• About
  • Contact
  • Advertise
Wednesday, April 29, 2026
No Result
View All Result
Worldstage News
  • Home
  • NIGERIA
    Nigeria: Reps dismisses Ndume’s Tax Laws falsification claims as unfounded, misleading

    Nigeria: Sen Ndume commends Tinubu for ₦68b operational support for Maiduguri Emergency Power Plant

    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos govt engages stakeholders on ‘Blue Book’ to reform land administration

    Jimoh Ibrahim: A senator torn between legislative excellence and controversial past

    Nigeria: Akpabio declares Jimoh Ibrahim’s seat vacant in Senate

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria: Security firm warns over safety ahead 2027 elections

    PTDF conducts peer review of Annual Oil and Gas Research Grant Competition

    PTDF commits to lead Africa’s shift from research to industrial impact

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Nigeria: Tinubu tasks new envoys on investment drive, reorders foreign policy priorities

    Nigeria begins indigenous production of attack drones in partnership with local tech firm

    Nigeria’s public debt stock grows by 3.9% to N159.28trn in Q4 2025

    Nigeria unveils plan to lift 50m out of poverty by 2030

    Nigeria: FG commits N48.1b through cash transfer for poverty alleviation in Kano

    Nigeria hails Saudi Arabia’s 50-Student Petroleum Scholarship

    Nigeria hails Saudi Arabia’s 50-Student Petroleum Scholarship

  • Entertainment
    CREATIVE SECTOR: Strong tech-driven growth

    CREATIVE SECTOR: Strong tech-driven growth

    Deejays disown report of Burna Boy’s music ban

    Deejays disown report of Burna Boy’s music ban

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    Spotify streams fetch Nigerian artistes N60b in 2025

    Spotify streams fetch Nigerian artistes N60b in 2025

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFVCB hails Funke Akindele on box office success of ‘Behind The Scene’

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu salutes Rema, Burna Boy, Shallipopi, others as Nigeria shines at 9th AFRIMA

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Nigeria: Lagos unveils ‘Library on the Lagoon’ to promote blue economy

    Nigeria: Lagos unveils ‘Library on the Lagoon’ to promote blue economy

    Dangote credits Ooni for successful building of his refinery

    Dangote pledged ₦550m students’ hostel for FUTO

    JAMB says no barring of undergraduates from UTME

    JAMB dismisses viral 394 UTME score as fake

    APC: Making a political capital out of  LAUTECH best graduating student

    APC: Making a political capital out of  LAUTECH best graduating student

    Nigeria boosts solar capacity by 150% to 300MW in 2 years

    Nigeria: FG inaugurates 2MW solar project at Aliko Dangote University

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: UBEC flags off 2025 School Improvement Programme

    UniAbuja Fawehinmi’s VC Appointment: Revisiting the row over PhD requirement

    UniAbuja Fawehinmi’s VC Appointment: Revisiting the row over PhD requirement

    Nigeria: FG moves to establish Armed Forces Medical College

    UBEC state leaders embrace digital education management system

    NELFUND Interview: Disburses N116b for students’ fees, upkeeps

    NIS partners NELFUND to boost sports education, workforce development

  • Health
    Russian scientists develop method to enhance effectiveness of anti-cancer medicines

    Researchers discover hidden genetic process linked to cancer growth

    Nigeria: FG inaugurates committee to end power outages in hospitals

    Nigeria targets 50% reduction in malaria burden by 2030

    Ikeja Electric commemorates World Malaria Day with community health outreach

    Ikeja Electric commemorates World Malaria Day with community health outreach

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Resident doctors suspend planned nationwide strike after FG commitments

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    No country can eliminate malaria in isolation, WAHO tells ECOWAS Assembly of Health Ministers

    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos pumps 5% of health budget into vaccines, fights zero-dose crisis

    Lagos assures of COVID-19 vigilance, strengthens infection control

    Lagos assures of COVID-19 vigilance, strengthens infection control

    Dangote credits Ooni for successful building of his refinery

    Aliko Dangote calls for urgent government and private sector action to eliminate malaria

