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Budget failure: No excuses for failing on the document you prepared, angry Senators berate Tinubu

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The Senate, on Monday expressed strong resentment to the multiple budget implementations in a fiscal year by the federal government, as experienced in 2025, berating the executive for the gaps in the preparation and execution of the document.

The lawmakers could not understand the reason for the excuses being offered by the government over the absence of wholesome implementation of a document it prepared exclusively, saying the situation unacceptable to Nigerians.

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Wale Edun, Minister of Finance and Coordinating Minister of the Economy, had told members of the Senate Committee on Finance at an interactive meeting with leading managers of the nation’s economy on the 2026-2028 Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper (FSP) that while revenues for 2024 budget had been met, that of 2025 had not been met and would therefore be fused into the 2026 edition.

This, obviously did not sit well with the Senators, with Sani Musa, Senator representing Niger East on the platform of the All Progressives Congress (APC) and Chairman of the committee, stating that the executive must endeavour to present realisable proposals to avoid the ugly development.

Briefing the committee on the development, Edun said: “Funding for the capital components of the 2024 budget have been met through realisation of the total projection of N26trillion revenue but that of 2025 have not been met.

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“Out of projected N40trillion revenue for 2025 fiscal year, only N10trillion has been realised, leaving a shortfall of N30trillion and consequently making the federal government roll over 70% of capital projects captured in 2025 fiscal year to 2026.”

Senators, however, railed against the development, maintaining that a government that prepared a budget, should not be the one making such excuses on its implementation, neither should it be excused for doing a shoddy job of haphazard execution.

Danjuma Goje, Gombe Central, while expressing dissatisfaction said: “This ugly situation we found ourselves on multiple budget implementations should please end by this year . It is not acceptable. Things must be normalised from next year.”

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Echoing the same sentiment, Olalere Oyewumi, Osun West, told the minister that since budgetary proposals were not given to the government by the governed, it should present realisable proposals to avoid non-implementations which usually dovetailed into multiple implementations in subsequent years.

Victor Umeh, Anambra Central on the and Ireti Kingibe, Federal Capital Territory (FCT), both on the platform of the Labour Party (LP), wondered why the federal government did not fill the missing gaps in revenue targets, with borrowings approved for it from time to time by the Senate and by extension, the National Assembly.

Musa, however, came to the rescue of the minister, assuring his colleagues and by extension, Nigerians, that the required normalisation in budget projections and implementation shall be done from 2026.

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He said a three-man ad hoc committee shall be set up by the committee to liaise with the minister and the accountant-general of the federation on payment of local contractors for projects executed in 2024 before expiration of the budget on 31st of this month.

Musa, particularly tasked Zacch Adedeji, Chairman of the Federal Inland Revenue Services (FIRS), to work towards realising N35trillion as target revenue for 2026 fiscal year and not the earlier projected N31trillion he mentioned.

Adedeji, while reaffirming that the body would do its best, explained that under him, FIRS realised N20.2trillion revenue in 2024 and N25.2trillion in 2025, but regretted that the huge revenue being realised including those coming from other agencies, such as Customs, were being swallowed and made insufficient by multiple budget implementations in a fiscal year.

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Atiku Bagudu, Minister of Budget and Economic Planning, and Heineken Lokpobiri Minister of State (Petroleum), defended the parameters set for the N54. 4trillion 2026 budget, saying it stood on 1.84million oil production per day; $64.85 oil price benchmark; and N1, 512.00 to 1USD as exchange rate, among others.

President Bola Tinubu had last Thursday, transmitted the 2026-2028 Medium Term Expenditure Framework and Fiscal Strategy Paper to the Senate for consideration and subsequent approval.

The letter was read by the Deputy President of the Senate, Senator Barau Jibrin, APC, Kano North, read: “It is with pleasure that I forward the 2026 to 2028 Medium-Time Expenditure Framework and Fiscal Strategy Paper, MTEF, and FSP for the kind consideration and approval of the Senate.

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“The 2026 to 2028 MTEF and FSP was approved during the Federal Executive Council meeting of December 3, 2025, as the 2026 budget of the Federal Government will be prepared, based on parameters.

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Akpabio: This isn’t time to probe military *I didn’t promise ticket for failed senators

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Godswill Akpabio, Nigeria’s Senate President, on Friday, pushed back against reports quoting him as promising to retrieve tickets from winners of the All Progressives Congress (APC), in lieu of sitting senators, who failed at the party’s primaries recently.

