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Budget: Buhari/NASS On Collision Course

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President frowns at Over N100Bn Built Into MDAs budgets
Lawmakers Move To Veto President, Vows To defend Action

By Chris RICHARDS, Abuja

President Muhammadu Buhari is set to confront both the Senate and the House of Representatives over the discovery of fresh padding of the 2016 budget by both chambers of the National Assembly to the tune of over N100 Billion, built into the estimates for extra ministerial departments.
Investigations reveal that, the President merely used the issue of missing projects in the revised budget as a ploy, whereas, the real reasons he withheld his assent to the Budget was the discovery that the document was embedded with mind boggling sums, carefully wrapped around projects to be executed by MDAs.
Sources in the Presidency confirmed to nationalTRAIL that, President Buhari was livid with anger during the budget scrutiny during last emergence meeting of the Federal executive Council, and subsequently decided not to give assent to the bill, only to jet out to China on Sunday.
Our correspondent reports that, the National Assembly, under the guise of correcting the mess that was the original budget, built in its interests, under what financial experts call ‘the envelop’, an arrangement where budgets are padded with various sums for repatriation to members after the budget is released.
President Buhari, we gathered received intelligence reports to the effect that there were bobby traps contained in the budget, and signing it could be disastrous, leading to further review of the law by members of the executive council.
During the scrutiny, the council uncovered that most of the MDAs had their estimates jerked up by the National Assembly, in the hope that Chief Executive officers of the various MDAs would later repatriate the excesses through cronies and phony projects.
Apparently angered by the Presidents refusal to sign the budget as appropriated by the assembly, and the subsequent embarrassment which the lawmakers may suffer as a result, some legislators have began moves to veto the President and subsequently evoke relevant sections of the law to compel him to implement the budget as passed by them.
Principal Officers of the National Assembly are said to be mobilising their colleagues for a possible veto of the budget if the President continues to withhold his assent, citing the sufferings of Nigerians are going through as the justification for their action,
A principal officer who does not want his name in print confirmed to us that President Buhari is courting trouble by refusing to assent to the budget, saying the National Assembly will not allow itself to be ridiculed by people around the President who fails to appreciate the complementary roles of the legislature in democratic governance.
The President anticipates the trouble that may follow his refusal to sign the budget, according to one of Buhari’s ministers who also spoke on conditions of anonymity, and has prepared himself to confront the lawmakers with the details of their own padding as discovered in the budget, if they push him too hard.
It could be recalled that the president had refused to sign the document, insisting on seen the details before appending his pen to it, and also said that he would carefully study it MDA by MDA, which was why an emergency meeting of the federal Executive Council was summoned last Friday, after the details of the budget were transmitted to him a day earlier.

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BREAKING: Senate to Engage US Lawmakers Over Alleged Christian Genocide in Nigeria

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By: Fabian Apechihin

The Nigerian Senate is set to engage with US lawmakers following renewed debate on alleged targeted attacks against Christians in the country.

The controversy intensified after American TV host Bill Maher, on his HBO program, described the situation as a “silent genocide,” accusing Western media of downplaying mass killings by Boko Haram, ISIS-West Africa, and Fulani militias. He cited claims that over 100,000 Christians have been killed since 2009 and thousands of churches destroyed.

Maher’s remarks were echoed by Republican Congresswoman Nancy Mace, who argued that the crisis had not received the international media attention it deserves.

Government Rejects Genocide Narrative
In response, Nigeria’s Minister of Information and National Orientation, Mohammed Idris, dismissed the claims as misleading and divisive. He emphasized that terrorist groups do not target Christians alone, insisting that Nigerians of all faiths—including Muslims and non-religious citizens—have suffered at the hands of violent extremists.

“Portraying Nigeria’s security challenges as a religious war is a gross misrepresentation of reality,” Idris said.

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Nigeria @ 65: The Worst Is Over, We’ve Turned a New Corner — Tinubu

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By: Fabian Apechihin

President Bola Ahmed Tinubu, in his Independence Day broadcast marking Nigeria’s 65th anniversary, assured citizens that the country has overcome its toughest challenges and is on the path to recovery.

