Headline

Opinion: Buruji Kashamu (1958-2020) by Reuben Abati

Published

5 years ago

August 11, 2020

Editor

By Reuben Abati

Then let them laugh and rejoice in our man’s ill-luck.

Alive perhaps they felt no need of him, but now that he

Is dead, they will grieve their lack in the demands of war.

For foolish men do not appreciate the noble prize

they have, until it is discarded from their hands.

His death pains me and falsely pleasures them,

for him it is a pure delight. For he has gained all that

he wanted for himself and that was simply death.

Why then should they exult in overbearing mockery?

He died at the hands of god. They had no part in it.

And let Odysseus gloat at this along with them.

For Ajax is no more for them- for me his loss

Bequeaths a legacy of pain and lament.

– Teucer in Ajax by Sophocles (442 BC)

Buruji Kashamu, Nigerian politician, entrepreneur, a chieftain of the Peoples Democratic Party (PDP), and a controversial public figure, has gone the way of all mortals- one of the high-profile victims of the global scourge called COVID-19 – which has effectively turned the year 2020 into “annus horribilis”. No man is completely good, nor is any man completely bad, all mortals are archetypes of the very incompleteness of Creation itself. But if anything must be said of Buruji Kashamu whose last remains were buried in his home town of Ijebu-Igbo, Ogun State, on Sunday, August 9, it is that he was deeply loved by the common people whose aspirations he championed and who benefited greatly from his benevolence. It was not for nothing that Kashamu was known as “Alanu Mekunnu”. He was more comfortable identifying with the poor, despite his stupendous wealth. He was in his lifetime one of the most prominent Ijebus of the first quarter of the 21^st Century.

I recall that each time he entered Ijebu Ode from Lagos, motorcyclists (that is Okada riders) would form a convoy – that convoy could be as long as a durbar/calvacade of 100 motorcycles, hailing him, and they would lead him all the way from Ijebu Ode to his home town, Ijebu Igbo, about 20 minutes away. The first time I witnessed that spontaneous reaction to his presence by ordinary people trying to earn their own living, I was shocked. In the course of his public career, Kashamu had gained a reputation as a friend of the ordinary people, not just in Ijebuland, but across Yorubaland and by extension, other parts of Nigeria. He had established a group known as the Omo Ilu Foundation through which he provided support for the poor. These include(d) indigent students whose school fees he paid, the sick whose hospital bills he picked up, struggling petty traders for whom he rented shops and paid house rent. He donated vehicles to many and provided shelter. He sponsored community development projects. With the Omo Ilu Foundation, he also managed to build a vast, grassroots political network, across the South West.

The headquarters of the Foundation in Ijebu Igbo sits on acres of land, and if Buruji called a meeting of members of his grassroots network, every local government in the South West sent delegates. I saw the power of such a political network on display when in 2019, the Peoples Democratic Party (PDP) held its South West flag off campaign at Mapo Hall in Ibadan, Oyo state. There was and there is still conflict in the Ogun State branch of the People’s Democratic Party, with Buruji Kashamu at the centre of it all. In 2019, the party at the national level had refused to work with him and chose instead to collaborate with other forces within the state. The plan was to hand over the party flag to the Ladi Adebutu group whereas the Kashamu-led Engr. Bayo Dayo faction of the party was legally recognized by the Courts and was effectively in charge of the party secretariat. If the party was not so divided at the time, the PDP would perhaps have won the Gubernatorial election of 2019 in Ogun State. But Ogun PDP remains divided. On election day, fifth columnists further worked against the party.

I was talking about the Mapo Hall flag-off. Senator Kashamu ensured that his grassroots network in the entire South West was fully mobilized. By 2 am on the day of the event, his political machinery was already effectively on the ground at the venue. We left Lagos at night. When we arrived at Mapo Hall around 3 am, the only people who had secured all the strategic positions were Kashamu’s supporters. They were fully dressed in party garments, ready to receive the Abuja crowd. He had ensured that his own supporters outnumbered every other group. When the programme began, nobody was unruly. Everything went smoothly. But nobody gave out any flag. That particular item on the programme was conveniently omitted. I saw an aspect of Nigerian politics at work that day. The loyalty of Kashamu’s supporters was obvious for the discerning to see.

