Politics
Buhari assents to N17.127Trillion budget in company of Lawan, Gbajiabiamila
President Muhammadu Buhari on Friday in Abuja signed into law the 2022 Appropriation Bill and the 2021 Finance Bill.
The President signed the documents in the Presidential Villa in the presence of Senate President Ahmed Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, and other members of the Federal Executive Council.
The President’s is in keeping with the tradition of restoring a predictable January to December fiscal year, as provided for in the Constitution of the Federal Republic of Nigeria,
Speaking at the event, the President said the 2022 Budget, just signed into law, provides for aggregate expenditures of N17.127 trillion, an increase of N735.85 billion over the initial Executive Proposal for a total expenditure of N16.391 trillion.
The President explained that N186.53 billion of the increase however came from additional critical expenditures that he had authorized the Minister of Finance, Budget and National Planning to forward to the National Assembly.
‘‘The Minister will provide the public with the details of the budget as passed by the National Assembly, and signed into law by me,’’ he said.
The President announced that as the 2023 Budget is going to be a transition budget, work will start in earnest to ensure early submission of the 2023-2025 Medium-Term Expenditure Framework and Fiscal Strategy Paper as well as the 2023 Appropriation Bill to the National Assembly.
He, therefore, directed Heads of Ministries, Departments and Agencies (MDAs) to cooperate with the Ministry of Finance, Budget and National Planning, more specifically with the Budget Office of the Federation, to realise this very important objective.
President Buhari also expressed strong reservations on the ‘‘worrisome changes’’ made by the National Assembly to the 2022 Executive Budget proposal.
He announced that he would revert to the National Assembly with a request for amendment as soon as the Assembly resumes to ensure that critical ongoing projects cardinal to this administration do not suffer a setback due to reduced funding.
The President recounted that during the presentation of the 2022 Appropriation Bill, he had stated that the fiscal year 2022 would be very crucial in his administration’s efforts to complete and put to use critical agenda projects, as well as improve the general living conditions of our people.
‘‘It is in this regard that I must express my reservations about many of the changes that the National Assembly has made to the 2022 Executive Budget proposal.
‘‘Some of the worrisome changes are as follows:
‘‘Increase in projected FGN Independent Revenue by N400 billion, the justification for which is yet to be provided to the Executive;
‘‘Reduction in the provision for Sinking Fund to Retire Maturing Bonds by N22 billion without any explanation;
‘‘Reduction of the provisions for the Non-Regular Allowances of the Nigerian Police Force and the Nigerian Navy by N15 billion and N5 billion respectively.
‘‘This is particularly worrisome because personnel cost provisions are based on agencies’ nominal roll and approved salaries/allowances;
‘‘Furthermore, an increase of N21.72 billion in the Overhead budgets of some MDAs, while the sum of N1.96 billion was cut from the provision for some MDAs without apparent justification;
‘‘Increase in the provision for Capital spending (excluding Capital share in Statutory Transfer) by a net amount of N575.63 billion, from N4.89 trillion to N5.47 trillion.’’
President Buhari also expressed concern in the reductions in provisions for some critical projects, including N12.6 billion in the Ministry of Transport’s budget for the ongoing Rail Modernisation projects; N25.8 billion from Power Sector Reform Programme under the Ministry of Finance, Budget and National Planning; N14.5 billion from several projects of the Ministry of Agriculture, and introducing over 1,500 new projects into the budgets of this Ministry and its agencies.
Further, the President also expressed his reservations on the following:
‘‘Inclusion of new provisions totaling N36.59 billion for National Assembly’s projects in the Service Wide Vote which negates the principles of separation of Powers and financial autonomy of the Legislative arm of government.
‘‘The changes to the original Executive proposal are in the form of new insertions, outright removals, reductions and/or increases in the amounts allocated to projects.
‘‘Provisions made for as many as 10,733 projects were reduced while 6,576 new projects were introduced into the budget by the National Assembly.
‘‘Reduction in the provisions for many strategic capital projects to introduce ‘Empowerment’ projects.
‘‘The cuts in the provisions for several of these projects by the National Assembly may render the projects unimplementable or set back their completion, especially some of this Administration’s strategic capital projects.
‘‘Most of the projects inserted relate to matters that are basically the responsibilities of State and Local Governments, and do not appear to have been properly conceptualised, designed and costed.
‘‘Many more projects have been added to the budgets of some MDAs with no consideration for the institutional capacity to execute the additional projects and/or for the incremental recurrent expenditure that may be required.’’
