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December 18, 2024 President Tinubu Submits N47.9tn 2025 Budget Proposal to National Assembly

President Tinubu Submits N47.9tn 2025 Budget Proposal to National Assembly

President Bola Tinubu has presented the 2025 budget proposal of N47.9 trillion to a joint session of the National Assembly. Lawmakers from the House of Representatives and the Senate convened on Wednesday to receive the President's second budget submission since taking office.

The President was accompanied by the Secretary to the Government of the Federation, George Akume; the Chief of Staff, Femi Gbajabiamila; and other top government officials. The presentation, initially scheduled for Tuesday, was rescheduled to Wednesday following a Federal Executive Council (FEC) meeting on Monday at the Presidential Villa in Abuja. During the meeting, the FEC approved the proposed budget for the upcoming fiscal year.

The Minister of Budget and National Planning, Atiku Bagudu, highlighted key details of the 2025 budget proposal. The expenditure is projected at ₦47.96 trillion, representing a 36.8% increase compared to the 2024 budget. The 2025 Appropriation Bill is based on an oil price benchmark of $75 per barrel, daily oil production of 2.06 million barrels, and an exchange rate of ₦1,400 to the dollar.

The budget presentation underscores the administration’s commitment to addressing economic challenges and setting the country on a sustainable development path.

December 18, 2024 Soludo: Nnamdi Kanu’s Release Won’t Be a Solution for South East Insecurity

Soludo: Nnamdi Kanu’s Release Won’t Be a Solution for South East Insecurity

The Governor of Anambra State, Prof. Chukwuma Soludo, expressed doubts on Tuesday about the potential for the release of the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, to end the ongoing insecurity in the South-East region. He argued that criminals had taken over the Biafran struggle, using Kanu's name and the movement’s cause to carry out organized crime and exacerbate insecurity in the region.

Soludo pointed out that under the guise of agitation, these individuals had shifted to what he called "lucrative criminality," engaging in activities such as armed robbery, kidnapping, cultism, and idolatry. He emphasized that these actions were not part of a legitimate liberation movement but were driven by greed and lawlessness.

During a press briefing at the Governor’s Lodge in Amawbia, Soludo revealed that over 99 percent of criminals arrested in Anambra in the past two years were of Igbo descent, with more than 70 percent being non-indigenes of the state. He stated that the so-called agitators had turned into organized criminal gangs, hiding in forests and kidnapping innocent people for ransom while justifying their actions under the pretext of Biafra. Soludo insisted that these activities were unrelated to the original cause of liberation, explaining that the criminals were motivated by money, not the pursuit of freedom.

Soludo also doubted that Kanu's release would resolve the crisis, as the criminals had seemingly severed any ties to the original agitation. He pointed out that even if Kanu were released, these individuals might not follow him, as their new pursuit was wealth rather than liberation. He questioned the motives of those who kidnapped and killed their own people while claiming to fight for their freedom.

The governor further criticized the complicity of some local communities in supporting these criminals, noting that insecurity persisted because some viewed security agencies as the enemy and the criminals as liberators. He highlighted the troubling reality that in some areas, locals provided food and shelter to criminals hiding in forests. Soludo questioned how the region could effectively tackle insecurity when the perpetrators were seen as heroes by some.

To combat the situation, Soludo announced the launch of ‘Operation Udo Ga Chi’ (Operation Peace Shall Reign), a statewide security initiative set to begin after January 25. The operation would involve 163 branded vehicles for stop-and-search activities, as well as advanced surveillance technology to track criminals and secure the forests. Soludo mentioned that security efforts would include both kinetic and non-kinetic approaches, and forest guards would work with vigilantes and local government authorities to reclaim the forests from criminal elements. He also urged criminals to take advantage of the amnesty offer, which remains open until the end of February.

Soludo called for collective action in tackling the insecurity crisis, urging religious leaders, traditional rulers, and residents to take ownership of their communities and collaborate with security agencies. He emphasized that insecurity must be confronted as a united front and encouraged people to report any suspicious activity. Soludo reiterated his commitment to ensuring lasting peace and security in Anambra, expressing gratitude to the federal government and security agencies for their support in the fight against crime.

December 18, 2024 EPL: Sheringham Urges Man Utd to Sign Leader for Amorim

EPL: Sheringham Urges Man Utd to Sign Leader for Amorim

Former Manchester United striker Teddy Sheringham has identified Arsenal midfielder Declan Rice as the ideal signing for Red Devils manager Ruben Amorim. Sheringham praised Rice as a "proper player" who leads by example and stated that acquiring the England international would be a significant move for the club.

“I said a couple of years ago, Manchester United should have got Declan Rice,” Sheringham told Genting Casino. “If they went out and bought Declan Rice off Arsenal, that’d make me laugh because that’d obviously make Arsenal weaker and make United even stronger.”

Sheringham emphasized Rice’s leadership qualities, adding, “He’s a proper player who leads by example. That’s the type of player you need in your football club. When you’re making a statement about a new manager coming in and buying new players, that is the type of player you buy. Declan Rice all day.”

Declan Rice joined Arsenal in 2023 from Premier League side West Ham United. His performances and leadership at Arsenal have continued to underline his reputation as one of England’s top midfielders.

December 18, 2024 Trailer Crash Causes Gridlock on Lagos-Ibadan Expressway

Trailer Crash Causes Gridlock on Lagos-Ibadan Expressway

The Federal Road Safety Corps (FRSC), Lagos State Command, advised motorists and the public to exercise caution following a road traffic crash that occurred on the Kara Bridge, Berger, along the Ibadan-bound section of the Lagos-Ibadan Expressway.

The crash happened early Wednesday and involved a trailer carrying containers that fell, narrowing the lanes and creating significant traffic gridlock. According to a statement signed by the FRSC Lagos Sector Commander, Kehinde Hamzat, the agency urged motorists to remain calm and avoid actions that could aggravate the situation.

Some impatient drivers were reported to have worsened the situation by driving against traffic flow on the Lagos-bound side of the road, further disrupting movement in both directions. The FRSC emphasized its commitment to ensuring the safety of all road users and appealed to the public to cooperate with traffic officials and avoid actions that could exacerbate the traffic congestion.

Efforts were immediately underway to address the situation, with the FRSC working alongside the police, LASTMA, and other traffic management agencies to clear the fallen trailer and restore normal traffic flow. Hamzat stated that professionals and recovery equipment were being deployed to remove the fallen trailer and ensure traffic resumed as soon as possible.

Motorists were encouraged to explore alternative routes to avoid delays, postpone non-essential trips, and exercise patience and caution to maintain safety during the period of congestion.

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