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Lawmaker laments over 2023, 2024, 2025 budget running in one circle
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A Honourable member, representing Katagum Federal Constituency of Bauchi State, Rep Auwalu Abdu Gwalabe has bemeaoned about Nigeria running four budgets concurrently in one year, including the 2023 and 2024 budgets and their supplementary budgets.
He described this situation as unprecedented in Nigeria’s history.
Gwalabe questioned the practicality of presenting the 2025 budget while previous budgets remain unresolved and highlighted the potential consequences of concurrent budget implementation, including, Delayed Project Implementation: The 2023 budget may extend into June 2025 or face further extensions, Inefficient Resource Allocation:, The overlap of budgets may lead to confusion and inefficiencies, Unclear Benefits: Nigerians may not feel the impacts of previous budgets.
The Lawmaker under the platform of the Peoples Democratic Party (PDP) stated this Journalists in an interview shortly after the presentation of the 2025 Appropriation Bill.
As a member of the opposition party, Gwalabe emphasized his commitment to supporting policies benefiting the poor and grassroots populations and urged the government to fund the 2025 budget effectively to achieve its promised “Restoration” goals.
He therefore prayed that the government would be able to fund the 2025 budget or else the Restoration that they are talking about will not be possible.
“Because you can’t be running the budgets concurrently. My main concern about this budget is that it says it’s a budget of restoration, that’s okay; but the 2023 budget is still running.
“We are running four budgets in one year – 2023 budget and its supplementary and 2024 budget and its supplementary. The 2023 budget will probably enlaps in June 2025 or they may extend it.
“Now, the budget of 2025 will enlaps when? That’s my major concern. When will the common man feel the impacts of the 2023 and 2024 budgets?
“If you look at last year’s budget, the capital expenditure was higher, which has never been in the history of Nigeria. The recurrent expenditure was low, less than 40%, but this budget of 2025 is saying 50% is going for the capital expenditure while 48% goes for the recurrent expenditure.
“So, there’s an increase in the recurrent expenditure, that’s where I have a very good question. I come from the opposition party”, he stressed.
“I pray that the government will be able to fund the 2025 budget or else that restoration that they are talking about will not be possible because you can’t be running the budgets concurrently.
On the impact of the 2023 budget, the lawmaker said, “Ask yourself if there is any relief? Check the 2024 budget, is there any form of respite for the people, let alone the one that was brought today.
“Now the question is not for me alone, it’s for all Nigerians. They will have to decide if they have enjoyed the 2023 and 2024 budget” he noted.
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), the country’s benchmark interest rate, at 26.5 percent.
The decision was announced at the end of the 306th meeting of the MPC, held in Abuja on July 20 and 21, 2026.
All 11 members of the committee attended the two-day meeting, where they reviewed recent domestic and global economic developments before deciding to leave the benchmark lending rate unchanged.
The decision means the CBN has maintained its tight monetary policy stance amid efforts to sustain the moderation in inflation, stabilise the foreign exchange market and consolidate recent macroeconomic gains.
Details shortly…
Adamawa State Governor Ahmadu Umaru Fintiri has approved a new minimum monthly pension of ₦50,000 for retired civil servants in the state.Government
The new payment will begin next month and means no pensioner will receive less than the approved amount.
The governor announced the decision during his appearance on a live entertainment programme, Taba Kidi Taba Karatu, aired by the Adamawa Broadcasting Corporation (ABC) in Yola at the weekend.
Fintiri said it was unfair for some retired workers to survive on monthly pensions below ₦10,000 after spending many years serving the state.
He said the increase was introduced to give retired civil servants better living conditions and allow them to enjoy life after leaving public service.
He explained that his administration has continued to improve the welfare of workers by paying salaries on time, approving promotions, employing qualified workers and improving pension payments.
According to him, the new pension package is another step in fulfilling promises made to the people of Adamawa.
The governor also assured residents that all projects started by his administration would be completed before the end of his tenure.
He listed some of the projects to include the International Conference Hall, a modern shopping complex, the NYSC Orientation Camp, the Mother and Child Hospital, road projects, school facilities and other public investments across the state.
By Gloria Ikibah
Al-Ittihad forward, George Ilenikhena has won praise after presenting a brand new car to renowned cleric, Apostle Okechukwu Etiaka, in appreciation of the spiritual guidance, encouragement and support he received before rising to international football.
The thoughtful gesture was warmly received by members of the church and well-wishers, who described it as a powerful reminder of the importance of remembering those who played a role in one’s success.
The presentation was an emotional moment as Apostle Etiaka received the vehicle with gratitude, while family members, church members and supporters celebrated the footballer’s act of generosity and offered prayers for his continued success on and off the pitch.
Beyond the gift itself, Ilenikhena’s action has been widely viewed as an example of humility and gratitude, showing that success is not only measured by achievements on the field but also by the willingness to acknowledge those who helped make the journey possible.
The gesture has also drawn attention to the positive influence athletes can have within society. By recognising a mentor who stood by him before his breakthrough, the young footballer has reinforced the values of appreciation, loyalty and giving back to the community.
For many observers, the moment serves as a reminder that football is more than goals and trophies. It also provides a platform for players to inspire others through acts of kindness, encourage young people to value mentorship, and demonstrate that true success includes lifting others and honouring those who made the journey possible.
See Black Market Dollar To Naira Exchange Rate Today 21st July 2026
Breaking: CBN retains interest rate at 26.5%
Good news: State governor increases minimum pension for retirees
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