Politics
Just In: Governor Obaseki Unveils Plan To Surpass N70 Billion IGR Target For Edo State By 2024 (Details)
Edo State Governor, Godwin Obaseki, envisions the state’s Internally Generated Revenue surpassing N70 billion by 2024. Speaking to journalists in Benin on Saturday, the governor attributed the consistent growth in monthly IGR since 2016 to strategic investments in the local economy by his administration….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
Obaseki emphasized that the anticipated IGR expansion would be fueled by leveraging the state’s comparative advantages and exploring opportunities in technology, culture, manufacturing, and agriculture, among other sectors.
He stated, “For the past seven years, we have focused on the economy, establishing modalities to create an economic revolution in Edo State. Our strategy has been to attract private investors to areas where we have a competitive edge. Government, in turn, acts as an enabler to stimulate business opportunities.”
Highlighting the impact of conscious investments on the local economy, Obaseki expressed confidence that the IGR would exceed N70 billion in the coming year. He pointed to projects such as the Gelegele Seaport and Enterprise Park as contributors to future revenue growth.
In addition to economic development, the governor outlined achievements in the agricultural sector, citing initiatives involving cassava, ethanol, and oil palm. He also revealed plans to launch about 60 shops in the Benin Mall, further fostering retail development.
Looking ahead, Obaseki envisions a future marked by organized infrastructure supporting private sector production. He emphasized ongoing efforts in the Benin Enterprise Park and the acquisition of land for similar projects in Edo Central and Edo North. The governor expressed optimism about a future where government and the private sector collaborate closely to drive Edo State’s economic growth.
Kaduna State Governor, Uba Sani, says the state has mapped out 22,435 hectares of degraded land for restoration under the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project using modern geospatial mapping technology.....KINDLY READ THE FULL STORY HERE▶
He said the initiative is part of efforts to strengthen climate resilience, tackle environmental degradation, and promote sustainable land use in the state.
Speaking at the ACReSAL mid-term review meeting in Kaduna through the Commissioner for Environment and Natural Resources, Abubakar Buba, the governor explained that the use of geospatial tools has made it possible to accurately identify affected areas for targeted intervention.
He added that the project is not only focused on land recovery but also on boosting agricultural output and improving livelihoods in affected communities.
Sani also noted that the state is supporting the programme with empowerment initiatives, including training over 500 women, youths, and school feeding vendors in biomass briquette production.
According to him, the effort is already helping to reduce dependence on firewood while creating alternative sources of income for beneficiaries.
President Tinubu has given full backing for the implementation of the ₦68.32 trillion 2026 budget after signing the Appropriation Bill passed by the National Assembly into law.....KINDLY READ THE FULL STORY HERE▶
He also approved an amendment extending the lifespan of the 2025 budget from March 31 to June 30, 2026, to ensure completion of ongoing capital projects nationwide.
Under the 2026 fiscal plan, ₦4.799 trillion is set aside for statutory transfers, ₦15.8 trillion for debt servicing, ₦15.4 trillion for recurrent spending, while ₦32.2 trillion goes to capital projects—about half of the total budget.
The focus, according to the administration, is on infrastructure development, security, and growth-driven investments aimed at improving living standards.
Speaking on the development, presidential aide Bayo Onanuga said the extension of the 2025 budget will help ensure full use of allocated funds, especially for major ongoing projects.
Tinubu directed all ministries, departments, and agencies to ensure transparency, discipline, and value-for-money in implementing the budget, while praising the National Assembly for its swift passage of the bill.
He also reaffirmed his administration’s commitment to economic reforms, revenue growth, job creation, and social welfare improvements.
The Peoples Democratic Party (PDP) in Kwara State has described moves to prosecute former Senate President Bukola Saraki and former Governor Abdulfatah Ahmed over alleged culpable homicide as an attempt to reopen the 2018 Offa robbery tragedy for political purposes.....KINDLY READ THE FULL STORY HERE▶
In a statement on Friday, the party’s spokesperson, Olusegun Adewara, said the development is a disturbing and dangerous politicisation of a case they claim has already been addressed through judicial processes.
He warned against dragging the state into fresh tension, accusing the state government of attempting to revive old allegations for political advantage.
Adewara said the PDP would not remain silent while what he called “political narratives” are used to influence public perception around a tragic incident that claimed multiple lives in Offa in 2018.
He also urged residents, especially affected families, not to allow their pain to be used for political gains, insisting it is unjust to associate Saraki with the crime.
The party further alleged that the move is aimed at distracting attention from governance challenges in the state.
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