NEWS
Obi Challenges Senate Over Alleged N3trn Budget Padding
In a bold stance, Mr. Peter Obi, the Labour Party’s flagbearer for the 2023 presidential election, has urged the Senate to confront head-on the swirling controversy surrounding alleged N3 trillion padding of the 2024 budget.
Taking to his verified X handle on Wednesday, Obi underscored the pressing need for transparency, insisting that Nigerians deserve unvarnished truths amidst conflicting narratives between the Senate and the executive arm.
He further raised eyebrows over fresh accusations concerning the allocation of constituency funds, underscoring the imperative for full accountability.
He said “The fuss over the alleged N3 trillion padded into the 2024 budget raised by a senator still rages as the Senate reaction of suspending the whistle-blower has not addressed vital issues emanating from the allegation.
“The senator is insisting on his allegation and the executive agreed that there was only N1.2 trillion padded not N3 trillion as alleged by the Senate.
“Fresh allegations have also cropped up over indiscriminate and unbalanced allocation of constituency projects by the Senate leadership.
“A civic group, Budgit, through their official, has also added their voice to agree with thes. They alleged that there was no detailed project allocations for about N3.7 trillion in the 2024 Appropriation Act.
“As the Senate suspension of the senator involved has not addressed the issue, they still owe the Nigerian public a clear clarification over the various claims and counterclaims, including that of the executive arm, to be able to know exactly what is happening, and also disclose to the public, the amounts allocated for constituency projects for appropriate monitoring of implementation by the public.
“I had particularly elucidated in my earlier comment on what we can use the N3 trillion to achieve, by showing that it is more than the national budget of the two most critical components of the human development index, health and education, combined.
“Now that the executive arm has accepted that the padded amount is only N1.2 trillion, it is still a very significant amount, when you consider that it is almost 5 times the N251.47 billion proposed for Universal Basic Education, which is the foundation of education, in the Country.
“Today in Nigeria, the greatest challenge to human resource development is education, which has been identified as most critical at the basic level.
“Nigeria has about 20 million out-of-school children today because of the poor investment in education. These are resources that would have been utilised to ensure that our children are taken off the streets and returned to schools…
“We must, as a matter of urgency, put a stop to all the wastage of our scarce resources, amid the excruciating hardship in the country.”
He added “Let every penny of our public fund be used for public good. That is the only way to achieve the New Nigeria we are working towards.”
NEWS
Katsina Students Get ₦689.79m Bursary as Gov Radda Doubles Allowances
Katsina State Governor, Dikko Umaru Radda, has flagged off the disbursement of ₦689.79 million in bursary payments to 19,318 continuing students across 97 institutions for the 2025/2026 academic session.
The disbursement follows a 100 per cent increase in academic bursary rates, marking the first adjustment since 2007.
The latest payment forms part of the state government’s broader investment in education and student welfare, with cumulative bursary disbursements and related student awards under the administration reaching ₦3.29 billion.
SEE ALSO: Dikko Radda Of APC Wins Katsina Governorship Election
More than 174,000 beneficiary payments have been recorded across successive payment cycles.
Increased Allowances for Veterinary and Law Students
Under the revised scholarship support framework, allowances for Veterinary Medicine students have increased by 150 per cent for students in the 300 and 400 levels and by 200 per cent for those in the 500 and 600 levels.
Support for Nigerian Law School students and academic excellence awards has also continued.
The state government has also approved a scholarship programme for 1,700 students, with 50 beneficiaries drawn from each of the state’s 34 local government areas.
The programme is designed to support tuition fees, registration and other educational expenses.
₦6bn Scholarship Trust Fund
The government has made provision for ₦6 billion in seed funding for a scholarship trust fund intended to strengthen educational financing.
The fund is expected to support specialised scholarship opportunities in fields including engineering, medicine, Artificial Intelligence and mechatronics.
The state’s foreign scholarship initiatives have also supported 118 students studying Medicine, Artificial Intelligence and Bioengineering in Egypt, Ethiopia and China, with approved educational and living expenses covered by the government.
More Scholarship Opportunities
Other educational support initiatives include 34 maritime scholarship beneficiaries and seven students receiving 50 per cent financial support at the Nigerian College of Aviation Technology, Zaria.
The state has also nominated 34 candidates for MBBS studies in Russia, identified 70 prospective master’s degree candidates and selected 10 candidates for Qur’anic Sciences scholarships in Ghana.
