passengers travelling from Bagega village to Anka town. One passenger died on the spot, while the seven injured victims are receiving treatment at a primary healthcare facility in Bagega.
The explosion also caused significant damage to the vehicle, sparking fresh security concerns among commuters using the route.
This incident comes barely a month after a similar IED explosion occurred along the same road.
Zamfara State Commissioner of Police, Ahmad Bello, confirmed the attack. He said joint security forces have been deployed to assess the situation, clear the affected area, and restore normalcy on the route.
Commotion In National Assembly Over Fire Outbreak
You’re looking for campaign funds — Okonkwo reacts to Obi’s N5bn defamation suit
Bamidele tasks 11th Senate to consider single term for President, govs
Tech Expert, Zuckerberg trains with UFC champions, Adesanya, Alexander
Organ Trafficking: Ekweremadu bags 10 years in UK prison
SAINT OBI: Between his marriage and his death
-
News3 days agoCourt Voids ₦110bn N’Assembly Vehicles, Allowances
-
News3 days agoFG Clears Five-Month Allowance Arrears for University Lecturers
-
News3 days agoLagos Begins 500-Tree Campaign to Tackle Extreme Heat
-
Politics2 days ago2027: Lagos APC picks Damilola as Hamzat ‘s Deputy Governor
-
Politics3 days agoNDC Declares Party Supremacy, Approves Code of Conduct Committee
-
Entertainment3 days agoNigerian-British Singer Talay Riley Dies in London Stabbing, Others Mourn
-
Business2 days agoFederal Ministry of Finance Releases Funds to Over 1,240 Local Contractors
-
News2 days agoBREAKING: Three Feared Dead, Several Injured as Train Derails in Agbor, Delta State