Politics
Budget crisis: NASS extends 2025 fiscal year to March
The approval followed marathon plenary sessions in both chambers, culminating in the passage of the Appropriation Act (Repeal and Re-enactment) Bills for the 2024 and 2025 fiscal years, transmitted to the legislature by President Bola Ahmed Tinubu last Friday.
At the Senate, the revised budgets were approved after the adoption of a consolidated report of the Committee on Appropriations, presented by its chairman, Senator Solomon Adeola (Ogun West).
The exercise, lawmakers said, was designed to align Nigeria’s budget architecture with current fiscal realities, address implementation gaps and restore discipline to the budgeting process.
Presenting the report, Adeola explained that the core objective of the bills was to repeal earlier budget provisions and replace them with revised figures that reflect prevailing revenue constraints, debt sustainability concerns and emerging national priorities.
According to him, the 2024 Appropriation Act was repealed from the original N35.005 trillion and re-enacted with an aggregate expenditure of N43.561tn, with details covering statutory transfers, debt servicing, recurrent and capital expenditure fully captured in the committee’s report.
On the 2025 fiscal year, Adeola disclosed that the earlier N54.99tn Appropriation Act was repealed and replaced with a revised total expenditure of N48.316tn, noting that part of the capital expenditure was rolled over into the 2026 fiscal year due to funding constraints highlighted during the presidential budget presentation.
He revealed that extensive engagement between the committee and the economic management team informed the decision to repeal and re-enact the budgets, particularly to address concerns around revenue performance, debt exposure and effective implementation.
Highlighting key adjustments, Adeola said an additional N8.5tn was injected into the capital component of the 2024 budget to fund special interventions in response to security, humanitarian and economic emergencies facing the country.
He added that the revised framework was structured to balance responsiveness with fiscal responsibility, ensuring that debt-related spending does not erode legislative oversight or fiscal prudence.
For the 2025 budget, the committee observed that N6.674tn was removed from the capital allocation and deferred to the 2026 fiscal year to enhance budget effectiveness in anticipation of improved revenue inflows.
Adeola also warned against the continued practice of running multiple budget cycles concurrently, stressing that extending the lifespan of one budget while another is already in force undermines fiscal discipline, transparency and accountability.
Based on these findings, the committee recommended that the Senate approved the repeal and re-enactment of the 2024 Appropriation Act to authorise total expenditure of N43.5tn from the Consolidated Revenue Fund, alongside the revised N48.3tn framework for the 2025 fiscal year, and extend the implementation of the 2025 budget to March 31, 2026.
Meanwhile, the House of Representatives also passed the revised N43.56tn 2024 budget and the N48.31tn 2025 budget after considering and adopting the report of its Committee on Appropriations.
The passage followed clause-by-clause consideration of the estimates at the Committee of Supply and their subsequent approval at plenary presided over by the Speaker, Rt. Hon. Tajudeen Abbas.
A breakdown of the revised 2024 budget shows that N1.74tn was earmarked for statutory transfers, N8.27tn for debt servicing, N11.26tn for recurrent (non-debt) expenditure, while N22.27tn is allocated to capital expenditure and development fund contributions for the fiscal year ending December 31, 2025.
For the revised 2025 budget, N3.64tn is provided for statutory transfers, N14.31tn for debt service, N13.58tn for recurrent (non-debt) expenditure, and N16.76tn for capital expenditure through development fund contributions.
Like the Senate version, the 2025 budget is expected to run until March 31, 2026.
President Tinubu, in his communication to the National Assembly, explained that the revisions were necessitated by the need to accommodate budgetary items previously omitted and to adjust capital implementation targets in line with Nigeria’s execution capacity and revenue realities.
He said the revised framework reflects a more realistic capital implementation benchmark of 30 per cent.
The president acknowledged persistent weaknesses in the implementation of the capital component of the 2024 budget, noting that these challenges significantly undermined infrastructure delivery and development projects nationwide.
According to him, extending the lifespan of the 2025 budget to March 31, 2026, would allow Ministries, Departments and Agencies adequate time to access and utilise the targeted 30 per cent capital releases.
