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Don’t pass Tinubu’s 2025 budget, it’ll worsen economy, PDP tells NASS
Don’t pass Tinubu’s 2025 budget, it’ll worsen economy, PDP tells NASS
The Peoples Democratic Party (PDP) has reacted to President Bola Tinubu’s 2025 budget proposal presented to the joint session of the National Assembly on Wednesday.
It described that details of the N47.9 trillion appropriation bill as “hopeless” and “anti-people” and urged the federal lawmakers not to passed it.
In a statement, the party’s National Publicity Secretary, Debo Ologunagba, expressed concerns that the budget will lead to increased insecurity, poverty, and hopelessness in Nigeria.
The PDP asserts that the budget fails to provide meaningful investments in critical sectors such as agriculture, electricity, petroleum and gas, and Small and Medium Scale Enterprises.
President Tinubu’s claims of an 85% performance rate for the 2024 budget and improved economic growth under his administration have been dismissed as “bogus” and “ludicrous”.
The party notes that the President failed to disclose the Capital and Recurrent profiles of the 2025 budget, raising concerns about transparency in government spending.
According to the PDP, the proposed budget will lead to increased taxes, further depreciation of the Naira, worsened unemployment and inflation rates, and push millions more Nigerians into poverty.
The PDP, therefore, called on the National Assembly not to pass the 2025 budget as presented but to activate its legislative powers to rejig the budget and make provisions that are critical and pivotal to the growth of the economy and the welfare of Nigerians.
The statement read: The @OfficialPDPNig describes the N47.9 trillion 2025 federal budget estimates as presented by President @officialABAT to the @nassnigeria today as anti-people, which if implemented as presented will plunge the nation deeper into the abyss of insecurity, poverty and hopelessness.
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“The party asserts that the budget as presented further confirms the insensitivity of the Tinubu-led @OfficialAPCNg administration towards the plight of Nigerians as it made no meaningful provisions and investments for critical productive sectors of agriculture and food production, electricity, petroleum and gas, Small and Medium Scale Enterprises, which are the real drivers of the national economy.
The PDP states that the budget address sounded more like a campaign rhetoric laced with unsubstantiated economic statistics, false promises and conjured performance claims without clear-cut operable steps and mechanisms to address insecurity, resuscitate the economy, revamp ailing industries, shore up food production, increase the value of the Naira, reduce overall cost of living, create jobs for our youths and guarantee better living standard for citizens.
President Tinubu dashed the hope of millions of suffering Nigerians who expected him to use the 2025 budget to make strategic provisions that will lead to the reduction in the cost of fuel, food items, electricity tariff and other essential goods and services that have direct bearing on the wellbeing of the people
The PDP is dismayed that instead, the budget speech was an assault on the sensibility of Nigerians when Mr. President claimed that the 2024 budget recorded a bogus 85% performance without a breakdown of the component between recurrent and capital expenditure.
Further distressing is President Tinubu’s claim that the economy improved under his watch even in the face of acute poverty, excruciating hardship, comatose infrastructure, collapsed productive sectors, deteriorating value of the Naira, alarming 34.6% inflation and 40% unemployment rates in the last 18 months as validated by official figures.
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Equally ludicrous is Mr. President’s voodoo economy claim that the 2025 budget will reduce the current inflation rate from 34.6% to 15% and improve the value of the Naira from approximately N1,700 to the Dollar to N1,500 without any indices for tangible investment in the productive sector and in the face of a staggering N134.3 trillion ($91.3 billion) debt accumulated under the APC watch.
The PDP invites Nigerians to note that the President in his speech failed to disclose the Capital and Recurrent profiles of the 2025 budget. This has heightened public apprehension on the issue of full disclosure and transparency in government spending under the current administration.
Given the crippled national productive sector, it is clear that with the N47.9 trillion expenditure including N15.8 trillion provision for Debt Services, the projected N34.8 trillion revenue with N13 trillion deficit will be financed by excruciating taxes and levies on already impoverished citizens and companies operating in the country.
The 2025 budget as proposed will shrink our national business environment, further cripple the productive sector, discourage domestic and foreign investors, lead to further depreciation of the Naira, worsen unemployment and inflation rate and push million more Nigerians into abject poverty and invariably heighten insecurity.
