The committee thereafter said it is satisfied with the Nigeria Army’s 2024 budget implementation The House of Representatives committee on army has expressed satisfaction with the level of implementation of the 2024 budget. Chairman of the committee, Rep. Aminu Balele (APC Katsina), made this known on Monday while addressing journalists after a closed-door session with the officers of the Nigerian Army to review their 2025 budget proposal. Rep. Balele emphasised the need to enhance the...
The board remitted N4 billion to the Consolidated Revenue Fund in 2024 whereas it received N6 billion from the Federal Government. Lawmakers have raised concerns over the financial operations of the Joint Admissions and Matriculation Board (JAMB), questioning its fiscal prudence and the logic of government funding for a revenue-generating agency. These concerns were raised on Monday during an interactive session of the joint committee of the Senate and House of Representatives chaired by Sen....
The minister of interior, Comptroller General of Customs, and the Controller of Immigration have been issued a warning to appear The House of Representatives committee on customs and excise has called on President Bola Tinubu to dismiss heads of Ministries, Departments, and Agencies (MDAs) who fail to honor invitations from the legislature. The call was made during an investigative hearing held at the national assembly complex in Abuja on Monday, where several key stakeholders were...
While efforts are underway to stabilise the grid, Adelabu admitted that the collapse can only be managed until necessary funds are provided. Minister of power, Bayo Adelabu has painted a mixed picture of progress and persistent challenges in Nigeria’s power sector detailing the complexities surrounding the national grid collapses experienced in 2024, funding shortfalls, and the pressing need for investment to achieve sustainable energy security. Adelabu said these when he appeared before the senate committee...
INEC has proposed more than three times its budgetary allocations in 2025 budget, and says elections in Nigeria have become a huge burden The Independent National Electoral Commission (INEC) has rejected the N40 billion allocated to it in the 2025 budget proposal, instead proposing N126 billion to adequately fund its activities. This development emerged during a budget defense session with the national assembly’s joint committee on INEC and electoral matters. The INEC chairman, Professor Mahmood...
The national assembly has criticised Nigeria’s border closure policy, citing its ineffectiveness in curbing smuggling and insecurity, and urged the ministry of industry, trade, and investment to liaise with the presidency for a practical solution. The National Assembly, through its joint committee on Industry, Trade, and Investment, has criticised Nigeria’s border closure policy, describing it as ineffective in addressing cross-border banditry and smuggling, particularly in states bordering Niger and Chad. This criticism came to the...
Senators pressed the finance minister on the status of the 2024 budget implementation, particularly the allocation for capital expenditures. The senate has called on ministers and heads of Ministries, Departments, and Agencies (MDAs) to provide detailed explanations regarding various government policies under their supervision. The call came during separate budget defense sessions organised by senate committees on Thursday. Among those questioned were Wale Edun, minister of finance and coordinating minister for the economy, and Sen....
Edun confirmed that there are pending warrants awaiting payment for capital projects, but funding remains a key challenge. The National Assembly has raised serious concerns about the significant imbalance between recurrent and capital expenditures and the low level of fund releases for capital projects for Ministries, Departments and Agencies (MDAs) in the 2024 national budget, with both chambers urging for more focus on capital projects that directly benefit the Nigerian populace. This was disclosed Wednesday...
Lawmakers expressed mixed reactions to President Tinubu’s presentation of the 2025 budget estimates to a joint session of the national assembly on December 18th, 2024. National Assembly members expressed varying opinions following President Bola Ahmed Tinubu’s presentation of the 2025 budget estimates, pegged at ₦49.8 trillion. The budget presentation, a significant moment in the legislative calendar, was met with cheers and chants for the president, especially by members of his party. Highlights of the budget...
The House has announced it will begin the 2025 budget defence by engaging with Ministries, Departments and Agencies (MDAs) of the federal government. The House of Representatives will commence the 2025 budget defense session with Ministries, Departments, and Agencies (MDAs) today. Following President Tinubu’s presentation of the N49.74 trillion 2025 budget to the National Assembly on December 18th, the House passed the bill through second reading and referred it to the appropriations committee and relevant...
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