These initiatives form part of the state’s broader efforts to expand access to education across different fields and levels of study.
Scholarship Board Strengthens Accountability
The Katsina State Scholarship Board has also strengthened its application, verification and payment systems.
As part of its accountability measures, the board interviewed more than 14,925 fresh applicants and returned approximately ₦86 million in unclaimed funds to the state government.
The state also acknowledged the contributions of the Nigerian Education Loan Fund (NELFUND), the Tertiary Education Trust Fund (TETFund) and the National Information Technology Development Agency (NITDA) in expanding access to educational financing and digital learning resources.
Radda Inaugurates Tinubu/Dikko Education Beneficiary Network
As part of the activities, Radda inaugurated the Tinubu/Dikko Education Beneficiary Network (TDEBNET), a voluntary organisation comprising parents and beneficiaries of educational programmes.
Members of the organisation expressed support for the re-election bids of Radda and President Bola Ahmed Tinubu in 2027.
International News
DOJ Confirms Federal Criminal Investigation After Agents Raid Ilhan Omar’s Home
Federal agents raided the Washington, D.C., home of Democratic Congresswoman Ilhan Omar early Monday morning as part of an ongoing federal criminal investigation, the United States Department of Justice (DOJ) has confirmed.
Homeland Security Investigations agents arrived at the Minnesota congresswoman’s residence at about 6:00 a.m. Eastern Time, according to a report by Fox News.
SEE MORE: Trump Sparks Outrage With Shock Proposal to Rename New Mexico
The report said both the Department of Homeland Security (DHS) and the DOJ are involved in the investigation.
A DOJ spokesperson confirmed the operation, stating: “Today in the Washington, D.C. area, Homeland Security Investigations executed a judicially authorized search warrant secured by the Department of Justice.”
The spokesperson added: “This enforcement action is part of an ongoing federal criminal investigation.”
Details later……….
NEWS
‘140 Million Nigerians Are Poor Despite Tinubu’s Economic Reforms’ – Peter Obi
Former Labour Party presidential candidate Peter Obi has criticised President Bola Tinubu’s economic reforms, arguing that improvements in economic growth and government revenue have not translated into better living conditions for Nigerians.
Obi made the remarks in a statement posted on his X account on Monday, October 12, while reacting to the World Bank’s latest report on Nigeria’s economic performance and government spending priorities.
He argued that improvements in some macroeconomic indicators should not be interpreted as evidence that the standard of living of Nigerians is improving.
According to him, the real measures of economic development are poverty reduction, job creation and efforts to address inequality.
“Nigerians and even the World Bank know that the criteria for economic development is whether poverty is declining, whether jobs are created for our youths, and whether we are reducing acute inequality,” Obi stated.
He maintained that economic stability under the Tinubu administration had not resulted in higher living standards, improved employment opportunities or reduced poverty and inequality across the country.
Obi argued that an economy cannot be considered stable merely because government revenue increases, foreign reserves strengthen or gross domestic product grows.
“Stability exists when citizens can afford food, obtain healthcare, provide education for their children, and live with dignity,” he said.
The former Anambra State governor questioned the benefits of increased government revenue to Nigerians struggling to meet their basic needs.
“What comfort does higher revenue offer a mother who cannot provide her children with a nutritious meal? What does higher government revenue mean to a family forced to choose between purchasing food and paying for medicine?” he asked.
He also questioned the impact of the administration’s economic reforms on ordinary Nigerians, arguing that citizens continued to bear the costs and hardship associated with government policies.
Obi further cited a recent United Nations Development Programme report, which he said listed Nigeria among countries where gains made in reducing poverty had been reversed.
He also claimed that about 140 million Nigerians were classified as multidimensionally poor.
The former presidential candidate accused the Tinubu administration of presenting incomplete economic statistics to project progress without adequately addressing the welfare of citizens.
“President Bola Tinubu and his incompetent team must recognize that intentionally presenting and projecting incomplete economic statistics cannot replace the critical measure of how reform impacts on the welfare of the people,” he said.
Obi added that Nigerians should not be expected to celebrate economic statistics while struggling to survive the effects of government policies.
“A government cannot expect citizens to applaud statistics while they struggle to survive the effects of its policies,” he stated.






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