Amid the escalating security crisis across Nigeria, the Nigerian Army and the Nigerian Air Force are grappling with gross underfunding, particularly in the acquisition of security and defence equipment, according to records from the federal government’s Open Treasury Portal. Details of the 2025 budget performance posted on the portal showed th...
•Tinubu presenting the 2026 budget before the joint sitting of the National Assembly in December 2025 Nigeria’s economic growth may be under a serious threat as several ministries received zero or near-zero capital budget releases in 2025 despite huge appropriations approved by the National Assembly, experts have warned. Economists and public ...
•Nigerian Senate The National Senate yesterday passed for second reading ‘a Bill for an Act to Repeal and Re-Enact the 2024/2025 Appropriations Act,” which when enacted, would bring down the spending plan to a total sum of N43.56 trillion. The proposed expenditure framework, according to the Senate, comprises N1.74 trillion for statutory tra...
•Nigerian Senate The National Assembly has called for the withdrawal of all circulars issued for contract awards in the 2025 fiscal year, strongly indicating that the N23.9 trillion capital component of the N54.99 trillion 2025 budget will spill over into the 2026 fiscal year. The resolution was jointly adopted by the Appropriations Committees...
•Accountant-General of the Federation, Shamseldeen Ogunjimi The federal government may extend the 2025 budget into 2026, as slow capital project implementation, procurement delays, and a shutdown of the cash-planning portal have left many projects stalled about eight months into the fiscal year. The possibility of a rollover came to light at a...
•Ibas (second-right) at the Senate ad-hoc committee hearing today The Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (retd.), has announced an upward review of the state’s 2025 budget from ₦1.48 trillion to ₦1.846 trillion — an increase of approximately ₦400 billion. Ibas disclosed this while presenting the revised budget befor...
•Vice Admiral Ibok-Ete Ibas (retrd) The Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (retd), has said the proposed N1.48 trillion 2025 budget anticipates the return of suspended Governor Siminalayi Fubara and other affected political office holders. Ibas made this known in Abuja today while defending the budget before the Hou...
The Coalition of United Political Parties (CUPP) has again condemned the 2025 Appropriation Act, describing it as a glaring example of uncoordinated spending, systemic corruption, and a failure of national planning. Speaking in Abuja yesterday, the National Secretary of the CUPP, Chief Peter Ameh, said the budget—meant to serve as a tool for n...
•National Assembly Complex, Abuja The National Assembly inserted 11,122 projects worth N6.93 trillion in the 2025 federal government (FG) budget, BudgIT, a civil society organisation promoting transparency and accountability, has revealed. This figure represents 12.61% of the ₦54.99 trillion approved by Nigeria’s President Bola Ahmed Tinubu fo...
•Speaker Martin Amaewhule and Governor Fubara The Rivers State House of Assembly has given Governor Sim Fubara 48 hours to present the 2025 budget to the lawmakers. The assembly which constitutes 27 members loyal to the former governor and Minister of Federal Capital Territory, Nyesom Wike, made this known during plenary in Port Harcourt today...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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