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“We Will Show No Mercy”: Tinubu Unveils ₦58.47trn 2026 Budget, Declares War On Terror.
President Bola Tinubu on Friday presented a ₦58.47 trillion federal budget proposal for the 2026 fiscal year to a joint session of the National Assembly, declaring a renewed and uncompromising stance against terrorism, banditry, kidnapping and other criminal activities across the country.....KINDLY READ THE FULL STORY HERE▶
According to Nivo News, the President announced that the 2026 appropriation bill, tagged Budget of Consolidation, Renewed Resilience and Shared Prosperity, represents a decisive turning point in Nigeria’s fiscal management, introducing what he described as a “hard reset” to the budgeting process.
Tinubu disclosed that all outstanding capital liabilities from previous years would be fully funded by March 2026, stressing that the country would transition to a single-budget system from April 2026 with no provision for rollover spending. He said the move is aimed at strengthening fiscal discipline, improving project execution and restoring confidence in government finances.
Addressing lawmakers during the presentation, the President issued a stern warning to criminal elements, vowing that the government would adopt a far more aggressive and uncompromising approach in tackling insecurity nationwide. He declared that there would be no mercy for terrorists, bandits, kidnappers and perpetrators of violent crimes, adding that Nigeria’s security architecture would be fundamentally restructured to confront emerging threats more decisively.
Details from the budget proposal show that the 2026 fiscal framework is based on a crude oil production benchmark of 1.84 million barrels per day, with an exchange rate projection of ₦1,400 to the United States dollar.
Sectoral allocations indicate a strong focus on national security and infrastructure, with defence and security receiving the highest allocation of ₦5.41 trillion. Infrastructure followed with ₦3.56 trillion, while education was allocated ₦3.52 trillion. The health sector is set to receive ₦2.48 trillion under the proposed spending plan.
President Tinubu maintained that the 2026 budget is designed to consolidate ongoing reforms, enhance economic resilience and ensure that the benefits of growth are more widely shared among Nigerians.
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Resignation from Post and Party: Bala Salihu Ngalda, the All Progressives Congress (APC) Chairman for Pantami Ward in Gombe State, has officially resigned from his leadership role and exited the party effective immediately, as stated in a resignation letter dated July 27, 2026.....KINDLY READ THE FULL STORY HERE▶
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Consultation and Process: Ngalda made the decision following thorough deliberation and wide consultations with his family members, and he expressed confidence that the APC leadership would respect his choice to step down.
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Undisclosed Reasons and Future Plans: Although he did not reveal the reasons behind his departure or his next political move—including whether he intends to switch to another party—he kept his future political destination unstated.
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Gratitude to Stakeholders: Despite quitting, Ngalda thanked the APC hierarchy at ward, local government, state, and national levels for the platform to serve, while also acknowledging the backing he received from the Gombe State Government during his time in office.
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Ongoing Respect: Ngalda concluded that leaving the party does not diminish his regard for the APC and its core principles, offering his best wishes for its continued progress and success.
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entertainment
THE STRATEGY THAT FAILED: Why Ike Onyema Believes He Would Have Smashed The BBNaija Prize!
During an interview with Kaptain Jeff TV, former BBNaija ‘Pepper Dem’ housemate Ike Onyema admitted that he regrets not adopting a more emotional approach—such as crying on screen—which he believes would have helped him secure the grand prize. He noted that he initially thought winning tasks alone would be enough to win the competition, revealing that his earnings from his first stint totaled less than ₦4 million through fragmented rewards like ₦500,000 or ₦300,000. Reflecting on his time in the house, Ike stated that he has no regrets about his genuine romantic relationship, emphasizing that his only real regret is missing out on the ultimate cash prize.....KINDLY READ THE FULL STORY HERE▶
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BOMBAY BLOWOUT! Oshiomhole Unmasks The Brutal Truth Behind Tinubu’s Shocking Lagos Defeat To Peter Obi!.
Adams Oshiomhole, the senator representing Edo North, claimed that former Central Bank Governor Godwin Emefiele’s naira redesign policy was the reason Peter Obi defeated President Bola Tinubu in Lagos during the 2023 elections. During an interview on TVC on Monday, Oshiomhole explained that voter frustration over extreme cash shortages drove Lagosians to reject the ruling APC. He stated that the administration of former President Muhammadu Buhari practically confiscated funds by altering the currency, forcing citizens to endure grueling overnight lines at ATMs and POS operators just to access limited cash. According to Oshiomhole, this manufactured hardship and public anger naturally led citizens to vote against the ruling party.....KINDLY READ THE FULL STORY HERE▶
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