News
Nigeria’s 2025 Budget Raised to N54.2 Trillion Due to Increased Revenues
President Bola Tinubu has announced an increase in Nigeria’s proposed 2025 annual budget, raising it from N49.7 trillion to N54.2 trillion. The adjustment was made through official letters sent to both the Senate and the House of Representatives.
During a Senate plenary session, Senator Godswill Akpabio read the letter, explaining that the increased budget was due to additional revenues generated by key government agencies.
The Federal Inland Revenue Service (FIRS) contributed an extra N1.4 trillion, while the Nigeria Customs Service brought in an additional N1.2 trillion. Furthermore, other government-owned agencies added another N1.8 trillion to the national coffers.
Senate President Godswill Akpabio, responding to the president’s request, directed the Senate Committee on Appropriations to expedite the budget review process.
He assured that the consideration and passage of the budget would be completed before the month ends, ensuring timely action on this crucial fiscal matter.
It has been reported that Bola Ahmed Tinubu was absent at the commissioning of the Opebi-Mende Link Bridge, which took place on April 8, 2026.
However, Senate President Godswill Akpabio represented the President and carried out the ceremony.
As he commissioned the project, he stated “On behalf of President Bola Ahmed Tinubu, I commission these projects.”
Residents of Lagos should prepare for traffic disruptions as several roads will be closed due to the visit of Bola Ahmed Tinubu, who is set to commission infrastructural projects.
The commissioning will take place on April 8 and 9, 2026.
Affected areas on Wednesday (April 8):
Opebi, Allen Avenue, Ikeja, Ojota, and Victoria Island.
Affected areas on Thursday (April 9):
Lekki-Epe Expressway, Ikoyi, Victoria Island, and Ajegunle.
Motorists are advised to plan alternative routes and expect heavy traffic during these periods.
President Donald Trump makes headline as he threatens Iran on social media.
The president shared “Open the F***ing Strait, you crazy bastards, or you’ll be living in Hell — JUST WATCH!”
It can be noted that he even did a countdown on Saturday “48 hours before all Hell will rain down on them,” he warned Saturday. “Time is running out.”
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