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FEC approves 2025 budget ahead of presentation to NASS

The Federal Executive Council (FEC) has granted final approval for the 2025 budget, which is set to be presented by President Bola Tinubu. The decision was made during an FEC meeting held on Monday at the Presidential Villa, Abuja, and chaired by the president.
Speaking to State House correspondents after the meeting, the Minister of Budget and Economic Planning, Atiku Bagudu, disclosed that the total expenditure for 2025 is projected at ₦47.96 trillion. This represents a 36.8% increase from the 2024 budget estimate.
Bagudu outlined key assumptions underpinning the 2025 Appropriation Bill, including: An oil price benchmark of $75 per barrel, Daily oil production of 2.06 million barrels, and an exchange rate of ₦1,400 to the US dollar.
The total projected revenue for the 2025 budget is estimated at ₦34.82 trillion, while the budget deficit stands at ₦13.13 trillion, or 3.89% of the Gross Domestic Product (GDP). Bagudu noted that the Tinubu administration inherited a deficit of ₦6.1 trillion from the 2023 budget.
Presentation Date Uncertain
Despite the approval, it remains unclear when President Tinubu will present the 2025 budget to the National Assembly (NASS). Initially scheduled for Tuesday, December 17, the presentation may be postponed due to ongoing consultations between the Executive arm and the NASS leadership.
The Minister of Information, Mohammed Idris, addressed the issue, stating that the presentation date is ultimately the prerogative of the National Assembly. “There is an ongoing engagement with NASS, and it is most likely that the presentation of the 2025 Appropriation Bill may now take place on Wednesday,” Idris said.
President Tinubu was originally slated to present the budget document to the legislature on Tuesday, but discussions regarding the scheduling are still ongoing.
News
Protests erupt in Plateau over incessant k!llings

Protests erupted in Jos, the Plateau State capital, on Monday morning over the continued killings of indigenous residents by gunmen suspected to be Fulani militants.
The demonstrations, led by Christian leaders including the state chairman of the Christian Association of Nigeria, Rev. Polycarp Lubo, commenced on Monday morning at the Fawvwei Junction community road, causing a heavy gridlock and stranding commuters.
The latest protest comes amid a surge in violent attacks by gunmen in various communities, with over 100 people killed in Bokkos and Bassa LGAS in the past two weeks.
“We are not happy over the continuous attacks and killings by gunmen in our communities. That’s why we have come out again to protest these happenings,” said Gyang Dalyop, one of the protesters.
Another protester, Hannatu Philip, called on the government to intervene before it spirals out of control.
The protesters brandishing placards with different inscriptions were seen marching towards the Rayfield Government House.
News
Tinubu not your equal – Presidency replies Peter Obi’s ex-running mate, Datti

The Presidency has said the former Labour Party, LP, presidential running mate, Yusuf Datti Baba-Ahmed is no match for President Bola Tinubu.
Tinubu’s Special Adviser on Media and Public Communication, Sunday Dare was reacting to Datti’s remark that he (Tinubu) would not run for the presidency in 2027.
The former LP running mate insisted that Tinubu’s time is up, adding that everything is there for the president and the ruling All Progressives Party, APC, to see that they lose in 2027.
Dismissing such remark, Dare likened Datti’s comment to the new year predictions of charlatan ‘prophets’ which never come through.
In a statement he signed, Dare said the likes of Peter Obi and Datti would have been president left for the latter’s theories.
According to Dare, Datti has chosen to venture into an unfamiliar terrain.
The statement reads partly: “Yusuf Datti Baba-Ahmed’s “illogical logic” was all over the place in his recent interview with a television channel.
“Listening to Yusuf Datti Baba- Ahmed spurn his postulations about the political future of Nigeria and that of the incumbent President is like listening to the new year predictions of charlatan ‘prophets’ which never come through. Yusuf Baba Ahmed and his co-traveller Peter Obi are indeed a “double whammy“ in the Nigerian political space.
“He chose to base his political calculations on President Bola Tinubu not winning a second term given his antecedents and because Nigerians will decide at the polls among other things. He conveniently avoided the substance of performance and capacity.
“Unfortunately, he chose to walk into a lane he was unfamiliar with and chose to confront a politician he is no match for.”
Similarly, the Presidency had also stressed that Tinubu will reveal his plans for a second term at the right time.
It said the APC 2027 presidential campaign billboards had no links to Tinubu and Vice President Kashim Shettima.
News
‘Conducting unfair election in 2027 will lead to Nigeria’s demise’ – Top Northern Politician Sends Warning To Tinubu

Hakeem Baba-Ahmed, a former aide to Vice President Kashim Shettima has warned that any attempt by the government in power to manipulate the 2027 general elections will be resisted.
He also said that should the polls or its results be tampered with, this would create dire consequences for the country.
Baba-Ahmed said this in a viral video seen by 9NEWS NIGERIA.
The former leader of the Northern Elders Forum who just resigned his position as a presidential aide said conducting a bad election might lead to Nigeria’s end.
“Conducting a bad election in 2027 may lead to the end of Nigeria, I swear to God,” Baba-Ahmed said.
He further stated that elders from the Northern region would soon take a stand on the nation’s politics ahead of the 2027 election.
“There will be a time we will come out and say it’s okay, and it’s soon. This injustice is over. We know who we are,” he warned.
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