News
Presidency spends N34bn on international travel in two years
The figure is according to data compiled from GovSpend, a government spending tracker managed by BudgIT.
The records, which cover transactions by the State House, Presidential Air Fleet, the Office of the Chief of Staff, and operations linked to the President, Vice President, First Lady, and their aides, show a sharp swing in spending patterns between 2024 and 2025.
An analysis of the data shows that 2024 accounted for the bulk of the expenditure, with total forex purchases of N29.35bn, while 2025 recorded N5.04bn.
This represents a year-on-year decline of 82.8 per cent, aligning with broader trends in the foreign exchange market where the naira stabilised following policy reforms and improved dollar inflows.
The transactions largely relate to the purchase of foreign currencies for official trips, aviation operations, estacodes, training programmes, and logistics for international engagements involving top executive officials.
While the Presidency has maintained that such trips are necessary for diplomacy, investment promotion and bilateral relations, the scale and timing of the spending have continued to draw public scrutiny amid Nigeria’s fiscal constraints and forex shortages.
In 2024, forex purchases were heavily concentrated in the first half of the year, coinciding with a period of heightened exchange rate volatility and sustained pressure on the naira.
One of the most prominent spenders during the year was the Presidential Air Fleet, which alone accounted for several multi-billion-naira transactions described as “presidential air fleet forex transit funds.”
The Presidential Air Fleet, managed by the Nigerian Air Force, is responsible for the air transport needs of the President, Vice President, and senior government officials.
Despite its strategic role, the cost of maintaining the fleet has long been a subject of public scrutiny and criticism, particularly amid Nigeria’s fiscal pressures and rising debt service obligations.
Between March and May 2024, the Presidential Air Fleet Naira Transit Account recorded repeated purchases of about N1.27bn each on March 7, March 9, April 6, May 11 and May 25, alongside larger tranches such as N5.08bn on April 23 and N2.43bn on May 8.
These aviation-related transactions show the high cost of maintaining and deploying the presidential fleet for overseas travel.
Additional transfers of N205m in July, N34m, N1.25bn, N2.21bn, N160.4m, N1.24bn and N902.9m in August further swelled the air fleet’s forex bill.
Smaller amounts followed later in the year, including payments in September and December, bringing the air fleet’s cumulative forex-linked transactions in 2024 into several billions of naira.
Beyond aviation, the State House Headquarters also recorded extensive forex purchases throughout 2024.
In February alone, the State House spent over N2.5bn on forex linked directly to specific presidential and vice-presidential trips.
These included N426.88m for the Vice President’s trip to Switzerland, N1.04bn for the President’s trip to Ethiopia, N750m for the President’s trip to Dubai, N176.77m for the Vice President’s trip to Côte d’Ivoire, N149.79m for the First Lady’s trip to France, and N86.76m for the Vice President’s trip to Liberia.
March 2024 saw further spending tied to foreign travel by the First Lady and Vice President. Transactions included N202.39m for the First Lady’s trip to Mozambique, N144.57m for her trip to Addis Ababa, and N126.30m for a trip to London.
The Vice President’s engagements also featured, with N201.12m spent on a trip to Côte d’Ivoire and N169.54m for estacodes linked to UK and US training programmes.
From July 2024, forex purchases by the State House intensified, with multiple same-day transactions on July 17 alone.
These included N149.05m, N358.53m, N243.32m, N739.07m, and N73.07m, all tagged as forex purchases.
Additional payments were made on July 23, August 6, October 11, and October 28, with notable amounts of N569.68m, N323.14m, N246.80m, and a significant N1.36bn on October 28.
By the final quarter of 2024, spending remained elevated. In November, the State House Operations – President recorded several purchases, including N22.19m, N18.34m, N169.10m and N185.23m on November 28. December added another N736.20m on December 1, reinforcing the pattern of sustained forex demand by the Presidency throughout the year.
Cumulatively, these transactions pushed total forex purchases linked to the Presidency in 2024 to N29.35bn, making it one of the most expensive years for official foreign travel and related forex spending in recent times.
The reduction was broad-based, cutting across the Presidency, Vice Presidency and supporting offices.
