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FG releases 8-day timetable for Tinubu/Shettima’s inauguration

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Bola Tinubu, Kashim Shettima

FG releases 8-day timetable for Tinubu/Shettima’s inauguration

The federal government has released the programmes lined up to usher in the new administration of Bola Tinubu and Kashim Shettima, as President and Vice-President respectively.

During a briefing on Thursday, Boss Mustapha, secretary to the government of the federation and the presidential transition council chairman, said the transition program, tagged “NIGERIA: Better together”, will feature 13 events spread across eight days.

“I am delighted to inform you that May 29, 2023, will mark the 7th consecutive democratic transition of power in Nigeria and on that day, we shall all be ushering in the 16th President of the Federal Republic of Nigeria.

“Gentlemen of the press, let me once again assure Nigerians and indeed the global community of President Muhammadu Buhari’s commitment to the seamless transfer of power to President-Elect, His Excellency, Bola Ahmed Tinubu as the 16th President of the Federal Republic of Nigeria.

“In a demonstration of this commitment, the president has directed all relevant government institutions to cooperate with and support the transition process through engagement with the president-elect’s team,” Mustapha said.

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The SGF said all the events will be broadcast live on all major stations and streamed on various social media platforms.

The transition council chairperson added that invited presidents, heads of governments and international organisations heads have confirmed their attendance to grace the events.

Below is the schedule of activities marking the 2023 presidential inauguration:

May 18, 2023 : World press conference by the secretary to the government of the federation at the Rotunda hall, ministry of foreign affairs, CBD, Abuja.

23rd May, 2023: 7:00 PM Regimental dinner in honour of the commander in chief at the Armed forces officers mess.

24th May, 2023: Valedictory federal executive council meeting council chambers at the Presidential Villa

25th May, 2023, 10:00 AM: Investiture of the president-elect and vice-president-elect with the national honors of grand commander of the order of the federal republic (GCFR) and grand commander of order of the Niger (GCON) respectively and handover of transition documents State House Conference Centre.

26th May, 2023, 10:00am & 1:30 pm: Public lecture and Jumaat prayer National mosque.

27th May, 2023, 10:00 AM: Inauguration lecture on the topic: Deepening democracy for integration and development by his excellency, Uhuru M. Kenyatta, former president of Kenya at the International conference centre.

27th May, 2023: Children’s day program
10:00 AM; 1- Parade at Old Parade Ground; 2:00 PM 2- Children’s Party at the State house conference centre.

28th May, 2023, 10:00 AM: Inter-denominational church service National christian centre.

28th May, 2023: 10:00 AM Inauguration Dinner/Gala Night at the State house conference centre.

29th May, 2023, 10:00 AM: Inauguration parade/swearing-in at Eagle square, CBD.

29th May, 2023, 1:30 PM: Post inauguration luncheon at the State house banquet hall

FG releases 8-day timetable for Tinubu/Shettima’s inauguration

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Yahaya Bello reports to EFCC office with lawyers

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Yahaya Bello reports to EFCC office with lawyers

 

A former Governor of Kogi State, Yahaya Bello, on Tuesday visited the Economic and Financial Crimes Commission (EFCC) to honour another invitation extended to him over alleged misappropriation of funds.

Bello went to the anti-graft office with his lawyers in the morning.

The ex-Kogi governor reportedly drove himself to the EFCC’s office in a black Toyota Hilux van with some lawyers.

He was said to have been taken by some operatives of the agency and are currently being grilled.

This is  coming after the Supreme Court judgment which dismissed a suit brought by some state governments challenging the constitutionality of the agency.

The EFCC at the last hearing on November 14, sought the adjournment till November 27 in the fresh case it instituted against Bello.

It stated that the 30-day window was still running for the summons earlier issued.

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Just in: Ebonyi governor suspends two commissioners, Perm Sec for misconduct 

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Just in: Ebonyi governor suspends two commissioners, Perm Sec for misconduct 

 

Ebonyi State Governor Francis Nwifuru has announced the immediate suspension of two commissioners with a permanent secretary among others for gross misconduct.

Those suspended are the Commissioner for Housing and Urban Development Francis Ori, and the Commissioner for Health, Moses Ekuma, with the Permanent Secretary of the Ministry of Health.

The suspension followed an incident on Saturday night, when the governor reportedly visited the Ministry of Health’s premises and was said to have found six officials diverting government materials.

Others suspended for three months are the Executive Secretaries of the State Primary Healthcare Development Agency and the Ebonyi State Health Insurance Agency

The suspension order was announced by the state Commissioner for Information, Jude Okpor, who cited alleged misconduct and dereliction of duties as the reasons for the disciplinary actions.

Okpor made the disclosure on Tuesday during a press briefing on the outcomes of the State Executive Council meeting held on Monday at the New Government House in Abakaliki, the state capital.

“Following cases of gross misconduct and dereliction of duties by some government officials and matters related thereto, the Chairman of Council directed the indefinite suspension of the Honourable Commissioner for Housing and Urban Development and three months suspension of the Honourable Commissioner for Health, respectively

“In view of the development, the Special Assistant to the Governor on Primary Health was directed to take charge of the ministry in the absence of the suspended commissioner.

Governor Nwifuru directed the suspended government officials to hand over all government properties in their possession including vehicles to the Secretary to the State Government.

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Why we’re borrowing despite surplus revenues – FG

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Nigeria’s Minister of Finance, Mr Wale Edun

Why we’re borrowing despite surplus revenues – FG

The Federal Government has defended its decision to borrow to address budget deficits, despite surpassing revenue targets in 2024.

Finance Minister Wale Edun and Budget Minister Atiku Bagudu clarified this position during a session with the National Assembly’s Joint Committee on Finance, Budget, and National Planning. The meeting focused on the 2025–2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).

Last week, the National Assembly approved President Bola Tinubu’s $2.2 billion loan request to fund the N9.7 trillion deficit in the 2024 budget partially.

During the session, key agency heads, including Nigerian National Petroleum Company Limited (NNPCL) CEO Mele Kyari, Customs Comptroller-General Bashir Adeniyi, and Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji, presented their revenue reports.

The agencies reported exceeding their 2024 targets.

  • Customs Service: Generated ₦5.352 trillion by September 30, surpassing its ₦5.09 trillion target for the year. For 2025, the agency projects ₦6.3 trillion, with a 10% increase planned for 2026.
  • NNPCL: Achieved ₦13.1 trillion in revenue, exceeding the ₦12.3 trillion projection for 2024. Kyari announced a ₦23.7 trillion revenue target for 2025.

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  • FIRS: Surpassed multiple tax collection goals, including ₦5.7 trillion from company income tax against a ₦4 trillion target. Education tax collections also exceeded expectations, reaching ₦1.5 trillion compared to a ₦70 billion target.

Overall, ₦18.5 trillion of the ₦19.4 trillion 2024 revenue target had been achieved by September, indicating the goal will be exceeded by year-end.

Despite these surpluses, the government insists borrowing remains essential to cover budget gaps and support vulnerable populations.

Bagudu explained, “Even with agencies exceeding revenue targets, borrowing is necessary to address deficits and boost productivity, particularly for the poorest. This aligns with Agenda 2050, which aims for a GDP per capita of $33,000.”

Edun also reiterated that loans were critical for adequately funding the budget.

The committee, led by Senator Sani Musa, questioned the rationale behind the borrowing and demanded further transparency. The Immigration Service was specifically asked to provide documents regarding an “unacceptable PPP arrangement” before the end of the week.

The session underscored the government’s balancing act between increased revenues and fiscal challenges requiring external borrowing.

Why we’re borrowing despite surplus revenues – FG

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