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Gov Eno presents N955bn budget to Akwa Ibom Assembly
Akwa Ibom State governor, Pastor Umo Eno, presented a proposed total budget outlay of N955 billion for the 2025 fiscal year to the State House of Assembly for consideration on Tuesday.
This was against the revised provision of N923.46 billion in the 2024 budget.
The 2025 financial appropriation estimate comprised recurrent expenditures of N300 billion and capital expenditures of N655 billion.
Eno said that the total capital receipts and expenditure for the year 2025 is estimated at N655 billion as against the proposed revised provision of N573.32 billion for 2024.
He said that the 2025 Budget, which is christened “Budget for Consolidation and Expansion,” is predicated on an oil benchmark of $75 per barrel at a production rate of 2.12 million barrels per day with an estimated exchange rate of N1,400/US$.
The Governor added that the 2025 oil benchmark and exchange rate is in line with the National Budget benchmark projections.
He said that the total projected recurrent revenue for 2025 is estimated at ₦830 billion as against the proposed revised provision of B803.70 billion, representing a 3 per cent increase in revenue projection for the year 2025.
The governor said the policy thrust objectives of the 2025 budget would be to achieve food security through investing heavily in the agricultural revolution.
Other objectives included rural development through robust investments in modern living facilities such as all seasonal roads, rural electrification and others within rural communities to ultimately improve the quality of life for those in the rural areas and help stem rural-urban migration. Ensuring that public schools in the state are equipped and staffed by teachers who are passionate and dedicated.
He said to realise the year 2025 budget objectives, the state shall adopt and improve the effectiveness of budget performance by ensuring fiscal discipline through the implementation of only programmes that were captured in the budget, among other strategies.
In his remarks, Speaker of the Assembly, Udeme Otong, assured the governor that the lawmakers would quicken the consideration process to ensure speedy passage of the 2025 budget estimate to fasten development in the state.
Otong urged all heads of Ministries, Departments, and Agencies (MDAs) in the state to cooperate with the House of Assembly during the budget defence to ensure speedy passage of the budget.
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Jubilation as Senator Manu links Gunduma to national grid, commissions, power project (Photos/Video)
…provides another transformer for Emir’s Palace and environs
Finally, after 15years of blackout, Senator Manu Haruna of Taraba Central Senatorial District has officially commissioned the Gunduma Ward Electricity Power Project.
Senator Manu during the electioneering period had promised to link Gunduma to the national grid.
It’s indeed a promise well fulfilled as his constituents Jubilate.
This marks a historic moment for the community, which has been without electricity for the past 15 years. This transformative initiative underscores Senator Manu’s commitment to addressing critical infrastructure challenges and improving the lives of his constituents.
During the commissioning ceremony, former Federal Lawmaker of Taraba Central, Senator Dahiru Bako, commended Senator Manu for his dedication and vision in delivering this essential project.
Hon. Musa Chul Member House of Assembly Gassol II,Constituency TRHA described the achievement as a monumental milestone, emphasizing its potential to significantly enhance economic activities and improve the standard of living for the residents of Gunduma Ward.
The Gunduma Ward Electricity Power Project represents a significant step towards infrastructural development in Taraba Central and reflects Senator Manu’s proactive approach to governance and service delivery.
Manu also presented a new Transformer with specifications of 300KVA Valtage CL: 35KV and standard TS:EN60076-1 to the His Royal Highness Alhaji Justice Sani Sulaiman Duna the Emir of Mutum-Biyu for the Mutum-Biyu Environs.
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Allegations by Niger Republic attempt to incite northerners against Tinubu – Presidency
The Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, says claims by the military leader of Niger Republic, Abdourahamane Tchiani that Nigeria is colluding with France to destabilise his county are despicable propaganda.
He declared that the claims were aimed at inciting Northern Nigeria against President Bola Tinubu.
Bwala said the military leader deliberately chose a local language in the North.
The media recalls that Abdourahamane Tchiani, military leader of Niger Republic, made the claims in an interview on Wednesday.
Tchiani, who spoke in Hausa, alleged that France is negotiating with terrorists in Nigeria to destabilise his country.
According to him, France made a substantial payment to President Bola Tinubu to establish a military base in Nigeria.
The Minister of Information and National Orientation, Mohammed Idris, shortly afterwards, dismissed the allegations and described them as baseless.
Reacting to the allegations in a video posted on his X page on Friday, Bwala said the claims are baseless propaganda, designed to create chaos and incite bad blood in northern Nigeria against Tinubu.
“Yesterday I came across a video, a despicable propaganda piece by the military head of state of the Niger Republic against the president of the Federal Republic of Nigeria, and this is what you often see with military interregnum,” he said.
“The honeymoon is over; he has not been able to address economic situations in his country; everything is turning against him, and in the desperate gasp for breath, he decided to resort to cheap false lies and propaganda against Nigeria.
“The choice of words used by the military leader is quite insultive for what his intentions are; probably in cohoot with politicians in Nigerians; you never know.
“But the whole idea is to create chaos and bad blood in Northern Nigeria against the President,” he added.
Bwala explained Nigeria’s longstanding leadership role in West Africa and its commitment to fostering bilateral relations with neighbouring countries.
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Police deny investigating VeryDarkMan’s missing N180m NGO funds
The Federal Capital Territory (FCT) police command has said it is not investigating the claim by online personality, Vincent Martins Otse aka VeryDarkMan’s that N180 million meant for his non-governmental organisation, NGO, has gone missing.
Vanguard reported, Friday, that VDM had alleged that over N180 million was stolen from his NGO’s account after it was hacked.
In October, Otse launched the Martins Vincent Osei Initiative, raising over N35 million in donations within hours. Shortly after, he announced receiving a N100 million contribution from music producer Michael Collins Ajereh, popularly known as Don Jazzy.
Otse further explained that he had to shut down the NGO’s app for maintenance to prevent further breaches and promised to provide updates on the situation.
VDM has in the video claimed that he had reported the matter to the police and he was also travelling to Jos because one of the hackers had been found.
According to reports, the FCT Police Command spokesperson, Josephine Adeh, clarified that the command was not involved in the matter.
She said, “The FCT Police Command has no information regarding any missing funds involving VDM, nor is there any ongoing investigation into the matter. The individual concerned should be contacted directly for details on where the case was reported, as we have no record of such a case with our command.”
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