Politics
Senate Approves 2020-2022 MTEF,FSP …Raises FG’s Expenditure Estimates
The Senate yesterday, approved the 2020 to 2022 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper(FSP).
The approval, followed the adoption of a 16-point recommendations by the National Assembly Joint Committee Finance and National Planning which considered the MTEF and FSP documents.
Part of the recommendations approved by senate was to increase the Federal Government’s total expenditure estimates in the MTEF/FSP from N10.002 trillion to N10,729.4 trillion.
This amounts to an increase of additional N729 billion.
The joint committee had conducted a public hearing on the MTEF and FSP on October 2.
The committee had engaged revenue generating agencies in the country on the contents of the MTEF and FSP forwarded by President Muhammadu Buhari for consideration.
Following, debates by over 20 senators on the recommendations, senate adopted the 57dollars per barrel as crude oil benchmark price for the fiscal year 2020.
It also approved the retaining of N305 to one dollar to ensure economic stability.
It also adopted 2.18mbpd as daily crude oil production output in 2020.
It noted that the 2.18mbpd approved would be realised, given concerted effort by Nigerian National Petroleum Corporation (NNPC) and security agencies to combat oil theft and vandalism.
It also recommended an increase in the revenue target of Nigeria Customs Service(NCS) from N942.6 billion to N1.5 trillion,given the performance of the NCS in the last nine months.
It further recommended that N557.4 billion from the revenue increment of NCS be used to reduce borrowing by N200 billion and increase capital expenditure.
This,it said would help decrease the size of the budget deficit from N1.7 trillion to N1.5trillion and also increase capital available to MDAs by N357 billion from N1.01trillion to N1.367 trillion.
It recommended the adoption of N1.5trillion as the amount for new borrowing,adding that the borrowing must be tied to critical projects to increase productivity.
It also recommended the earmarking of 1 per cent of the consolidated revenue to finance basic health care.
It recommended that proper investigation be carried out on the electronic collection of stamp duties domiciled with the Central Bank of Nigeria(CBN)to ensue accountability and increase revenue base.
It also recommended proper investigation on NNPC to ascertain the actual cost associated with the joint venture oil agreements.
It recommended for a call for an urgent review of the Fiscal Responsibility Act and other laws of the revenue generating agencies to align with current realities.
It further urged the national assembly to expedite action on the passage of the finance bill which would be brought along with the budget.
2020 budget by President Muhammadu Buhari.
Lawan said there was the need for the Federal Inland Revenue Services (FIRS) to widen the tax net to generate more revenue for capital expenditure.
Lawan said there was the need for other revenue generating agencies to provide their revenue performances, noting that only that of the NCS was indicated in the recommendation.
He also called for the diversification of the economy from a mono economy via agriculture, solid minerals and tourism
Politics
Alleged Coup: Protests Rock N’Assembly As Detained Officers’ Children, Wives Demand Justice
Scores of children and wives of military officers detained over an alleged coup plot yesterday staged a peaceful protest at the National Assembly, demanding a speedy trial and the release of the accused officials.
The protesters who gathered at the entrance of the National Assembly complex, moved in a slow procession while clutching placards with inscriptions such as “Don’t Kill Our Daddies,” “Detention Without Trial is Injustice,” and “Six Months of Torture: Enough Is Enough.”
Amid tears and trembling voices, the children appealed for justice and access to their detained fathers, many of whom they said they had not seen for months.
The appeal was made during a press briefing in Abuja attended by no fewer than 20 wives and several children of the detained officers, including a two-month-old baby.
The families were accompanied by human rights lawyer, Deji Adeyanju and activist Omoyele Sowore.
At the briefing, the families lamented that the officers had been held for over 160 days without trial or contact with their relatives, describing the situation as a violation of their fundamental rights.
Speaking on behalf of the families, Memuna Bashiru said the prolonged detention had thrown their households into uncertainty and emotional distress, noting that while allegations had been widely publicised, families remained in the dark about the fate of their loved ones.
The arrest of the indicted officers was first announced on October 4, 2025, by the then Director of Defense Information, Brigadier General Tukur Gusau, who disclosed that 16 officers were taken into custody for alleged breaches of military regulations and acts of indiscipline.
However, an interim investigation later suggested the existence of a clandestine network of officers, allegedly coordinated by a senior Army officer, which had begun preliminary planning for a coup.
According to the report, the alleged plot involved surveillance of key national assets, including the Presidential Villa, Armed Forces Complex, Niger Barracks in Abuja, and major international airports, with October 25, 2025, cited as the planned date for the operation.
Those reportedly in custody include Brig Gen M. A. Sadiq, Col M. A. Maaji, Lt Col S. Bappah, Lt Col A. A. Hayatu, Lt Col P. Dangnap, Lt Col M. Almakura, Maj A. J. Ibrahim, Maj M. M. Jiddah, Maj M. A. Usman, Maj D. Yusuf, Capt I. Bello, Capt A. A. Yusuf, Lt S. S. Felix, Lt Cdr D. B. Abdullahi, Sqn Ldr S. B. Adamu and Maj I. Dauda.
The alleged plot, according to findings, targeted senior government officials, including President Tinubu and Vice President Kashim Shettima.
In a statement issued yesterday, the party’s National Publicity Secretary, Mr Felix Morka, said the exercise would take place in all wards and designated centres nationwide.
He called on existing members to update their records, while encouraging new entrants to join the party through the digital platform.
“As the electronic membership registration exercise resumes in all wards and designated locations nationwide, we urge existing members to validate their membership while new members are encouraged to register and join the progressive family,” Mr Morka said.
According to him, eligibility for registration is limited to individuals aged 18 and above who possess a valid National Identification Number (NIN).
The party said the initiative is part of efforts to modernise its operations by transitioning to a digital database that would enhance record accuracy and accessibility.
Mr Morka noted that the e-registration would “digitise the party’s membership register, ensure the integrity of records, and enhance efficient access to membership data for planning and management decisions.”
He added that the move is also aimed at promoting internal democracy within the party and strengthening its commitment to democratic innovation.
The APC had previously introduced electronic registration as part of broader reforms to streamline its membership system and improve organisational efficiency.
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