2025 Budget: Defence, Education, Health, Other Ministries Get Over N1tn Each

Economy Improving Tinubu

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

Senate Receives Tinubu’s Confirmation Request for PSC, CCB Nominees

Students Loan

The Senate on Thursday, received a request from President Bola Tinubu seeking confirmation for the appointments of four nominees to the Police Service Commission. The nominees are: Deputy Inspector General of Police (rtd) Buba Ringim, Hon. Justice Adamu Paul Galumje JSC (rtd.), Christine Ladi Dabup, and Abdulfatah Muhammed. In a letter read by Senate President … Read more

BREAKING: Senate Approves Tinubu’s ₦1.77 Trillion Loan to Help Fund 2024 Budget Deficit

Senators Regional Governance

The Senate has approved President Bola Tinubu’s ₦1.77 trillion ($2.2b) loan request following a voice vote in favour of the proposal. The approval came after the Senate Committee on Local and Foreign Debts, led by Senator Wammako Magatarkada (APC, Sokoto North), presented its report. This loan request, submitted by the President on Tuesday, is part … Read more

Senate Approves Establishment Of Federal University In Ekiti

Senate

EKO HOT BLOG reports that a bill proposing the establishment of a Federal University of Technology and Environmental Sciences in Iyin-Ekiti Kingdom, Ekiti State, has been approved by the Senate. The aim of the university, the lawmakers said, is to produce world-class technologists and human resources capable of sustainably managing the country’s economy. The bill … Read more

JUST IN: Buhari Requests Senate’s Approval To Settle N226bn, $556.8m, £98.5m Judgement Debts

Judgement debt

Buhari has requested the Senate’s approval to pay off judgement debts totaling N226 billion, $556.8 million, and £98.5 million. These debts were owed by the Federal Government and will be settled through the issuance of promissory notes. The request has been presented to the Senate for consideration. EKO HOT BLOG reports that the President Muhammadu … Read more