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N54tn budget: Experts blast Tinubu over additional N4.5tn 

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Some players in the Nigerian economy have shared different views following the decision of the Federal Government to increase the 2025 Appropriation Bill from N49.7tn to N54.2tn on the back of additional revenues generated by key government agencies.

On Wednesday, letters from President Bola Tinubu were read on the floor of the Senate indicating the adjustments in the yet-to-be-passed budget.

The President conveyed the budget adjustment in separate letters sent to both the Senate and the House of Representatives, which were read during Wednesday’s plenary by the Senate President, Godswill Akpabio.

Tinubu presented a N49.7tn budget proposal, themed ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity,’ to the National Assembly in November.

The Federal Government projects a total revenue of N36.35tn for 2025, anchored on improved non-oil revenue generation. This includes expanded tax collections, customs duties, and independent revenue from government-owned enterprises, alongside oil revenue projections based on a crude oil benchmark of $75 per barrel, a production target of 2.06 million barrels per day, and an exchange rate of N1,500 per USD.

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The total expenditure of N49.7tn includes significant allocations to critical sectors while targeting a fiscal deficit of N13.39tn (3.96 per cent of GDP). This deficit will be financed through domestic and external borrowings as well as innovative public-private partnership arrangements.

Tinubu said the increase was driven by N1.4tn in additional revenue from the Federal Inland Revenue Service, N1.2tn from the Nigeria Customs Service, and N1.8tn generated by other government agencies. Following the reading of the letter, Akpabio referred the President’s request to the Senate Committee on Appropriations for urgent consideration.

He also assured lawmakers that the budget would be finalised and passed before the end of February.

President Tinubu had in a letter read on the floor of the Senate and House of Representatives same day premised the request to increase the budget proposal to additional revenue generated by key agencies of government.

According to the letter, the Federal Inland Revenue Service generated N1.4tn, the Nigeria Customs Service generated N1.2tn while the sum of N1.8tn was generated by other government-owned agencies.

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The Federal Government said the increase would also support its diversification programme by investing more into the solid minerals sector and infrastructure projects.

The Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this to journalists after he saw off President Bola Tinubu to the Nnamdi Azikiwe Airport, Abuja, en route to France.

In a letter dated February 3, 2025, addressed to the Speaker of the House of Representatives, Tajudeen Abbas, Tinubu sought an additional N4.5tn to the 2025 Appropriation Bill being considered by the National Assembly.

Explaining the rationale for the adjustment, Bagudu said it was established that the government-owned enterprises, including the Nigeria Customs Service, could contribute more revenue.

He said, “You will recall, Mr President submitted the N49tn budget to the National Assembly, and legislative work commenced.

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“The legislative work continued with interactions between the executive and the National Assembly. The National Assembly and the Economic Management Team continued to interrogate all figures.

“In that process, the Senate Committee on Appropriation, Senate Committee on National Planning, and Senate Committee on Finance established that we can generate more revenue by tasking all the institutions to do more, and the Federal Inland Revenue Service confirmed the ability to do more than was submitted.”

He added, “Equally, it was established that the government-owned enterprises could contribute more revenue, as well as the Customs Service.

“So, additional revenue amounting to over N4.5tn was established, and this was taken to the President.

“And guided that this additional revenue should be used further to strengthen the Bank of Agriculture, Bank of Industry, support the diversification programme by putting more money in the solid minerals sector and infrastructure projects.”

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However, economist and sustainability expert Marcel Okeke slammed the government for the impromptu increment.

He worried that the budget that should have been operational from January 1, 2025, is still going through the legislative process with changes from the FG.He said, “If the government was talking about a supplementary budget anytime within the year, that is a different matter than within one to two months; you rush to bring these adjustments. It is good, but the proper thing would have been to wait and come up with a supplementary budget. Everything would have been in order if the budget itself had been rounded off at the time it was supposed to and had become effective January 1, 2025. Not this situation where they are making additions as afterthoughts. You don’t run a country like that. Let me tell you, the figures that they released in December have gone to all parts of the world.

