February 28, 2025

President Bola Tinubu has signed the 2025 Nigerian budget into law, totaling N54.99 trillion. This marks a significant 99.96% increase from the 2024 budget of N27.5 trillion. Here’s a breakdown of the budget:- Total Expenditure: N54.99 trillion- Statutory Transfers: N3.65 trillion Recurrent (Non-Debt) Expenditure: N13.64 trillion Capital Expenditure: N23.96 trillion Debt Servicing: N14.32 trillion Deficit-to-GDP…

Supreme Court Sacks 23 Rivers State Local Govt Chairmen. The Supreme Court of Nigeria has sacked all 23 Local Government Chairmen in Rivers State, declaring the October 5, 2024 election invalid due to gross violations of the Electoral Act. Justice Jamilu Tukur, delivered the judgment, stating that the Rivers State Independent Electoral Commission’s actions were…