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    World Malaria Day: WHO prequalifies new malaria treatment for babies

    • Health and Fitness
  • Media
    Chief Justice of Nigeria charges judiciary to guard credibility ahead of 2027 polls

    Chief Justice of Nigeria frowns at inaccurate, sensational reporting of court proceedings

    Tinubu, Gov Adeleke  celebrate Shola Oshunkeye, award-winning journalist and publisher at 70

    Tinubu, Gov Adeleke  celebrate Shola Oshunkeye, award-winning journalist and publisher at 70

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    SERAP urges Tinubu to withdraw NBC’s directive targeting broadcasters

    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA deploys domain extensions to bolster Nigeria’s internet security

    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA blames foreign domains for multi-billion naira capital flight

    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN Nigeria opens applications for 5th Media Innovation Programme

    MEDIA: Digital platforms reshaping consumption

    MEDIA: Digital platforms reshaping consumption

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: EFCC boss tasks media on reportage of anti-corruption fight

    • CSR
    • Jobs
    • Labour
    • Law
  • News
    Alleged $4.5b Fraud: Witness says Emefiele’s co-defendant’s statement not obtained under duress

    Alleged $6.23m fraud: Police Commissioner confirms Emefiele approved payment to foreign election observers

    Nigeria: Court sentences man to three years’ imprisonment in Lagos over N8b fraud

    SERAP, editors sue NBC ‘over threat to sanction broadcasters for expressing opinions’

    Nigeria: Moniepoint confirms digital payments dominance in night transactions

    Moniepoint reveals growth driver amidst fintech competition

    US/Israel-Iran War: Tinubu assures UAE, other Gulf states of Nigeria’s solidarity

    US/Israel-Iran War: Tinubu assures UAE, other Gulf states of Nigeria’s solidarity

    Nigerian Air Force roots out ISWAP, bandits in Borno, Kwara, Katsina, Zamfara, Kaduna states

    Nigerian Air confirms eliminations of terrorists, logistics facilities with airstrikes on Sambisa Forest

    Nigerian Breweries confirms brewers’ return to profitability in 2025

    Nigerian Breweries confirms brewers’ return to profitability in 2025

    • Politics
    • Opinion
  • World
    Nigeria achieves 61.58% refining capacity utilisation in October 2025

    Middle East war triggers global energy shock as prices set for biggest surge in four years

    UNICEF raises alarm over proliferation of sexualised images of youngsters by AI

    UNICEF warns that 7.5m children in Sahel need humanitarian assistance

    Norway, Ukraine sign agreement to produce Ukrainian drones in Norway

    Norway, Ukraine sign agreement to produce Ukrainian drones in Norway

    German Chancellor says end of Iranian leadership could be matter of days

    Iran slams U.S. for failed Pakistan talks

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO confirms that over 1. 75b people lived healthier lives by end of 2025

    Nigeria: NBS confirms further drop in food prices in September 2025

    Report warns of aid shortfall, war, drought to fuel hunger in 2026

    Pope decries wealth inequality as he roundup African tour

    Pope decries wealth inequality as he roundup African tour

    German Chancellor says end of Iranian leadership could be matter of days

    Iran explains definitive decision to rule out peace talks with US

    UN report says extreme heat threatens global agrifood systems

    UN report says extreme heat threatens global agrifood systems

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    SPORTS: Great leap with high budget

    Nigeria targets sports economy growth through intellectual property

    Nigerian Copyright Commission unveils new corporate logo

    NCC boss warns that digital piracy, intellectual property infringement threaten sustainability, investments in sports

    Tinubu congratulates Nigerian-American basketball star Ejimofor Anosike on historic achievements in China

    Tinubu congratulates Nigerian-American basketball star Ejimofor Anosike on historic achievements in China

    NELFUND Interview: Disburses N116b for students’ fees, upkeeps

    NIS partners NELFUND to boost sports education, workforce development

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    SuperSport promises  to broadcast all 104 matches of expanded FIFA World Cup

