FG to Spend N8.52tn on Salaries, N16.33tn on Debt Servicing in 2025 The Federal Government will allocate N8.52 trillion for salaries and pensions in 2025, a 59% increase from 2024’s N5.35 trillion. Salaries alone will cost N7.54 trillion, reflecting a sharp rise from N4.79 trillion last year. Debt servicing will take N16.33 trillion, surpassing the … Read more
Court Grants Yahaya Bello N500m Bail in N110bn Money Laundering Case The Federal Capital Territory High Court has granted former Kogi State Governor Yahaya Bello bail in his ongoing N110 billion money laundering trial. Justice Maryanne Anenih set the bail at N500 million, requiring three sureties with properties in Abuja’s prime districts, including Maitama, Jabi, … Read more
Olukemi Badenoch Faces Criticism from Nigeria’s Leaders Over Patriotism Nigerian-born Olukemi Badenoch, leader of Britain’s opposition Conservative Party, has sparked strong reactions from Nigerian authorities. The Nigerians in Diaspora Commission accused her of ignoring their outreach, while Vice President Kashim Shettima criticized her harshly for speaking negatively about Nigeria. He even suggested she consider changing … Read more
Tinubu’s N49.8 Trillion Budget Targets Economic Transformation in 2025 President Bola Tinubu has unveiled a N49.8 trillion budget for 2025, focusing on infrastructure and capital investments to drive economic recovery. The government allocated N16 trillion, representing 52% of non-debt spending, to critical projects aimed at fixing structural inefficiencies and boosting productivity. The budget prioritizes transportation, … Read more
Ebonyi and South-East leaders canceled a birthday lecture and book launch planned for Oyo Governor Seyi Makinde. The event, scheduled in Abakaliki, was called off after 35 children died in a tragic incident in Ibadan on Wednesday. Governor Makinde and his Ebonyi counterpart, Francis Nwifuru, were set to attend. Former Senator Ben Obi was billed … Read more
President Bola Tinubu takes center stage as he pushes Nigeria toward an ambitious economic recovery plan aimed at slashing inflation from 34% to 15% by 2025. Tanimu Yakubu, Director General of the Budget Office, firmly stated that the president’s reforms are already setting the stage for a significant turnaround. Speaking on Arise Television, Yakubu highlighted … Read more
Federal Capital Territory (FCT) Minister Nyesom Wike has revoked Certificates of Occupancy (C-of-O) for 762 plots of land in Maitama 1 District and other prime areas of Abuja. This sweeping action has thrown prominent figures, including the Speaker of the House of Representatives, Abbas Tajudeen, and major organizations into turmoil as they scramble to address … Read more
The National Assembly has adjourned its plenary sessions for the Christmas and New Year celebrations. Senate President Godswill Akpabio announced the adjournment during Thursday’s plenary, confirming that both the Senate and the House of Representatives will reconvene on 14 January 2025. During his remarks, Mr. Akpabio emphasized the importance of ongoing legislative duties. He stated … Read more
In a devastating turn of events, the Ibadan funfair tragedy has left at least 35 minors dead, with six others in critical condition after a deadly stampede at the Islamic High School, Bashorun. The Oyo State Police Command confirmed the shocking toll, revealing that the victims, mostly children, were attending the funfair organized by Prophetess … Read more
In an effort to alleviate the economic hardship plaguing Nigerians, members of the House of Representatives have raised N704 million, sourced from a 50% salary contribution over the past five months. This initiative, aimed at supporting vulnerable members of society, was announced by Speaker Tajudeen on December 19, 2024. However, questions have arisen over the … Read more