I saw that loyalty on display again, last Sunday. The masses trooped out en masse to honour their hero; members of the Kashamu grassroots network defied COVID-19 and ignored the circumstances of his death to pay their last respects. Earlier in the day, access to his residence was controlled. Barrel-chested security men stood at the gates to enforce guidelines. But the people soon found a way around that. They wanted to catch a glimpse of their hero. They climbed the walls of adjoining buildings and occupied every possible rooftop. Others jumped the fence into the compound. Outside, on the streets of Ijebu Igbo, the people mourned. If the people had been allowed, they would have taken charge of the very burial itself. The Governor of Ogun State, Prince Dapo Abiodun was there to commiserate with the widow, the children and other members of the family. Islamic clerics recited Quranic verses. It was as if those verses, oozing out of the loudspeakers in the compound touched a vein in the people’s hearts. People wailed and wept. I was later told one of our female foot-soldiers became hysterical with grief and kept saying “Kashamu was killed. Wicked people have done their worst. What is Corona? Corona cannot kill Baba. Is it money? Baba can buy Corona many times over.”

Buruji Kashamu was many things to many people: Baba, Chairman, Senator, Olori, Leader, Esho Jinadu, Ibu Owo Baba Sherifatu, Ekun Oko Susan… He loved the people’s adoration, and he captured their imagination for sundry reasons. He had the common touch. He had no airs. He could stop by the roadside, go into the bush and urinate and then come out. He could enter a store on the highway to buy snacks and drinks for his entourage. He once told me that he started from a humble background. He said he once worked as a ticketing officer at a motor park in Makoko, Lagos, and later at a Local Government Council. He spoke the language of the streets even better than the boys. During the campaigns, he held meetings with all manners of people. One day, a group of street boys stormed the Omo Ilu Foundation. They said they wanted to see him. The security people told him to ignore them. He disagreed. He went immediately downstairs and asked that the gates should be thrown open for them. He was a courageous man who loved challenges. He told the boys to calm down and without any introductions, he personally called out their leaders. He then proceeded to speak about his own life. He said he would like them to be like him and make something out of their lives. He gave them a lecture on drug abuse and warned them never to take drugs or they would end up badly. That encounter ended with the boys prostrating and lifting their hands in the air (Tuale Baba, Buruji, Buruii, Kashamu Kashamu, ori e wa n be!.)He gave them money and gifts and told them he was ready to support any one of them who was ready to change and be a responsible member of society.

I am not sure Senator Kashamu had exactly that same kind of connection with the Nigerian elite. He had friends who loved him passionately, but there were also many who had reservations about him. When I accepted to be his running mate, there were many members of the public and the PDP who used to call me aside to say: “You have to be careful. That man may be your friend today, but there is nobody he cannot quarrel with, and if he disagrees with you, he will fight you to finish. He doesn’t have permanent friends.” Kashamu’s public persona and politics were constructed around this and other narratives. But beneath that, you could sense that he was feared. His combination of financial power, street wisdom and his growing influence as a political force was a bit rather intimidating for his rivals. He probably didn’t help matters with the manner in which he pursued every matter as if a war was afoot. He was a tall, well-built man, robust and inescapable with his physical presence. He devoted both his physical weight and mental energy to every task. He was also brutally blunt. He didn’t know how to pull his punches. On many occasions he showed me vitriolic text messages he sent to those who offended him. If they replied, he would fire back. He feared no one. He once explained to me that he was driven by a commitment to justice. “Too many people are treacherous”, he said. “they would use you and dump you and then work against you.” He told me he would always stand for the truth. “I hate hypocrisy”, he would add.

This brought a wedge between him and many people, particularly within the political sphere. But while he would mend fences with others, there were persons he took on with all the weight at his disposal. This probably explains why he loved litigation. I was with him once and someone brought a woman to him whose son had been detained by the police and was charged to court for what looked like a minor misdemeanor. He didn’t allow the woman to finish before he called one of his lawyers, and told the woman, a complete stranger, that he would take up the matter. A lawyer was dispatched. Some assistants were told to go to the police station. Any matter related to police station or the courts brought out a special side of him. If he had not been an entrepreneur and politician, he probably would have been a lawyer or a policeman. I saw him in action explaining legal concepts and quoting precedents. No lawyer could hoodwink him. He would probably be the first to figure out the technicalities of the case. He once asked me and someone to go to a police station to report a matter. He gave a summary of the statement that should be written and I simply marveled. He had a retinue of lawyers and he knew just who to consult on a variety of matters from real property to fundamental human rights. One PDP leader once told me: “That your man. He doesn’t ever get tired of going to court. That is our real problem with him. Court. Court, every time. If you greet him and he takes offence, he will go to court.”