“The world has started doing all that they want to do about Nigeria, on Nigeria, for Nigeria, and with Nigeria based on those figures. We are talking about institutions; analysts all over the world have been using those figures. You may not understand the enormity of this move. Because of the mood that we are in now, people may be clapping that FG saw more money and brought it, but that is not how to do a budget. Who says they will not come back again before the National Assembly finishes the job? My position is that they should have waited and come up with a supplementary budget.”

Chief Economist and Partner at SPM Professionals, Paul Alaje, also raised concerns about the effect of the increased spending on the inflation target of the federal government, which was 15 per cent.

Alaje said, “I think it is straightforward. Number one, FG is claiming that because some agencies of government are now generating more revenue, therefore, they feel we can spend more. Also, I think the real reason is that there seem to be some projects that had been exempted from the 2025 budget, and the government thought it important to add them back to the budget.

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“These are some of the factors for the government adding to the 2025 budget, but with this amount in the economy, you should note that the government’s expectation of 15 per cent inflation may remain a mirage.”

Managing Director of Arthur Steven Asset Management Limited, Tunde Amolegbe, sees this as a welcome development that would enable infrastructural growth.

He said, “I have always been an advocate for an ambitious budget because that’s the only way we can improve our grossly inadequate infrastructure before we can even contemplate gravitating towards a productive economy. On a per capita basis, if you look at our budget, we are way below that of countries with similar demographics in terms of population and age. How then do we hope to lift our people out of poverty when the government itself isn’t spending enough to raise people’s standard of living?”

Sounding a note of caution, Amolegbe, a former president of the Chartered Institute of Stockbrokers, affirmed that it is important “that we keep our eye on ratios such as debt-to-revenue and debt-to-GDP to ensure we do not tip into over-leveraged territory.”

A leading economist, who spoke on condition of anonymity, faulted the budget proposal raise, saying it would worsen the economy.

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He said, ‘”Why would government raise the budget when its deficit is running to almost N16tn. The deficit is hitting up the economy. With all these borrowings here and there, government should have simply reduced the deficit. By the way, how are we sure the government will even generate up to the budgeted amount. Over the years, have we been generating enough to meet the revenue target? We don’t have that track record.”

Meanwhile, the House of Representatives has thrown its weight behind President Tinubu’s proposal to the National Assembly to increase the 2025 budget proposal from N49.7tn to N54.2tn, saying the development is driven by additional revenue from key government agencies.

After reading the letter on the floor of the Senate and House of Representatives on Wednesday, Senate President, Godswill Akpabio, and the Deputy Speaker of the House of Representatives, Benjamin Kalu, who presided over plenary sessions at the Red and Green Chambers respectively, referred it to the Committees on Finance and Appropriations for quick consideration.

This is even as the Senate President assured Nigerians that the 2025 budget proposal would be passed before the end of February.

In an interview with The PUNCH, the spokesman of the House of Representatives, Akin Rotimi, stated that the parliament had a way of handling such requests.

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“We have legislative processes on this and other such matters. The executive proposal has been referred to the House Committee on Appropriations for further legislative action,” he said.

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“Go and Verify”: How Sunday Umeha Is Redefining Representation in Ezeagu/Udi

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Rt. Hon. Barr. Sunday Cyriacus Umeha has continued to distinguish himself not only as a grassroots politician but as a sound parliamentarian who clearly understands the true essence of legislative representation and public service.

Since emerging as the Member representing Ezeagu/Udi Federal Constituency in the House of Representatives, Umeha has consistently demonstrated capacity, vision, and commitment both on the floor of the National Assembly and within his constituency.

Unlike many politicians whose promises disappear after elections, Rt. Hon. Umeha has steadily transformed his campaign mantra, “Go and Verify,” into practical realities visible across communities in Ezeagu and Udi Federal Constituency.

From road construction to solar-powered streetlights, classroom projects, healthcare interventions, agricultural empowerment, scholarships, boreholes, and youth development programmes, his stewardship has remained rooted in service delivery and measurable impact.