He also spoke on the issue of the comprehensive probe called by Adams Oshiomhole, former Governor of Edo State, now Senator representing Edo North at the National Assembly, clarifying his position on the matte, which has since raised a lot of dust within the polity.

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The twin issues, dominated the outcome of proceedings on Thursday, on the day the Senators returned after going on recess to participate in the party primaries that took place across board in Nigeria in line with the electoral outlay of the Independent National Electoral Commission (INEC).

Akpabio, former Governor of Akwa Ibom State, former Minister of the Niger Delta and now Chairman of the National Assembly, who conveyed his position through Eseme Eyiboh, his spokesman, denied ever making such promise to his colleagues, as it went against the grain of democratic ethos, which he had vowed to uphold.

Regarding the probe of the military, Akpabio, in the statement, stressed the need not to distract the institution, but provide it with all the needed support, giving the parlous security situation in the country, its personnel had been battling relentless.

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The statement read in full: “The attention of the Office of the President of the Senate has been drawn to misleading reports circulating in sections of the media suggesting that the President of the Senate has promised to secure senatorial tickets for senators who lost their party primaries.

“We must categorically assert that this report does not reflect the position of the President of the Senate. For the record, Senator Akpabio has neither made nor authorised to be made such promise.

 

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“What the President of the Senate actually said, in the course of interacting with his colleagues, was to empathise with senators who were affected by the outcome of their primary elections.

“He assured them that the leadership of the All Progressives Congress, (APC), is actively working to address all issues arising from the primaries and that the final list of candidates will be released in due course in line with the party’s constitution and electoral guidelines.

“Senator Akpabio remains committed to party discipline, due process, and the internal mechanisms of the APC for resolving disputes. He will not interfere with the autonomous processes of the party or make commitments that are outside the purview of the National Assembly leadership.

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“The office also notes another report quoting a distinguished Senator on the need for the Senate to probe the military over recent security incidents. While legislative oversight is a constitutional responsibility of the National Assembly, Senator Akpabio’s position is that this is not the opportune moment for a public probe of the Armed Forces.

“At a time when our troops are engaged on multiple fronts against terrorism, banditry and other threats to National Security, subjecting the military to a public legislative inquisition could undermine morale and operational focus.

“The Senate President believes strongly that support, collaboration and closed-door engagements with security agencies are more productive at this critical time. Oversight will be exercised responsibly, without creating distractions that embolden adversaries or divert attention from the urgent task of securing Nigeria.

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“Senator Akpabio urges the media and the public to disregard sensational and inaccurate misrepresentation of his remarks and to always seek clarification from his office before publication.”

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Our primaries were flawless – NDC *Denies imposition of candidates

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No candidate was imposed neither was any member barred from participating in the process, the Nigeria Democratic Congress (NDC), said on Thursday, which defending the integrity of the exercise, which ended on May 29.

In a statement by Ikenna Enekweizu, National Secretary, party said that all aspirants were given a fair opportunity to participate in the democratic process, adding that the selection process was driven by consultation, consensus-building, and stakeholder engagement through established leadership structures across the country.

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Stressing that its National Secretariat was never involved in the business of picking, choosing, or imposing candidates on any constituency or state, contrary to allegations that have emerged following the conclusion of the primaries, the statement added: “At no time has the NDC National Secretariat been involved in the business of picking, choosing, or imposing candidates on any constituency or state.

“Aspirants seeking elective positions were directed to engage with caucus leaders, stakeholders, and grassroots members in their respective states, who were responsible for consultations and recommendations based on local political realities. In the South-East geopolitical zone, our presidential candidate, Peter Obi, joined the party with an existing network of respected political leaders and elder statesmen who currently serve as caucus heads across the region.

“These include former governors and senior political figures such as Sam Egwu, Okwesilieze Nwodo, and Achike Udenwa, among others. The party explained that these leaders were tasked with conducting stakeholder consultations and helping build consensus around aspirants in their respective states.

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“These leaders were entrusted with conducting stakeholder consultations, building consensus, and making recommendations to the party based on their understanding of the peculiar political dynamics in their respective states.

“Aspirants who disagreed with stakeholder recommendations were not excluded from the process but were allowed to test their popularity through grassroots primaries. This process was conducted without prejudice to the rights of any aspirant. Where aspirants disagreed with recommendations made by stakeholders or caucus leaders, they were free to test their popularity through the democratic process at the grassroots level, and this was duly accommodated,” the party said.