    SPORTS: Great leap with high budget

    SPORTS: Great leap with high budget

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

    Tinubu congratulates Adamu on appointment as acting CAF General Secretary

    Nigeria: Odegbami threatens to challenge NFF elections in court

    Nigeria: Odegbami threatens to challenge NFF elections in court

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

  • Business
    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Technology convergence is redefining competitive advantage – WEF

    Dangote meets Saudi envoy to deepen economic cooperation, partnership

    Dangote meets Saudi envoy to deepen economic cooperation, partnership

    QEDNG Summit 2026 set for August 11 in Lagos

    QEDNG Summit 2026 set for August 11 in Lagos

    Redeemer’s University Business School to raise men, women of integrity in the business world –  Adeboye

    Afreximbank wants Africa to raise factoring volumes to about €240b to support SME-led transformation

    Afreximbank earmarks US$10 billion intervention fund to shield African economies from global conflicts

    AIICO grows revenues by 27% to ₦137.7b in 2025

    AIICO Insurance to pay  7kobo dividend, yield drops 60%

    Ecobank Nigeria confirms early repayment of $300m eurobond

    Ecobank Nigeria assures customers of uninterrupted banking services

    Banks’ Insiders Take Position: Why You Should Worry

    Investors adopt cautious approach as Nigerian equities rally, gain N837b

    Julius Berger doubles earnings per share, to pay N4.25 final dividend

    Julius Berger doubles earnings per share, to pay N4.25 final dividend

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
  • Home
  • NIGERIA
    Nigeria: Reps dismisses Ndume’s Tax Laws falsification claims as unfounded, misleading

    Nigeria: Sen Ndume commends Tinubu for ₦68b operational support for Maiduguri Emergency Power Plant

    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos govt engages stakeholders on ‘Blue Book’ to reform land administration

    Jimoh Ibrahim: A senator torn between legislative excellence and controversial past

    Nigeria: Akpabio declares Jimoh Ibrahim’s seat vacant in Senate

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria: Security firm warns over safety ahead 2027 elections

    PTDF conducts peer review of Annual Oil and Gas Research Grant Competition

    PTDF commits to lead Africa’s shift from research to industrial impact

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Nigeria: Tinubu tasks new envoys on investment drive, reorders foreign policy priorities

    Nigeria begins indigenous production of attack drones in partnership with local tech firm

    Nigeria’s public debt stock grows by 3.9% to N159.28trn in Q4 2025

    Nigeria unveils plan to lift 50m out of poverty by 2030

    Nigeria: FG commits N48.1b through cash transfer for poverty alleviation in Kano

    Nigeria hails Saudi Arabia’s 50-Student Petroleum Scholarship

    Nigeria hails Saudi Arabia’s 50-Student Petroleum Scholarship

  • Entertainment
    CREATIVE SECTOR: Strong tech-driven growth

    CREATIVE SECTOR: Strong tech-driven growth

    Deejays disown report of Burna Boy’s music ban

    Deejays disown report of Burna Boy’s music ban

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    Spotify streams fetch Nigerian artistes N60b in 2025

    Spotify streams fetch Nigerian artistes N60b in 2025

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFVCB hails Funke Akindele on box office success of ‘Behind The Scene’

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu salutes Rema, Burna Boy, Shallipopi, others as Nigeria shines at 9th AFRIMA

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Nigeria: Lagos unveils ‘Library on the Lagoon’ to promote blue economy

    Nigeria: Lagos unveils ‘Library on the Lagoon’ to promote blue economy

    Dangote credits Ooni for successful building of his refinery

    Dangote pledged ₦550m students’ hostel for FUTO

    JAMB says no barring of undergraduates from UTME

    JAMB dismisses viral 394 UTME score as fake

    APC: Making a political capital out of  LAUTECH best graduating student

    APC: Making a political capital out of  LAUTECH best graduating student

    Nigeria boosts solar capacity by 150% to 300MW in 2 years

    Nigeria: FG inaugurates 2MW solar project at Aliko Dangote University

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: UBEC flags off 2025 School Improvement Programme

