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.
News
Isaac Fayose Criticizes Government Over Taxation and Insecurity
Nigerian businessman Isaac Fayose has spoken about what he considers one of the country’s biggest problems, stating that many Nigerians are worried about government taxation, insecurity, and the increasing rate of kidnappings for ransom.
He lamented the situation and criticized the government, arguing that these issues have become deeply rooted and that there appears to be no lasting solution in sight.
According to him “In Nigeria we have two governments. One is collecting tax, the other one is collecting ransom. Both of them have one thing in common which is to make life difficult for their people.
The one that is collecting tax without doing anything will come and share you rice and semolina. The one that is collecting ransom is doing giveaway on social media.”
News
Concern Grows Over Rising Insecurity Following Kwara Abduction Case
It was reported that bandits were seen in Kwara State and abducted six residents from Rukpete Village.
The incident was reported to have occurred on June 8 at about 11 p.m.
Sources revealed that seven people were initially taken, but an elderly man was later released, leaving six victims in captivity.
The rising cases of insecurity in the country remain quite alarming.
News
Panic as Bandit Rumours Spark School Safety Concerns in Abuja
The state of the country is affecting many people, as they believe nowhere is safe, including schools where they keep their children.
It has been reported that some parents have started withdrawing their children from schools in Abuja.
It can be noted that rumours of bandits being sighted near a school triggered panic, causing parents to hurriedly remove their children for safety.
While the reports of bandits have not been confirmed, the school has also issued safety measures to ensure the protection of students within the premises.
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