The PDP therefore calls on the National Assembly not to pass the 2025 budget as presented but activate its legislative powers as guaranteed under Sections 80, 81 and 82 of the 1999 Constitution to rejig the budget and make provisions that are critical and pivotal to the growth of the economy and the welfare of Nigerians.
Don’t pass Tinubu’s 2025 budget, it’ll worsen economy, PDP tells NASS
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UPDATED: Gbajabiamila gives Adeniyi 72 hours to retract allegations or face ₦10bn defamation suit
UPDATED: Gbajabiamila gives Adeniyi 72 hours to retract allegations or face ₦10bn defamation suit
The Chief of Staff to the President, Rt. Hon. Femi Gbajabiamila, has issued a 72-hour ultimatum to Prince Adeniyi Adeyemi Matthew, demanding the immediate retraction of what he described as false and defamatory allegations made against him during a press conference held on June 25, 2026, or face both civil and criminal legal proceedings.
The ultimatum was conveyed through Gbajabiamila’s legal counsel, Pinheiro LP, in a cease-and-desist letter dated July 6, 2026, and signed by Senior Advocate of Nigeria (SAN) Kemi Pinheiro.
According to the letter, the allegations made by Prince Adeniyi were “false, malicious, reckless and entirely without factual foundation,” and have caused serious damage to the reputation of the President’s Chief of Staff.
The legal notice followed a widely circulated press conference in which Prince Adeniyi levelled several allegations against Gbajabiamila, including claims that the Chief of Staff demanded 48 per cent of the take-off grant for the alleged Presidential Foreign Intervention Promotion Council (PFIPC), received ₦400 million through proxies in connection with appointments, abused his office to intimidate individuals and media organisations, manipulated security agencies, engaged in budget fraud, corruption and abuse of office, and participated in a criminal cover-up, including allegations of murder.
Gbajabiamila’s lawyers rejected the allegations in their entirety, insisting that the Chief of Staff has never met, spoken with or had any personal or official relationship with Prince Adeniyi.
According to the law firm, the allegations amount to grave accusations of criminal conduct made without any credible evidence or lawful justification.
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The solicitors argued that the publication had exposed Gbajabiamila to public ridicule, damaged his reputation both within and outside Nigeria, and undermined public confidence in his office.
“Our client has never at any time met, interacted with, communicated with, or had any form of personal or official dealing whatsoever with you,” the letter stated.
“It is therefore reckless, malicious and entirely baseless to fabricate allegations against someone with whom you have had absolutely no relationship.”
The law firm further argued that the allegations extended beyond legitimate political criticism or fair comment, describing them as deliberate attempts to portray the Chief of Staff as corrupt, dishonest, criminally culpable and unfit for public office.
According to the solicitors, the allegations have generated widespread public attention following their circulation across print, electronic and social media platforms.
The lawyers also drew attention to the ongoing criminal case involving Prince Adeniyi before the Federal High Court, Abuja, identified as Charge No. FHC/ABJ/CR/652/2026, FRN v. Prince Adeniyi Adeyemi Matthew & Ors, in which he is facing charges relating to the alleged forgery of presidential appointment letters and other official documents.
They noted that several issues raised during the June 25 press conference are already the subject of judicial proceedings and criticised Prince Adeniyi for allegedly attempting to litigate the matter through the media instead of allowing the court process to take its course.
“Trial by media remains unknown to Nigerian law and cannot substitute for due process,” the solicitors stated.
As part of the legal demand, Gbajabiamila is requesting that Prince Adeniyi immediately cease making or publishing any further defamatory statements concerning him.
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He is also demanding the removal of all videos, transcripts, publications and other materials relating to the press conference from every platform under Prince Adeniyi’s control.
In addition, the Chief of Staff is insisting on the publication of a full, unequivocal and unreserved apology and retraction in at least five national newspapers, as well as on all digital platforms where the allegations were published.
The lawyers further demanded a written undertaking that Prince Adeniyi would refrain from making any further defamatory statements against their client.
The legal team warned that failure to comply with the demands within 72 hours would result in both civil and criminal proceedings.
According to the letter, the proposed civil action will seek ₦10 billion in aggravated and exemplary damages, with any compensation awarded to be donated to charities chosen by Gbajabiamila.
The suit will also seek a perpetual injunction restraining further publication of the allegations and a mandatory court order compelling Prince Adeniyi to publish a retraction and apology.
In addition, the lawyers disclosed that a criminal complaint alleging criminal defamation under the applicable laws of the Federal Capital Territory (FCT) would be filed.