Observers say one of the strongest qualities that separates Umeha from many lawmakers is his deep understanding of parliamentary responsibilities. Through strategic bills and motions, he has continued to show that representation goes beyond rhetoric and political appearances.

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Among several notable legislative efforts, he sponsored bills seeking the establishment of a Federal College of Entrepreneurship and Skill Acquisition in Ezeagu/Udi Federal Constituency, reforms in the education sector through the abolition of levies in public basic schools, mandatory insurance protection for NYSC members, and the establishment of a National Football Academy.

He also sponsored motions addressing critical national concerns, including the investigation into the gruesome killing of Nigerians by soldiers in Enugu State and the urgent completion of the Karshi/Apo Road project in Abuja to ease traffic congestion.

Political analysts note that these interventions reflect a lawmaker who understands that effective representation must combine constituency development with strong legislative advocacy.

Many constituents equally commend him for remaining faithful to the promises he made during his campaigns. Across the constituency, residents point to completed and ongoing projects as evidence that the lawmaker has not reneged on his commitments to the people.

Beyond governance and legislative duties, Rt. Hon. Umeha also played significant roles in efforts aimed at restoring sanity, stability, and internal cohesion within the Labour Party before his eventual defection to the APC.

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Sources within the political space in Enugu State revealed that Umeha consistently pushed for peace, unity, and institutional order within the party during periods of internal crisis and leadership disagreements. His interventions were said to be driven by the desire to protect the interests of party members and preserve the integrity of the platform.

However, following prolonged internal challenges and unresolved structural issues within the Labour Party, the federal lawmaker eventually moved to the All Progressives Congress (APC), a decision many political observers described as strategic and inevitable.

Despite the political transition, supporters insist that his focus has remained unchanged — delivering quality representation, empowering constituents, and sustaining developmental projects across Ezeagu/Udi Federal Constituency.

For many residents, Rt. Hon. Barr. Sunday Cyriacus Umeha represents a rare blend of grassroots leadership, legislative competence, humility, and political responsibility.

And across the constituency, the verdict from many communities remains simple:

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“He promised, and he delivered.”

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Chief Sir Paul Chukwuma Lays His Beloved Sister to Rest

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Today, Friday 8 May 2026, Chief Sir Paul Chukwuma (Onwa Umueri) laid his beloved sister, Late Mrs Christiana Amaka Okeke to rest in a solemn but dignified ceremony.

A large number of family and friends gathered in Ogboji in Orumba South Local Government Area for her burial.

It was a solemn yet beautiful celebration of a life well lived, one marked by grace, resilience, and strong family values. The Funeral Mass was officiated by His Emience, Cardinal Peter Ebere Okpalaeke, The Catholic Bishop of Ekwulobia Diocese.

In a heartfelt family tribute, Chief Sir Paul Chukwuma shared that her sister “it is indeed well with your soul and has gone to rest with the Lord,” expressing profound grief over the irreplaceable loss of a beloved sibling who played a significant role in their family. He prayed for God to grant her His mercy and reward her with Beatic Vision. He opined that they as a family will continue from where she stopped. Our Hope in God and Believe in the resurrection of the dead and communion of the saints will spur them on as they continue to place all their hopes in God who made Heaven and Earth.

The Funeral and Burial Ceremony was graced by notable dignitaries including Her Excellency Senator Dr Iyom Uche Ekwunife, APC State Chairman, Most Distinguished Senator Emma Anosike, Chief Uzoma Igbonwa (Okeife Alor), YPP Deputy Governorship Candidate 2025 Governorship Election, His Excellency, Chief Uzu Okagbue, Former Nigeria Ambassador to Burundi, His Excellency, Ambassador Elijah Onyeagba (Ozonkpu Ike Enuguwu-Ukwu N’Umunri, Dr Oby Orah, Executive Director FAAN, Prof Charles Esimone, Former Vice Chancellor Unizik, Chief Hon Raph Okeke, Barr CJ Chinwuba, Hon Chizo Obidigwe, Hon JC Okeke (Deputy Chairman ,APC Anambra State, chief Anthony Obiazie (Ichie Ide), Onwa Lento Aluminium.

