Connect with us

News

Tinubu to Present N47.9 Trillion 2025 Budget to National Assembly on December 17

Published

on

Photo source: Google

President Bola Tinubu is set to present the proposed 2025 budget to the National Assembly on Tuesday, December 17, 2024.

This announcement came from Senate President Godswill Akpabio during a recent plenary session, where he informed lawmakers that the president had officially communicated his intention to appear before a joint session for the budget presentation.

Akpabio emphasized the significance of the upcoming presentation, marking a key moment in shaping Nigeria’s fiscal direction for the year ahead.

He stated, The president has expressed his readiness to present the 2025 budget before the National Assembly on December 17.

The proposed budget for 2025 stands at a staggering N47.9 trillion.

Advertisement

This figure was earlier disclosed by the Minister of Budget and Economic Planning, Atiku Bagudu.

Bagudu, who has been instrumental in driving economic reforms and policies under President Tinubu’s administration, noted that the budget reflects strategic investments aimed at economic growth, infrastructure development, and social welfare.

The presentation of the budget to a joint session of the National Assembly is a critical annual tradition, providing lawmakers with insight into the government’s priorities for the coming year.

It also allows for detailed scrutiny and discussions that shape national spending and development goals.


 

Advertisement

News

FG Extends NYSC Orientation Camp From 3 to 6 Weeks

Published

on


The Federal Government has announced an extension of the NYSC programme. It can be noted that the NYSC camp orientation is usually for three weeks before the youths go out to gain experience, employment, and serve the country for one year.

However, the FG announced that the passing-out parade from camp will be cancelled, and corps members will now spend six weeks in camp instead of three weeks.

“The first two weeks speak to laying a foundation on civic responsibility. The next two weeks will look at career mapping, basic accounting literacy skills, business planning and access to finance. The final two weeks, we intend to have focused corps-stream-specific training aligned with the corps member’s designated stream based on his choice, academic background and skills profile.”


Continue Reading

News

Is Lagos Sinking? Residents Raise Concerns as Flooding Worsens

Published

on


With the rainy season in Nigeria, many are wondering if the increase in flooding has now become the new normal. Lots of videos, clips, and complaints have literally flooded online, showing how badly roads, homes, and other places have been affected.

We were used to hearing about the rise of water on the Island since it is literally surrounded by water, but now floods are being spotted on the Mainland as well.

We may not know exactly why this is happening, but one thing is certain—we urgently need a lasting solution.


Continue Reading

News

Federal Government Clarifies Position on Proposed Tax Recommendations

Published

on


The federal government reacted to claims stating that the new tax rules will be imposed on telecommunications and petroleum products for Nigerians.

The FG released a statement to explain the process and stated that there is no intention to place taxes on telecom and petroleum products and services.

“Those recommendations do not amount to government policy and are not binding on Nigeria. Decisions on tax matters are taken through established constitutional and legislative processes and are guided by national priorities and prevailing economic realities.”


Continue Reading

Trending