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Update: Senator Ningi’s claim regarding the 2024 budget has been labeled as false and misleading; the National Assembly has passed a N28.7 trillion budget, Says Onanuga

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Presidency has reacted to the claim made by Senator Abdul Ningi, representing Bauchi Central that President Bola Tinubu-led federal government is operating two versions of the 2024 budget.
Senator Ningi, acting under the banner of the Northern Senators’ Forum claimed during an interview with the BBC Hausa Service that the National Assembly discussed and approved a budget of N25 trillion for 2024, instead of the N28.7 Trillion that is being implemented by the federal government

In a statement issued on Sunday, March 10, the special adviser to the president on information & strategy, Bayo Onanuga, described the claim as false and misleading.

He said: “Following the false claims made by Senator Abdul Ningi, representing Bauchi Central that President Bola Ahmed Tinubu-led federal government is operating two versions of the 2024 budget, we consider it appropriate to inform Nigerians that there is no truth whatsoever in the allegation.

“Acting under the banner of the Northern Senators’ Forum, Senator Ningi, falsely claimed in an interview he granted BBC Hausa Service, that the National Assembly debated and passed N25 Trillion as the 2024 budget and not the N28.7 Trillion that is being implemented by the federal government.

“To begin with, President Tinubu on November 29, 2023 presented a budget of N27.5 Trillion to the joint session of the National Assembly made up of N9.92 Trillion recurrent expenditure, Debt Service N8.25 Trillion and Capital Expenditure of N8.7 Trillion.

“This was widely reported. He did not present a budget of N25 Trillion. Contrary to the strange view expressed by Senator Ningi, there was no way the Senate could have debated and passed a N25 Trillion budget that was not presented to the National Assembly.

“We don’t expect a ranking Senator not to pay due attention to details before making wild claims. It is also important to let Nigerians know that the budget that President Tinubu signed into law on January 1, 2024, as passed by the National Assembly was N28.7 Trillion.

“The National Assembly, in its wisdom, increased the amount proposed by the Executive by N1.2 Trillion.

“In the spirit of democracy which allows give and take, President Tinubu didn’t withhold his assent to the Appropriation Bill as passed by the National Assembly. We want to stress that if the budget figure was increased and made to be different from what the Executive proposed, it was the National Assembly that jacked it up in the exercise of its power of appropriation.”

On the uncharitable claim that the 2024 budget was anti-North, he noted, “We found such a position as canvassed by Senator Ningi as too far-fetched and unbecoming of a leader of his status.”

He said President Tinubu is leading a government that is fair and equitable to every part and segment of Nigeria. In terms of funding, distribution of capital and priority projects, the 2024 Appropriation Act was not skewed against any section of the country.

According to him, the North as an integral part of the country was well covered in all areas, from security to agriculture, healthcare to education, and other important infrastructure such as roads, rail, dams, power and irrigation projects to support all year-round agriculture.

He said: “It is concerning that a Senator of the Federal Republic of Nigeria can employ such primordial antics to fuel divisive rhetoric at a time well-meaning Nigerians are joining hands with President Tinubu to raise the spirit of national cohesion, unity and inclusive politics.

“We want to use this opportunity to commend Senator Yemi Adaramodu, Chairman Senate Committee on Media and Publicity for setting the record straight. We also commend Senators Steve Sunday Karimi (Kogi), Titus Tartenger Zam (Benue) and Kaka Sheu (Borno) for their forthrightness and for coming out against the misrepresentation of facts by Senator Ningi.”

He stated that the president is a firm believer in the rule of law and constitutional democracy, saying,“As an avowed democrat, he will not engage and indulge in any unconstitutional action or act in any manner that assaults the Constitution of Nigeria by operating any budget outside the one approved by the National Assembly, which he dutifully signed into law.

“We want to state categorically that the only 2024 budget that is being implemented is the N28.7 Trillion budget passed by the National Assembly
[ads1] and signed by the president. Included in the budget are statutory transfers to the Judiciary, National Assembly, Tetfund and others.”

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Reps Give Nod to Tinubu’s $516.33m Loan Request for Sokoto-Badagry Highway

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The House of Representatives on Tuesday approved President Bola Tinubu’s request to secure a $516.33m loan from Deutsche Bank to finance Section I of the ambitious Sokoto-Badagry Superhighway project, a key infrastructure initiative under the administration’s Renewed Hope Agenda.

The approval followed the consideration of the President’s request by the Committee of Supply during plenary presided over by Speaker Tajudeen Abbas.

In a letter read on the floor of the Green Chamber, Tinubu described the Sokoto-Badagry Superhighway as a transformative national project aimed at connecting Nigeria’s far northwest to its southwestern coastline through an approximately 1,000-kilometre dual carriageway stretching from Illela in Sokoto State to Badagry in Lagos State.

The corridor is expected to pass through Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, opening up major agricultural, commercial and industrial hubs across the country.

