Tinubu’s ₦49.7tn 2025 Budget Passes Second Reading in Senate

Senate President Godswill Akpabio and Tajudeen Abass, Speaker of the House of Representatives at the meeting with labour leaders

The 10th Senate, under the leadership of Godswill Akpabio, on Thursday, advanced the ₦49.7 trillion 2025 Budget to its second reading. EKO HOT BLOG reports that the budget received approval during plenary after extensive deliberations. The budget, presented the previous day by President Bola Tinubu, was subsequently referred to the Committee on Appropriations, chaired by … Read more

FG Speaks On Food Inflation, Reveals When Prices Will Drop

Food Inflation

FG Speaks On Food Inflation, Reveals When Prices Will Drop. Government allocates special funds for infrastructure to bolster agriculture. Edun underscores global issue of food insecurity. EKO HOT BLOG reports that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, assures Nigerians of forthcoming reductions in food prices. Edun elaborates on the government’s … Read more

Tinubu Launches Renewed Hope Infrastructure Fund

Umahi

President Tinubu approves Renewed Hope Infrastructure Fund to address $25bn/year funding gap. Minister Idris confirms initiative’s establishment within Presidency. Fund aims to address Nigeria’s critical infrastructure needs. EKO HOT BLOG reports that President Bola Tinubu on Monday,  approved the establishment of the Renewed Hope Infrastructure Fund aimed at addressing Nigeria’s annual infrastructure funding gap of $25 … Read more