Tinubu said the approach forms part of a broader fiscal reform agenda aimed at correcting structural flaws in Nigeria’s budgeting process, including the long-standing problem of overlapping budgets.
He stressed that ending the practice of running multiple budgets simultaneously would improve planning, enhance implementation, and strengthen transparency and accountability in public expenditure.
The president added that the revised budget framework is designed to deliver more credible budget performance, better coordination of government programmes and improved value for money for Nigerians.
The Nigeria Democratic Congress (NDC) candidate for Ezza South/Ikwo Federal Constituency in the 2027 general election, Chief Kevin Chukwu, has declared that he is contesting the election to win and provide what he described as purposeful and people-oriented representation.
Chukwu made the declaration while reacting to social media reports alleging that he was being sponsored by political opponents or merely contesting to secure recognition as a candidate.
The NDC candidate dismissed the claims as attempts to distract the electorate, insisting that he enjoys strong grassroots support across the constituency and is fully focused on building a formidable campaign ahead of the election.
He said he would soon unveil his manifesto and campaign strategies, which, according to him, would focus on the needs and aspirations of the people of Ezza South and Ikwo.
“Those saying I am not serious or that I am not contesting to win are jokers sponsored by my opponents to distract the electorate. I am prepared to launch my grassroots campaign, where I will unveil a people-centred manifesto that will speak directly to the needs of the people of Ezza South and Ikwo Federal Constituency,” he said.
Chukwu also criticised the current representation of the constituency, arguing that the incumbent, who he said had served two terms, should give way to another person in 2027.
“We all know the current person occupying the position. He has been there for two tenures, and it is time for him to come back home for another person to go, because we don’t do third term in our constituency,” he said.
He further alleged that the incumbent’s programmes and projects had not been sufficiently inclusive, claiming that the benefits had largely been limited to a section of the constituency.
According to Chukwu, “the people are already tired of his representation and are ready to bring him home in 2027.”
The NDC candidate urged his supporters and other constituents not to be discouraged by what he described as “fake speculations,” assuring them that his campaign would soon commence at the grassroots.
“I wish to call on all our supporters and people of our constituency not to be discouraged by their fake speculations or be intimidated by the APC thugs. By the grace of God, our grassroots campaign will showcase the plans of NDC, and I am certain that all NDC candidates will emerge victorious, right from the presidential candidate down to the State House of Assembly,” he said.
Chukwu also disclosed that he would soon unveil his campaign team as part of preparations for the 2027 election.
He promised that, if elected, his legislative agenda would prioritise human empowerment, infrastructural development and the promotion of laws and policies designed to improve the welfare of residents of Ezza South and Ikwo Federal Constituency.
He added that his legislative representation would also seek to contribute to the broader development of Ebonyi State and Nigeria.
Kwankwaso said this when he featured on the News Agency of Nigeria Personality Interview Series in Abuja on Sunday.
He explained that his experience from the 2023 election had helped him understand Obi better and that he was convinced that both of them could work together in the interest of the country.
Kwankwaso, a former Kano State governor, said the decision was also influenced by the need to allow the South to retain the presidency for another term after the completion of the eight-year tenure of former President Muhammadu Buhari.
“People learn every day and that is why experience is very important. In 2023, we attempted to work together and at that particular point, I knew little about Peter Obi.
“But over these last four years, I was able to learn a lot and realised that Peter is somebody that I could work together with,” he said.
He said the decision was reached after consultations with members of the Kwankwasiyya Movement, supporters of the New Nigeria Peoples Party (NNPP) and the Obidient Movement.
He said the groups believed that the country needed a balanced ticket capable of attracting support from both the North and the South.
Kwankwaso said the security challenges confronting the country, alongside declining agricultural productivity and deteriorating infrastructure, had further strengthened his resolve to support a political arrangement capable of bringing democratic change.
He said economic hardship had particularly affected farmers, especially in Northern Nigeria, where agricultural production had become increasingly difficult and unprofitable.
The former Defence Minister said the dilapidation of infrastructure across the country, except in some areas such as Lagos, was another reason for accepting to pair with Obi.
He said the current situation required the kind of democratic change that Nigerians sought in 2015, adding that the need for such change was now greater.
