Politics
Breaking: Detailed Breakdown Of The 2024 Budget As Unveiled By President Bola Tinubu (See Full Details)
President Bola Tinubu has disclosed the budget estimates for the 2024 fiscal year, amounting to N27.5 trillion. The budget, labeled the “Budget of Renewed Hope,” was presented to a joint session of the National Assembly and is currently undergoing thorough scrutiny for final approval….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
During the presentation, President Tinubu emphasized the key objectives of the proposed budget, aiming for job-rich economic growth, macro-economic stability, an improved investment environment, enhanced human capital development, and initiatives focused on poverty reduction and increased access to social security.
According to a document released by the Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, here is the breakdown of critical allocations in the 2024 budget:
Education: N2.18 Trillion (7.9% of Budget)
N1.23 trillion: Federal Ministry of Education and its agencies (Recurrent & Capital expenditure)
N251.47 billion: Universal Basic Education Commission (UBEC)
N700.0 billion: Transfers to the Tertiary Education Trust Fund (TETFUND) for infrastructure projects in Tertiary institutions
Health: N1.33 Trillion (5% of Budget)
N1.07 trillion: Federal Ministry of Health and its agencies (Recurrent & Capital expenditure)
N137.21 billion: Gavi/ Immunization funds, including Counterpart Funding for Donor Supported Programmes
N125.74 billion: Transfer to Basic Healthcare Provision Fund (BHCPF) 1% of CRF
Defence and Security: N3.25 trillion (12% of Budget)
Amount provisioned for the Military, Police, Intelligence & ParaMilitary (Recurrent & Capital expenditure)
Infrastructure: N1.32 trillion (5% of Budget)
Provisions for Works & Housing, Power, Transport, Water Resources, Aviation
Social Development & Poverty Reduction Programmes:** N534 billion (2% of Budget)
Amount provisioned for Social Investments / Poverty Reduction Programmes.
Labour Party chieftain Abayomi Arabambi has instituted a legal action against the University of Nigeria, Nsukka (UNN) at the Federal High Court in Abuja, following the institution’s alleged failure to release the academic records of Nigerian Democratic Congress presidential candidate, Peter Obi.....KINDLY READ THE FULL STORY HERE▶
In the originating motion filed on September 9 by his counsel, Anderson Asemota, Arabambi—represented alongside the Vice Chancellor as respondents—stated that his formal request for a Certified True Copy (CTC) of Obi’s 1984 Bachelor of Arts degree certificate in Philosophy (certificate number D000198) was ignored. He noted that the application, submitted under the Freedom of Information (FoI) Act, 2011 on August 6 following an initial letter, was neither granted nor formally declined with a written notice of refusal within the statutory timeframe prescribed by the law. Consequently, the suit seeks an order of mandamus to compel the university to fulfill its statutory duty by responding to his July 16 request.
Elder statesman and former National Chairman of the Peoples Democratic Party (PDP), Bamanga Tukur, passed away in Abuja on Saturday, just three days shy of his 91st birthday. Following his passing, funeral arrangements announced by his son, Awwal Tukur, indicate that his remains will be transported to Yola, Adamawa State, on Saturday evening. The final interment is scheduled for Sunday, September 13, following funeral prayers to be held at the Lamido Adamawa’s Palace in Yola at 10:00 a.m.....KINDLY READ THE FULL STORY HERE▶
These details were formally communicated through a press statement issued by Humwashi Wonosikou, the Chief Press Secretary to Governor Ahmadu Fintiri. The late elder statesman is survived by two wives and 18 children, a family legacy that includes Awwal Tukur, who currently serves as the Secretary to the Adamawa State Government.
Former Benue State Governor Samuel Ortom has challenged Governor Hyacinth Alia’s administration to account for approximately ₦1.2 trillion received from the Federation Account Allocation Committee (FAAC) following the removal of the fuel subsidy. Speaking through his former media adviser Terver Akase during a press briefing in Makurdi, Ortom argued that despite these record inflows—which include allocations for the state’s 23 local government areas—the administration has failed to show commensurate infrastructural projects or government presence. He criticized government officials for avoiding transparency and resorting to propaganda instead of addressing public accountability.....KINDLY READ THE FULL STORY HERE▶
In a swift counter-statement, Governor Alia’s Chief Press Secretary, Sir Tersoo Kula, defended the administration’s track record, pointing out that increased revenue does not equate to infinite resources. Kula contrasted the current economic realities—such as soaring inflation, high construction costs, and security challenges—with Ortom’s tenure, noting that the previous administration frequently used a lack of funds as an excuse for poor performance.
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