President Bola Tinubu is set to present the 2025 budget proposal, while the EFCC has arrested hundreds of suspected fraudsters in a major crackdown.
Reports on the planned presentation of the 2025 budget proposal by President Bola Tinubu on Wednesday, and the arrest of 793 suspected fraudsters, dominate the frontpages. The Punch reports that the federal executive council (FEC) has made the final adjustments to the 2025 budget, with President Bola Tinubu expected to present the appropriation bill before lawmakers on Wednesday.
Daily Trust reports that the Economic and Financial Crimes Commission (EFCC) has nabbed 193 foreigners and 599 Nigerians, in its largest single arrest of suspected cryptocurrency and romance scam fraudsters, in Lagos. The newspaper says there is confusion at the Code of Conduct Tribunal (CCT) with Danladi Umar, embattled chairman, and Mainasara Kogo, the newly appointed chairman, laying claim to the position. Nigerian Tribune reports that Wale Edun, minister of finance, said the N13 trillion deficit in the 2025 budget proposal will be financed through borrowing. The newspaper says the federation account allocation committee (FAAC) shared N12.918 trillion to the federal government, states and LGAs in 11 months. The Guardian reports that Nigerians are still waiting for the implementation of the food import duty waiver amid spiralling food inflation. The newspaper says Christopher Musa, the chief of defence staff (CDS), has ordered an investigation into the alleged death of two Okuama community leaders in army custody
BUDGET FRAUD ECONOMY POLITICS SECURITY
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JUST IN: President Tinubu’s 2025 budget presentation postponed to December 18A Trusted Nigerian Newspaper
Read more »
Tinubu postpones N47.9trn 2025 budget presentation to WednesdayPresident Bola Tinubu postponed the presentation of the N47.9 trillion 2025 budget to the national assembly from Tuesday to Wednesday.
Read more »
Tinubu postpones 2025 budget presentation to WednesdayPresident Bola Tinubu postponed the presentation of the N47.9 trillion 2025 budget to the national assembly from Tuesday to Wednesday.
Read more »
2025: Pray against massive Ebola spread in Lagos, Oyo, othersThe Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, on Tuesday warned Nigerians to pray against the massive spread of the Ebola Virus in some states including Lagos, Oyo, Bauchi and Benue. He made this known in a statement signed by his media aide, Osho Oluwatosin.
Read more »
Bauchi approves N70,000 minimum wage, proposes N500bn budget for 2025The Bauchi State Government has approved a new minimum wage of N70,000 for civil servants, effective November 2024. This is as the state government also proposed a N500 billion budget for the 2025 fiscal year to boost development across the state.
Read more »
Akwa Ibom: Eno approves N955bn budget estimate for 2025The Akwa Ibom State Executive Council has approved a draft budget estimate of N955 billion for the 2025 fiscal year. The Commissioner for Information, Ini Ememobong disclosed this on Wednesday in a statement after the State Executive Council meeting in Uyo, the state capital.
Read more »