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Tinubu presents N47.9trn 2025 Resurrection Budget
Defence and insecurity , infrastructure, health and education were some of the sectors with high allocations in the N47.9tn Budget Proposal presented by President Bola Tinubu before a joint session of the National Assembly on Wednesday afternoon.
“It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Resurrection Budget’ security peace, building prosperity,” Tinubu said as he concluded his 30-minute speech at 1:10pm on Wednesday.
Earlier in his presentation, the President listed some of the highlights of the budget as defence and security – N4.91tn, infrastructure – N4.06tn, health – N2.4tn, education – N3.5tn, among others.
He expressed commitment to economic renewal, thanking all Nigerians for embarking on the journey of reform and transformation in the last 18 months together.
The President said the economy is responding to stimulus and that his government would continue to take the right steps for economic progress. “The reforms yielding results, no reversals,” he said.
Tinubu stressed that food security is non-negotiable, adding that the government is taking steps to ensure Nigerians feed and not go to bed hungry.
Tinubu said, “Our 2025 is not just another statement of projected government revenue and expenditure; it is one that calls for action.
It is disheartening that those who have not taken the time to understand these bills are the loudest critics. I urge all Nigerians, especially those in public office, to engage with these vital reforms thoughtfully. This initiative marks the first comprehensive tax reform since Nigeria’s independence, presenting a transformative opportunity for rejuvenating small and medium enterprises and enhancing the livelihoods of ordinary Nigerians.
“These reforms will not only improve Nigeria’s revenue profile but also create a more conducive and internationally competitive business environment, transforming our tax system to support sustainable development.”
News
Insecurity! Troops arrest Bello Turji’s ally Bako, silence 211 terrorists in 7 days
A suspected terrorist has been nabbed by the troops in the North West theatre of operation.
The arrested high profile and notorious terrorist was identified as Bako Wurgi. The terror leader is linked to the murder of the Sokoto Monarch and a staunch ally of wanted high profile terrorist Bello Turji’s.
In a statement made available to journalists on Friday in Abuja, the Defence Director Media Operations, Major General Edward Buba said the arrested terrorist leader, Bako Wurgi, eventually succumbed to gun shot injuries sustained during the fire fight.
According to General Buba, the terrorist leader Wurgi provided valuable intelligence to support troops operations before he eventually passed on.
General Buba also disclosed that another two high profile terrorists identified as Hamisu Sale (aka Master) and Abubakar Muhammad were arrested during seperate operations conducted in North Central theatre of operation.
In his words, the duo are cooperating and providing valuable intelligence on the terror network.
The DHQ spokesman was deadpan when he said that, “Troops are on high alert and have increased readiness to protect the country from further terrorist aggression, particularly during the yuletide.
Accordingly, robust operations targeted at terrorist leadership are being conducted across the various theatres of operations.”
He disclosed that during the week under review, troops neutralised 212 and arrested 272 persons.
The DHQ publicist informed that troops recovered 247 assorted weapons and 6,174 assorted ammunition.
Giving the breakdown, General Buba said 2 RPG UXO4, 110 AK47 rifles, 56 fabricated rifles, 36 dane guns and 2 FN rifles were recovered during the week under review.
Others include, 2 baretta pistols, 15 locally made pistols, 2 revolver pistols, 12 pump action guns, 2 double barrel guns, one single barrel gun, one RPG bomb, one RPG tube, 2 exploded RPG chargers, one PKM link, one link of GPMG and 70 AK47 magazines.
Also recovered are 3,235 rounds of 7.62mm special ammo, 1,583 rounds of 7.62mm NATO, 130 rounds of 7.62 x 51mm ammo, 400 rounds of 7.62 x 39mm ammo, 92 rounds of 7.62 x 54mm ammo, 107 rounds of 9mm ammo, 311 live cartridges, one FN magazine, 3 bandoliers, 5 baofeng radios, 8 vehicles, 51 motorcycles and 103 mobile phones amongst other items.
News
Speaker Abbas Refutes Claims of Outstanding Land Payment to FCTA
By Gloria Ikibah
The Speaker of the House of Representatives, Rep. Tajudeen Abbas, has clarified reports alleging that his land title in the Federal Capital Territory (FCT) was revoked due to unpaid dues.
In a press statement issued on December 20, 2024, the Speaker’s Special Adviser on Media and Publicity, Musa Abdullahi Krishi, affirmed that Speaker Abbas owns only one land title in the FCT and had fully settled the required payment in October 2024. This payment was made promptly after the Federal Capital Territory Administration (FCTA) issued public notices in the newspapers regarding outstanding obligations.
The Speaker described the inclusion of his name among defaulters as an error on the part of the FCTA and urged the agency to exercise greater caution in managing such matters.
He also called on the media to verify facts thoroughly before publishing reports, cautioning against the dissemination of misleading information that could tarnish his reputation.
The Speaker therefore appealed for restraint in circulating inaccurate.
News
Wike gives final ultimatum to land owners to pay for C-of-O
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has given owners of the 762 plots of land in Maitama II District, Cadastral Zone, A10, Abuja, a fresh two-week ultimatum to pay for their Certificates of Occupancy (C-of-O) or risk final revocation of their allocations.
According to a statement on Friday, by his Senior Special Assistant on Public Communications and New Media, Lere Olayinka, the FCT Minister reiterated that the primary interest was not for people to lose their lands, but to get them to make necessary payments to the government.
The statement read: “It should be recalled that on October 5, 2024, list of 3,273 allottees/title holders that were yet to pay for their C-of-O were published. They were offered two weeks to pay their bills or lose their Right of Occupancy (R-of-O) titles. Out of the 3,273, a total of 2,511 complied, leaving 762.
Yesterday, notice of withdrawal of the R-of-O titles of the 762 defaulters was published.
“Since then, many of the affected allottees have offered to pay, and since the primary aim of the government is to ensure payment, a two weeks grace has been given.
“Consequently, the 762 allottees and the 614 others with outstanding payment on C-of-O will have till January 3, 2025 to pay, or have their R-of-O titles withdrawn, pursuant to the provisions of Section 28 of the Land Use Act of 1978.
After January 3, 2025, there will be no further extension and withdrawal of the R-of-O titles of defaulters will be final.”
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