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Tinubu
Headlines

Breaking: Tinubu signs N54.99trn 2025 budget into law

by Folarin Kehinde February 28, 2025
written by Folarin Kehinde

President Bola Ahmed Tinubu on Friday signed the ₦ 54.99 trillion 2025 appropriation bill into law at the presidential villa in Abuja.

The bill, which was passed in separate sessions by the two Chambers of the National Assembly on Thursday, February 13, after increasing it from the initial figures of N49.7 trillion submitted by President Tinubu, was signed in a brief ceremony in the President’s office.

The 2025 Appropriation Act represents a 99.96% increase from the 2024 Budget of N27.5 trillion.

The key breakdown of the 2025 budget is as follows: Total Expenditure: ₦54.99 trillion; Statutory Transfers: ₦3.65 trillion; Recurrent (Non-Debt) Expenditure: ₦13.64 trillion; Capital Expenditure: ₦23.96 trillion; Debt Servicing: ₦14.32 trillion; Deficit-to-GDP Ratio: 1.52%.

Details loading…

February 28, 2025 0 comments
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Headlines

‘In 2027 we’ll see who is relevant and who is not’, El-Rufai boasts

by Folarin Kehinde February 25, 2025
written by Folarin Kehinde

A former governor of Kaduna State has slammed those claiming that he has become politically irrelevant ahead of the 2027 election.

Speaking on an Arise Television’s interview, the former Federal Capital Territory Minister, said he has no business discussing about the forthcoming election at the moment.

He said, “Those that say I am relevant or not relevant in Kaduna, I don’t comment on that. Let us wait. In 2027 we will see who is relevant and who is not.”

Further addressing the ongoing investigation of his administration by the Kaduna State government, El-Rufai berated the lawmakers of the House of Assembly for failing to invite him for questioning.

He said the lawmakers breached the principles of fair hearing for not inviting him to address some of the allegations raised on the missing N423 billion in his state.

“I read the report of the state House of Assembly where they said that N423 billion was siphoned. There is nowhere in the report where they tabulated that N423billion. Money doesn’t disappear these days.

“The state assembly recommended that I should be investigated by the ICPC and the EFCC. I told my guys to calm down. We responded and said that this is nonsense. Kaduna State earned about N900 billion in the eight years I was in office. Now N423billion disappeared. I will like to see where it is,” El-Rufai stated.

February 25, 2025 0 comments
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Headlines

Tinubu approves establishment of Sports University in Edo

by Folarin Kehinde February 11, 2025
written by Folarin Kehinde

President Bola Ahmed Tinubu has approved the bill to establish the Federal University of Sports, Afuze, Edo State.

This was disclosed in a statement by Samson Akhanieme, Chief Press Secretary, Office of the Leader, House of Representatives on Tuesday, February 11, 2025.

The statement described the development as a testament to the National Assembly’s commitment to promoting education and sports development in Nigeria.

The statement while commending the President for his prompt action on the bill, equally acknowledged the efforts of Professor Julius thonvbere, Member representing Owan Federal Constituency, for his tireless advocacy and commitment to the passage of the bill.

The statement reads partly: “…This landmark achievement is a testament to the National Assembly’s commitment to promoting education and sports development in Nigeria.

“The Federal University of Sports, Afuze, Edo State (Establishment) Act, 2025, will provide a world-class platform for Nigerian youths to excel in sports and academics, thereby enhancing the country’s competitiveness in international sports competitions, boost sports business, promote specialized training and also create jobs.

“The House Leader commends the President for his prompt action on the bill, which demonstrates his administration’s dedication to the growth and development of Nigeria’s education and sports sectors. We acknowledge the rigorous legislative process that the Bill underwent in the National Assembly, and particularly the efforts of Prof. Julius thonvbere, Member representing Owan Federal Constituency, for his tireless advocacy and commitment to the passage of the bill.

“The establishment of the Federal University of Sports, Afuze, Edo State, is a significant milestone in Nigeria’s educational landscape, and we are confident that it will have a profound impact on the country’s sports development and youth empowerment,

“Once again, we express our sincere gratitude to the President for his assent to this vital bill.

February 11, 2025 0 comments
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Headlines

BREAKING: Tinubu orders ministers to render account

by Folarin Kehinde February 11, 2025
written by Folarin Kehinde

President Bola Tinubu has ordered all ministers in his administration to give account of their stewardship to Nigerians with immediate effect.

