No fewer than 10 federal ministries and agencies have been allocated over ₦1 trillion each in the 2025 budget. EKO HOT BLOG reports that the allocations are detailed in the 2025 Appropriation Bill presented to the National Assembly. The ministries receiving significant funding include Police Affairs, Interior, Defence, Finance, Power, Works, Budget and Economic Planning, … Read more
Over 20 children have reportedly lost their lives in a tragic stampede during a Christmas celebration organized for children in Ibadan, the Oyo state capital. EKO HOT BLOG gathered the event, which was said to have been hosted by a popular broadcaster’s radio station, promised gifts for attendees. According to online reports, several children were … Read more
Nigeria’s President, Bola Ahmed Tinubu on Wednesday delivered the 2025 budget proposal to a joint session of the National Assembly. The full text of his speech during the budget presentation is provided below. PRESENTATION BY HIS EXCELLENCY, PRESIDENT BOLA AHMED TINUBU, GCFR OF THE 2025 BUDGET OF RESTORATION: SECURING PEACE, REBUILDING PROSPERITY TO A JOINT … Read more
EKO HOT BLOG reports that the presidential candidate of the Labour Party, Peter Obi, said the suspension of Senator Abdul Ningi by the Senate has not addressed vital issues in the allegation of the lawmaker. Obi stated this in a statement via his X handle on Wednesday. According to him, the fuss over the alleged N3 … Read more
The EU warned Italy, France and six other countries Wednesday that they risk breaching the bloc’s tough public spending rule next year, putting particular pressure on Rome to deliver reforms. Spain, Portugal and Belgium were also in the EU’s cross-hairs for bloated budgets, with their governments still working on spending plans for 2020 after holding … Read more