Others are The Vice Chancellor of Benue State University and Members of the Governing Council, the Rector Anambra State Polytechnic,Dr Njideka Rita Chiekezie, Hon Obi Henry APC State secretary, Hon Ify Nwachukwu (Ada Onowu), Prof Jaja Nwanegbo, and several other respected leaders from the political, traditional, and religious communities.

Late Mrs Christiana Amaka Okeke died after Major Brain Tumour Surgery in Germany, aged 44 years. May the soul of Late Mrs Christiana Amaka Okeke rest in perfect peace, and may God grant the entire Chukwuma of Umueri and Okeke family of Ogboji, the strength and comfort to bear this irreparable loss.

*Videos and Photos Speak:*
*(C) Paschal Candle.*

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2027: Anambra ADC Intact Despite Obi, Kwankwaso Departure – Guber Candidate

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By Okey Maduforo Awka

Gubernatorial candidate Mr John Nwosu and running mate of the African Democratic Congress ADC in Anambra state Chief Ndubuisi Nwobu have stated that despite the deoature of Mr Peter Obi, and Alhaji Rabiu Musa Kwankwaso,the party is still intact and would run it’s full course in the 2027 general election.

The duo however lamented that the deoature of Obi is indeed painful but was quick to add that the party must forge ahead .

He said as leaders, Obi and Kwankwaso and other key chieftains of the ADC who suddenly left to the Nigeria Democratic Congress (NDC) would have waited to resolve the problems the ADC is facing when it mattered most rather than taking a swift to another fold.

Chief Nwobu bared his mind and feelings of other stakeholders of the ADC while briefing newsmen shortly after the ADC Anambra Leadership Consultative Meeting held on Friday in Awka the state capital.

He noted with nostalgia that the candidate of the Labour Party (LP) during the 2023 general elections, Mr. Peter Obi could have shown restraint and commitment in the ADC even in face of the party’s plethora of litigations pending before different courts than leaving it unceremoniously with others.

He vowed that despite the development, leaders and members of the State chapter of the ADC are resolute to take the full circle of the electoral battle ahead of next year’s general elections and would get to it to successfully.

Accorisng to him, the National leadership of the party was not given the opportunity to settle down even less than 24 hours before the supreme Court judgment on Thursday last week when news about the detection of those who left the party rented the air waves up till Friday and Saturday same week and finally on Sunday when the news was finally blown to the entire world.

Nwobu disclosed that the opposition ADC in the state at the moment parades about nine House of Representatives and six State House of Assembly aspirants who have bought nomination forms to contest the 2027 elections while more have indicated interest to join the epical race.

The ADC stalwart further maintained that all those who indicated interest to contest the various positions are greatly prepared to run the race with high morals.

“We feel pains that these people left the party (ADC); definitely it’s going to affect the gains of the party. There’s no point saying every other thing. That having been said I am telling you that those who remain in the party are resolute and prepared to run the course.

He said the ADC Anambra Leadership Consultative Meeting reaffirm loyalty and support to the National leadership under David Mark as national chairman and Rauf Aregbesola as the National Secretary.

Nwobu who was flanked by Hon. Christian Okeke, Ven. Chris Orajekwe and Arch. Afam Moma, Samuel Ikefuna, and Reginald Akunekwe and Ben Chuks Nwosu said “the state leaders reaffirm loyalty and support of the ADC Anambra state to the National leadership headed by Senator David Mark and His Excellency Rauf Aregbesola.”

“The meeting resolved to commend the founding chairman of the ADC Chief Ralph Okey Nwosu for the exemplary show of representing the ADC platform as an umbrella body for the coalition and his selfless role In navigating the coalition to it’s fruition.”

“And we wish to affirm that the ADC’s best is from Anambra state and Anambra state will not be found wanting in the efforts of the party to achieve success during the 2027 general elections,” he said.

“For our brothers who has moved on tp other platform, we wish them well. I look forward to a day we will all join hands together to salvage this country,” Nwobu stated.

