Budget
1 day ago
The Kogi State government has allocated ₦3 billion for the remodelling of the Government House in its 2025 budget, surpassing the ₦2.2 billion spent on the same project in 2024 while setting aside only ₦350 million for the construction and rehabilitation of schools and hospitals. A review of the state’s 2025 approved budget revealed that…
4 days ago
President Bola Tinubu on Friday signed a budget of N54.99 trillion for the 2025 fiscal year, assuring that his government sees light of progress in Nigeria with the strategic reforms being implemented. “Today, we see a light at the end of the tunnel. We can see signs of progress,” Tinubu said during the signing ceremony…
14 Feb
The Zamfara State government has strongly rejected a recent online report by Sahara Reporters that it claims misrepresents the state’s security spending. In a statement issued by Sulaiman Bala Idris, spokesperson to Governor Dauda Lawal, the government dismissed the report—titled “Amid Insecurity, Zamfara Govt Spends ₦30 Million On Internal Security, ₦3.6 Billion On International Travels…
14 Feb
The Human Rights Writers Association (HURIWA) has questioned the rationale behind the unprecedented increase of the 2025 budget to N54.99 trillion by the National Assembly. The increase sparked widespread concern, with many Nigerians awaiting further clarification from the government and the National Assembly on the justification for the hike. However, the budget was passed on…
13 Feb
The House of Representatives on Thursday passed the 2025 Appropriation Bill, raising the total estimates by N700 billion from the proposed N54.2 trillion to 54,990,165,355,396. In the bill passed, the sum of N3,645,761,358,925 was earmarked for statutory transfers, N14,317,142,689,548 for debt servicing, N13,064,009,682,673 for recurrent expenditure while N23,963,251,624,250 only is for contribution to the Development…
13 Feb
The House of Representatives on Thursday set in motion the move to pass the N54.2 trillion 2025 budget as the Committee on Appropriations presented its report for consideration. The House will, in an hour, consider the report of the 2025 budget, which will be presented by the Chairman of the Committee on Appropriation, Abubakar Bichi.…
12 Feb
Mr Silas Dung, the Chairman of Jos South Local Government Area (LGA) of Plateau, on Wednesday presented N11.4b as appropriation bill for the 2025 fiscal year to the council’s Legislative Arm. Dung, who tagged the bill “Budget of Restoration”, said that it is aimed at rebuilding the LGA toward better service delivery. He explained that…
11 Feb
WaterAid Nigeria on Tuesday begun a two-day capacity building on inclusive participatory budget training and tracking for officials of Ojodu and Ikorodu North Local Council Development Areas (LCDAs) and WASHCOM Federation. The News Agency of Nigeria (NAN) reports that the training is supported by Cummins, PEPSICO Foundation and the Church of Jesus Christ of Latter…
7 Feb
The House of Representatives is in support of President Bola Tinubu's proposal to the National Assembly to increase the 2025 budget proposal from N49.7trillion to N54.2trillion, given prospects of additional revenue from key government agencies. The Senate President, Godswill Akpabio and the Deputy Speaker of the House of Representatives, Benjamin Kalu, who presided over plenary…
5 Feb
The Federal Government on Wednesday explained that the increase of the 2025 budget from N49.7 trillion to N54.2 trillion is to have more revenue to strengthen the Bank of Agriculture (BOA), and Bank of Industry (BOI) and to support the diversification programme by putting more money in the solid minerals sector as well as infrastructure…
5 Feb
Akwa Ibom State has allocated ₦1 billion for purchasing and maintaining vehicles for lawmakers in its 2025 budget, while the healthcare sector received only ₦250 million in capital expenditure. A review of the budget document shows that the government plans to procure 26 vehicles for House of Assembly members, alongside six vehicles for unit and…
3 Feb
French Prime Minister Francois Bayrou will on Monday try to force through his government's budget without a vote using a controversial