Connect with us

NEWS

Senate Corrects Errors In 2025 Budget, Adjusts Key Allocations

Published

on

In a move to correct discrepancies in the 2025 Appropriations Bill, the Senate has revised several budgetary allocations after errors were discovered during the final cleaning and realignment process by the Joint Committee on Appropriations.

The adjustments, which primarily affected recurrent expenditure, pensions, and capital projects, were necessary to ensure fiscal accuracy. Key revisions include:

Ministry of Defence: Reduced from ₦2.51 trillion to ₦2.49 trillion

Ministry of Police Affairs: Adjusted from ₦1.225 trillion to ₦1.224 trillion

Total Pensions, Gratuity, and Retirement Benefits: Increased from ₦950 billion to ₦1.44 trillion

Military Pensions and Gratuities: Revised from ₦252.6 billion to ₦383.9 billion

National Pension Commission (PENCOM): Increased from ₦529.4 billion to ₦804.7 billion

Similarly, the Senate made reductions in capital allocations for several key ministries:

Presidency: Cut from ₦144.4 billion to ₦142.7 billion

Federal Ministry of Agriculture and Food Security: Reduced from ₦1.95 trillion to ₦1.83 trillion

Federal Ministry of Works: Adjusted from ₦2.04 trillion to ₦2 trillion

Federal Ministry of Education: Decreased from ₦953.9 billion to ₦944.6 billion

READ MORE: BREAKING: Reps Approves N54.99trn 2025 Budget

Despite these changes, the overall budget size remains ₦54.99 trillion, with allocations for Statutory Transfers (₦3.64 trillion) and Debt Service (₦14.31 trillion) left unchanged.

However, Recurrent (Non-Debt) Expenditure has increased to ₦13.58 trillion, while Capital Expenditure has been adjusted downward to ₦23.43 trillion.

Citing Orders 1(B) and 52(6) of the Senate Standing Orders (2023, as amended), the Senate resolved to rescind its earlier decision on the affected line items and the bill’s long title.

The corrected bill has now been recommitted to the Committee of Supply for reconsideration and final passage.

Lawmakers say the corrections are necessary to ensure the budget is implemented with greater accuracy and fiscal responsibility.

9 Comments
0 0 votes
Article Rating
Subscribe
Notify of
9 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Max Janke
1 year ago

Hmm is anyone else encountering problems with the pictures on this blog loading? I’m trying to figure out if its a problem on my end or if it’s the blog. Any feedback would be greatly appreciated.

Watch MLB Online
1 year ago

fascinate este conteúdo. Gostei bastante. Aproveitem e vejam este site. informações, novidades e muito mais. Não deixem de acessar para aprender mais. Obrigado a todos e até mais. 🙂

Alan Piceno
1 year ago

The very crux of your writing whilst sounding reasonable initially, did not really work properly with me after some time. Somewhere throughout the paragraphs you were able to make me a believer unfortunately just for a while. I still have a problem with your jumps in logic and one would do nicely to help fill in those gaps. In the event you can accomplish that, I will undoubtedly be amazed.

poker idn
1 year ago

Im not certain where you’re getting your information, but great topic. I must spend a while learning more or understanding more. Thank you for great info I used to be in search of this info for my mission.

honey trick for memory loss

I’d constantly want to be update on new posts on this website , saved to fav! .

Gelatin Trick Recipe
10 months ago

I have recently started a web site, the info you provide on this site has helped me greatly. Thank you for all of your time & work.

White-hat hackers
10 months ago

I’ve read a few excellent stuff here. Certainly price bookmarking for revisiting. I surprise how so much attempt you put to create this sort of magnificent informative website.

fdertolmrtokev
9 months ago

I?¦ve been exploring for a little for any high quality articles or blog posts on this kind of space . Exploring in Yahoo I finally stumbled upon this site. Studying this information So i am glad to convey that I have a very excellent uncanny feeling I found out just what I needed. I such a lot surely will make sure to don?¦t put out of your mind this website and provides it a look on a continuing basis.

zaborna torilon
8 months ago

Hi just wanted to give you a brief heads up and let you know a few of the images aren’t loading properly. I’m not sure why but I think its a linking issue. I’ve tried it in two different internet browsers and both show the same outcome.

NEWS

Showunmi Urges South-East to Judge Tinubu by Projects, Not Propaganda

Published

on

Otunba Segun Showunmi, a member of the Tinubu/Shettima Presidential Campaign Council (PCC) for 2027, has urged the South-East to assess President Bola Tinubu’s administration based on verifiable projects and measurable results rather than political propaganda.

Showunmi made the call in a statement posted on X on Saturday, urging Nigerians to evaluate the government’s performance based on infrastructure delivery, funds committed to projects and their impact on communities.