Transactions in 2025 were also generally smaller in size and more sporadic, suggesting a deliberate effort to rein in forex outflows.
Data from April 30, 2025, show multiple forex purchases by State House Operations – President and Vice President, but most were in the tens of millions rather than billions of naira.
Amounts such as N535.82m, N57.94m, N32.51m, N57.81m and N23.67m dominated the April transactions.
Even the larger figures recorded in mid-2025, including N1.29bn, N1.28bn and N626m linked to the Presidential Air Fleet, were fewer and spread over several months.
By the second half of 2025, forex purchases had tapered further. August transactions included N7.67m and N11.14m, while November and December recorded modest payments by the Office of the Chief of Staff and the Presidential Air Fleet.
The overall pattern points to tighter controls and possibly improved planning around official travel as the naira stabilised in 2025.
The naira ended 2025 on a firmer note, closing at N1,429/$1 on December 31.
This was a 7.4 per cent appreciation from the N1,535/$1 recorded on the final trading day of 2024, according to official exchange rate data from the Central Bank of Nigeria.
The local currency concluded 2024 with significant depreciation, recording a 40.9 per cent loss against the dollar in the official market.
The 2025 performance marks the naira’s first annual gain since 2012, when it appreciated slightly to N157.29 from N158.99 in 2011.
The currency had depreciated every year since then, marking a major turnaround after 13 years of consistent declines.
A further breakdown of the GovSpend data also shows that aviation-related expenses remain a major driver of forex demand.
The Presidential Air Fleet consistently accounted for some of the largest transactions across both years, reflecting maintenance, fuel, leasing and operational costs that are typically dollar-denominated.
This has renewed debate over the size and cost structure of the fleet, especially at a time when many countries are reviewing the sustainability of maintaining large official aircraft inventories.
The State House and Office of the Chief of Staff accounted for smaller but still significant amounts, often linked directly to specific trips by the President, Vice President or First Lady. These include forex purchases for estacodes, accommodation, logistics and protocol obligations.
The Country Director of Accountability Lab Nigeria, Odeh Friday, earlier expressed concern about the impact of such spending on taxpayers and the need for greater transparency and accountability.
“This highlights the urgent need for a shift toward greater equality and accountability in the management of public finances,” Friday said.
He emphasised that it is critical to evaluate the outcomes of these significant expenditures, questioning whether they truly serve the interests of the Nigerian people. “Some of them are clearly wasteful expenditure,” he added.
Former Presidential Candidate of the Labour Party (LP) in the 2023 general elections, Peter Obi, has criticised President Bola Tinubu for spending much of January abroad.
Obi, in a post on his X handle on Sunday morning, noted that while leaders in other countries focus on domestic governance at the start of the year, Nigeria’s president has prioritised foreign engagements over pressing national issues.
Obi also questioned the necessity of Tinubu’s frequent foreign trips, noting that the President spent 23 days abroad in January across two trips, returning only briefly to Nigeria in between.
“While leaders in other nations prioritise domestic governance in January, Nigeria’s president prioritises international engagements over pressing national issues. This month, he spent 23 days abroad across two trips—beginning the year overseas and returning on the 17th, and departing less than 10 days on the 26th to Türkiye, where he remains as of January 31. What urgent matters continuously warrant his absence from the nation? When he does return, it often appears to be merely to welcome defectors into the APC before he jets off again.”
By Chinedu Sabastine
ENUGU — Umuchigbo Iji Nike Autonomous Community in Enugu East Local Government Area of Enugu State has fixed Sunday, September 13, 2026, for its annual New Yam Festival.
The cultural celebration, which is scheduled to commence at 3 p.m., is being organised under the leadership of the Executive Chairman of Umuchigbo, Hon. Chief Afam Joseph Ogbene, popularly known as Akirika Chioku 1, Na Nike Kingdom.
The festival is expected to showcase the rich cultural heritage and traditions of the people of Umuchigbo and Umuenwene in Iji Nike Autonomous Community, while promoting unity and communal bonding.
Ogbene, in an invitation to the festival, described the celebration as an opportunity for the people to preserve their cultural heritage, strengthen community ties and give thanks for the year’s harvest.