    UniAbuja Fawehinmi’s VC Appointment: Revisiting the row over PhD requirement

    UniAbuja Fawehinmi’s VC Appointment: Revisiting the row over PhD requirement

    Nigeria: FG moves to establish Armed Forces Medical College

    UBEC state leaders embrace digital education management system

    NELFUND Interview: Disburses N116b for students’ fees, upkeeps

    NIS partners NELFUND to boost sports education, workforce development

  • Health
    Russian scientists develop method to enhance effectiveness of anti-cancer medicines

    Researchers discover hidden genetic process linked to cancer growth

    Nigeria: FG inaugurates committee to end power outages in hospitals

    Nigeria targets 50% reduction in malaria burden by 2030

    Ikeja Electric commemorates World Malaria Day with community health outreach

    Ikeja Electric commemorates World Malaria Day with community health outreach

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Resident doctors suspend planned nationwide strike after FG commitments

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    No country can eliminate malaria in isolation, WAHO tells ECOWAS Assembly of Health Ministers

    Lagos unveils comprehensive cybersecurity guidelines to strengthen digital safety

    Lagos pumps 5% of health budget into vaccines, fights zero-dose crisis

    Lagos assures of COVID-19 vigilance, strengthens infection control

    Lagos assures of COVID-19 vigilance, strengthens infection control

    Dangote credits Ooni for successful building of his refinery

    Aliko Dangote calls for urgent government and private sector action to eliminate malaria

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    World Malaria Day: WHO prequalifies new malaria treatment for babies

    • Health and Fitness
  • Media
    Chief Justice of Nigeria charges judiciary to guard credibility ahead of 2027 polls

    Chief Justice of Nigeria frowns at inaccurate, sensational reporting of court proceedings

    Tinubu, Gov Adeleke  celebrate Shola Oshunkeye, award-winning journalist and publisher at 70

    Tinubu, Gov Adeleke  celebrate Shola Oshunkeye, award-winning journalist and publisher at 70

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    SERAP urges Tinubu to withdraw NBC’s directive targeting broadcasters

    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA deploys domain extensions to bolster Nigeria’s internet security

    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA blames foreign domains for multi-billion naira capital flight

    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN Nigeria opens applications for 5th Media Innovation Programme

    MEDIA: Digital platforms reshaping consumption

    MEDIA: Digital platforms reshaping consumption

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: EFCC boss tasks media on reportage of anti-corruption fight

    • CSR
    • Jobs
    • Labour
    • Law
  • News
    Alleged $4.5b Fraud: Witness says Emefiele’s co-defendant’s statement not obtained under duress

    Alleged $6.23m fraud: Police Commissioner confirms Emefiele approved payment to foreign election observers

    Nigeria: Court sentences man to three years’ imprisonment in Lagos over N8b fraud

    SERAP, editors sue NBC ‘over threat to sanction broadcasters for expressing opinions’

    Nigeria: Moniepoint confirms digital payments dominance in night transactions

    Moniepoint reveals growth driver amidst fintech competition

    US/Israel-Iran War: Tinubu assures UAE, other Gulf states of Nigeria’s solidarity

    US/Israel-Iran War: Tinubu assures UAE, other Gulf states of Nigeria’s solidarity

    Nigerian Air Force roots out ISWAP, bandits in Borno, Kwara, Katsina, Zamfara, Kaduna states

    Nigerian Air confirms eliminations of terrorists, logistics facilities with airstrikes on Sambisa Forest

    Nigerian Breweries confirms brewers’ return to profitability in 2025

    Nigerian Breweries confirms brewers’ return to profitability in 2025

    • Politics
    • Opinion
  • World
    Nigeria achieves 61.58% refining capacity utilisation in October 2025

    Middle East war triggers global energy shock as prices set for biggest surge in four years