Kwankwaso said the Obi-Kwankwaso ticket would provide a combination of regional balance, competence and credibility.
“Nobody, no ticket can beat our own in terms of credibility, in terms of capacity and of course, in terms of love for the country; even in terms of empathy for the poor that are suffering across the country today,” he said.
He explained that agreeing to serve as vice-president was not a setback for him, despite his extensive political experience, including serving as deputy speaker of the House of Representatives, governor, minister and senator.
“I have never been the vice-president. I think it is a step forward despite all the things you counted,” he said.
Kwankwaso said his decision was based on broader national interest rather than personal ambition, stressing that public office should primarily be viewed as an opportunity to serve.
“To me, being in government is to serve. I don’t have to be president. I don’t have to even be vice-president. These are things that are in the hands of Almighty Allah.
He said the agreement with Obi was for the South to produce the president for one term, after which the political arrangement would return to the North.
Kwankwaso cited historical examples of political leaders who had accepted positions below what they could have attained, including Sir Ahmadu Bello, who chose to remain Premier of Northern Nigeria rather than becoming Prime Minister.
He also said Nigerians should understand that service could be rendered at different levels, including as councillor, local government chairman, legislator, governor, minister, vice-president or president.
According to him, political leaders should be prepared to serve wherever they are needed, rather than considering certain offices beneath them.
He dismissed claims by political opponents that his political engagements with the All Progressives Congress (APC) or other parties were contingent on securing either the presidential or vice-presidential ticket.
Kwankwaso said discussions he held with President Bola Tinubu after the 2023 election were about working together and not about abandoning the NNPP or securing a particular position.
He said he had previously played a major role in the APC’s electoral victory, particularly through the votes recorded in Kano in 2015, but became disappointed with the party’s leadership after the election.
The former governor said his confidence in the Obi-Kwankwaso alliance was strengthened by what he described as Obi’s commitment to fairness, justice and national unity.
He said the arrangement would also ensure that the North would not be disadvantaged, stressing that the one-term understanding was important in securing the confidence of his supporters.
Kwankwaso said he was confident that Obi would respect the agreement and work with him as a partner rather than treat the vice-president as a “spare tyre.”
He said his experience as deputy speaker, minister and governor had taught him the importance of allowing deputies to function effectively.
According to him, a president or governor who gives his deputy meaningful responsibilities ultimately strengthens the government because the success of the deputy also benefits the principal.
He said he was therefore comfortable with the proposed arrangement and had confidence that Obi would allow him to contribute meaningfully to governance.
Kwankwaso said the alliance would prioritise competence in the appointment of ministers and other officials, with power shared according to the needs of the country rather than for political patronage.
“Power will be shared according to the needs of the country. We should not be in a hurry to go and take anybody on the streets or anybody we remember.
“We will make sure that we have competent people because from our experience, the president and vice-president cannot do it alone,” he said.
The former governor said an NDC administration would need technocrats, professionals and experienced politicians capable of addressing Nigeria’s complex challenges. (NAN)
Politics
2027 Enugu Guber: NDC’s Odalije Chinyeaka Ohaa Reiterates Power of Electorates to Hire and Fire Leaders
ENUGU, friday, August 14, 2026, the National Democratic Party, NDC, hosted thousands of their members in the monthly Enugu East Senatorial zonal meeting of party held at 37 Park Avenue GRA, Enugu.
Present at the meeting, beside NDC Party faithfuls, were Sir Chinyeaka Ohaa, the 2027 NDC governorship candidate for Enugu state, and Princess Ada Ogbu, the NDC Enugu East Senatorial candidate. Other candidates were House of Reps candidates, Hon. Maduka Arum (Enugu South/Enugu North federal constituency), Hon. Ike Chinaemerem El-Shaddia (Nkanu West/Nkanu East federal constituency), Hon. Nnaemeka Obuna (Enugu East/Isiuzo federal constituency).
