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Senate kicks against multiple budgets in a fiscal year
.. tasks FIRS N35trillion revenue in 2026
.. As FG laments N30trillion shortfalls from N40trillion targeted revenue for 2025
The Senate Monday through its committee on Finance , expressed displeasure with multiple budgets implementation in a fiscal year by the federal government as experienced in 2025 .
It consequently tasked the Federal Inland Revenue Service ( FIRS) , to increase its projected revenue target for 2026 from N31trillion to N35trillion even as the federal government lamented shortfalls of N30trillion from N40trillion revenue target for 2025 .
Displeasure of Senators on multiple budgets implementations in a fiscal year , came to the fore during interactive session the Finance Committee , Chaired by Senator Sani Musa ( Niger East), had with leading Managers of the Nation’s economy on the 2026 – 2028 Medium Term Expenditure Framework ( MTEF) and Fiscal Strategy Paoer ( FSP) .
The Minister of Finance and Coordinating Minister of the Economy , Wale Edun , had in his contextual explanations on projections for 2026 budget and implementation of the 2024 and 2025 budgets , informed the committee that while revenues for 2024 budget have been met, that of 2025 have not been met .
” Funding for the capital components of the 2024 budget have been met through realization of the total projection of N26trillion revenue but that of 2025 have not been met .
” Out of projected N40trillion revenue for 2025 fiscal year , only N10trillion have been realized, leaving a shortfall of N30trillion and consequently , making the federal government roll over 70% of capital projects captured in 2025 fiscal year to 2026 “, he said .
Worried by the submission , some members of the committee like Senators Danjuma Goje ( Gombe Central ) , Olalere Oyewumi ( Osun West) , Victor Umeh ( Anambra Central ) , Aminu Iya Abbas ( Adamawa Central ) etc , expressed displeasure with multiple budget implementations in a fiscal year .
Specifically , Senator Goje in his remarks said the practice of implementing multiple budgets in a single year is unacceptable to Nigerians .
” This ugly situation we found ourselves on multiple budget implementations should please end by this year . It is not acceptable. Things must be normalized from next year “, he said .
Senator Oyelere in his comment told the Minister that since budgetary proposals were not given to the government by the governed , government should please present realizable proposals to avoid non – implementations which usually dove tailed into multiple implementations in subsequent years .
Senator Victor Umeh and Ireti Kingibe in their remarks , wondered why the federal government did not fill the missing gaps in revenue targets , with borrowings approved for it from time to time by the Senate and by extension, the National Assembly .
Senator Sani Musa in his capacity as Chairman, however came to the rescue of the Minister by assuring his colleagues and by extension, Nigerians that the required normalization in budget projections and implementation shall be done from 2026 .
He added that 3 – man ad – hoc committee shall be set up by the committee to laise with the Minister and the Accountant – General of the Federation on payment of local contractors for projects executed in 2024 before expiration of the budget on 31st of this month.
For FIRS , Senator Sani Musa tasked its Chairman, Zacch Adedeji , to work towards realizing N35trillion as target revenue for 2026 fiscal year and not the earlier projected N31trillion mentioned by the Chairman.
The FIRS boss had in making the projection said the agency under him, realized N20.2trillion revenue in 2024 and N25.2trillion in 2025 .
He however said that the huge revenue being realized by FIRS and other agencies like Customs , are being swallowed and made insufficient by multiple budget implementations in a fiscal year.
The Minister of Budget and Economic Planning , Senator Atiku Bagudu and Minister of State ( Petroleum ) , Senator Heineken Lokpobiri in their submissions , defended the parameters set for the N54. 4trillion 2026 budget .
The parameters are 1.84million oil production per day , $64.85 oil price benchmark , N1, 512.00 to 1USD as exchange rate etc .
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Kwara: Ifelodun Travellers Transport System Revived
- As Council Signs MoU With P&A Contract Ltd
Stephen Olufemi Oni, Ilorin
The Ifelodun local Government, under the leadership of Hadji Abdulrasheed Femi Yusuf, has signed a Memorandum of Understanding (MoU) with P & A Contract Limited for the construction of a modern motor park in Amoyo, as the Council moves to revive the Ifelodun Travellers transport system and improve transportation within the Local Government.
Speaking during the MoU signing ceremony at the Council s Contact Office in Amoyo, the Chairman explained that the decision to construct the motor park was driven by the need for Ifelodun Local Government to establish its own transport identity, intended to ease people’s transportation problem.
He recalled that residents travelling to and from Ifelodun had, over the years, relied on transport facilities at Offa Garage and Maraba in Ilorin, stressing the need to create a dedicated transport hub that would serve the people of the Local Government.
“At some point in the history of Ifelodun Local Government, we had Ifelodun Travellers, which does not exist anymore. I don’t think there is anything wrong with bringing that identity back to the limelight. Now, we want to add value to that identity,” the Chairman said.
He added that the Council was also working with relevant stakeholders to bring in 10 units of Korope buses, which would commence operations as soon as possible.
“We are working with the NURTW, Kwara State Chapter, for guidance and to ensure that the operation runs smoothly,” he added.