Honouring the Founding Fathers

Tinubu paid tribute to the sacrifices of Nigeria’s independence leaders, including Herbert Macaulay, Nnamdi Azikiwe, Tafawa Balewa, Obafemi Awolowo, Ahmadu Bello, Margaret Ekpo, Anthony Enahoro, Michael Okpara, Aminu Kano, and Funmilayo Ransome-Kuti.
“They believed it was Nigeria’s manifest destiny to lead the black race as the largest black nation on earth,” he said.

Journey So Far

Reflecting on six decades of nationhood, the President noted that Nigeria had endured a civil war, military dictatorships, and political crises but survived with “courage and grit.”
“At Independence, Nigeria had only 120 secondary schools and two tertiary institutions. Today, we have over 23,000 secondary schools, 274 universities, 183 polytechnics, and 236 colleges of education,” he said, adding that the country had made “remarkable progress” in healthcare, telecommunications, aviation, and infrastructure.

Tough Reforms, Signs of Recovery

Tinubu said he inherited a fragile economy distorted by decades of poor policies but chose reform over inaction.
“Our administration ended the corrupt fuel subsidy regime and abolished multiple foreign exchange rates that enriched a few while impoverishing the majority,” he stated.
According to him, the measures are yielding results:

  • GDP grew by 4.23% in Q2 2025, the fastest in four years.
  • Inflation fell to 20.12% in August, the lowest in three years.
  • ₦20 trillion was realised from non-oil revenue by August.
  • Debt service-to-revenue ratio dropped from 97% to below 50%.
  • Foreign reserves climbed to $42.03 billion, the highest since 2019.
  • Oil output rebounded to 1.68 million barrels per day, while Nigeria refined petrol domestically for the first time in four decades.
  • The stock market surged from 55,000 points in May 2023 to 142,000 points by September 2025.

“The worst is over. Yesterday’s pains are giving way to today’s relief,” the President declared.

Tackling Insecurity

Tinubu said security agencies were making gains against insurgency, separatism, and banditry.
“Hundreds of communities have been liberated, with thousands of displaced persons returning home. We salute the gallantry of our armed forces,” he said.

Investing in Youth

Describing young people as Nigeria’s “greatest asset,” Tinubu highlighted ongoing programmes:

  • NELFUND Student Loans: ₦99.5bn disbursed to 510,000 students.
  • Credicorp Loans: ₦30bn given to 153,000 Nigerians for solar, housing, transport, and digital devices.
  • YouthCred: Credit support extended to NYSC members.
  • iDICE Programme: Partnership with AfDB, AFD, and IsDB to boost innovation in digital and creative sectors.

Call for Collective Effort

Acknowledging that reforms have caused temporary hardship, Tinubu urged Nigerians to remain steadfast.
“Our progress must not be measured by statistics alone, but by food on our tables, quality of education, electricity in our homes, and safety in our communities,” he said.

He called on citizens to embrace productivity, pay taxes, support local industries, and contribute to nation-building.
“The dawn of a new Nigeria is here — self-reliant, prosperous, and united. With God on our side, we will overcome. Let all hands be on deck,” he concluded.


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Bandit Kingpin Releases 28 Captives in Katsina Following Peace Deal

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A total of 28 persons abducted by suspected bandits in Faskari Local Government Area of Katsina State have been released without ransom following a peace arrangement with bandit kingpin.

The bandits, led by their commander identified as Isya Akwashi Garwa, handed over the captives to officials of the council on Wednesday.

Zagazola  reports that those released were largely residents of Mairua, Kanen-haki and Yar Dabaru communities.

Local authorities confirmed that the release was the outcome of a reconciliation effort initiated in the area to restore peace and reduce violent attacks.

Community leaders in Faskari described the development as a positive signal and urged both sides to sustain the peace process. They also urged the bandit to force other bandits still attacking in the area to stop.   

A council official, who spoke on condition of anonymity, said: “The captives were released this afternoon without any ransom being paid. The bandit leader fulfilled his promise under the peace talks,”he said.

Meanwhile, residents expressed relief at the safe return of the abductees, with some calling for stronger security guarantees to consolidate the gesture.

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