He said, “Our New Yam Festival is more than a cultural celebration. It is a time for us to come together as one people, appreciate our heritage and give thanks for the blessings of the year.”
According to him, the event will also provide an opportunity for sons and daughters of the community, as well as friends and well-wishers, to reconnect and celebrate together.
“We are inviting everyone to come and celebrate with us. It is a celebration of our culture, our community and thanksgiving for the new yam season,” he added.
According to the invitation, activities will commence at Ogbene’s residence on Akirika Chioku Avenue, Nome Ogba Aniji Road, Umuchigbo, before proceeding to Obodoeze Iji Village Square, Odangene, for the New Yam rites and masquerade display.
The event will also feature traditional cuisine, music and other forms of cultural entertainment.
The organisers urged sons and daughters of Umuchigbo, friends, well-wishers and members of the public to join the community in celebrating the festival.
The Nigerian Army has announced a major reshuffle of senior officers, with several major generals and brigadier generals redeployed to key command, operational and administrative positions.
The changes, approved by the Chief of Army Staff, Lieutenant General Waidi Shaibu, are aimed at strengthening the Army’s operational effectiveness.
Major General IA Ajose has been appointed the new Theatre Commander of the Joint Task Force North East, Operation HADIN KAI. He moves from the Department of Army Operations at Army Headquarters to take charge of military operations against insurgency in the North-East.
Other notable appointments include:
Major General AE Abubakar — Dean, Faculty of Operational Research, Nigerian Army Heritage and Future Centre.
Major General AM Alechenu — Nigerian Army Heritage and Future Centre.
Major General RT Utsaha — Commander, Defence Headquarters Garrison.
Major General AM Umar — Commandant, Army War College Nigeria.
Major General UM Alkali — Director, Department of Civil-Military Affairs.
Major General GS Muhammed — Director General, Nigerian Army Finance Corporation.
Major General JE Osifo — Chairman, Military Pension Board.
Major General IE Ekpenyong — Director of Engineering Services, Defence Logistics, Defence Headquarters.
The reshuffle also affects several brigadier generals, including Brigadier General AA Bello, Brigadier General MS Adamu, Brigadier General MS Sule, Brigadier General I Sule, Brigadier General E Azenda and Brigadier General AS Bugaje, who have all been assigned to new command or administrative roles.
The Chief of Army Staff directed the newly posted officers to carry out their responsibilities with professionalism, dedication and a strong sense of duty.
More than 24 feared dead in suspected poisoning incident in Ondo
More than 24 people have reportedly died following a suspected poisoning incident in Odigbo Local Government Area of Ondo State.
The deaths were recorded in Araromi-Obu, Orita New Town and Odigbo communities, while several other residents affected by the incident are receiving treatment at various hospitals.
The Chairman of Odigbo Local Government Area, Taiwo Adegoroye, confirmed the incident but said he could not provide further details until medical experts conduct a professional assessment and determine the cause of the deaths and illnesses.
As a precaution, the local government has restricted the sale and consumption of sachet herbal concoctions and similar drinks being hawked in the affected communities.
Residents have been advised to avoid suspicious herbal mixtures, unverified sachet products and other substances of uncertain origin pending the outcome of medical examinations and laboratory tests.
Authorities are expected to carry out further investigations to establish the source of the suspected poisoning and confirm the exact cause of the deaths.
By Okey Maduforo, Awka
Residents of Umudimishi Village, Umuoru, in Aguata Local Government Area of Anambra State, have petitioned Governor Chukwuma Soludo over the worsening menace of gully erosion allegedly caused by illegal and unregulated sand mining activities in the community.
The villagers said about 120 buildings are currently threatened by the expanding gully, with some residents already making arrangements to relocate for fear of losing their homes to the erosion.
In the petition addressed to Governor Soludo and copied to the state Ministries of Environment and Works, the villagers alleged that the activities of sand miners posed a serious threat to human lives, property and the continued existence of the community.
The petition, signed by the Chairman of Umudimishi Development Union, Nze Ibeabuchi Umeugochukwu, stated that several homes in the area were located only a few metres from the mining sites and had consequently become vulnerable to erosion.
