News
Reps to scrutinise N6.2tn supplementary budget – Spokesman
The N6.2tn 2024 supplementary budget transmitted to the National Assembly on Wednesday by President Bola Tinubu is targeted at critical infrastructure including education, healthcare, and the welfare of Nigerians among others, the Deputy Spokesman of the House of Representatives, Philip Agbese, has said.
Agbese, who stated this in an interview with journalists in Abuja on Friday, also pledged the readiness of the parliament to subject the supplementary budget to a thorough and rigorous review.
He said, “The 2024 supplementary budget, totalling ₦6.2tn, aims to fund critical infrastructure projects, education, healthcare access, and public welfare initiatives.
“The budget is divided into two main components: ₦3.2tn for renewed hope infrastructure projects and other critical infrastructure projects across the country, and ₦3tn to meet further recurrent expenditure requirements necessary for the proper operation of the Federal Government.
“We will scrutinise every bit of the budget proposal to ensure that ultimately each kobo is well utilized and that the budget is in the best interest of our constituents.
”Agbese, who represents Ado/Ogbadigbo/Okokwu Federal Constituency of Benue State, assured that the legislative body will engage with stakeholders, conduct public hearings, and scrutinise the executive bill to ensure that it serves the best interests of Nigerians.
“We will not compromise on our commitment to transparency and accountability. We will take the time to get it right, and we are confident that the result will be a budget that benefits all Nigerians.
“We have a good working relationship with the Senate, and we are confident that we can work together to pass the supplementary budget promptly.
“We will work together to ensure that the budget is passed with the necessary scrutiny and oversight,” he added.
He assured that the House will not rush the process, but will take the time necessary to ensure that the supplementary budget is passed with the necessary scrutiny and legislative inputs.
The lawmaker acknowledged the Chairman of the House Committee on Appropriations, Abubakar Bichi, for changing the dynamics in the country’s budgetary process, saying, “His commitment to transparency and accountability has been exemplary, and his leadership has ensured that the committee is working diligently to scrutinise the budget proposal.
“Bichi’s vast experience in budgetary matters has been invaluable to the committee, and his dedication to ensuring that the budget serves the best interests of Nigerians is commendable.
We appreciate his efforts and look forward to working with him to ensure a thorough and transparent review process.”
News
BREAKING: President Tinubu Signs Electoral Act Amendment Bill into Law Ahead of 2027 Polls
President Bola Tinubu on Wednesday, February 18, 2026, signed the Electoral Act, 2022 (Repeal and Re-Enactment) Bill 2026 into law at the Presidential Villa, Abuja, around 5:00 p.m., finalizing sweeping changes to Nigeria’s electoral framework just days after the National Assembly passed the harmonized version and following the Independent National Electoral Commission’s (INEC) release of the 2027 election timetable.
The ceremony was attended by principal officers of the National Assembly, marking a swift assent to the legislation that repeals the 2022 Act and enacts fresh provisions to govern federal, state, and FCT elections.
Key highlights of the new law include a hybrid approach to result transmission: mandatory electronic upload of polling unit results to INEC’s IReV portal where feasible, with manual collation retained as a fallback option in cases of network failures, technical glitches, or other disruptions a provision that sparked intense debate and opposition protests during legislative proceedings.
The Senate’s passage on Tuesday featured a dramatic division vote on Clause 60(3), with 55 lawmakers supporting the retention of the manual proviso against 15 opponents, largely from opposition parties.
The House of Representatives saw rowdy sessions, opposition walkouts, and chants of “APC, ole” (thief) in protest over what critics called a dilution of full electronic transmission.
Other notable amendments include adjustments to election timelines (reducing the mandatory notice period to align with the 2027 calendar, avoiding overlaps with Ramadan), provisions on party primaries (emphasizing direct primaries while allowing consensus in some cases), and clarifications aimed at enhancing procedural efficiency for the February 20, 2027 presidential and National Assembly elections, and March 6 gubernatorial and state assembly polls.
The signing has reignited nationwide controversy. Opposition figures and civil society organizations have condemned the hybrid transmission clause as a step backward from transparency gains in the 2022 Act, warning it could enable manipulation and erode public trust. Former INEC Resident Electoral Commissioner Mike Igini had urged Tinubu not to assent, describing the bill as a “recipe for chaos” that favors elites over voters.
Supporters, including ruling APC lawmakers, argue the changes provide necessary flexibility for Nigeria’s diverse terrain and infrastructure challenges, ensuring elections proceed smoothly even in remote or poorly connected areas.
INEC is expected to issue guidance on implementing the new provisions soon, as preparations intensify for the 2027 general elections.
The development follows months of legislative back-and-forth, public hearings, and heated plenary sessions, underscoring deep divisions over electoral integrity in Africa’s most populous democracy.
President Tinubu’s swift assent has drawn mixed reactions on social media and among stakeholders, with calls for judicial challenges already emerging from critics who view the law as undermining the push for fully digital, tamper-proof elections.
News
Gas Leaks Kill 37 Miners in Plateau, 25 Hospitalised
The miners were said to have inhaled the gas while carrying out their activities underground. Most of the victims were young men between the ages of 20 and 35 who had been engaged in routine mining operations at the time of the incident.
At least 37 miners have reportedly died after being exposed to carbon monoxide while working at an underground mining site in Zurak, Wase Local Government Area of Plateau State.
Eyewitnesses said the incident occurred in the early hours of Tuesday as the miners were extracting zinc.
During the operation, toxic gas reportedly filled the tunnels, leading to a collapse within the mining site.
The miners were said to have inhaled the gas while carrying out their activities underground. Most of the victims were young men between the ages of 20 and 35 who had been engaged in routine mining operations at the time of the incident.
Twenty-five other miners who survived the exposure have been taken to a nearby health facility, where they are currently receiving medical treatment.
Confirming the incident, the Executive Chairman of Wase Local Government Area, Hamisu Anani, described the deaths of the young men as worrisome and tragic, especially as they occurred during the holy month of Ramadan, when many Muslims are fasting and praying.
He stated that the mining site has been secured to prevent further casualties and to enable investigators to determine the exact cause of the gas leak.
He also appealed to the state and federal government to come to the aid of the victims and their families, noting that the incident has left a painful impact on the community.
The member representing Wase State Constituency said efforts are ongoing to support the victims, while investigations into the incident continue.
News
UBA UK targets closing $100bn Africa trade gaps
UBA will leverage its Pan-African network and London operations to unlock capital, strengthen correspondent banking relationships and support African corporates and SMEs in accessing international trade opportunities.
UBA UK’s newly appointed CEO, Loknath Mishra, says that the bank is working hard to close Africa’s $100 billion trade finance shortfall by connecting more African businesses to global markets.
Mishra affirmed this during an appearance on Arise TV’s Global Business Report this week.
“UBA will leverage its Pan-African network and London operations to unlock capital, strengthen correspondent banking relationships and support African corporates and SMEs in accessing international trade opportunities,”he said.
According to him, the global trade order is changing, and supply chains are being rewritten and Africa is increasingly becoming a reliable and strategic partner.
He emphasised that UBA has a significant role to play in ensuring Africa is connected to the globe, and UBA UK plays a critical role in providing hard-currency liquidity, structured trade finance and settlement services through London’s financial infrastructure.
He highlighted that several international banks are retreating from African markets, even as trade across the continent is projected to grow faster than in many other regions.
He noted that the bank’s presence across 20 African countries enables UBA to connect buyers and sellers seamlessly, while UBA UK ensures efficient foreign currency settlement and international trade structuring.
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