The legal notice comes amid growing controversy surrounding the purported Presidential Foreign Intervention Promotion Council (PFIPC).
During his June 25 press conference, Prince Adeniyi called on President Bola Ahmed Tinubu to establish an independent investigative panel to examine issues surrounding the alleged agency following a disclaimer issued by the Office of the Chief of Staff.
He maintained that the controversy raises broader concerns about governance, transparency and accountability.
Among other claims, Prince Adeniyi questioned references to the alleged agency in the 2026 Appropriation Act, queried whether it operated bank accounts with the Central Bank of Nigeria (CBN), and asked whether it was allocated office space within the Federal Secretariat.
He argued that these issues deserved an independent investigation and urged any investigative panel to include civil society organisations and international observers to ensure credibility.
Prince Adeniyi also alleged that disagreements between him and Gbajabiamila arose from an alleged demand for a percentage of the agency’s take-off grant and claimed that proxy payments amounting to ₦400 million had been made in connection with the matter.
However, no documentary evidence supporting those allegations was presented during the press conference.
He further called for investigations into the death of an intermediary he identified as Babatunde Tanimola, alleged assassination attempts against him, and a forensic examination of documents he claimed were signed by the Chief of Staff.
The dispute has taken on added significance following the Presidency’s recent directive to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the activities of the purported PFIPC, including allegations of forged government documents, impersonation, abuse of official identity and other related offences.
As of the time of filing this report, Prince Adeniyi had not publicly responded to the cease-and-desist letter issued by Gbajabiamila’s legal team.
UPDATED: Gbajabiamila gives Adeniyi 72 hours to retract allegations or face ₦10bn defamation suit
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BREAKING: Tinubu orders ICPC to probe alleged PFIPC fraud, submit report in 30 days
BREAKING: Tinubu orders ICPC to probe alleged PFIPC fraud, submit report in 30 days
President Bola Ahmed Tinubu has directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to launch a comprehensive investigation into the activities of the purported Presidential Foreign Intervention Promotion Council (PFIPC), ordering the anti-graft agency to conclude its probe and submit a report within 30 days.
The directive, announced on Tuesday in a statement signed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, followed what the Presidency described as the discovery that the PFIPC was never legally established by the Federal Government of Nigeria.
According to the Presidency, investigations revealed that the organisation has “no basis in any law, presidential instrument, executive approval or any other lawful act of government,” raising serious concerns over alleged impersonation, forgery and abuse of official government identity.
The statement alleged that one Adeniyi Adeyemi Matthew falsely presented himself as the Director-General of the organisation and claimed to be a presidential appointee despite lacking any legal authority to hold such a position.
As part of the investigation, President Tinubu directed the ICPC to examine allegations bordering on the forgery of appointment letters and other official government documents allegedly used to portray the organisation as a legitimate federal institution.
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The Commission is also expected to investigate claims that the alleged false presidential appointment was used to obtain official recognition, diplomatic support and visa facilitation from government institutions and foreign missions.
In addition, the anti-corruption agency will probe the opening and operation of multiple bank accounts in the names of purported government agencies using allegedly forged documents.
According to the Presidency, the investigation will go beyond document forgery to uncover the full scope of the alleged operation.
The ICPC has been mandated to determine the origin and use of the alleged forged official documents, establish how official recognition or diplomatic support may have been obtained, trace the opening and operation of bank accounts linked to the organisation, and investigate the source and movement of any funds connected to the alleged scheme.
The Commission is also expected to identify the roles played by any public officials, private individuals, financial institutions, intermediaries or other entities that may have facilitated, enabled or participated in the alleged activities.
President Tinubu further directed investigators to examine the circumstances that allowed the purported organisation and the alleged false claim of presidential appointment to appear credible to members of the public and government institutions.
The Presidency said the investigation should identify institutional loopholes or procedural weaknesses that may have been exploited and recommend reforms to prevent similar incidents in the future.
To ensure a thorough investigation, all ministries, departments and agencies (MDAs) of the Federal Government have been instructed to cooperate fully with the ICPC by providing all relevant records, documents and other information whenever lawfully requested.
President Tinubu stressed that protecting the credibility and integrity of the Presidency and other government institutions remains a top priority.
“The integrity of the Presidency and the institutions of the Federal Government must be protected against impersonation, forgery, abuse of official identity and the exploitation of weaknesses in the public service,” the President said.