I found all that intriguing considering the fact that after the 2019 Gubernatorial elections, he and I had a meeting and he told me his plans for the future. He would not run for elective office again, he said. He would rather concentrate on his businesses which were beginning to suffer at home and across the West African region. He wanted to do three things: (a) build his Lottery business into a more profitable venture across West Africa, (2) re-organize and strengthen the Omo Ilu Foundation to support the grassroots, and (3) stockpile resources for the 2023 election, not for himself but to provide support for his political associates. On the third point though, he added a caveat. He said he would not support me to challenge Governor Abiodun because he cannot sponsor someone from Central to challenge an Ijebu man. “But don’t worry, all of that depends on if Dapo Abiodun does well or not, and then we can sit down and re-strategize. In politics, everything is about strategy.” I told him my plan was to keep doing journalism, see if I can publish one or two books, and that before 2023, I intend to go back to school and get one more degree. He pretended as if he didn’t hear what I said. He sent for drinks and asked if I wanted food. Then he started laughing: “Abati, you mean with all that you have read, you still want to go to school? What for? What do you want to prove? You don’t want to set up business! You want to read more books?”

He then told me the story of how a former wife of his once pushed him to do an Executive Programme at the University of Lagos. He said it was a harrowing experience. Every day in class was like a punishment. Every examination was like a death sentence! He said he used to sweat in class but he kept at it because that his wife would not allow him to drop out. He said he was relieved when the ordeal was over. “But do you know, my enemies even tried to use that against me, politically?” He was above all, a family man to the core. His young children who are below ten, will one day read about him. May Almighty Allah grant him Aljannah Firdaus. For him, the journey is ended. Let the living worry about their future…

Headline

Tinubu’s 2026 Budget Bad Omen for Nigerians – PDP

Published

10 hours ago

December 21, 2025

Eric

By Eric Elezuo

The 2026 Appropriation Bill presented by President Bola Tinubu before a joint session of the National Assembly has been rated below par, and described as a bad omen for Nigerians, by the opposition Peoples Democratic Party (PDP).

The Tanimu Turaki-led Peoples Democratic Party (PDP) said on Friday that President Bola Tinubu’s 2026 budget would add to the sufferings of Nigeria rather than giving them any renewed hope or consolidation of economic reforms.

The party noted that there would be no renewed hope in an environment where hunger, insecurity and other forms of deprivation were the lot of Nigerians.

It cited the 2025 World Bank Poverty & Equity Brief, which placed more than 30.9% of Nigerians below the international extreme poverty line.

“This shows that there is growth without prosperity for our citizens, meaning that despite GDP growth, poverty remains endemic”, the National Publicity Secretary, Comrade Ini Ememobong, stated on Friday soon after Tinubu presented the 2026 Appropriation Bill of N58.18trillion to a joint session of the Senate and the House of Representatives in Abuja.

Ememobong noted: “The budget, which is themed ‘Budget of Consolidation, Renewed Resilience and Shared Prosperity’, claims that the economy is stabilising and promises shared prosperity.

“In response, we see it rather as a budget of consolidated renewed sufferings, because what Nigerians have witnessed since the birth of this administration is nothing but unmitigated hardship on the people, while the governing class relishes in affluence.

“Nigerians have suffered greatly from many economic woes under this administration.

“President Tinubu cited a 3.98% GDP growth rate as evidence of economic stabilisation under his administration.

“However, it is well established that economic growth alone does not and cannot guarantee improved living standards for citizens.

“According to the 2025 World Bank Poverty & Equity Brief, more than 30.9% of Nigerians live below the international extreme poverty line. This shows that there is growth without prosperity for our citizens, meaning that despite GDP growth, poverty remains endemic.

“This clearly indicates that whatever economic gains exist are not reaching the majority of Nigerians.”

The PDP rejected the President’s figures on economic progress, saying rather that Nigeria has been on rever gear.

