The former presidential candidate of the Labour Party in the 2023 election, Peter Obi has called for greater transparency and accountability regarding Nigeria’s budget. Henzodaily reports that the federal government had in a letter to the National Assembly asked for an increase in the 2025 budget from ₦49.7 trillion to ₦54.2 trillion. Reacting in a post … Read more
The federal government has disclosed that the 2025 budget was increased from ₦49.7 trillion to ₦54.2 trillion because there is a consensus that revenue-generating institutions concerned can raise more funds. The Minister of Budget and Economic Planning, Atiku Bagudu, made the disclosure on Wednesday shortly after seeing off President Bola Tinubu at the Nnamdi Azikiwe … Read more
President Bola Ahmed Tinubu has increased the proposed total budget size for 2025 from N49.7trillion he presented to the joint session of the National Assembly on December 18, 2024 to N54.2trillion . President Tinubu announced an increase in the proposed budget size through separate letters forwarded to both the Senate and the House … Read more
President Bola Ahmed Tinubu has increased the proposed 2025 budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenue generated by key government agencies. Henzodaily reports that the announcement was made through separate letters sent to both the Senate and the House of Representatives. Reading the letter during plenary, Senate President Godswill Akpabio stated that the … Read more
The National Assembly may pass the ₦49.7 trillion federal budget this week, barring any change in plans or unexpected hindrances. Henzodaily understands the Senate and House of Representatives joint Committees on Appropriation are expected to lay their reports on the budget tomorrow when plenary resumes. It would be recalled that both chambers of the National … Read more
The government of Kano State has allocated ₦2.5 billion for mass weddings throughout its 44 Local Government Areas. This announcement was made by the Commissioner for Planning and Budget, Musa Shanono, during the presentation of the state’s ₦719.7 billion budget for the year 2025. Additionally, Shanono indicated that ₦4 billion has been designated for a … Read more
The Federal Government says it has allocated N940.5 billion to the Tertiary Education Trust Fund (TETFund) in the 2025 fiscal year, to enhance manpower and infrastructure development in the education sector. President Bola Tinubu stated this on Saturday at the 42nd Founders’ Day and 33rd Convocation of the Federal University of Technology, Minna. … Read more
The House of Representatives has rubbished claims that some lawmakers are demanding bribes from vice-chancellors of federal universities to approve their allocations in the 2025 budget. The House of Reps said such allegations are unfounded and simply an attempt to blackmail the lawmakers. Henzodaily recalls that an online news medium had claimed some lawmakers in … Read more
The Chairman of the House of Representatives Committee on University Education, Abubakar Hassan Fulata, has denied allegations that the lawmakers demanded ₦480 Million in bribes to approve the allocation for some federal universities and other tertiary institutions in the 2025 budget. He said those spreading such reports are only trying to undermine the efforts of … Read more
The Deputy Spokesperson of the House of Representatives, Hon. Philip Agbese, has assured that the National Assembly will rigorously examine the ₦49.70 trillion 2025 Appropriation Bill presented by President Bola Tinubu in December 2024, stating that there will be no compromises in the review process. Agbese emphasized that only budget proposals that align with the … Read more