Top Story

Just in: Tinubu presents N47.9trn budget amid tight security at National Assembly

550

A heavy security presence has been deployed at the National Assembly complex in anticipation of President Bola Tinubu’s presentation of the 2025 budget to a joint session of lawmakers.

Senate President Godswill Akpabio is expected to preside over the joint session alongside the Speaker of the House of Representatives, Abbas Tajudeen.

As of 8:00 am, senators and members of the House of Representatives have begun arriving at the National Assembly Complex, specifically the Green Chamber, in preparation for the highly anticipated joint session.

In addition to the heightened security presence, the National Assembly management has also ordered the closure of all business operations and ancillary services, including banks and food vendors, within the complex for the duration of today’s joint session.

Visitors and nonessential staff members of the Assembly have been directed to stay away from the complex until after President Tinubu’s budget presentation today.

Only accredited staff members with essential duties and a select group of journalists will be permitted to report to work and cover the event, respectively.

Persecondnews recalls that the Federal Executive Council (FEC) approved a whopping N47.96 trillion expenditure for the 2025 fiscal year on Monday, marking a significant 36.8% increase from the 2024 budget.

Details shortly…

Leave a comment

Related Articles

Gov. Adeleke stands firm, vows to conduct council polls despite AGF’s objections

Despite a directive from Attorney-General of the Federation (AGF) and Minister of...

Nigeria’s Central Bank Holds Interest Rate Steady at 27.50%

The Central Bank of Nigeria (CBN) has decided to hold all parameters...

32 years after, Babangida finally admits Abiola won June 12 presidential poll in new memoir

In a shocking admission, Nigeria’s former Head of State, retired General Ibrahim...

Dispute Over Seating Arrangement Creates Tension in Senate, Pits Akpoti-Uduaghan Against Leadership

Tensions flared in the Senate on Thursday as Senator Natasha Akpoti-Uduaghan clashed...

US Ambassador to Nigeria, Richard Mills, denies USAID funding of Boko Haram

In a bid to clear its name, the United States has denied...

USAID terrorism financing allegations: Senate summons security chiefs

Amid the swirling controversy surrounding US Congressman Perry Scott’s allegations that the...

Microsoft Invests $1m in Nigeria’s AI Ecosystem, Targets 1 Million Nigerians for Training

In a significant boost to Nigeria’s Artificial Intelligence (AI) ecosystem, tech giant,...

Pres.Tinubu Pays Tribute to Late Clark, Hailing Him as Courageous Leader

President Bola Tinubu has expressed deep sadness over the passing away of...

Just in: Renowned Nigerian Statesman Edwin Clark Passes Away at 97

Chief Edwin Kiagbodo Clark, a prominent Nigerian statesman and leader of the...

FG to US: Adhere to established protocols in deporting 85 Nigerians

By Daniel Okejeme with agency report As the gale of deportation continues...

Angolan President João Lourenço Takes Helm as African Union Chairperson

Angolan President João Lourenço has been elected as the new chairperson of...

Anambra accident: Cement-laden truck crashes into building, leaving five dead, others injured

A tragic accident occurred at the Area Command Bus Stop in Nnewi,...

Just in: Afenifere leader, 96-year-old Ayo Adebanjo exits

Pa Ayo Adebanjo, leader of Afenifere, a pan-Yoruba socio-cultural organization, has died...

FG Launches ‘Power Rangers’ to Protect Power Installations

Nigeria’s Minister of Interior Olubunmi Tunji-Ojo has announced the inauguration of a...

Breaking: National Assembly passes 54.9trn 2025 budget

The National Assembly has approved a record-breaking N54.9 trillion federal government’s budget...

Nigeria Partners Google to Harness AI for Digital Economic Growth

Nigeria is exploring a strategic partnership with Google to advance artificial intelligence...

NNPCL Chief, Kyari, Unveils Strategic Priorities for Africa’s Sustainable Energy Development

Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum...

Five months after cabinet reshuffle: Tinubu orders ministers to render account of stewardship

President Bola Tinubu has directed his ministers to provide an immediate account...

Just in: CBN Introduces New ATM Transaction Fees Effective March 1

The Central Bank of Nigeria (CBN) has announced a review of transaction...

UCH power outage: Minister brokers deal with IBEDC, to restore electricity in 48 hours

Following the Minister of Power, Dr. Adebayo Adelabu’s intervention, the Ibadan Electricity...