According to the President, the project was designed to stimulate economic growth by significantly improving the movement of goods and people across Nigeria’s northern and southern regions.

He said the highway will “improve north-south connectivity, safety and network performance on the corridor; reduce logistics costs and travel times by providing a continuous high-capacity expressway standard link to downstream markets and strengthen trade facilitation, food security and national cohesion through improved access between production zones, markets and ports.”

Tinubu further noted that the road project would “safeguard long-term intermodal flexibility by reserving the central median for future rail integration and accommodating utility corridors.”

The President explained that the funding arrangement involves a $516.33m facility from Deutsche Bank, backed by partial guarantee cover from the insurance arm of the Islamic Development Bank, while the Federal Government will provide counterpart funding of N265.54bn.

The counterpart contribution, he said, would cover land acquisition, compensation payments, and complementary infrastructure requirements.

Tinubu urged lawmakers to expedite legislative approval of the borrowing request in view of the strategic importance of the project to national development.

The Sokoto-Badagry Superhighway was conceived as one of Nigeria’s most expansive road infrastructure projects, intended to serve as an economic backbone linking the resource-rich northern corridor with major export gateways in the south.

Beyond easing transportation challenges, the superhighway is expected to boost agricultural supply chains, enhance regional trade, improve access to seaports, and attract investments in manufacturing, logistics and real estate along its route.

The project also aligns with broader government plans to modernise transport infrastructure and strengthen Nigeria’s competitiveness under the African Continental Free Trade Area framework.

Presenting the report of the House Committee on Aids, Loans and Debt Management, Abdullahi El-Rasheed, who represented the committee chairman, Abubakar Nalaraba, urged lawmakers to support the loan request, citing the project’s strategic economic value.

He said the highway would serve as a critical driver of development and improve long-term economic productivity.

Following deliberations, the House approved the borrowing request at plenary, paving the way for the commencement of the project’s first section.

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BREAKING: Faleke Obtains Tinubu’s Presidential Nomination Forms

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(L-R): Founder of Tinubu Support Group, James Faleke; APC National Organising Secretary, Suleiman Argungu; and other APC officials during the presentation of nomination and expression of interest forms to Faleke for President Bola Tinubu in Abuja on Tuesday.

The lawmaker representing Ikeja Federal Constituency, James Faleke, has picked up the All Progressives Congress Expression of Interest and Nomination forms on behalf of President Bola Tinubu ahead of the 2027 presidential election.

The APC National Organising Secretary, Suleiman Argungu, on Tuesday in Abuja, declared the process open and presented the Expression of Interest and Nomination forms to Faleke, who also serves as the founder of the Tinubu Support Groups.

Faleke’s collection and payment for the forms, valued at N100 million on behalf of the President, formally signal the commencement of Tinubu’s bid for re-election.

The Independent National Electoral Commission has scheduled the Presidential and National Assembly elections for Saturday, January 16, 2027, while governorship and State Houses of Assembly elections will hold on Saturday, February 6, 2027.

The commission also announced that party primaries, including the resolution of related disputes, will run from April 23, 2026, to May 30, 2026.

INEC further stated that campaigns for the presidential and National Assembly elections will begin on August 19, 2026, while those for governorship and state assembly elections will commence on September 9, 2026

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Gbajabiamila Endorses Hamzat, Says Lagos Is in Safe Hands

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The Chief of Staff to President Bola Ahmed Tinubu, Femi Gbajabiamila, has assured Lagos State Deputy Governor, Kadri Obafemi Hamzat, of his support in securing the All Progressives Congress (APC) governorship ticket ahead of the 2027 election.

Gbajabiamila, a former Speaker of the House of Representatives, gave the assurance on Sunday, describing Hamzat as competent and well-suited to lead Lagos State.

He stated that the state would be in safe hands under Hamzat’s leadership.

Hamzat had visited Gbajabiamila at his Surulere residence in Lagos as part of consultations with party stakeholders over his governorship ambition.

Responding, Gbajabiamila commended Hamzat’s capacity and approach, expressing confidence in his ability to govern the state effectively.

“Dr Hamzat, you are a man of honour, and it shows in your approach to consultations. But I say this publicly—you can take my support for granted because I have full confidence in your ability and capacity. My constituency, Surulere, is for you, and Lagos is for you,” he said.

In his remarks, Musiliu Obanikoro, a member of the Governor’s Advisory Council (GAC), briefed the host on the extent of consultations carried out so far.

“I can confidently inform the Chief of Staff that the level of endorsement has been overwhelming,” he said.

Other members of the delegation included the Secretary of the GAC, Alhaji Muti Are, Senator Ganiyu Olanrewaju Solomon, Hon. Bode Oyedele, Engineer Adekunle Olayinka, Dr. Hakeem Shittu, Hon. Saheed Kekereekun, Dr. Jebe, and Hon. Rasaq Ajala, among others.

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