He said federal infrastructure initiatives targeting the South-East under Tinubu’s administration deserved serious scrutiny and factual assessment, adding that unfulfilled promises should continue to be pursued until the expected results were delivered.

SEE ALSO: 2027 Election: ‘Look Beyond the Noise’ – Showunmi Urges Nigerians to Give Tinubu More Time

“Our message is clear: We will not trade facts for propaganda, nor accountability for political loyalty!” he said.

The political figure challenged critics of the administration to provide evidence to support their claims, while urging those defending the government to present the projects and demonstrate their impact.

He also called on government officials to publish relevant figures, disclose project timelines and provide measurable results, insisting that no public official should be exempt from scrutiny.

According to Showunmi, the South-East deserves infrastructure that supports economic growth, including roads that connect markets, investments that create jobs and policies that expand economic opportunities.

He maintained that political representation must translate into tangible benefits for citizens, stressing that public office should deliver value to the people.

As part of his call to action, Showunmi urged Nigerians to scrutinise government records, challenge misinformation with evidence and demand the completion of outstanding projects.

He further called for public commitments to be matched by measurable delivery, arguing that leadership should be assessed by facts and results rather than political rhetoric.

Ending his statement with the slogan, “Asiwaju is a goal,” Showunmi called for accountability and greater inclusion of the South-East in Nigeria’s development.

Showunmi is associated with The Alternative and is a member of the Tinubu/Shettima Presidential Campaign Council for the 2027 elections.

 

Continue Reading

NEWS

Lagos: LASTMA Announces Traffic Restrictions Along Route to Toll Gate

Published

on

The Lagos State Traffic Management Authority (LASTMA) on Saturday announced a temporary road closure near Apostolic Church, inward Toll Gate, to allow engineers to install a beam on a height-restriction structure.

The agency said the installation was aimed at preventing high-rise trailers from accessing the newly constructed pedestrian bridge.

ALSO READ: LASTMA Alerts Motorists to Traffic Delays on Ogunnusi Road

“Currently, one lane has been occupied to facilitate the ongoing construction work, while the remaining two lanes are available to motorists,” LASTMA stated.

The agency advised road users to approach the affected corridor with caution and follow the directions of its personnel deployed to the area.

“Road users are advised to approach the affected corridor with caution and follow the directions of our personnel who are on ground to ensure the smooth flow of vehicular movement,” the statement added.

LASTMA also urged motorists to remain patient while the installation work continued.

“Motorists are encouraged to exercise patience while the installation work is in progress,” the agency stated.

Continue Reading

NEWS

‘Oseni Rufai Helped Me, Not NiDCOM’ — Ekene Chukwuma on Return to Nigeria

Published

on

Nigerian national Ekene Chukwuma has said he returned to Nigeria with assistance linked to Oseni Rufai rather than the Nigerians in Diaspora Commission (NiDCOM), while renewing allegations against the commission’s chairperson, Abike Dabiri-Erewa, over his travel documents.

Chukwuma made the remarks in an interview in which he explained how he returned to Nigeria after spending months at a deportation camp in India.

RELATED NEWS: Rufai Oseni Row: NiDCOM Breaks Silence on Nigerians Detained in India, Addresses Ekene’s Case

“My name is Kenneth Chukwu, from Enugu State,” he said, introducing himself before explaining how he returned to the country.

“I came back here with the assist of Osini Roufai, a good friend of him,” he said.

Chukwuma denied that NiDCOM facilitated his return, alleging that the commission had published false information about his case.

“NiDCOM made a lots of false, uh, news acquisition against me, which is still in Abike Dabiri handle in Twitter,” he said.

He also accused Dabiri-Erewa of sharing his expired international passport and a travel certificate he claimed was issued six months after he entered the detention camp.

“He also, she also posted my international passport that expired. He also, she also posted my TC that issued after 6 months,” he said.

His comments renew questions surrounding the handling of his case and the circumstances under which he obtained the documents needed to return to Nigeria.

Chukwuma’s detention in India previously sparked a public disagreement between ARISE News presenter Oseni Rufai and Dabiri-Erewa over NiDCOM’s response to reports of his situation.

Oseni raised concerns about Chukwuma’s detention and the commission’s handling of the case, while Dabiri-Erewa defended NiDCOM’s position and explained the process for submitting information to the commission.

NiDCOM subsequently issued its account of Chukwuma’s detention, stating that he had been arrested in India over a visa overstay and addressing the circumstances surrounding his travel documents.

The differing accounts prompted public debate about the commission’s response to Nigerians facing immigration difficulties abroad.

 

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

9
0
Would love your thoughts, please comment.x
()
x