He also directed that all persons found culpable after the investigation should be dealt with strictly in accordance with the law.
The directive comes amid heightened scrutiny over the alleged activities of the purported organisation and signals the administration’s determination to safeguard government institutions from fraudulent representations and abuse of public trust.
The ICPC is expected to submit its findings to the Presidency within the stipulated 30-day period, after which appropriate administrative, civil or criminal actions may be taken against anyone found to have violated the law.
BREAKING: Tinubu orders ICPC to probe alleged PFIPC fraud, submit report in 30 days
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ICPC arrests El-Rufai’s doctor over alleged false statements, court order breach
ICPC arrests El-Rufai’s doctor over alleged false statements, court order breach
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested Professor Bello Abubakar, the personal physician to former Kaduna State Governor Nasir El-Rufai, over allegations of making false statements and facilitating what the anti-graft agency described as a violation of a court-approved medical visit.
The Commission disclosed that Professor Abubakar was taken into custody on Tuesday following a visit to the National Hospital, Abuja, which it said was approved solely for El-Rufai to receive medical attention while in ICPC custody.
According to a statement issued by the Commission’s spokesperson, John Odey, the ICPC granted El-Rufai’s request for medical consultation in compliance with an order of the Kaduna State High Court and in line with its statutory obligation to protect the rights, dignity and welfare of persons in its custody.
The anti-graft agency explained that the Kaduna State High Court had fixed July 6, 7 and 8, 2026, for the accelerated hearing of criminal charges pending against the former governor.
However, on the first day of hearing, El-Rufai did not appear in court. According to the prosecution, when ICPC officers arrived to escort him to the courtroom, he declined to leave, insisting that he wanted to consult his personal physician.
The Commission further claimed that no prior request had been made for the medical consultation. It also alleged that when questioned by the Commission’s medical doctor, El-Rufai reportedly said he had no immediate medical complaints but stated that his wife, Asia El-Rufai, who is also one of his legal counsel, requested that he see Professor Abubakar.
Following arguments by both parties, the court adjourned further proceedings until July 15, 2026, to hear El-Rufai’s application seeking the trial judge’s recusal and to await the decision of the Kaduna State Chief Judge on a pending petition requesting that the case be transferred to another judge.
Despite the adjournment, the ICPC said it facilitated the former governor’s visit to the private wing of the National Hospital under strict security arrangements.
According to the Commission, its medical and security personnel remained outside the consultation room at the request of El-Rufai’s family while he was purportedly being examined by his attending physician.
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However, the anti-graft agency said the visit took an unexpected turn after photographs allegedly showing El-Rufai meeting with political associates surfaced on social media.
The ICPC said one of El-Rufai’s political associates, Isa Ashiru Kudan, posted photographs on Facebook at about 2:00 p.m., claiming they had just concluded a meeting with the former governor.
According to the Commission, the photographs showed El-Rufai alongside Professor Abubakar, Isa Ashiru Kudan and three other individuals inside the hospital at a time when the visit was expected to be strictly for medical consultation.
The Commission alleged that the meeting exceeded the scope of the court-approved hospital visit and constituted a violation of the court’s order.
“The images and post indicated that the arranged medical visit was utilised for activities outside the scope contemplated by the court and the ICPC. This is a clear violation of the court order,” the statement said.
The ICPC further stated that it had exercised patience, professionalism and courtesy in handling El-Rufai and other suspects in its custody but alleged that such courtesies had been abused.
It added that it would formally draw what it described as El-Rufai’s “flagrant disobedience of court orders” to the attention of the court.
The Commission also announced the arrest of Professor Abubakar, alleging that he made false statements during the course of the hospital visit. It said the physician remains in custody while investigations continue.
“The professional and humane nature of the ICPC should not be taken for granted,” the Commission said, adding that it would not tolerate the abuse of its goodwill by any individual or group.
The latest development marks another twist in the ongoing legal proceedings involving the former Kaduna governor. As of the time of filing this report, Nasir El-Rufai, Professor Bello Abubakar, and their legal representatives had not publicly responded to the allegations made by the ICPC.
It remains unclear whether the Commission will file additional charges arising from the alleged breach of the court-approved medical visit. The case is expected to return to the Kaduna State High Court on July 15, when the court will consider the pending applications and determine the next stage of the trial.
ICPC arrests El-Rufai’s doctor over alleged false statements, court order breach
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