    UNICEF raises alarm over proliferation of sexualised images of youngsters by AI

    UNICEF warns that 7.5m children in Sahel need humanitarian assistance

    Norway, Ukraine sign agreement to produce Ukrainian drones in Norway

    Norway, Ukraine sign agreement to produce Ukrainian drones in Norway

    German Chancellor says end of Iranian leadership could be matter of days

    Iran slams U.S. for failed Pakistan talks

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO confirms that over 1. 75b people lived healthier lives by end of 2025

    Nigeria: NBS confirms further drop in food prices in September 2025

    Report warns of aid shortfall, war, drought to fuel hunger in 2026

    Pope decries wealth inequality as he roundup African tour

    Pope decries wealth inequality as he roundup African tour

    German Chancellor says end of Iranian leadership could be matter of days

    Iran explains definitive decision to rule out peace talks with US

    UN report says extreme heat threatens global agrifood systems

    UN report says extreme heat threatens global agrifood systems

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    SPORTS: Great leap with high budget

    Nigeria targets sports economy growth through intellectual property

    Nigerian Copyright Commission unveils new corporate logo

    NCC boss warns that digital piracy, intellectual property infringement threaten sustainability, investments in sports

    Tinubu congratulates Nigerian-American basketball star Ejimofor Anosike on historic achievements in China

    Tinubu congratulates Nigerian-American basketball star Ejimofor Anosike on historic achievements in China

    NELFUND Interview: Disburses N116b for students’ fees, upkeeps

    NIS partners NELFUND to boost sports education, workforce development

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    SuperSport promises  to broadcast all 104 matches of expanded FIFA World Cup

    SPORTS: Great leap with high budget

    SPORTS: Great leap with high budget

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

    Tinubu congratulates Adamu on appointment as acting CAF General Secretary

    Nigeria: Odegbami threatens to challenge NFF elections in court

    Nigeria: Odegbami threatens to challenge NFF elections in court

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

  • Business
    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Technology convergence is redefining competitive advantage – WEF

    Dangote meets Saudi envoy to deepen economic cooperation, partnership

    Dangote meets Saudi envoy to deepen economic cooperation, partnership

    QEDNG Summit 2026 set for August 11 in Lagos

    QEDNG Summit 2026 set for August 11 in Lagos

    Redeemer’s University Business School to raise men, women of integrity in the business world –  Adeboye

    Afreximbank wants Africa to raise factoring volumes to about €240b to support SME-led transformation

    Afreximbank earmarks US$10 billion intervention fund to shield African economies from global conflicts

    AIICO grows revenues by 27% to ₦137.7b in 2025

    AIICO Insurance to pay  7kobo dividend, yield drops 60%

    Ecobank Nigeria confirms early repayment of $300m eurobond

    Ecobank Nigeria assures customers of uninterrupted banking services

    Banks’ Insiders Take Position: Why You Should Worry

    Investors adopt cautious approach as Nigerian equities rally, gain N837b

    Julius Berger doubles earnings per share, to pay N4.25 final dividend

    Julius Berger doubles earnings per share, to pay N4.25 final dividend

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
No Result
View All Result
Worldstage News
No Result
View All Result
Home Economy

Nigeria: BudgIT alleges 11,122 projects insertions worth N6.93trn by National Assembly in 2025 budget

by Press Release
May 19, 2025
in Economy, NIGERIA
0
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

BudgIT, a prominent civic tech organisation promoting transparency and accountability in Nigeria’s public finance, has uncovered 11,122 projects valued atN6.93 trillion inserted by the National Assembly into the 2025 Federal Government Budget. What began as isolated irregularities has, over the years, evolved into a deeply entrenched culture of exploitation and abuse, with the budget process now a playground for self-serving political interests, led by top-ranking members of the National Assembly.

Our analysis reveals that 238 projects valued above N5 billion each, with a cumulative value of N2.29 trillion, were inserted with little to no justification. 984 projects worth N1.71 trillion and 1,119 projects within the range of N500 million to N1 billion, totaling N641.38 billion, were indiscriminately inserted, raising questions about their relevance and alignment with national priorities. These insertions, far from promoting development, appear tailored to satisfy narrow political interests and personal gains rather than the citizens’ interests.

