Nigeria Breaking News

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2025 Budget Revised: N54.9 Trillion Approved with Key Adjustments

2025 Budget Revised: N54.9 Trillion Approved with Key Adjustments

The National Assembly has recalibrated the 2025 budget, making key adjustments to expenditure allocations while maintaining the overall budget size at N54.9 trillion. This decision, announced on Tuesday, follows a motion presented by Senator Adeola Olamilekan and Hon. Abubakar Kabir, chairpersons of the respective appropriations committees, citing the need for accuracy and alignment with national …

2025 Budget: Senate Rejects Information Ministry’s Budget, Demands Increased Funding

The Senate Committee on Appropriations has emphatically rejected the Federal Ministry of Information and National Orientation’s 2025 budget proposal, labeling it woefully inadequate. This decisive action, announced by Committee Chairman Senator Kenneth Eze during the Minister, Mohammed Idris’s budget defense, underscores the critical need for increased government support for public communication and national orientation. Senator …

2025 Budget: Labour Minister Seeks Budget Boost for National Skills Development Initiative

The Minister of Labour and Employment, Muhammad Maigari Dingyadi, has called for an urgent increase in budgetary allocation, stating that the current N46 billion allocation falls short of achieving the ministry’s ambitious employment generation targets for 2025. In a decisive move to address Nigeria’s mounting unemployment challenges, Dingyadi presented his case before both the House …

Fire Service Budget Defense Halted Amid Discrepancies, Lawmakers Demand Transparency

The Federal Fire Service (FFS) faced a significant setback Friday when the National Assembly Joint Committee on Interior abruptly halted its budget defense session. Lawmakers committee, co-chaired by Senator Adams Oshiomhole and House of Representatives counterpart Abdullahi Aliyu Ahmed, expressed deep concern over glaring discrepancies in the agency’s 2025 budget proposal and its 2024 performance. …

Ajaokuta Steel Project: Lawmakers Grill Minister Over Fresh Audit, Budget Irregularities

The Joint National Assembly Committee on Steel Development has expressed serious concerns over glaring irregularities within the Ministry of Steel Development’s 2024 budget. During a recent budget defense session, committee members, led by co-chairperson Zainab Gimba, highlighted significant issues, including allocations for vague “capacity-building programs” and “skills training initiatives” with no discernible evidence of execution or …

ICYMI: Senate Projects ₦100 Trillion Budget for 2026 Amid Revenue Challenges

The Nigerian Senate has projected a staggering N100 trillion aggregate expenditure for the 2026 fiscal year. This ambitious figure was revealed by Senator Solomon Ademola, Chairman of the Senate Committee on Appropriation, during a stakeholders’ interactive session on the 2025 Appropriation Bill. This revelation and projection towards the 2026 budget underscores the government’s ambitious plans …