“The President stated that the economy under his watch grew by 3.98% without stating the sectors that stimulated the growth or identifying those who benefitted from it. This figure reflects the economic decline the nation has suffered under the leadership of the APC-led Federal government when compared to the growth rate of 6.87% recorded in 2013(same period under the last PDP administration), which was driven largely by non-oil sectors such as agriculture and trade.

“Today, the President celebrates a 3.98% growth rate, whereas a reality check reveals excruciating hunger, a high cost of living, and other indices of economic hardship, which Nigerians are currently facing.

“While we acknowledge the security allocation in the 2026 budget, we must remind the government and Nigerians that allocation alone is insufficient.”

The party added, “We therefore, demand effective and transparent execution to ensure that security funding translates into tangible improvements -modern equipment, adequate ammunition, improved intelligence capabilities, and better welfare for security personnel who are currently engaged in different theatres of armed conflict, where criminal non-state actors are alleged to possess superior arms compared to our security forces.

“Overall, we are deeply concerned about the unapologetic admission by the President that the execution of the 2024 capital budget had been extended to December 2025, while the 2025 budget is still in force.

“This confirms the long-standing rumours of the concurrent operation of multiple budgets.

“This cannot be described as best practice, as every budget has a defined period of operation and no two budgets should operate concurrently. The operation of different budgets at the same time undermines fiscal discipline, transparency, and accountability. These multiple budgetary regimes show yet another unprecedented negative feat by this APC Bola Tinubu-led administration.

“We hereby call for increased transparency and accountability in the administration of the finances of our country, as these have been conspicuously absent so far under this administration.

“Financial accountability and transparency are critical to public trust-building and effective public administration.”

The budget with the theme, “Budget of consolidation, Renewed Resilience and Shared Prosperity”, is N3.19trillion higher than the N54.99trillion approved for 2025.

The key aggregates of the budget are expected revenue of N34.33trillion; debt servicing of N15.52trillion; recurrent (non‑debt) expenditure of N15.25trillion; capital expenditure of N26.08trillion; a deficit of N23.85trillion representing 4.28% of GDP.

In addition, the budget will be benchmarked at $64.85 per barrel of crude oil, daily oil production of 1.8million barrels and a dollar/naira exchange.

Below is the full presentation of Tinubu’s 2026 Budget:

FULL SPEECH BY PRESIDENT BOLA AHMED TINUBU AT THE PRESENTATION OF THE 2026 NATIONAL BUDGET

“Budget of Consolidation, Renewed Resilience and Shared Prosperity”

Distinguished Senate President,
Rt. Honourable Speaker and Honourable Members of the House of Representatives,
Distinguished Senators and Honourable Members of the National Assembly,
Fellow Nigerians,,

1. I am here today to fulfil an essential constitutional obligation by presenting the 2026 Appropriation Bill to this esteemed Joint Session of the National Assembly for your consideration.

2. This budget represents a defining moment in our national journey of reform and transformation. Over the last two and a half years, my government has methodically confronted long‑standing structural weaknesses, stabilised our economy, rebuilt confidence, and laid a durable foundation for the construction of a more resilient, inclusive, and dynamic Nigeria.

3. Though necessary, the reforms have not been painless. Families and businesses have faced pressure; established systems have been disrupted; and budget execution has been tested. I acknowledge these difficulties plainly. Yet, I am here, today, to assure Nigerians that their sacrifices are not in vain. The path of reform is seldom smooth, but it is the surest route to lasting stability and shared prosperity.

4. Today, I present a Budget that consolidates our gains, strengthens our resilience, and takes this country from out of the dark tunnel of hopelessness, from survival to growth.

5. The 2026 Budget is themed: “Budget of Consolidation, Renewed Resilience and Shared Prosperity”. It reflects our determination to lock in macroeconomic stability, deepen competitiveness, and ensure that growth translates into decent jobs, rising incomes, and a better quality of life across for every Nigerian.

6. Mr. Chairman, Leaders of the National Assembly, while the global outlook continues to improve, this Budget aims to further strengthen our Nigerian economy to benefit all our citizens.

7. I am encouraged that our reform efforts are already yielding measurable results:
1) Our economy grew by 3.98 per cent in Q3 2025, up from 3.86 per cent in Q3 2024.

