Connect with us


BIG STORY

JUST IN: President Tinubu Transmits N1.481 Trillion 2025 Rivers Budget To National Assembly

Published

on

President Bola Tinubu has requested that the national assembly approve N1.481 trillion as the 2025 budget for Rivers State.

Tinubu’s request was read by Tajudeen Abbas, the speaker of the house of representatives, during plenary on Thursday.

Senate President Godswill Akpabio also read the letter on the floor of the red chamber.

In the budget’s breakdown, Tinubu indicated that N324 billion is proposed for infrastructure, N166 billion for the health sector, N75.6 billion for education, and N31.4 billion for agriculture.

The president asked the house to consider and pass the appropriation bill expeditiously.

On April 3, Ibok-Ete Ibas, the sole administrator of Rivers, stated that the state would soon have a new 2025 budget.

Ibas mentioned that the budget would prioritize education, healthcare, social services, and infrastructural development.

  • Recall

On March 18, 2025, Tinubu declared a state of emergency in Rivers State. He cited a “protracted political crisis” and “torching of oil installations” as reasons.

Tinubu also suspended Siminalayi Fubara, the state’s governor; his deputy, Ngozi Odu; and all members of the Rivers assembly “for an initial period of six months.”

Ibas, an ex-naval chief, was subsequently appointed as the sole administrator for Rivers. Following his appointment, Ibas suspended all political officeholders who had been appointed by Fubara.

Several stakeholders, including the Pan Niger Delta Forum (PANDEF), have criticized Ibas for his handling of the state’s affairs.

There have also been protests in the state demanding the reinstatement of Fubara.

On April 15, Abbas inaugurated a 21-member committee to ensure transparent governance and the rule of law in the state.

A day after the committee was formed, the lawmakers invited the Rivers sole administrator to appear before them on April 17.

Ibas, who was expected to brief the lawmakers on governance in the state, requested a rescheduling, and the meeting was moved to April 24.

However, the sole administrator failed to honor the invitation.

When he finally appeared before the committee on April 25, he appealed for more time to prepare for the briefing, stating that the political situation in Rivers is “complex.”

Earlier this month, Abbas announced that the national assembly would constitute a committee to facilitate the restoration of democratic rule in the state.

  • The Rivers’ Budget Crisis

The budget crisis in Rivers State dates back to 2023, when the state’s house of assembly became polarized into two factions.

In December 2023, Fubara presented an N800 billion budget estimate for 2024 to a five-member house of assembly led by Edison Ehie.

Barely 24 hours later, the Rivers governor signed the 2024 appropriation bill into law.

In January 2024, a federal high court in Abuja “voided and set aside” the presentation and passage of the 2024 budget.

The court also prohibited the Central Bank of Nigeria (CBN) and the accountant-general of the federation from releasing statutory monthly allocations to Rivers State.

James Omotoso, the presiding judge, had ordered Fubara to re-present the budget to the “legally” constituted house of assembly.

In October 2024, a court of appeal in Abuja affirmed the judgment of the federal high court.

The judgment of the federal high court was upheld by the supreme court on February 28.

In January 2025, Fubara mirrored the 2023 incident by presenting an N1.18 trillion 2025 appropriation bill to just four members of the house of assembly. He signed the bill into law within 72 hours.

BIG STORY

Wike’s Verbal Assault On Soldier Undermines National Security, He Must Apologise — Buratai

Published

on

Former Chief of Army Staff, Lt. Gen. Tukur Buratai (rtd), has condemned the Minister of the Federal Capital Territory (FCT), Nyesom Wike, over a recent confrontation with military personnel at a disputed land site in Abuja.

Videos circulating on social media on Tuesday showed Wike in a heated exchange with uniformed officers during an inspection of the land in question.

In a statement released on Wednesday, Buratai described the altercation as a direct “threat to national security,” warning that it requires “immediate and serious response” from relevant authorities.

“His public disparagement of a uniformed officer of the Nigerian Armed Forces transcends mere misconduct; it represents a palpable threat to national security and institutional integrity,” Buratai said.

He added that “a minister’s verbal assault on a military officer in uniform is an act of profound indiscipline that strikes at the core of our nation’s command and control structure.”

Buratai further explained that such behaviour “deliberately undermines the chain of command, disrespects the authority of the Commander-in-Chief, and grievously wounds the morale of every individual who serves under the Nigerian flag.”

He warned that “such actions erode the very foundation of discipline upon which our national security apparatus stands,” stressing that it should not be treated as “political theatre.”

“This is a reckless endangerment of national order. This action by Wike is clearly an indication of undermining the federal government’s authority,” he said.

The former army chief called on Wike to publicly apologise to President Bola Tinubu, the Commander-in-Chief of the Armed Forces, and to the military officer involved in the incident.

“Our nation’s security must come first. It is time for decisive action, not politics of military bashing. The integrity of our Armed Forces demands nothing less,” Buratai added.

Continue Reading

BIG STORY

Senate Panel Rejects NNPCL’s Position On ‘Unaccounted’ N210trn, Demands To See Ojulari

Published

on

The Senate Committee on Public Accounts has dismissed the written explanations submitted by the management of the Nigerian National Petroleum Company Limited (NNPCL) regarding the “unaccounted” N210 trillion uncovered in its audited financial statements between 2017 and 2023.