Minister of Information and National Orientation, Mohammed Idris, announced the presidential order at a news conference in Abuja on Tuesday.

The minister said the briefing by the ministers is to enable Nigerians to know what the government has done and to ask questions.

Details later…

February 11, 2025 0 comments
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Tinubu
Headlines

JUST IN: Tinubu Needed to Borrow, Buy New Presidential Jet Worth N150 billion – Presidency

by Folarin Kehinde February 11, 2025
written by Folarin Kehinde

The Presidency has justified President Bola Tinubu’s decision to purchase a new presidential jet, worth around N150 billion, despite public outcry and widespread poverty.

Aside from the purchase of a new presidential jet, the government have been criticised for continuing in the habit of borrowing despite improved income.

According to Daniel Bwala, the President’s Special Adviser on Policy Communication, the new jet is necessary for the president’s global travels.

The government had last year unveiled a new Airbus A330 purchased for the President. The new jet, it was revealed, replaced the 19-year-old Boeing B737-700(BBJ) bought during the administration of former President Olusegun Obasanjo.

Asked for the justification of the purchase in Arise Television’s The Morning Show program on Tuesday, Bwala explained that the previous jet had frequent problems.

He said, “As for the purchase of the presidential jet, it’s justifiable because for the president to travel around the world, he would need a better jet.

“I understand that when Buhari was in power, occasionally his jet had problems that needed to be fixed.

“And with respect to appointment, you appoint to meet a purpose, if there is a need to appoint people you will appoint, where the trouble will come is when you appoint people and they are not effective.”

The presidential spokesman also addressed concerns about the administration’s borrowing policy. Bwala stated that borrowing is justified when funds are used for infrastructural development. He noted that Nigeria’s limited resources require borrowing to meet the government’s mandate.

His words, “When I made the decision to support the president, I decided to pay attention to his policies and doing research. In doing so I decided to look at where there failure, I tried to know why.

“For example, there was a time we had food inflation and I tried to look at what actually is the cause of the food inflation and I realized there was natural disaster in Borno, Yobe, and Adamawa, while we have insecurity in the Northwest.

“The research is to find reason for whatever is the policy and where there is a misinterpretation of the policy, we will come out and give our perspective. Government is a work in progress, there is nothing magical about what I said before and what I’m saying now .

“As opposition, I opposed the government and now I speak for the government.

“The government borrows and there is a justification for borrowing. Before now, I never cared about whatever is the justification but now I realize that for the government to be able to carryout it’s mandate for the people with limited resources, it needs to borrow.

“I will give you an example, there is a research by economics that only infrastructure alone, Nigeria needs to spend between 30 to 100 billion dollars annually in other to meet up with the deficit. Or in proper perspective, over a period of 30 years, Nigeria must spend between two to three trillion dollars.

“The budget of Nigeria is less than 35 trillion dollars, so definitely you see the need to borrow, when you borrow what do you do with it is what matters. The government borrow for infrastructure and intervention in the areas where it affects Nigerian people, so there is a justification for borrowing.”

February 11, 2025 0 comments
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President Tinubu
Headlines

OFFICIAL! Tinubu renames UNIABUJA, Sack VC dissolve Governing Council

by Folarin Kehinde February 6, 2025
written by Folarin Kehinde

President Bola Ahmed Tinubu has implemented significant leadership changes at several federal universities, including the renaming of the University of Abuja to Yakubu Gowon University.

The changes are effective immediately, marking a notable shift in the leadership structure of these institutions.

This was revealed in a statement by the Special Adviser to the President on Information & Strategy, Mr. Bayo Onanuga.

He wrote: “President Bola Ahmed Tinubu has announced significant leadership changes at several federal universities, including the University of Abuja, now known as Yakubu Gowon University.

“These changes are effective immediately.

“At Yakubu Gowon University, President Tinubu dissolved the entire governing council and relieved Professor Aisha Sani Maikudi of her duties as Vice-Chancellor.

“Senator Lanre Tejuoso, currently Pro-Chancellor of the University of Agriculture, Makurdi, has been appointed Pro-Chancellor of the Yakubu Gowon University. He will be succeeded in Makurdi by Senator Joy Emordi, now pro-chancellor of Alvan Ikoku University of Education.

“To succeed Maikudi, President Tinubu appointed Professor Lar Patricia Manko as Acting Vice Chancellor at the Yakubu Gowon University for a six-month term. She will not be eligible to apply for the substantive Vice Chancellor position when it becomes available.