2) Inflation has moderated for eight consecutive months, with headline inflation declining to 14.45 per cent in November 2025, from 24.23 per cent in March 2025. With stabilising food and energy prices, tighter monetary conditions, and improving supply responses, we expect the deflationary trend to persist over the 2026 horizon, barring major supply shocks.

3) Oil production has improved, supported by enhanced security, technology deployment, and sector reforms.

4) Non‑oil revenues have expanded significantly through better tax administration.

5) Investor confidence is returning, reflected in capital inflows, renewed project financing, and stronger private‑sector participation.

6) Our external reserves rose to a 7‑year high of about US47 billion dollars as of last month, providing over 10 months of import cover and a more substantial buffer against shocks.

8. These outcomes are not accidental or lucky. They are the consequence of our difficult policy choices. Our next objective is to deepen our gains in pursuit of enduring and inclusive prosperity.

9. Mr. Chairman, Distinguished Members, our 2025 budget implementation faced the realities of transition and competing execution demands. As of Q3 2025, we recorded:
• 18.6 trillion naira in revenue — representing 61% of our target; and
• 24.66 trillion naira in expenditure — representing 60% of our target.

10. Following the extension of the 2024 capital budget execution to December 2025, a total of 2.23 trillion naira was released for the implementation of 2024 capital projects as of June 2025.

11. While fiscal challenges persisted, the government met its key obligations. However, only 3.10 trillion naira — about 17.7% of the 2025 capital budget — was released as of Q3, reflecting the emphasis on completing priority 2024 capital projects during the transition period.

12. Let me be clear: 2026 will be a year of stronger discipline in budget execution. I have issued directives to the Honourable Minister of Finance and Coordinating Minister of the Economy, the Honourable Minister of Budget and Economic Planning, the Accountant‑General of the Federation, and the Director‑General of the Budget Office of the Federation to ensure that the 2026 Budget is implemented strictly in line with the appropriated details and timelines.

13. We expect improved revenue performance through the new National Tax Acts and the ongoing reforms in the oil and gas sector — reforms designed not merely to raise revenue, but to drive transparency, efficiency, fairness, and long‑term value in our fiscal architecture.

14. I have also provided clear and direct guidance regarding Government‑Owned Enterprises. Heads of all agencies have been directed to meet their assigned revenue targets. To support this, we will deploy end‑to‑end digitisation of revenue mobilisation — standardised e‑collections, interoperable payment rails, automated reconciliation, data‑driven risk profiling, and real‑time performance dashboards — so leakages are sealed, compliance is verifiable, and remittances are prompt. These targets will form core components of performance evaluations and institutional scorecards. Nigeria can no longer afford leakages, inefficiencies, or underperformance in strategic agencies. Every institution must play its part.

15. Mr Chairman and fellow Nigerians, the 2026 Budget is guided by four clear objectives:
1) Consolidate macroeconomic stability;
2) Improve the business and investment environment;
3) Promote job‑rich growth and reduce poverty; and
4) Strengthen human capital development while protecting the vulnerable.

16. In short: we will spend with purpose, manage debt with discipline, and pursue broad-based, sustainable growth.

17. Distinguished Members, the 2026 Federal Budget is anchored on realism, prudence, and growth.

18. The key aggregates are as follows:
1) Expected total revenue is 34.33 trillion naira.
2) Projected total expenditure is 58.18 trillion naira, including 15.52 trillion naira for debt servicing.
3) Recurrent (non‑debt) expenditure is 15.25 trillion naira.
4) Capital expenditure will be 26.08 trillion.
5) The Budget deficit is expected to be 23.85 trillion naira, representing 4.28% of GDP.

19. These numbers are not mere accounting lines. They are a statement of national priorities. We remain firmly committed to fiscal sustainability, debt transparency, and value‑for‑money spending.

20. The 2026–2028 Medium‑Term Expenditure Framework and Fiscal Strategy Paper sets the parameters for this Budget. Our projections are based on:
1) a conservative crude oil benchmark of US64.85 dollars per barrel;
2) crude oil production of 1.84 million barrels per day; and
3) an average exchange rate of 1,400 naira to the US Dollar for the 2026 fiscal year.

21. We will continue to reduce waste, strengthen controls, and ensure that every naira borrowed or spent delivers measurable public value.

