President Bola Tinubu has asked the National Assembly to increase the proposed 2025 budget from N49.7 trillion to N54.2 trillion, an increase of N4.5 trillion over that present the President last December. President Tinubu’s request was contained in a letter read by Senate President Godswill Akpabio on the floor of the red chamber on Wednesday. Last year, the Senate and …

The Peoples Democratic Party (PDP) in Ondo State has criticised Governor Lucky Aiyedatiwa over the recently signed 2025 state budget, labelling it a “budget of looting” due to what it described as wasteful and dubious allocations. Governor Aiyedatiwa signed the N698.6 billion budget into law a week after its passage by the state House of Assembly. The budget allocates N265.04 …

The Senate Committee on Information and National Orientation on Tuesday described the N8.9 billion 2025 budget allocation to the Federal Ministry of Information and National Orientation as inadequate. Consequently, the committee summoned the Minister of Budget and Economic Planning, Atiku Bagudu, to appear before it for consultations on increasing the ministry’s budget allocation. The Chairman of the Committee, Kenneth Eze …

The Senate on Thursday took on the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, over how much the Federal Government has saved and spent since the removal of fuel subsidy in June 2023. Edun, who appeared before the Senate for the defence of the 2025 budget, was also taken to task on how much the Federal …

The Lagos State N3.366 trillion 2025 appropriation bill, signed into law by Governor Babajide Sanwo-Olu on Thursday, has once again shown that the Centre of Excellence continues to prove its worth and mettle as a pacesetter for the rest of the federating units. Just like the previous year, the 2025 Appropriation Bill represents a 32.5 per cent increase over the …

Borno State Governor, Prof. Babagana Zulum has signed the state’s 2025 appropriation bill into law. It is valued at about N615.8 billion. The governor assented to the bill on Monday during a brief ceremony at the Council Chamber of Government House in Maiduguri, the state capital. While assenting to the budget named ‘Budget of Recovery and Continuity’, Zulum promised to …

The Federal Government has allocated a total sum of N7,940,323,192 to the Defence Industries Corporation of Nigeria (DICON) in the 2025 Appropriation Bill, to revamp the nation’s arms production capabilities. Established in 1963 to manufacture weapons locally, DICON’s performance has been repeatedly questioned as Nigeria continues to rely heavily on foreign countries for arms and ammunition. Successive administrations have promised …

Rivers State Governor, Siminalayi Fubara, has signed the state’s 2025 budget worth N1.1 trillion into law. The budget, christened ‘Budget of Inclusive Growth and Development,’ was presented before the Victor Oko-Jumbo-led State House of Assembly on 30 December, 2024. This was disclosed by the governor via his X handle on Thursday. Fubara appreciated the lawmakers for their unwavering commitment to …

Governors Ademola Adeleke (Osun), Usman Ododo (Kogi), Lucky Aiyedatiwa (Ondo), Dapo Abiodun (Ogun) and Biodun Oyabanji (Ekiti) have signed their respective 2025 appropriation bills into law, setting the stage for transformative development in their states. Governor Ademola Adeleke signed the “Budget of Sustainable Growth and Transformation”, totaling N427.75 billion, during a ceremony at the Governor’s Office in Abere. Adeleke emphasised …

Governor Ahmed Aliyu of Sokoto State has signed the 2025 appropriation bill into law, reiterating his commitment to delivering more developmental projects and improving the lives of citizens across the state. During the signing ceremony on Friday, the governor described the implementation of the 2024 budget as a resounding success, emphasising his administration’s resolve to build on the achievements recorded …