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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
Food Inflation : Rural Nigerians Suffer More, says NBS
Looking at the movement, Rural inflation rate in March 2026 was 17.22% on a year-on-year basis, while on a month-on-month basis, the Rural inflation rate in March 2026 was 6.73%, up by 6.02% compared to February 2026 (0,71%).
The National Bureau of Statistics (NBS) March 2026 headline inflation reports indicate that people in rural Nigerian suffer hardship more than those in the urban areas.
In the month under review headline inflation rate rose to 15.38% from the 15.06% recorded in February.
Looking at the movement, Rural inflation rate in March 2026 was 17.22% on a year-on-year basis, while on a month-on-month basis, the Rural inflation rate in March 2026 was 6.73%, up by 6.02% compared to February 2026 (0,71%).
However, on a year-on-year basis, in March 2026, the Urban inflation rate was 14.64%.
On a month-on-month basis, the Urban inflation rate was 3.16% in March 2026, up by 0.61% compared to February 2026 (2.55%).
The corresponding twelve-month average for the Urban inflation rate was 20.04% in March 2026. This was 0.06% points lower compared to the 20.10% reported in March 2025.
News
Northern Cleric Warns Christians Against Hostile Religious Exchanges on Social Media
The Northern Christian Association has cautioned Nigerians and believers against engaging in hostile religious arguments, saying no Christian can defend God through insults or abusive exchanges.
Chairman of the association, Joseph Hayab, gave the warning in a statement issued in Kaduna, urging Christians, especially youths and clergy, to exercise restraint amid growing religious provocations on social media.
He noted many online debates presented as defence of the faith are contrary to biblical teachings and risk deepening religious divisions.
Hayab described such engagements as vain and unprofitable arguments, warning that they often lead to strife and ungodliness.
The cleric further stressed that Christians must not respond to provocation with hostility, even when their faith is ridiculed.
He maintained that God, being omnipotent, does not require human defence through verbal attacks.
Hayab further warned that using abusive language in the name of defending the faith undermines the core message of love and peace in Christianity.
He added that such actions weaken the moral authority of the Christian faith and misrepresent its true values.
The Christian body insists that with social media platforms increasingly becoming arenas for religious confrontations, the association is urging Christians to shun divisive engagements and uphold peaceful coexistence.
News
FG Drops Terrorism Financing Charges Against Malami and Son
At the Federal High Court in Abuja the prosecution formally withdrew the original five-count charge of alleged terrorism financing and unlawful possession of firearms that was filed by the Department of State Services.
The Federal Government has withdrawn the allegations of terrorism financing against former Attorney-General of the Federation, Abubakar Malami, and his son, Abdulaziz Malami.
The charges were dropped Wednesday in court, leaving only counts related to unlawful possession of firearms.
At the Federal High Court in Abuja the prosecution formally withdrew the original five-count charge of alleged terrorism financing and unlawful possession of firearms that was filed by the Department of State Services.
Prosecutor, Chief Akinlolu Kehinde, SAN, who is representing the current Attorney-General of the Federation, told the court that the government has filed a fresh amended five-count charge dated 14th April.
Former Minister Abubakar Malami and his son, Abdulaziz, took a fresh plea before Justice Joyce Abdulmalik. Both defendants pleaded not guilty to all the amended counts.
The court admitted them to bail on the same terms previously granted and adjourned the matter to the 26th of May and 15th of June for the commencement of trial.
This latest twist significantly narrows the case against the former chief law officer of the federation and his son.
In the former charge Malami was accused of knowingly abetting terrorism financing by allegedly refusing to prosecute suspected terrorism financiers whose case files were forwarded to his office as AGF (around November 2022), in breach of the Terrorism (Prevention and Prohibition) Act, 2022.
The other charges in the previous five counts:
In December 2025, at their home in Kebbi State, they allegedly possessed without a license a Sturm Magnum 17-0101 firearm, 16 live Redstar AAA 5’20 cartridges, and 27 expended cartridges. This is framed as conduct in preparation for an act of terrorism under the Terrorism Act and Firearms Act.
AMENDED CHARGES
COUNT ONE
THAT YOU Abubakar Malami, Adult, Male, and Abdulaziz Abubakar Malami, Adult, Male, sometime in December, 2025, at Geeze Phase II Area, Birnin Kebbi LGA, Kebbi State, within the jurisdiction of this Honourable Court, did engage in preparation to commit acts of terrorism by having in your possession and without license, a Sturm Magnum 17 – 0101 firearm, Sixteen (16) Redstar AAA 5’20 live rounds of Cartridges and Twenty-Seven (27) expended Redstar and thereby committed an offence contrary to and punishable under Section 29 of the Terrorism (Prevention and Prohibition) Act, 2022.
COUNT TWO
THAT YOU, Abubakar Malami, Adult, Male, and Abdulaziz Abubakar Malami, Adult, Male, sometime in December, 2025, at Geeze Phase II Area, Birnin Kebbi LGA, Kebbi State, within the jurisdiction of this Honourable Court did conspire amongst yourselves in preparation to commit acts of terrorism by having in your possession and without a license a Sturm Magnum 17 – 0101 firearm, Sixteen (16) Redstar AAA 5’20 live rounds of Cartridges and Twenty-Seven (27) expended Redstar, contrary to Section 26 (1) of the Terrorism (Prevention and Prohibition Act) 2022 and punishable under Section 26 (3) (a) and (b) of the Terrorism (Prevention and Prohibition Act) 2022.
COUNT THREE
THAT YOU Abubakar Malami, Adult, Male, and Abdulaziz Abubakar Malami, Adult, Male, sometime in December, 2025, at Geeze Phase II Area, Birnin Kebbi LGA, Kebbi State within the jurisdiction of this Honourable Court, without a license, did have in your possession a Sturm Magnum 17 – 0101 firearm and thereby committed an offence contrary to Section 3 of the Firearms Act, CAP F28, Laws of the Federation of Nigeria, 2004 and punishable under Section 27 (1) (a) (i) of the Firearms Act, CAP F28, Laws of the Federation of Nigeria, 2004.
COUNT FOUR
THAT YOU, Abubakar Malami, Adult, Male, and Abdulaziz Abubakar Malami, Adult, Male, sometime in December, 2025, at Geeze Phase II Area, Birnin Kebbi LGA, Kebbi State within the jurisdiction of this Honourable Court, without a license, did have in your possession Sixteen (16) Redstar AAA 5’20 live rounds of Cartridges and thereby committed an offence contrary to Section 8 (1) (b) (ii) of the Firearms Act, CAP F28, Laws of the Federation of Nigeria, 2004 and punishable under Section 27 (1) (a) (i) of the Firearms Act, CAP F28, Laws of the Federation of Nigeria, 2004.
COUNT FIVE
THAT YOU, Abubakar Malami, Adult, Male, and Abdulaziz Abubakar Malami, Adult, Male, sometime in December, 2025, at Geeze Phase II Area, Birnin Kebbi LGA, Kebbi State within the jurisdiction of this Honourable Court, without a license, did have in your possession Twenty-Seven (27) expended Redstar AAA 5’20 live rounds of Cartridges and thereby committed an offence contrary to Section 8 (1) (b) (ii) of the Firearms Act, CAP F28, Laws of the Federation of Nigeria, 2004 and punishable under Section 27 (1) (a) (i) of the Firearms Act, CAP F28, Laws of the Federation of Nigeria, 2004.
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