On October 7, the committee chairman, Senator Aliyu Wadada, confirmed that the NNPCL had responded to all 19 audit queries raised about its finances. The review followed findings from the Office of the Auditor-General of the Federation, which highlighted significant discrepancies in the company’s books.

According to the audit report, N210 trillion could not be properly accounted for — comprising N103 trillion listed as liabilities and N107 trillion as assets.

Despite being scheduled to appear before the committee on Tuesday, the NNPCL management failed to show up, opting instead to send a written response. The decision drew sharp criticism from lawmakers, who accused the company of avoiding accountability.

Describing the company’s action as “offensive evasiveness,” Senator Wadada said the committee would no longer accept written submissions or representatives appearing on behalf of Bayo Ojulari, the Group Chief Executive Officer (GCEO) of NNPCL.

“Today, November 11, 2025, was a date chosen by NNPC,” Wadada said. “It is rather unfortunate that none of the officials of NNPC is here on a date they themselves chose. The public has been waiting for this. It is important that we keep Nigerians informed.”

He said the committee would proceed with its findings based on the documents already submitted, noting that the company’s explanations raised major red flags over claims of N103 trillion in accrued expenses and N107 trillion in receivables, totalling N210 trillion.

Wadada further stated that the submissions made by NNPCL contradicted evidence already in possession of the committee. “NNPC claimed N103 trillion as accrued expenses and N107 trillion as receivables—amounting to N210 trillion,” he said. “On question eight, NNPC’s explanation on the N107 trillion receivables — equivalent to about $117 billion — contradicts available facts and evidence provided by NNPC itself. The committee is duty-bound to reject this.”

He also questioned the credibility of the company’s claim that it paid N103 trillion in cash calls in 2023 alone, pointing out that its total crude oil revenue between 2017 and 2022 was only N24 trillion. “Cash call arrangements were abolished in 2016 under the Buhari administration,” he said. “How can NNPC claim to have paid N103 trillion in one year when it only generated N24 trillion in revenue over five years? Where did NNPC get that money?”

The senator added that the alleged N103 trillion must be remitted to the federal treasury pending proper clarification from the company.

Wadada also dismissed NNPCL’s justification for the N107 trillion in receivables, which it partly attributed to funds supposedly held in defunct banks. “No bank or amount was named. This lack of transparency is unacceptable,” he said.

He disclosed that the committee might summon former officials of both NNPCL and the National Petroleum Investment Management Services (NAPIMS) to provide further clarification, stressing that NAPIMS, by law, is not permitted to operate an independent account.

Wadada warned that future committee invitations must be honoured in person by the NNPCL chief executive, stating, “At any point this committee invites NNPC; the chief executive must appear in person. Being out of the country will no longer be accepted as an excuse.”

Continue Reading

BIG STORY

Tinubu Sends Delegation To UK To Negotiate Ekweremadu’s Transfer To Nigeria

Published

on

President Bola Tinubu has dispatched a high-level delegation to London to open discussions with British authorities on the case of former Deputy Senate President, Ike Ekweremadu, who has been in a UK prison since March 2023.

The delegation includes Yusuf Tuggar, Minister of Foreign Affairs, and Lateef Fagbemi, Attorney General and Minister of Justice. Both officials arrived in London on Monday and held meetings with senior officials of the United Kingdom’s Ministry of Justice.

Confirming the development, Alkasim Abdulkadir, spokesperson for the Foreign Affairs Minister, told TheCable on Tuesday that the visit was aimed at consulting with British authorities on the possibility of Ekweremadu completing his remaining prison term in Nigeria.

The Ekweremadu Case

Ike Ekweremadu and his wife, Beatrice, were arrested by the London Metropolitan Police in June 2022 after a young man was allegedly misrepresented as a cousin to their daughter, Sonia, in a bid to carry out a kidney transplant at the Royal Free Hospital in London.

The 21-year-old donor had informed police in May 2022 that he was brought into the United Kingdom under false pretences for an organ transplant and had been promised work in the country.

Following a full trial, a UK court in March 2023 found the former deputy senate president guilty of organ trafficking, alongside his wife and a Nigerian doctor, Obinna Obeta. The conviction marked the first of its kind under the United Kingdom’s Modern Slavery Act.

On May 5, 2023, the court sentenced Ekweremadu to nine years and eight months in prison, while his wife received a four-year, six-month sentence. Obeta, the medical doctor involved, was handed a 10-year sentence.

In his ruling, Justice Jeremy Johnson directed that Beatrice Ekweremadu should serve half of her sentence in custody and the remainder on licence.

However, in January 2025, Beatrice was released from prison and returned to Nigeria. Her husband, meanwhile, continues to serve his term in a UK correctional facility.

The Nigerian government’s recent intervention seeks to explore diplomatic and legal frameworks that could allow Ekweremadu to complete his sentence within Nigeria’s correctional system.

Continue Reading


 

 


 

 

 

 

Join Us On Facebook

Most Popular