22. Our allocations reflect the Renewed Hope Agenda and the practical needs of Nigerians. Key sectoral provisions include:
1) Defence and security: 5.41 trillion naira
2) Infrastructure: 3.56 trillion naira
3) Education: 3.52 trillion naira
4) Health: 2.48 trillion naira

23. These priorities are interlinked. Without security, investment will not thrive. Without educated and healthy citizens, productivity will not rise. Without infrastructure, jobs and enterprises will not scale. This Budget is, therefore, designed to provide a single, coherent programme of national renewal.

A. National Security and Peacebuilding
24. National Security remains the foundation of development. The 2026 Budget strengthens support for:
• modernisation of the Armed Forces;
• intelligence‑driven policing and joint operations;
• border security and technology‑enabled surveillance; and
• community‑based peacebuilding and conflict prevention.

25. We will invest in security with clear accountability for outcomes — because security spending must deliver results. To secure our country, our priority will remain on increasing the fighting capability of our armed forces and other security agencies and boosting the effectiveness of our fighting forces with cutting-edge equipment and other hardware.

26. We will usher in a new era of criminal justice. We will show no mercy to those who commit or support acts of terrorism, banditry, kidnapping for ransom and other violent crimes.

27. Our administration is resetting the national security architecture and establishing a new national counterterrorism doctrine — a holistic redesign anchored on unified command, intelligence gathering, community stability, and counter – insurgency. This new doctrine will fundamentally change how we confront terrorism and other violent crimes.

28. Under this new architecture, any armed group or gun-wielding non-state actors operating outside state authority will be regarded as terrorists.

29. Bandits, militias, armed gangs, armed robbers, violent cults, forest-based armed groups and foreign-linked mercenaries will all be targeted. We will go after all those who perpetrate violence for political or sectarian ends, along with those who finance and facilitate their evil schemes.

B. Human Capital Development: Education and Health
30. No nation can grow beyond the quality of its people. The 2026 Budget strengthens investments in education, skills, healthcare, and social protection.

31. In education, we are expanding access to higher education through the Nigerian Education Loan Fund. Over seven hundred and eighty eight thousand students have been supported, in partnership with two hundred and twenty nine tertiary institutions nationwide.

32. In healthcare, I am pleased to highlight that investment in healthcare is 6 per cent of the total budget size, net of liabilities.

33. We also appreciate the support of international partners. Recent high‑level engagements with the Government of the United States have opened the door to over 500 million United States dollars for health interventions across Nigeria. We welcome this partnership and assure Nigerians that these resources will be deployed transparently and effectively.

C. Infrastructure and Economic Productivity
34. Across the nation, projects of all shapes and sizes are moving from vision to reality. These include transport and energy infrastructure, port modernisation, agricultural reforms, and strategic investments to unlock private capital.

35. We will take decisive steps to strengthen agricultural markets. Food security shall remain a national priority. The 2026 Budget focuses on input financing and mechanisation; irrigation and climate‑resilient agriculture; storage and processing; and agro‑value chains.

36. These measures will reduce post‑harvest losses, improve incomes for small holders, deepen agro‑industrialisation, and build a more resilient, diversified economy.
37. In 2026, the Bank of Agriculture plans to plant confidence back into our soil; mechanising through seven regional hubs, protecting harvests with fair prices and substantial reserves, providing affordable finance to millions of small holders and growing export value. Under the plan, Nigerian farmers will cultivate one million hectares, create hundreds of thousands of jobs, and prove that prosperity can rise through better use of our God given land.

D. Procurement
38. Starting in November last year, the government has embarked upon a comprehensive framework of procurement reforms. These reforms have enhanced efficiency and generated significant cost savings for the government, resulting in resulting in reduced processing times for Government contracts and better enforcement procedures directed against erring contractors and government officials.

39. Our Nigeria First Policy has been established to encourage self-sufficiency and sustainable growth within Nigeria by promoting domestic products and businesses. By mandating that all Ministries, Departments, and Agencies (MDAs) consider Nigerian-made goods and local companies as their primary option, the policy aims to support local industries, create job opportunities, and reduce dependency on imported items. This bold new approach is expected to enhance the competitiveness of Nigerian enterprises, foster innovation, and ultimately contribute to the country’s overall economic development.

40. Distinguished Members and fellow Nigerians, the most significant budget is not the one we announce. It is the one we deliver.