The Supervisory Councillor for Works and Infrastructure Development, Mrs. Kolo Rebecca, explained that the proposed park would feature several amenities, including a garage, warehouse, 100-unit shopping complex, parking spaces and general toilets.
She said the facilities were designed to boost economic activities, improve the image of the Local Government and provide a more convenient transportation system for residents.
According to her, the initiative is also in line with the efforts of the Kwara State Governor, Mallam AbdulRahman AbdulRazaq, to take governance and development directly to the grassroots.
The contractor, Mallam Jimoh Toheeb Abolore, assured the Local Government of the prompt execution of the project, promising that the construction would meet the required standards and contribute positively to the image and development of Ifelodun Local Government.
Those in attendance included the Vice Chairman, Hon. Nike Ajibola; Secretary to the Local Government, Dr. Kamil Akorede; DPM, Mallam Ayinde Salman; LGT, Mallam Usman Waheed; Chief of Staff to the Chairman, Chief Ademola Zubair; Head of Works, Engr. Awodi Muhammad; Land officer, Tola Kadir and other Special Assistants.
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Lawyer Demands Release of Detained Kano Blogger, Maryam Shehu
By Hassan Agboola
A lawyer and human rights activist, Hamza Nuhu Dantani, has called for the immediate release of Kano-based blogger, Maryam Shehu, who he said has been in the custody of the Economic and Financial Crimes Commission (EFCC) for almost 30 days.
Dantani, in a statement on Monday, said the prolonged detention of Shehu was becoming difficult to reconcile with the rule of law and provisions of the 1999 Constitution, particularly her fundamental right to personal liberty.
He questioned why Shehu should remain in detention for nearly 30 days, particularly over an offence he described as ordinarily bailable.
“How on earth can a person be detained for almost 30 days and counting, particularly in relation to an offence that is ordinarily bailable, without meaningful consideration of her liberty and constitutional rights?” he asked.
Dantani said the EFCC’s powers to investigate did not give the commission the right to detain a suspect indefinitely, punish her before trial or disregard her fundamental rights.
He also criticised the alleged practice of photographing persons in EFCC custody and publishing their images online while they remain presumed innocent.
Citing Section 36(5) of the Constitution, Dantani said the law guarantees the presumption of innocence until a suspect is proven guilty by a competent court.
He warned that publicly portraying suspects as criminals before trial could amount to subjecting them to public punishment and humiliation.
“The EFCC is a law-enforcement institution. It must therefore be the first institution to demonstrate obedience to law. It cannot demand respect for law from citizens while appearing to disregard constitutional safeguards itself,” he said.
Dantani urged the commission to either charge Shehu before a competent court if it has credible evidence against her or release her immediately
.
“We call on EFCC to respect the Constitution, respect presumption of innocence and respect fundamental right to personal liberty. Investigation is not conviction. Detention is not punishment. And an allegation is not guilt,” he said.
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Cristiano Ronaldo’s Comment on Lionel Messi’s Tribute to His Dad Becomes Most-Liked Instagram Comment
By Fabian Apechihin
Cristiano Ronaldo’s heartfelt message to Lionel Messi following the death of his father, Jorge Messi, has reportedly become the most-liked comment in Instagram history.
Jorge Messi died on August 7 in Rosario, Argentina, aged 68. Five days later, Messi paid tribute to his late father in an emotional Instagram post featuring a photo of the pair.
In the post, Messi wrote, “Te amo, pa” — meaning “I love you, Dad” — alongside a lengthy tribute reflecting on his father’s influence and the pain of losing him.
Among the many reactions from fans, celebrities and fellow footballers was a message from Ronaldo.
“Un abrazo enorme para ti y los tuyos en estos duros momentos, Leo. Mucha fuerza,” Ronaldo wrote, which translates to: “A huge hug to you and yours in these tough times, Leo. Much strength.”
Ronaldo’s comment reportedly attracted more than 6.86 million likes and over 86,000 comments, making it the most-liked comment on Instagram.
The previous record was also held by Ronaldo, whose comment on Kylian Mbappé’s announcement of his move to Real Madrid reportedly received more than five million likes.
Other football stars also expressed their condolences to Messi. Neymar Jr.’s message, translated as “Much strength for you and your family. Big hug,” reportedly received more than 1.6 million likes, while David Beckham’s comment expressing support for Messi and his family attracted more than 300,000 likes.
In his tribute, Messi described his father’s death as difficult to comprehend, saying he struggled to accept that he would no longer see or speak with him.
Messi also recalled how his father had encouraged him to play at the 2026 World Cup despite his deteriorating health. He said his father had hoped to watch him compete and had planned to travel if his condition improved.
According to Messi, he had promised his father that Argentina would reach the final so he could be there. Although Argentina reached the final, his father was unable to attend.
Reflecting on the loss, Messi said he had wanted to win the tournament and bring the trophy to his father but ultimately struggled physically during the competition.
The emotional tribute highlighted the close bond between Messi and his father and the profound impact of his loss on the football superstar.
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