President Buhari declared that it was surprising that despite the National Assembly increasing projected revenue by N609.27 billion, the additional Executive request of N186.53 billion for critical expenditure items could not be accommodated without increasing the deficit, while the sum of N550.59 billion from the projected incremental revenues was allocated at the discretion of National Assembly.
‘‘I signed the 2022 Appropriation Bill into law to enable its implementation to commence on 1st January 2022.
‘‘However, I will revert to the National Assembly with a request for amendment and/or virement as soon as the Assembly resumes to ensure that critical ongoing projects that are cardinal to this administration, and those nearing completion, do not suffer a setback due to reduced funding.’’
On COVID-19 and budget implementation, the President said despite the lingering adverse effects of the pandemic, he was happy with the success recorded in the implementation of the 2021 Budget.
‘‘The sum of N3.94 trillion that was provided for the implementation of capital projects by MDAs during the fiscal year has been released fully.
‘‘To enable MDAs to complete the implementation of their 2021 capital projects and optimise the impact of the capital budget on the economy, they have been allowed to continue to expend the funds released for their 2021 capital budgets till 31st March, 2022,’’ he said.
The President commended the understanding and speedy action of the National Assembly on this matter.
‘‘As the 2022 Budget will be the last full year budget to be implemented by our Administration, its effective implementation is very critical for delivering our legacy projects, promoting social inclusion and strengthening the resilience of the economy.
‘‘The Ministry of Finance, Budget and National Planning will implement all measures required to ensure timely and targeted release of capital votes.
‘‘All MDAs are to effect early commencement of project implementation, while ensuring productive use of funds provided for achievement of the objectives set for their sectors.
‘‘Considering the incidence of new COVID-19 variants globally, we will ensure timely implementation of measures provided for in the 2022 Budget to contain the spread of the virus and protect our people.
‘‘We continue to count on the collaboration of the State governments in our effort to protect the lives and livelihood of our people.’’
To achieve the laudable objectives of the 2022 Budget, President Buhari pledged that the Federal Government would further intensify revenue mobilis
Politics
Mourinho Returns as Pérez Secures Landslide Victory in Real Madrid Election
Real Madrid president Real Madrid has confirmed the return of José Mourinho after incumbent president Florentino Pérez secured a landslide victory in the club’s presidential election, extending his rule until 2030.
Pérez won re-election with a commanding 65% of the vote, defeating challenger Enrique Riquelme, who secured 35%, according to the club’s Electoral Board.
The result reinforces Pérez’s long-standing leadership, which has now spanned more than two decades across two separate terms.
SEE ALSO: Bruno Lage Sacked As Benfica Move To Secure Mourinho
Speaking after his victory, Pérez described the outcome as a strong endorsement of his vision for the club’s future, insisting that Real Madrid will continue to thrive both on and off the pitch.
The president also used the moment to confirm a major sporting development—the return of José Mourinho, a move that immediately sparked excitement among supporters.
Mourinho, who previously enjoyed a successful spell at the club, is widely regarded as one of the most influential managers in modern football.
Pérez said the club remains committed to competing at the highest level in Europe, with ambitions of securing a record-extending 16th UEFA Champions League title while continuing the redevelopment of the Santiago Bernabéu Stadium.
He also reaffirmed his stance on the club’s ownership model, stressing that Real Madrid will remain a member-owned institution despite growing global trends toward private ownership in football.
The announcement has been widely interpreted as the beginning of a new competitive era for the Spanish giants, with expectations rising among fans following both the election result and Mourinho’s return.
Pérez ended his address with a call for unity among supporters, including those who did not vote for him, promising to continue addressing concerns while focusing on sporting success.
Politics
2027: Oborevwori, Omo-Agege Trade Fresh Blows Over Tinubu, Obi Endorsements
The political rivalry between Governor Sheriff Oborevwori and former Deputy Senate President, Senator Ovie Omo-Agege, has escalated once again as both men exchanged heated words ahead of the 2027 general elections.
The confrontation follows renewed political realignments in Delta State, including Governor Oborevwori’s defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC), a party he previously defeated in the 2023 governorship election.
SEE ALSO: 2027: Tinubu Will Defeat Atiku If Election Is Rigged — Babachir
Oborevwori has since pledged full support for President Bola Ahmed Tinubu’s re-election bid in 2027, describing the President as his “number one project” and a key political ally whose victory would benefit Delta State.
However, Omo-Agege, who recently left the APC for the Nigeria Democratic Congress (NDC), accused the governor of political fear and abandoning party structures in the state.
“He is not a threat” — Oborevwori
Responding to criticisms, Governor Oborevwori dismissed Omo-Agege’s political relevance, insisting he poses no electoral threat.