The villagers said: “Many homesteads in Umudimishi are close to and along the line of mining by few metres and, as a result, stand eroded in the course of this ecological problem fueled by unregulated sand mining.”
They further alleged that the erosion menace was largely triggered by human activities, particularly unregulated sand mining along the Aguata-Orumba axis, where they said the soil structure was highly susceptible to erosion.
According to them, “Erosion menace is being triggered by human factor of unregulated sand mining, especially as it is in Aguata-Orumba Axis where the sand structure is prone to erosion, which is the major environmental hazard in the region.”
The community also claimed that sand mining had become the major source of environmental crises affecting Umudimishi Quarter, Umuoru Village and Uga generally.
Beyond the environmental consequences, the villagers expressed concern that the availability of quick money from sand mining was discouraging youths from learning vocational skills.
They said many youths now preferred sand mining to acquiring skills, while the worsening erosion had also discouraged residents and prospective investors from establishing businesses in the area.
The villagers therefore appealed to Governor Soludo to permanently shut down the mining sites in Umudimishi to prevent further deterioration of the already deplorable environmental situation.
They also urged the governor to direct the appropriate agency of the Anambra State Government to conduct an on-the-spot assessment of the erosion sites and produce a comprehensive report with recommendations on how to tackle the problem and reclaim lands already lost to erosion.
The petitioners said urgent intervention by the state government was necessary to protect lives, homes and the remaining land in the community from further destruction.
News
Major Generals to Receive Up to ₦25.91m Yearly as Tinubu Approves New Military Pension Structure
The Federal Government has approved a new pensionable salary structure for personnel of the Nigerian Army, Nigerian Navy and Nigerian Air Force, effective September 1, 2026.
The approval was communicated in a circular issued on September 3 by the National Salaries, Incomes and Wages Commission.
Under the new structure, the highest-ranking officers—Generals, Admirals and Air Chief Marshals—have annual pensionable salaries ranging from ₦21.9 million to ₦29.75 million, depending on their salary steps. The highest figure is equivalent to about ₦2.48 million monthly when divided by 12.
Other approved pensionable salary ranges include:
Lieutenant Generals, Vice Admirals and Air Marshals: ₦16.99m–₦25.91m annually.
Major Generals, Rear Admirals and Air Vice Marshals: ₦14.98m–₦23.9m.
Brigadier Generals, Commodores and Air Commodores: ₦13.86m–₦16.39m.
Colonels, Captains and Group Captains: ₦8.31m–₦9.49m.
Lieutenant Colonels, Commanders and Wing Commanders: ₦7.55m–₦8.74m.
Majors, Lieutenant Commanders and Squadron Leaders: ₦5.99m–₦7.01m.
Captains, Lieutenants and Flight Lieutenants: ₦5.28m–₦6.42m.
Second Lieutenants, Midshipmen and Pilot Officers: ₦4.92m–₦5.59m.
The new schedule also covers non-commissioned personnel. Warrant Officers have pensionable salaries ranging from ₦4.53 million to ₦5.17 million annually, while Privates, Ordinary Seamen and Aircraftmen fall within the range of ₦2.28 million to ₦2.49 million.
The government, however, clarified that the figures are pensionable salaries used to calculate retirement benefits and should not be interpreted as the actual monthly salaries or take-home pay of serving military personnel.
-
Crime3 days agoNational Open University Bursar Nasiru Marafa Shot Dead
-
Politics5 days ago2027: SOUTH-EAST — NATIONAL RELEVANCE OR ETHNIC MASSAGING OF EGO?
-
Politics3 days agoPrimate Ayodele Warns Peter Obi, Atiku Over Alleged Assassination Plot Ahead of 2027
-
News3 days ago26 States Depend on FAAC as Wage Bills Exceed IGR
-
News3 days agoAnambra APC Hails Maintenance Work on First Niger Bridge
-
Crime10 hours agoMurder of Aiza Nwosu: Niece, 12 Suspected Cultists Arrested, Nephew at Large
-
Crime2 days agoSarah Khalifa, 11 Others to Death in Major Drug Trafficking Case
-
Crime15 hours agoAnambra Police Deny N600,000 Bribe Demand, Explain Arrest of Suspected Cultist’s Sister