He explained further that no new leadership has been Inaugurated in Anambra,adding that that it’s unnecessary for somebody to say he or she has resigned as the party is still contending on issues of offices, conduct of Congresses at the Federal High court.

Chief Nwobu stated that the Inauguration of officials elected at Congresses across the states would be made on the 11th of this month.

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Enugu, SSDO advance domestic resource mobilisation for climate responsive budgeting

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By Chinedu Sabastine

The Enugu State Government, in partnership with the South Sahara Social Development Organisation (SSDO), has intensified efforts to strengthen domestic resource mobilisation (DRM) as part of broader strategies to boost climate finance and promote responsive budgeting.

The initiative aligns with the administration’s climate policy framework, which emphasises sustainable development, a green economic transition, and improved fiscal planning.

This was disclosed during a two-day stakeholders’ dialogue on domestic resource mobilisation for climate-responsive budgeting held at Sylvia Hotel, Independence Layout, Enugu and funded by ActionAid Nigeria.

 

Speaking at the event, the Deputy Director of Climate Change in the Ministry of Environment and Climate Change, Nnamdi Arum, said the state has integrated climate considerations across its projects and programmes.

 

According to him, while Enugu continues to benefit from international funding support, deliberate steps are being taken to strengthen internally generated resources for climate initiatives.

“Climate change has been prioritised across ministries in Enugu State. Most projects are now designed with green considerations in mind,” Arum said.

He commended Governor Peter Mbah for appointing Prof. Chukwumerije Okereke as Special Adviser on Climate Change, noting that his leadership has helped translate climate policies into actionable programmes.

Arum added that the government is actively engaging diverse groups, including youths and persons with disabilities, to ensure inclusive climate policy development.

On funding gaps, he acknowledged that despite progress, external support remains crucial particularly in the agricultural sector to enhance food security and affordability.

In his remarks, Research Policy Officer with SSDO, Okechukwu Ajah, said the dialogue aimed to bridge the gap between policy formulation and implementation.

He noted that although Enugu has domesticated its climate policy and action plan, challenges such as weak inter-ministerial coordination and the absence of clear climate budget tagging persist.

“Many agencies still operate in silos, and there is no distinct climate imprint in budgeting across ministries. This affects ownership and effective implementation of climate policies,” Ajah said.

He expressed optimism that the engagement would yield practical, implementable recommendations, stressing the need to move from theory to action.

Ajah also highlighted the importance of youth inclusion in climate discussions, describing young people as critical stakeholders in shaping sustainable futures.

One of the participants, Chidera Ekoh, described the dialogue as insightful, noting that it provided practical knowledge on addressing climate challenges.

“Climate change is already impacting our economy. This programme has equipped us with the knowledge to prioritise challenges and mobilise resources effectively,” Ekoh said

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Enugu Govt Disowns Group Accused of Defrauding Traditional Medicine Practitioners

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The Enugu State Government has disowned a group allegedly defrauding traditional medicine practitioners under the guise of acting on its behalf.
In a disclaimer issued on April 28, 2026, the government warned against the activities of individuals operating under the name Association of Traditional Medicine Practitioners of Enugu State (AMTIPES), describing the body as illegal and unrecognized.
According to the statement signed by the Special Adviser to the Governor on Media, Hon. Onyekwere Nwobodo, the group has been harassing practitioners and collecting unauthorized levies despite having no accreditation from the state.
The government clarified that the registration and certification of traditional medicine practitioners in Enugu State fall strictly under the Ministry of Culture and Tourism, in line with existing laws. It stressed that no other body has the authority to act on its behalf in this regard.
Authorities disclosed that reports of AMTIPES’ activities have been forwarded to law enforcement agencies. Some individuals linked to the group have already been apprehended and are currently facing prosecution in court.
The government urged members of the public, particularly traditional medicine practitioners, to remain vigilant and avoid any dealings with the impostors.
It further emphasized that compliance with only officially recognized channels would protect practitioners from exploitation, reiterating the warning that “to be forewarned is to be forearmed.”

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