The Chairman of Badagry-West Local Council Development Area in Lagos State, Mr Joseph Gbenu, on Tuesday presented a budget estimate of N6.89 billion for 2025 fiscal year to the council legislators. NAN reports that the budget is tagged “Budget of Consolidation”. Gbenu said that the budget would prioritise infrastructural development, healthcare services, education … Read more
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that Nigeria’s economy is making significant strides in recovery and growth. Henzodaily reports that Edun stated this on Monday, in Abuja, during the 2025 budget defense before the Senate Committee on Finance. According to a statement from the Ministry’s spokesman, Mohammed … Read more
The House of Representatives Committee on Navy has recommended that the Nigerian Navy receive improved funding to protect the country’s waterways, rather than establishing a Coast Guard. The Chairman of the committee, Rep. Yusuf Gagdi (APC-Plateau), made the recommendation at the 2025 budget defence session in Abuja on Monday. Gagdi said the Nigerian … Read more
The Minister of Works, Mr Dave Umahi, says the N800 billion allocated to the ministry in the 2025 budget is inadequate to address the country’s road infrastructure needs. Umahi stated this in Abuja during the 2025 budget defence session organised by the House Committee on Works. He appealed to the committee to use its legislative … Read more
The Minister of Petroleum (Oil), Senator Heineken Lokpobiri, and the Minister of State for Petroleum (Gas), Hon. Ekperikpe Ekpo, on Friday, attended the 2025 budget defence session at the National Assembly. Henzodaily gathered that the session was marked by disruptions as lawmakers expressed frustration over the absence of budget documents prior to the meeting. The … Read more
The National Assembly appears set to increase the proposed ₦47.94 trillion budget for 2025, following widespread appeals from Ministries, Departments, and Agencies (MDAs) during budget defence sessions. Henzodaily reports that lawmakers have expressed dissatisfaction with the allocations provided by the Presidency, citing inadequate funding across various sectors. Over recent days, the Assembly has been a … Read more
The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, has addressed the incident that occurred during the presentation of the Nigeria Police Force 2025 budget to the Joint Committees on Police Affairs and Police Institutions at the National Assembly Complex, Abuja, on January 16, 2025. Henzodaily reports that the IGP described the disruption as unnecessary and … Read more
A heated budget defense session with Inspector General of Police (IGP), Kayode Egbetokun, has reignited calls within the National Assembly to reform the funding framework for the Nigeria Police Force. The session saw lawmakers condemning the envelope budgeting system as inadequate for meeting the police’s operational and security demands. Federal lawmakers expressed concerns about insufficient … Read more
The Nigeria Police Force (NPF) has called for the establishment of a Special Operations Account to fund emergency internal security operations. The Inspector-General of Police, Kayode Egbetokun, made the call on Thursday during the 2025 budget defence before the joint Committee on Police Affairs and Police Institutions. Egbetokun explained that, in spite of incremental progress, … Read more
The Osun state government has set a target of N109.8 billion as Internally Generated Revenue (IGR) to finance its N427 billion budget for 2025. The Commissioner for Economic Planning, Budget and Development, Prof. Moruf Adeleke, disclosed this during the analysis of the state’s 2025 budget, on Thursday in Osogbo. Adeleke said while the … Read more