Rivers Crisis Deepens as Gov. Fubara Presents Budget to 4- Man Assembly Political Turmoil in Rivers Persist Gov.Fubara and Wike’s Disagreement Linger on Governor Sim Fubara of Rivers State has officially presented the 2025 budget proposal to a faction of the state House of Assembly amid ongoing political tensions within the legislative body. The … Read more
Doyin Okupe, the former presidential spokesman, has praised President Bola Tinubu’s allocation of N4.91 trillion to defence and security in the 2025 budget. Eko Hot Blog reports that Okupe acknowledged that this move demonstrates the administration’s commitment to ending insurgency and other security challenges, as well as their political will to achieve these goals. EDITOR’S … Read more
………Embracing the Spirit of Christmas Christmas is a magical time, celebrated across the world as a season of joy, giving, and togetherness. In Nigeria, it’s a period filled with vibrant cultural festivities, colorful decorations, and a unique blend of traditions that reflect the nation’s diversity. EDITOR’S PICKS PDP Declares Ethiope East Federal Seat Vacant Following … Read more
Ekohotblog reports that he Ikosi-Ejinrin Local Council Development Area (LCDA) has commenced its 2025 Budget Retreat with a call from the Executive Chairman, Otunba-Akogun Wale Raji Anomo, for the proposed budget to reflect the aspirations and needs of the people, with a focus on economic prosperity and infrastructural development. While declaring the retreat open, Chairman … Read more
Ekohotblog reports that the Eredo Local Council Development Area (LCDA) recently held a community meeting to gather input for the 2025 budget. The meeting, led by the Executive Chairman, Hon. Monsuru Akinloye, provided residents an opportunity to share their thoughts and suggest improvements for the community. In his address, Hon. Akinloye highlighted the progress made … Read more
Ekohotblog reports that Hon Princess Surah Olayemi Animashaun, Chairman of Epe Local Government, solidified her bid for a second term as she engaged key community leaders in a discussion on the 2025 budget. During the meeting, held to ensure community participation in the government’s spending plans, Princess Surah received resounding support for her leadership … Read more
Ekohotblog reports that Hon. Abdullahi Sesan Olowa, the Executive Chairman of Ibeju-Lekki Local Government, presented the 2024 supplementary budget during a meeting at the Council’s Legislative Chambers. The budget, titled “Budget of Developmental Growth, Fiscal Sustainability, and Wealth Creation,” aims to promote growth and development in the community despite current economic difficulties. EDITOR’S PICKS: … Read more
Ekohotblog reports that the Ibeju-Lekki Local Government, led by Mayor Hon. (Engr.) Abdullahi Sesan Olowa, recently held a supplementary budget session to discuss resource allocation for the final quarter of the fiscal year 2024. The meeting brought together executives, legislative members, and management to deliberate on funding for essential projects and activities. EDITOR’S PICKS … Read more
Lagos government is set to engage Epe residents at a consultative forum for planning the state’s 2025 budget. Eko Hot Blog reports that the Lagos State Government, led by Governor Babajide Olusola Sanwo-Olu, recently kicked off its sixth Budget Consultative Forum. EDITOR’S PICKS Lagos Govt Recognises, Respects Citizens’ Right To Protest – Sanwo-Olu Lekki-Epe Corridor: … Read more
Lagos has set a date for its 2025 budget consultative forum where residents can make requests. Eko Hot Blog reports that the administration of Lagos State Governor Babajide Sanwo-Olu is set to commence town hall meetings to engage residents in the formulation of the 2025 budget. In a statement announcing the move on Friday, the … Read more
President Bola Tinubu has requested the national assembly to increase the 2024 appropriation act by N6.2 trillion. In a letter read by Senate President Godswill Akpabio on Wednesday, Eko Hot Blog gathered that the proposed increase would raise the 2024 budget to N34.9 trillion, up from the initial N28.7 trillion budget signed into law on … Read more
The Martin Amaewhule-led Rivers Assembly has suspended all expenditures by the State Governor Siminalayi Fubara until he re-presents his budget before the House. According to Eko Hot Blog, the lawmakers had given the Governor a seven-day ultimatum to re-present his budget, which has expired. EDITOR’S PICK: Re-Present 2024 Budget, Pro-Wike Assembly Tells Fubara Your Seats … Read more
President Bola Tinubu announces a ₦2 trillion investment in critical sectors like Health, Agriculture, Energy/Power, and others to accelerate economic stabilization and advancement. EKO HOT BLOG reports that President Bola Tinubu has announced a bold plan to inject ₦2 trillion into key sectors of the economy over the next six months. This significant investment aims to … Read more
Senate and House of Reps set to resume plenary in renovated chambers after two-year renovation. Renovation began in April 2022 under Muhammadu Buhari-led administration. National Assembly budgeted over N30 billion for renovation, later reduced to N9 billion after public outcry. EKO HOT BLOG reports that members of the Senate and House of Representatives are set … Read more
President Tinubu approves FCT budget exceeding N1.1 trillion for fiscal year 2024. FCT minister, Nyesom Wike, announces the approval, highlighting its impact on infrastructure, healthcare, and education. The budget breakdown includes allocations for overhead expenses, capital projects, and personnel, totaling N1.147 trillion. EKO HOT BLOG reports that President Bola Ahmed Tinubu has officially approved the statutory … Read more
Minister Nyesom Wike seeks House approval for N500 billion loan for FCT’s 2024 budget. Lawmaker expresses concerns over proposed borrowing, suggests exploring capital market options. Wike urges newly sworn-in FCT officials to pledge loyalty to President Tinubu’s agenda. EKO HOT BLOG reports that Minister Nyesom Wike calls for N500 billion loan approval from House for FCT’s … Read more
Eko Hot Blog reports that the 2023 Labour Party presidential candidate, Peter Obi, has called for a total review of the 2024 budget, citing grave concerns over the nation’s deteriorating security situation, widespread poverty, food insecurity, and crumbling infrastructure. Editor’s Pick BREAKING: SSANU, NASU Begin Strike, Ground Varsities Black Market USD To Naira Exchange Rate … Read more
EKO HOT BLOG reports that the Federal Government has said a total of N160 billion was budgeted for the Consumer Credit Scheme and implementation of the Student Loan Scheme in the 2024 budget. The Minister of Budget and Economic Planning, Atiku Bagudu, made the disclosure on Thursday at a press briefing in Abuja. EDITOR’S PICKS BREAKING: … Read more
EKO HOT BLOG reports that the Peoples Democratic Party (PDP) on Wednesday, called for Senate President Senator Godswill Akpabio to promptly step aside and facilitate an independent investigation into allegations regarding the discreet insertion of a significant N3.7 trillion into the 2024 budget for purported non-existent projects. In a statement issued by the national publicity secretary … Read more
EKO HOT BLOG reports that Senators engaged in a heated exchange on Tuesday afternoon following a statement made by Senator Abdul Ningi, representing Bauchi Central Senatorial District in Bauchi State. Senator Ningi alleged that the 2024 Budget had been padded by N3 trillion. In an interview with BBC Hausa Service over the weekend, Senator Ningi further … Read more