Connect with us

latest

Security, Infrastructure Top Agenda As Tinubu Submits ₦54.46 Trillion Budget.

Published

on

President Bola Ahmed Tinubu has formally presented the ₦54.46 trillion 2026 Appropriation Bill to a joint sitting of the National Assembly, outlining the Federal Government’s fiscal priorities for the coming year.....KINDLY READ THE FULL STORY HERE▶

According to Nivo News, the proposed budget allocates ₦15.25 trillion to recurrent (non-debt) expenditure, while capital expenditure is pegged at ₦26.08 trillion, reflecting the administration’s focus on economic growth and infrastructure development.

The President set the crude oil benchmark for the 2026 fiscal year at US$64.85 per barrel, with daily oil production projected at 1.84 million barrels. The exchange rate assumption for the budget was fixed at ₦1,400 to one US Dollar.

Details of the spending framework show that defence and security received the largest allocation at ₦5.41 trillion, underscoring the government’s emphasis on national security. Infrastructure followed closely with a proposed ₦3.56 trillion allocation.

Education was earmarked ₦3.52 trillion, while the health sector is set to receive ₦2.48 trillion under the proposal, which the President described as the “Budget of Consolidation, Renewed Resilience and Shared Prosperity.”

More details are expected to emerge as lawmakers begin deliberations on the spending plan.

Advertisement

latest

“Terror Link Shock: Federal Government Drags Borno Youth Leader To Court Over Alleged Boko Haram Ties!”

Published

on

The Federal High Court in Abuja on Wednesday remanded Samaila Ibrahim Kaigama, President of the Borno State Youths Association (BOSYA), in Department of State Services (DSS) custody following his arraignment on terrorism charges before Justice Salim Ibrahim.....KINDLY READ THE FULL STORY HERE▶

    • Custody & Trial Date: Justice Ibrahim ordered Kaigama to remain detained by the DSS and adjourned the matter to September 25, 2026, for the commencement of the trial.

    • Allegations & Background: Although formal charges were not immediately disclosed, investigators connected the case to allegations of communication with Boko Haram terrorists and the extortion of victims’ families regarding ransom payments.

    • Media Appearance: Scrutiny intensified following a Channels Television interview where Kaigama publicly admitted to holding discussions with Boko Haram members over ransom negotiations for abducted individuals.

Continue Reading

latest

“The Pulpit Presidency: How Governor Alia Turned Benue State Government House Into A One-Man Church!”

Published

on

  • Senate Minority Leader Abba Moro criticized Benue State Governor Hyacinth Alia’s governance style on AIT’s Democracy Today, alleging that the state is run like a church where instructions originate from only one individual.....KINDLY READ THE FULL STORY HERE▶

    • Senate Minority Leader Abba Moro criticized Benue State Governor Hyacinth Alia’s governance style during an appearance on AIT’s Democracy Today, claiming the state is operated like a church where directives come from a single individual.

      • Moro alleged that all key decisions are centralized under Governor Alia, stripping political appointees and commissioners of meaningful responsibilities and forcing them out of roles normally handled by senior officials.

      • Highlighting the lack of financial autonomy within the administration, Moro recounted an instance where a commissioner could only donate ₦150,000 to be split across three IDP camps, and asserted that even the deputy governor lacks the independence to spend ₦1,000,000.

Continue Reading

latest

“Benue is Not A Parish! Senator Abba Moro Fires Back Over The State’s Surprising ‘Church’ Reputation!”

Published

on

  • Senate Minority Leader Abba Moro criticized Benue State Governor Hyacinth Alia’s governance style on AIT’s Democracy Today, alleging that the state is run like a church where instructions originate from only one individual.....KINDLY READ THE FULL STORY HERE▶

    • Moro claimed that the governor has centralized power by taking over responsibilities meant for other officials, leaving commissioners and political appointees with virtually no meaningful duties or financial authority.

    • To illustrate the limited power of local officials, Moro recounted visiting IDP camps where a commissioner could only allocate ₦150,000 to be split across three camps, and asserted that even the deputy governor lacks the authority to independently spend ₦1,000,000 in emergencies.

Continue Reading

Trending