A closer look shows that 3,573 projects worth N653.19 billion are assigned directly to federal constituencies and 1,972 projects worth N444.04 billion to senatorial districts. Categorically, some of the most glaring anomalies include: 1,477 streetlight projects worth N393.29 billion; 538 boreholes totalling N114.53 billion; 2,122 ICT projects valued at N505.79 billion; and N6.74 billion earmarked for “empowerment of traditional rulers”

Shockingly, 39% of all insertions—4,371 projects worth N1.72 trillion—were forced into the Ministry of Agriculture’s budget, inflating its capital allocation from N242.5 billion to N1.95 trillion. The Ministries of Science and Technology and Budget and Economic Planning also saw bloated allocations of N994.98 billion and N1.1 trillion, respectively, from insertions alone.

Even more concerning is the targeted misuse of agencies like the Nigerian Building and Road Research Institute (Lagos) and the Federal Cooperative College, Oji River, as dumping grounds for politically motivated projects. These agencies lack the technical capacity to execute such projects, leading to rampant underperformance and waste. For example, the Federal Cooperative College, Oji River—a training institution—was saddled with: N3 billion for utility vehicles to support farmers and distribution agents; N1.5 billion for rural electrification in Rivers State; and N1 billion for solar streetlights in Enugu State. These are examples of agencies operating outside their mandates, managing projects unrelated to their statutory functions, and adding zero value to national development.

Despite these findings, the Presidency has remained conspicuously silent. Recall that in the third and fourth quarters of 2024, BudgIT launched the “The Budget is a Mess” campaign to bring these issues to light. We submitted formal letters outlining our findings to the Presidency, the Budget Office, and the National Assembly. While these letters were acknowledged, no response was received from any of the institutions, and not a single institution has taken responsibility for the anomalies. Even more concerning is the silence from the Presidency—silence which, in the face of overwhelming evidence, amounts to complicity.

Commenting on the findings, Gabriel Okeowo, BudgIT’s Country Director, stressed the urgent need to restore integrity to Nigeria’s budgeting process, highlighting how unchecked project insertions by the National Assembly have derailed the purpose of national planning, weakened public trust, and diverted resources away from critical development priorities. “The insertion of over 11,000 projects worth N6.93 trillion into the 2025 budget by the National Assembly is not just alarming—it is an assault on fiscal responsibility. This trend, increasingly normalised, undermines the purpose of national budgeting, distorts development priorities, and redirects scarce resources into the hands of political elites. Nigeria cannot afford to run a government of projects without purpose. We urgently need transparency, constitutional clarity, and a return to evidence-based planning that puts citizens, not politics, at the centre of the budget.” Okeowo said.

In light of the foregoing, we call on President Bola Ahmed Tinubu to exercise stronger executive leadership and reform the budgeting process to ensure alignment with the Medium-Term National Development Plan (2021–2025) and other national priorities. We urge the Attorney General of the Federation and Minister of Justice to seek a constitutional interpretation from the Supreme Court regarding the extent of the National Assembly’s appropriation powers, particularly its authority to unilaterally introduce new capital projects without Executive concurrence. We hope that the anticorruption agencies, the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC), will also take action to track these projects and ensure Nigeria gets value for money.

We also call on citizens, the media, civil society organisations, and the development community to speak out and demand reform. This is not merely about financial mismanagement—it is a matter of justice, equity, and the future of accountable governance in Nigeria. The 2025 Budget must serve the interests of the Nigerian people, not a privileged few.

Tags: BudgITNational Assembly
Press Release

Press Release

Next Post

Road Infrastructure: Lagos delivers 61 roads, 5 bridges in 1 year

  • About
  • Contact
  • Advertise

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.

No Result
View All Result
  • Home
  • NIGERIA
  • Entertainment
    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
  • Health
    • Health and Fitness
  • Media
    • CSR
    • Jobs
    • Labour
    • Law
  • News
    • Politics
    • Opinion
  • World
    • Africa
    • America
    • Asia
    • Europe
  • Sports
  • Business
    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.