Addressing concerns raised by some aspirants following the primaries, the NDC acknowledged reports of individuals prematurely declaring themselves candidates as well as complaints regarding aspects of the process.

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However, it maintained that such issues had been referred to the party’s appeal panel and leadership for resolution.

The statement also highlighted the party’s commitment to affirmative action and greater female participation in politics, noting that efforts had been made to encourage women to seek elective offices while also considering the interests of serving lawmakers.

Looking ahead, the NDC announced plans to begin a broad reconciliation process aimed at healing divisions and strengthening party unity after the conclusion of the primaries.

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“As resolved at yesterday’s NEC meeting, we now look forward to the commencement of a comprehensive reconciliation process. We count on our esteemed caucus leaders, state chairmen, stakeholders, and party leaders to engage all aspirants and members in the interest of unity, cohesion, and the continued growth of our party.”

The party reiterated that its role throughout the nomination process was primarily to welcome new members and aspirants, reassure them of its commitment to fairness and transparency, and direct them to the appropriate caucus structures for participation in party affairs.

According to the NDC, the approach reflects its commitment to internal democracy, consultation, inclusiveness, and respect for established leadership structures as it continues preparations for future elections.

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Hidden syndicate behind oil theft – Navy *Wants special court to try offenders

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Idi Abbas, Chief of the Naval Staff (CNS), on Friday, prayed for a legislation to establish a special court to try those caught in the business of stealing crude oil in Nigeria, saying the current general law was not too helpful in stemming the tide.

It was also a day he claimed that the powerful forces behind the syndicate had a way of projecting fronts while remaining behind the scene, which made it almost impossible to track them to face justice.

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In fact, Abbas, a Vice Admiral, revealed that the operation was so perfect that those arrested at illegal refining sites were usually low-level operatives with little knowledge of the larger criminal network.

A guest on Sunrise Daily, a breakfast programme on Channels Television, the Naval Chief noted that many of those apprehended during operations are merely workers paid small sums, adding that such a complex structure of oil theft syndicates made it difficult to identify and prosecute the individuals who orchestrate the criminal enterprise.

“Most of the faces behind these thefts are not really known or are not the ones we always catch. The ones we get at most of the illegal refinery sites are just being given some paltry sum, while the big masquerades are the ones that make the real money. Prosecuting suspects is often complicated by the fact that many of those arrested have little or no information about the people directing the operations.

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“In trying to prosecute some of these people that we get, some of them don’t even know who they are working for. So, the network is a very delicate one.

“But despite the challenges the Nigerian Navy and other security agencies are continually refining their strategies to counter the evolving tactics of oil thieves. As they are evolving strategies, we are also evolving new strategies. Like I keep saying, technology is the way forward. With that, we have been able to reduce the level of theft.”

Stating that the adoption of technology-driven surveillance, intelligence gathering and monitoring systems had significantly enhanced efforts to curb crude oil theft and protect critical national assets, he reaffirmed the commitment of the Nigerian Navy to sustaining operations against oil theft, stressing that collaboration among security agencies, stakeholders and host communities remains essential to safeguarding the nation’s oil resources.

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The naval boss while assuring that Nigeria’s coastal and riverine communities are relatively safe, said the Nigerian Navy had made significant progress in reducing threats along the coast, particularly illegal oil-related activities and sea robbery.

“As it stands today, I can say that our coastal areas and the riverine areas are relatively safe. While crude oil theft and isolated cases of sea robbery remain areas of concern, the Navy has been largely successful in containing such activities through intensified surveillance and enforcement operations.

Hear him: “What we are contending with mostly there is the issue of crude oil theft and some pockets of sea robbery, which we are able to curtail. There is need for the establishment of a special court dedicated to prosecuting maritime crimes.

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“This court will focus exclusively on cases involving crude oil theft and other maritime-related offences, helping to address delays associated with the conventional judicial process. The establishment of such a court would significantly accelerate the dispensation of justice and reduce the burden currently placed on the Navy in maintaining seized vessels and other exhibits pending the conclusion of lengthy court processes.

“If we have that in place, I believe the dispensation of justice will be done much faster and then ease the burden of keeping and maintaining some of the arrested vessels, which will be taken off from us because we spend a lot to maintain those vessels under our custody.”

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