“He is not a threat because I’ve won him before,” the governor said, adding that many of the senator’s supporters had already left him before his exit from the APC.
Oborevwori also accused Omo-Agege of political betrayal, claiming he had previously turned against key figures who supported his rise.
“He betrayed James Ibori, he betrayed Great Ogboru, he betrayed O’tega Emerhor. So if he says he wants to betray me, he’s not a threat,” he stated.
“He panicked and ran into APC” — Omo-Agege
Omo-Agege fired back, alleging that the governor defected to the APC out of fear of losing political ground.
“The governor panicked, chickened out, and ran into the APC,” he said.
He insisted that his performance in the 2023 elections proved his continued strength in Delta politics, particularly in Delta Central.
“If Sheriff believed I was not a threat, why didn’t he stay back in the PDP and take me on in 2027?” he asked.
Governance and ₦3.15 trillion controversy
Both politicians also clashed over governance performance and state finances.
Oborevwori defended his administration, saying infrastructure development had improved across all local government areas, with contractors being paid promptly.
“First time in history, no contractor is being owed,” he said, citing ongoing projects such as Effurun Roundabout, DSC Roundabout, and PTI Junction.
Omo-Agege, however, described the administration as underperforming despite receiving over ₦3.15 trillion in three years.
He alleged that about ₦750 billion remained idle in the Central Bank of Nigeria while critical sectors such as healthcare, education, and infrastructure suffer neglect.
Tinubu vs Obi political divide deepens
The rivalry has also taken a national dimension, with both politicians backing different presidential candidates for 2027.
Oborevwori declared support for President Tinubu, calling him Delta’s “in-law” and urging residents to back his re-election.
“Tinubu is my number one project,” he said.
Omo-Agege, on the other hand, declared his support for former presidential candidate Peter Obi, stating that he would contest under the Nigeria Democratic Congress (NDC).
“My presidential candidate in 2027 is Peter Obi,” he said.
Political tensions rise ahead of 2027
Observers say the renewed exchange signals an early start to a high-stakes political battle in Delta State, with shifting alliances and competing loyalties likely to shape the 2027 elections.
With both camps firmly entrenched in opposing political directions, Delta State is expected to remain a major flashpoint in Nigeria’s unfolding political landscape.
Politics
2027: Tinubu Will Defeat Atiku If Election Is Rigged — Babachir
Former Secretary to the Government of the Federation (SGF), Babachir Lawal, has claimed that President Bola Ahmed Tinubu would emerge victorious against former Vice President Atiku Abubakar if the 2027 presidential election is determined by electoral manipulation.
Lawal made the statement during an appearance on Channels Television’s Politics Today on Monday, where he weighed in on the growing political permutations ahead of the next general election.
According to him, no politician in Nigeria currently possesses the capacity to outmaneuver Tinubu if election rigging becomes the deciding factor in the race for Aso Rock.
ALSO READ: VDM in Trouble as Presidency Seeks Legal Action Over Alleged Fake Tinubu Audio
“If the parameter for winning elections in Nigeria is rigging, nobody can face Bola Tinubu in this country. If Atiku’s strength is in manipulating results, I wish him luck; he will meet the master rigger in front,” Lawal said.
The former SGF further argued that President Tinubu would record a landslide victory if the election outcome were determined by such means, describing the president as a formidable political strategist.
Lawal also took a swipe at Atiku Abubakar, distancing himself from the former vice president’s political ambition and insisting that he would not support his bid for the presidency.
He stated that after studying Atiku’s political history and leadership record, he believes an Atiku administration would perform worse than the current government led by Tinubu.
“I have studied his antecedents and realised that his presidency will be worse than Bola Tinubu’s,” he said.
The former SGF also criticised Atiku for what he described as insufficient engagement with Nigeria’s worsening security situation, including recurring cases of kidnapping and violent attacks in different parts of the country.
Despite his criticism of both Tinubu and Atiku, Lawal maintained that he is yet to endorse any presidential aspirant ahead of the 2027 election.
“I am supporting nobody. I don’t want to be part of anything for now,” he stated.
His comments come shortly after his resignation from the African Democratic Congress (ADC), where he accused the party of manipulating its recent presidential primary in favour of Atiku.
Lawal alleged that results from the exercise were altered to produce a predetermined outcome, claiming that candidates who won in some areas were replaced by individuals loyal to the former vice president.
He said the alleged irregularities influenced his decision to leave the party, which he described as a “rigging machine” ahead of the 2027 elections.
However, the ADC leadership has denied the allegations, insisting that the primary election was conducted transparently and reflected the wishes of party members.






