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‎Tinubu Cites Higher Revenue Projections as Reason for 2025 Budget Hike Request

‎Tinubu Cites Higher Revenue Projections as Reason for 2025 Budget Hike Request ‎President Bola Tinubu has urged the Senate to raise the 2025 budget from N49.7 trillion to N54.2 trillion, a N4.5 trillion increase, citing improved revenue projections as the main reason. ‎Senate President Godswill Akpabio...

‎Senate Reviews Tinubu’s N4.5trn Budget Hike

‎Senate Reviews Tinubu’s N4.5trn Budget Hike ‎President Bola Tinubu has requested the Senate to increase the 2025 budget from N49.7 trillion to N54.2 trillion, a N4.5 trillion hike. ‎ ‎Senate President Godswill Akpabio read the request during Wednesday’s plenary, citing additional revenues from: ‎ ‎N1.4 trillion (Federal Inland Revenue...

Borno Flood: Tinubu Approves N80bn for Alao Dam Reconstruction

Borno Flood: Tinubu Approves N80bn for Alao Dam Reconstruction President Bola Ahmed Tinubu has approved N80 billion for the immediate reconstruction and expansion of the Alau Dam in Borno State. Located in the Alau community of Konduga, Borno, the dam was built between 1984 and...

FG Aims 2.7mbpd Crude Oil Production as OPEC Pledges to Monitor Quotas

FG Aims 2.7mbpd Crude Oil Production as OPEC Pledges to Monitor Quotas Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027. This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, according to...

FEC Approves N885bn for Road Projects

FEC Approves N885bn for Road Projects The federal executive council (FEC), presided over by President Bola Tinubu, has approved N885 billion for the execution of 10 road projects. Speaking after the FEC meeting on Monday in Abuja, David Umahi, minister of works, said the projects are...

SERAP to FG: Probe Missing N26bn in Petroleum Ministry

SERAP to FG: Probe Missing N26bn in Petroleum Ministry Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to direct the Attorney General of the Federation and Minister of Justice, Mr Lateef Fagbemi (SAN), and appropriate anti-corruption agencies to promptly probe allegations that...