In attendance also were the State House of Assembly candidates who included Rev. Emmanuel Nnamani (Nkanu West), Hon. Patrick Chukwuma (Nkanu East), Mrs Ngozi Agbo (Enugu South Urban), Pastor Nnaemeka Johnson Okwor (Enugu South Rural), Barr. Odinaka Ugwu ( Enugu East Rural), Hon. Chijioke Ugwu (Enugu East Urban), Hon. Henry N. Nnamani (Enugu North), Hon. Chinemere Ikeoha (Isiuzo).
The party chairmen and the exco of each of the six local government areas (Enugu North, Enugu East, Enugu South, Nkanu East, Nkanu West, Isiuzo) that make up Enugu East Senatorial Zone were all in attendance and duely recognized. Similarly the NDC Ward Excos of the 77 political wards in the senatorial zone were on hand and equally recognized.
Speaking to party faithful, Sir Chinyeaka Ohaa, went down the memory lane of his career in the public service that spanned from Enugu state Treasury, culminating in his appointment as Accountant General of the state, to the federal civil service where he retired as a super Permanent Secretary. He strongly dispelled the rumor hitherto making the rounds that he was a place-holder for any politician while stating that he won the NDC gubernatorial primary fair and square and that his name has been uploaded to INEC portal as the NDC 2027 governorship candidate for Enugu state.
He expressed appreciation to them for standing with him in the gubernatorial primaries that saw to his emergence as the party’s governorship flagbearer. He called on the people to remain steadfast and unwavering on their commitment to the principles of NDC on good governance and the NDC preparedness to win the 2027 Enugu governorship election, stressing that his campaign manifesto would be unveiled the moment it is time for the governorship campaigns.
Sir Chinyeaka went biblical on what he called the challenges currently facing Ndi Enugu as he cited the famous biblical quotation, Proverbs 29:2, “When the righteous are in authority, the people rejoice: but when the wicked beareth rule, the people mourn.”
He criticised some of the policies of the present government, particularly its tax regime, which he described as burdensome and called for greater consideration of the welfare and economic wellbeing of the people.
“He went further to reiterate that the power lies on the electorates to hire and fire their leaders at each election cycle.
Other key leaders of NDC were in attendance included Barr. Emeka Okeke, former Enugu state commissioner for Labor/Chieftaincy Matters, Barr. Chika Smart Ogbe, former Enugu state Commissioner for Culture & Tourism, Barr. PC Eneje, former Leader, Enugu State House of Assembly, Chief Wilson Okenwa, retd Permanent Secretary, Chief Chukwujekwu Nebo, State Secretary of NDC and a host of others.
By Emmanuel Igwe
ABAKALIKI, Ebonyi State — The people of Ori Agba zone in Ishielu Local Government Area of Ebonyi State have declared their unalloyed support for the Peoples Democratic Party (PDP) candidate for the Ezza North/Ishielu Federal Constituency, Chief Hon. Egah Paul Chidiebere, popularly known as Double Chief, ahead of the 2027 general elections.
The declaration was made yesterday when political stakeholders and residents from Ntezi, Okpoto and Agba communities gathered at the country home of Hon. Agu Chigozie Agu, the PDP contestant for Ishielu South State Constituency and Chairman of the PDP in Ishielu Local Government Area.
The gathering provided an opportunity for stakeholders from the Ori Agba zone to express their concerns over what they described as years of inadequate representation and marginalisation of Ishielu Local Government Area in the distribution of constituency projects and other dividends of democracy.
Addressing the gathering, members of the group argued that the federal constituency, which comprises Ezza North and Ishielu Local Government Areas, should benefit from equitable political representation and development.
They particularly expressed concern that Ezza North has occupied the federal constituency seat for about 12 years and indicated their desire for Ishielu Local Government Area to have an opportunity to produce the representative.
According to the stakeholders, the issue was not about antagonising Ezza North but about ensuring fairness and rotation between the two local government areas that make up the constituency.
The group therefore rallied behind Chief Egah Paul Chidiebere, describing him as a candidate capable of providing effective representation and attracting meaningful development to the constituency.
The political gathering also witnessed a wider endorsement of the PDP’s gubernatorial candidate in Ebonyi State, Chief Ifeanyi Chukwuma Odii.