41. Therefore, 2026 will be guided by three practical commitments:
1) Better revenue mobilisation through efficiency, transparency, and compliance.
2) Better spending by prioritising projects that can be completed, measured, and felt by citizens.
3) Better accountability through strengthening of procurement discipline, monitoring, and reporting.

42. We will build trust by matching our words with results, and our allocations with outcomes.

43. Distinguished Members of the National Assembly, fellow Nigerians, the 2026 Budget is not a budget of promises; it is a Budget of consolidation, renewed resilience and shared prosperity. It builds on the reforms of the past two and a half years, addresses emerging challenges, and sets a clear path towards a more secure, more competitive, more equitable, and more hopeful Nigeria.

44. I commend the people of this country for their understanding and resilience. My administration remains committed to easing the burdens of the transition to a more stable and prosperous nation. We promise to make sure that the benefits of reform reach households and communities across the Federation.

45. In united purpose between the Executive and the Legislature; and with the resilience of the Nigerian people, we will deliver the full promise of the Renewed Hope Agenda.

46. It is, therefore, with great pleasure that I lay before this distinguished Joint Session of the National Assembly; the 2026 Appropriation Bill of the Federal Republic of Nigeria, titled: “Budget of Consolidation, Renewed Resilience and Shared Prosperity”. I seek your partnership in charting the nation’s fiscal course for the coming year.

47. May God bless the Federal Republic of Nigeria.

48. Thank you.

Bola Ahmed Tinubu, GCFR
President, Commander-in-Chief of The Armed Forces,
Federal Republic of Nigeria

Headline

Insecurity: Akpabio Begs Tinubu to Reinstate Police Orderlies for NASS Members

Published

1 day ago

December 20, 2025

Eric

Senate President, Godswill Akpabio, has appealed to President Bola Tinubu to reconsider the directive withdrawing police orderlies from members of the National Assembly, citing safety concerns.

Akpabio made the appeal during the presentation of the 2026 budget to a joint session of the National Assembly, by President Tinubu, warning that some lawmakers fear they might be unable to return home safely following the withdrawal.

His said: “As we direct the security agencies to withdraw policemen from critical areas, some of the National Assembly said I should let you know they may not be able to go home today.

“On that note, we plead with Mr. President for a review of the decision.”

President Tinubu, on November 23, ordered the withdrawal of police officers attached to Very Important Persons (VIPs), directing that they be redeployed to core policing duties across the country.

According to Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu issued the directive after a security meeting with Service Chiefs and the Director-General of the Department of State Services (DSS) following heightened security issues in the country.

Under the order, VIPs requiring security are to seek protection from the Nigeria Security and Civil Defence Corps, as the Federal government seeks to boost police presence in communities, particularly in remote areas grappling with insecurity.

Tinubu later reaffirmed the directive on December 10, moments before presiding over the Federal Executive Council, expressing frustration over delays in implementation.

He instructed the Minister of Interior, Olubunmi Tunji-Ojo, to work with the Inspector-General of Police (IGP), Kayode Egbetokun, and the Civil Defence Corps to immediately replace withdrawn escorts to avoid exposing individuals to danger.

“I honestly believe in what I said…It should be effected. If you have any problem because of the nature of your assignment, contact the IGP and get my clearance,” Tinubu said.

“The minister of interior should liaise IG and the Civil Defence structure to replace those police officers who are on special security duties.

“So that you don’t leave people exposed,” he said.

Headline

Defence Gulps Lion Share As Tinubu Presents N58.47trn 2026 Budget to NASS

Published

2 days ago

December 19, 2025

Eric

President Bola Tinubu has presented a budget of N58.47 trillion for the 2026 fiscal year to a joint session of the National Assembly, with capital recurrent (non‑debt) expenditure standing at N15.25 trillion.

Tinubu presented the budget on Friday, pegging the capital expenditure at N26.08 trillion and putting the crude oil benchmark at US$64.85 per barrel.

He said the expected total revenue is N34.33 trillion, projected total expenditure: N58.18 trillion, including N15.52 trillion for debt servicing. The budget is N23.85 trillion, representing 4.28% of GDP.

The budget was anchored on a crude oil production of 1.84 million barrels per day, and an exchange rate of N1,400 to the US Dollar for the 2026 fiscal year.

In terms of sectoral allocation, defence and security took the lion’s share with N 5.41 trillion, followed by infrastructure at N3.56 trillion.