“In addition, President Tinubu has removed Professor Polycarp Emeka Chigbu from his position as Acting Vice-Chancellor at the University of Nigeria, Nsukka (UNN), before his tenure ends on February 14.

“Professor Oguejiofu T. Ujam has been appointed as his successor for six months and will not be eligible to apply for the permanent position.

“The leadership changes at UNN extend to the role of Pro-Chancellor, with Gen. Ike Nwachukwu reassigned to Pro-Chancellor at the University of Uyo. President Tinubu appointed Engineer Olubunmi Kayode Ojo as the new Pro-Chancellor of UNN. Previously, Ojo held the same position at the Federal University of Lokoja and the Federal University of Oye-Ekiti.

“Professor Zubairu Tajo Abdullahi, currently the Pro-Chancellor of the University of Uyo, has been appointed to succeed Ojo at the Federal University of Lokoja.

“Senator Sani Stores is the new Pro-Chancellor of Alvan Ikoku University of Education, succeeding Senator Joy Emordi. Senator Stores is a Council Member at the University of Nigeria, Nsukka.

“Additionally, Barrister Olugbenga Kukoyi, a current Council Member at the University of Nigeria, Nsukka, has been appointed the new Pro-Chancellor of Nnamdi Azikiwe University in Awka, Anambra State.

February 6, 2025 0 comments
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Entertainment

Former Tinubu’s minister joins Nollywood

by Folarin Kehinde February 6, 2025
written by Folarin Kehinde

Uju Kennedy-Ohaneye, former minister of women’s affairs and social development, has made an official comeback to Nollywood.

Leading reporters earlier reported that President Tinubu had in October, 2024 sacked Kennedy-Ohanenye alongside four other ministers from his cabinet.

Following her exit from office, the 51-year-old politician who previously featured in Nollywood movies such as ‘Saving My Marriage’, ‘Hunting the Angel’, ‘Royal Ploy’, and ‘The Cow Girls’ has now ventured into acting, releasing her latest project.

Taking to the microblogging platform, X formerly Twitter on Wednesday, the politician, announced the release of her latest movie, titled ‘Hatred’.

February 6, 2025 0 comments
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Headlines

BREAKING: Tinubu urges NASS to increase 2025 Budget to N54.2trn

by Folarin Kehinde February 5, 2025
written by Folarin Kehinde

President Bola Ahmed Tinubu on Wednesday urged the National Assembly to increase the N49.7 trillion 2025 budget to N54.2 trillion.

Tinubu’s letter of request was read by Senate President Godwill Akpabio during plenary.

Tinubu attributed the need for the increase to additional revenues generated by key government agencies.

President Bola Ahmed Tinubu on Wednesday urged the National Assembly to increase the N49.7 trillion 2025 budget to N54.2 trillion.

Tinubu’s letter of request was read by Senate President Godwill Akpabio during plenary.

Tinubu attributed the need for the increase to additional revenues generated by key government agencies.

Akpabio also assured that the budget would be reviewed and passed before the end of February.

February 5, 2025 0 comments
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Tinubu
Headlines

Tinubu rejects bill to establish university of education in Adamawa

by Folarin Kehinde February 4, 2025
written by Folarin Kehinde

President Bola Ahmed Tinubu has declined assent to a bill for the establishment of Federal University of Education, Numan, Adamawa State.

He conveyed the decision in a letter addressed to the Speaker, House of Representatives, Abbas Tajuddeen, read by his Deputy, Benjamin Kalu, who presided over the plenary on Tuesday.

President Tinubu, while explaining his reasons for declining assent to the bill, stated, among others, that, Section 22 of the bill accords the authority on the disposal of land to the governor and not the President as it ought to be by law in respect of land belonging to a Federal Government entity in the case of universities.

Kalu added that President Tinubu also said in the letter that, the proposal on the Award of Degree by the proposed institution was omitted in Section 25(b).

The House had passed a Bill for the Establishment of Federal University of Education Numan in Adamawa State last year and forwarded it to the President for Assent.

February 4, 2025 0 comments
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Headlines

BREAKING: Tinubu signs North-Central Development Commission Bill into law

by Folarin Kehinde February 4, 2025
written by Folarin Kehinde

President Bola Tinubu has signed a bill creating the North-Central Development Commission (NCDC).

The Senate President, Senator Godswill Akpabio, announced the signing of the bill today in the Senate chamber.

Details later…….

February 4, 2025 0 comments
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