The Ori Agba stakeholders said their decision to support Odii was aimed at pursuing what they described as a strategic political objective—ensuring that the people of the area secured effective representation at both the federal and state levels.
They maintained that the emergence of Odii as governor in 2027 would provide an opportunity for a new approach to governance and development in Ebonyi State.
The stakeholders expressed optimism that an Odii-led administration would promote equitable development across the state and ensure that rural communities and constituencies receive greater attention in the implementation of government programmes.
They subsequently urged voters across Ntezi, Okpoto and Agba communities to remain united and mobilise massively for the PDP candidates in the 2027 elections.
The endorsement is expected to add another dimension to the emerging political contest in the Ezza North/Ishielu Federal Constituency, particularly as stakeholders continue to debate the principle of rotation and equitable representation between the two local government areas.
For the Ori Agba stakeholders, however, the message from the gathering was clear: they want greater political representation for Ishielu and are prepared to support candidates they believe can deliver that objective.
The group also called on PDP supporters in Ishielu and across Ebonyi State to remain committed to the party and work collectively towards its success in the 2027 general elections.
The All Progressives Congress (APC) and the Accord Party have been accused of engaging in widespread vote-buying across Osun State, with agents of both parties allegedly offering voters between N10,000 and N20,000 ahead of today’s governorship election.
Unlike previous elections, the alleged vote-buying reportedly began six days before the poll.
Some voters claimed that the parties also collected the bank account details of thousands of voters about a week before the election, with plans to transfer money to them after they cast their ballots.
Governor Ademola Adeleke of the Accord Party is being challenged by Bola Oyebamiji of the APC, Najeem Salaam of the African Democratic Congress (ADC) and nine other candidates.
A total of 1,906,390 registered voters who have collected their Permanent Voter Cards (PVCs) are expected to participate in the election.
Findings by our correspondents revealed that agents of both Accord and the APC allegedly began distributing cash between Monday and Tuesday.
In some cases, the alleged inducement involved the distribution of food items and cash, with beneficiaries reportedly being asked to swear oaths promising to vote for the candidate of the party providing the items.
Our correspondents also came across viral videos purportedly showing supporters of Adeleke and Oyebamiji distributing cash, salt, rice and other items while urging beneficiaries not to betray them at the polls.
Ilesa
Voters in Ilesa alleged that the APC was distributing N20,000 to voters across polling units in Ilesa East, Ilesa West and Atakunmosa East Local Government Areas.
According to some beneficiaries, the money was being distributed at the residences of designated APC chieftains in various polling units.
The voters said the alleged distribution began on Tuesday and continued until Friday.
One beneficiary, who spoke on condition of anonymity, said, “I collected my N20,000 at the Bonnke area of Ilesa on Wednesday. The cash was in N1,000 and N500 denominations. We had over 200 voters and it was done unit by unit. I collected mine around 11am at the bungalow belonging to one of the APC chieftains in our unit.”
A human rights activist in Ilesa, who also spoke on condition of anonymity for security reasons, corroborated the allegation.
“At the Coca-Cola area, people were given N20,000 each at one particular storey building. But you have to show your voter card before being paid.
“At Abiola Avenue, APC members gave N20,000 to each voter. I was there. The storey building where the money was shared belongs to an APC leader in the area,” he alleged.
At Iroye and Imo areas of Ilesa, it was further alleged that APC supporters distributed rice and an undisclosed amount of money to voters.
“I saw them. They are APC supporters. They provided money and rice, but I don’t know the exact amount they were distributing. They were cursing the beneficiaries, saying it would not be well with them if they failed to vote for AMBO after collecting the money,” a student leader in Iroye said.
It was also alleged that while the APC was offering N20,000, Accord was distributing N10,000 to voters.
At Olowu Village in Atakunmosa East LGA, Accord was reportedly distributing N10,000 and asking beneficiaries to swear an oath of allegiance. A community leader said the alleged distribution began about three weeks ago.
The community leader further claimed that Accord leaders were distributing the money openly and without apparent fear of arrest.
Other residents in Ilesa also alleged that the ruling party had begun distributing N10,000 in Ifofin, Iloro, Okesa and other parts of the city since Tuesday.
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