Edo State House of Assembly, yesterday, passed the 2025 budget of N675 billion, with an increase of about N70 billion. Governor Monday Okpebholo had earlier presented a budget estimate of N605.7 billion for consideration. The passage followed the adoption of the report of the House Committee on Budget and Project Monitoring at plenary. Presenting the report, the chairman of the …

The Civil Society Legislative Advocacy Centre (CISLAC) has expressed serious concerns regarding the 2025 Federal Budget of Restoration, urging the Federal Government to prioritize transparency, accountability, and alignment with the needs of Nigerians. In a statement by its Executive Director, Auwal Ibrahim Musa (Rafsanjani), CISLAC cautioned against budget padding and the inclusion of questionable allocations, such as funds designated for …

The 2023 Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has criticised the 2025 budget proposal, accusing President Bola Tinubu of making the same borrowing mistakes by his predecessor, Muhammadu Buhari. Atiku, who X-rayed the budget, asserted that it lacked the structural reforms and fiscal discipline needed to address Nigeria’s complex economic challenges. In a statement on Sunday, …

The Federal Government has allocated a total of N6,364,181,224 billion for the renovation and rehabilitation of the residential quarters of President Bola Tinubu, Vice President Kashim Shettima, and some of their aides in the 2025 budget proposal. According to an analysis by Sunday PUNCH’s analysis of the proposed allocation, contained in the 2025 Appropriation Bill presented to the National Assembly, …

The Federal Government has allocated a sum of N27 billion for the entitlements of former presidents, vice-presidents, heads of state, chiefs of staff, retired heads of service, and professors in the 2025 fiscal year, according to Saturday PUNCH. Beneficiaries of this allocation include former Presidents Olusegun Obasanjo, Goodluck Jonathan, and Muhammadu Buhari, alongside ex-vice-presidents Atiku Abubakar, Namadi Sambo, and Prof. …

President Bola Tinubu will present the 2025 Appropriation Bill to the National Assembly on Tuesday, the Senate President, Godswill Akpabio, has disclosed. Akpabio made this known during the announcement at the Thursday plenary on the floor of the Senate. He said, “The president has made his intention known to the National Assembly to present the 2025m budget to the joint …

It is expected of responsible governments to draw impetus from Section 14(2) of the Nigerian Constitution, which states: “The security and welfare of the people shall be the primary purpose of government”. Fitting into that mould is the Lagos State Government, which primes crime prevention and environmental safety in its capital city. This time last year, for instance, the state …

The National Assembly has refuted social media claims that President Bola Tinubu will present the 2025 budget to a joint session on Wednesday. In a statement issued on Tuesday, the Secretary of Research and Information at the National Assembly, Dr. Ali Umoru, described the reports as false. He urged the public to disregard the information, emphasizing that the legislative body …

The Senate has stated that President Bola Tinubu will likely present the 2025 budget this week. According to the Senate spokesperson, Yemi Adaramodu (APC, Ekiti South), the Finance Committee will meet with the Ministries, Departments, and Agencies on Monday. He said, “The President would likely present the 2025 budget this week or in earnest. “The Senate Committee on Finance is …

Tourism and creative sector is about to take a huge leap forward in Lagos. The sector, with other key economic areas, will gulp a chunk in the State’s expenditures in the 2025 fiscal year. Governor Babajide Sanwo-Olu laid bare what would be priorities of the Lagos State Government in the coming year as he presented the State’s 2025 budget to …