Peter Obi, presidential candidate of the Labour Party in the 2023 elections, has criticised the federal government for omitting a “non-existent” North Central Development Commission (NCDC) from the 2025 budget proposal. In a post published on X, Obi said the omission of the north-central commission undermines the need for balanced development and peace in the…
As the National Assembly begins deliberations in the 2025 budget presented by President Tinubu on Wednesday, December 18, a member of the House of Representatives, Bello El-Rufai, has called on Ministries, Departments and Agencies to stop buying new vehicles and cutleries every year. Speaking on the floor of the house on Thursday, December 19, El-Rufai…
Nigeria’s president and vice president would be spending a total of N9.36 billion on refreshments and local and foreign trips, the 205 appropriation bill has shown. President Bola Tinubu had on Wednesday presented the N4.97 trillion bill to lawmakers of the National Assembly for passage. The bill has since passed its second reading. However, details…
Comrade Abubakar Mahmud, leading presidential aspirant of National Association of Nigerian Students (NANS) has commended President Bola Tinubu over allocation of N3.5 trillion for education sector in 2025 budget. In a press release sighted by our correspondent, Comr Mahmud described the move as a new dawn in the educational system of the country. The press…
A sum of N15.81 trillion has been allocated for debt servicing in the 2025 Appropriation Bill presented to the joint sitting of the National Assembly by President Bola Ahmed Tinubu. Defence and Security tops the sectoral allocations in the N47.9 trillion budget presented by the President on Wednesday. The President disclosed this while giving a…
President Bola Tinubu says the 2025 budget forecasts that inflation will decline from current 34.6% to 15% next year. He said this during his presentation of the N47.9 trillion 2025 budget proposal to a joint session of the National Assembly on Tuesday. The President also said that the exchange rate will improve from approximately N1,700…
The Senior Special Assistant to President Bola Tinubu on Students Engagement, Hon. Comrade Asefon Sunday Dayo has lauded Mr President over allocation of N3.5 trillion to the education sector in the 2025 budget. GISTSMATE MEDIA reported that security and defence, infrastructure, health and education were some of the sectors with high allocations in the N47.9tn…
Security and defence, infrastructure, health and education were some of the sectors with high allocations in the N47.9tn Budget Proposal presented by President Bola Tinubu before a joint session of the National Assembly on Wednesday afternoon. “It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025…
Members of the National Assembly reaffirmed their support for President Bola Ahmed Tinubu during his arrival at the House of Representatives chamber on Wednesday for the presentation of the 2025 budget. The President arrived at the green chamber around 12:25 pm, where he was warmly received by lawmakers from both the Senate and the House…
The federal government is set to extend the implementation of the 2024 budget till 30 June, 2025. The Senate President, Godswill Akpabio announced this on Wednesday at the presentation of the 2025 budget. In his speech, Mr Akpabio announced that the National Assembly has commenced the process to extend the budget implementation till June 2025….