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Peter Obi Urges Transparency After Rise In 2025 Budget

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The presidential candidate of Labour Party in the 2023 polls, Peter Obi, on Friday called for greater transparency and accountability as a result of the recent increase in the Budget of Restoration to ₦54 trillion due to reported revenue growth.

Obi made the call in a statement on X, noting that while the sources of revenue were detailed, there was no corresponding breakdown of expenditures to justify the budget increase.

The LP chieftain stressed the need for Nigerians to be informed on how public funds are allocated and spent.

“For transparency and accountability sake, Nigerians need to know how the resources generated from them are being allocated to ensure that they are judiciously spent on the country’s development and the well-being of the people,” Obi said.

According to the former Anambra governor, budgetary expenditures should be directed toward critical areas of development, including education, healthcare, security, and poverty alleviation, to ensure meaningful impact on citizens’ lives.


Yesterday, I read about the increase in the Budget of Restoration to ₦54 trillion due to increased revenue.

While the sources of this revenue were detailed, there is no corresponding breakdown of expenditures to justify the increase. For transparency and accountability sake…

— Peter Obi (@PeterObi) February 7, 2025

He said Nigerians are still waiting for a detailed account of the execution and expenditures of the Renewed Hope budget, which was passed in December 2023.

While urging the government to provide clarity on how the funds from that budget have been utilized, he wants the “National Assembly to seize this opportunity to obtain and make public the full details of the 2024 budget of Renewed Hope budget.”

He also called on lawmakers and government officials to prioritise openness and accountability to safeguard public trust as preparations begin for the 2025 Budget of Restoration,

“Transparency in this regard is crucial for ensuring accountability, learning from past budgets, and making informed decisions for the nation’s progress.

“As we work towards passing the Budget of Restoration for 2025, let us uphold openness, accountability, and the welfare of the Nigerian people. We owe it to ourselves, our children, and the future of our great nation,” he stated.

Obi’s demand comes two days after President Bola Tinubu hiked the proposed 2025 budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenues generated by key government agencies.

Tinubu conveyed the budget adjustment in separate letters sent to both the Senate and the House of Representatives, which were read during Wednesday’s plenary by the Senate President, Godswill Akpabio.

The President disclosed that the increase was driven by ₦1.4 trillion in additional revenue from the Federal Inland Revenue Service, ₦1.2 trillion from the Nigeria Customs Service, and ₦1.8 trillion generated by other government-owned agencies.

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Fubara: I Won’t Stop Rivers Assembly From Carrying Out Its Duties — Wike

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LThe Minister of the Federal Capital Territory (FCT) Nyesom Wike has again thrown his weight behind the Rivers Assembly in its tussle with Governor Siminalayi Fubara.

Fubara and the House led by Martin-Amaewhule have made claims and counter-claims over the presentation of the state’s 2025 budget. Their impasse followed a Supreme Court verdict, recognising the lawmakers as legitimate members of the Rivers State Assembly.

That move led the House to ask Fubara to re-present the state’s 2025 budget which he had presented to the sect of lawmakers led by Victor Oko-Jumbo. Amid the dispute between the legislature and the governor who accused the lawmakers of frustrating his attempts to re-present the budget, Wike has backed the Rivers State House of Assembly.


“Let me tell you, I’m not going to stop the Assembly from performing their constitutional duties. The Assembly should be allowed to perform their constitutional role,” Wike said on Saturday during a Thanksgiving Service held in Abalama, Asari-Toru Local Government Area (LGA) of Rivers State.

“The Assembly people should do their work. Whatever they deem necessary and fit, that is constitutional, they should do. I’m not going to stop anybody from carrying out their functions. I will not do that,” the minister said.

The immediate past governor of the state accused Fubara of seizing allowances and other benefits accrued to members of the Rivers State House of Assembly.

Wike claimed Fubara was deceived into recognising a group of lawmakers and was wrong assured that “Nothing would happen”.

“You went, and they told you to seize Assembly members’ salaries, and allowances for more than one year. These people have no income to pay their children’s school fees and feed their families, and you were jubilating. You were jubilating and people were encouraging you that nothing would happen. But something has happened,” the FCT minister who is also a chieftain of the opposition Peoples Democratic Party (PDP) told the jubilant crowd.

“They will lead you to hellfire,” the minister warned Governor Fubara.

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Kiddwaya Meets Ambode, Seeks Leadership Advice

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Reality TV star Kiddwaya, has shared his recent meeting with former Lagos Governor, Akinwunmi Ambode.

According to Kiddwaya, the discussion centred on how to utilise influence to empower his community and the essential qualities required to become a great leader.

Kiddwaya took to his Facebook page to express gratitude for the opportunity, describing the meeting as a “great discussion” with the former Governor.

“I had a great discussion with the former governor of Lagos state, His Excellency, Akinwunmi Ambode.

“As someone who had a successful tenure with Lagos state, I was able to get great advice on how to use my influence to empower my people and the qualities needed to become a great leader,” he wrote.

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Tinubu hails pharmacist, public health icon, Prof. Gabriel Osuide, at 90

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President Bola Tinubu has congratulated an academic, pharmacist and public health icon, Prof. Gabriel Osuide, as he celebrates his 90th birthday.

Mr Osuide’s contributions to pharmaceutical education, drug regulation and public health in Nigeria are unparalleled, the President said in a statement on Saturday by his spokesperson, Bayo Onanuga.

Mr Tinubu said that Mr Osuide’s work in establishing the National Agency for Food and Drug Administration and Control (NAFDAC) and his role in developing the pharmacy education curriculum at the Ahmadu Bello University and the University of Benin were a few examples of his achievements.

The President commended Mr Osuide’s dedication to strengthening Nigeria’s drug regulatory framework, fostering excellence in pharmaceutical sciences, and mentoring generations of professionals.

He said, “Prof. Osuide has shaped the foundation of pharmacy education and drug administration in Nigeria. His unwavering commitment to academic excellence, institutional reforms and public service inspires all. His leadership in safeguarding the health of Nigerians through rigorous drug regulation remains a cornerstone of our national development.’’

According to him, Mr Osuide has helped to position Nigeria as a leader in pharmaceutical sciences and public health innovation.

“President Tinubu joins Prof. Osuide’s family, colleagues and the Nigerian health and education community in celebrating him, and expresses profound gratitude for his invaluable contributions. He wishes Professor Osuide good health and continued wisdom as he inspires and guides the next generation of health professionals.”

Mr Osuide attained 90 years on Saturday.

(NAN)

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