News
Senate Passes N4.4trn 2015 Budget …No Provision For Fuel Subsidy
The Senate yesterday approved the 2015 budget of N4.493 trillion, which is less than the 2014 budget of N4.695 trillion by about N200 billion. Details of the 2015 budget show that there was no provision for fuel subsidy in it.
However, N21 billion was budgeted for the Subsidy Reinvestment and Empowerment Programme (SURE-P).
This may mean an end to the controversial subsidy on petrol, and may also mean that government will be unable to pay oil marketers who may want to stop importing fuel, thereby causing scarcity of the product in the country.
According to a senator, who would not want to be quoted, the government did not make provision for fuel subsidy in the 2015 budgetý, hence the national assembly passed the N4.4 trillion budget without considering it.
Speaking to journalists at the National Assembly complex yesterday, Chairman Senate Committee on Appropriation and Finance, Ahmed Maccidoý, said it was left for President Goodluck Jonathan to sign the budget into law and start implementing until May 29.
“If the president can assent to the budget he can start implementing until May 29,” he said. He also said the government was capable of financing the budget as measures had been taken to plug leakages.
The figure approved by the Senate is higher than the N4.3 trillion initially presented ýby the Federal Government in December 2014 through the Minister of Finance and coordinating Minister of the Economy, Ngozi Okonjo-Iweala, to the National Assembly.
A breakdown shows that the presidential amnesty programme will gulp N63.2 billion, while N23.6 billion will go to 30, 000 Niger Delta ex–militants, N5.5 billion to operational cost, and N34.1 billion to reintegration of transformed ex-militants.
It allocates N375 billion for statutory transfers, N953 billion for debt service, N2.607 trillion for recurrent (non-debt) expenditure, and N556 billion (inclusive of ý N144 billion capital expenditure in statutory transfers) for “contribution to the development fund for capital expenditure for the year ending on December 31, 20153 .
According to Maccido, the oil benchmark forý 2015 budget was pegged at $53 per barrel while the foreign exchange rate was put at N190 to $1.
ýLast week, the Federal House of Representatives passed the 2015 budget with a similar breakdown.
In the recurrent expenditure, the presidency will receive N20 billion, office ýof the Secretary to the Government of Federation will receive N48 billion, while defence (Ministry of Defence, Army, Air force, Navy) will receive N338 billion.
Also in the recurrent budget, Ministries of Foreign Affairs, Finance, Health and Education will receive, N41 billion, N12 billion, N237 billion and N392 billion, respectively.
Ministries, Departments, and Agencies (MDA) such as National Population Commission, ýFederal Civil Service Commission, Federal Character Commission and Police Service Commission will receive N5 billion, N1 billion, N2 billion and N740 million, respectively.
Regarding capital expenditure, ýthe presidency will receive N4 billion, office of the Secretary to the Government will receive N9 billion, while defence (Ministry of Defence/Army/Air force, Navy) will receive N36 billion.
The budget also shows thatý the Federal Capital Territory Administration (FCTA) will receive N13 billioný, while entitlements of former presidents, heads of state, vice presidents and chiefs of general staff will gulp N2.3 billion.
News
Fubara Seeks Full Resolution Of Bille Gas Leakage …Pledges Upgrade Of Community Health Centre
Rivers State Governor, Sir Siminalayi Fubara, has demanded quick and full resolution to the challenges arising from the gas leakage that occurred in Bille, Degema Local Government Area of the State.
The governor has also pledged to upgrade the Primary Healthcare Centre (PHC) in Bille with a view to addressing the health challenges confronting the community.
Fubara made the pledge on Wednesday at the Government House, Port Harcourt during an enlarged meeting of key stakeholders, comprising representatives of the Federal Government, the state government and leaders of the community.
The meeting was held to review the situation in the community and explore available opportunities to save the people from the adverse impacts of environmental pollution.
Addressing the journalists at the end of the meeting, the governor acknowledged the determination of the Federal Government and its agencies to get to the root cause of the problem in Bille and ensure that it is resolved permanently.
“The meeting is in respect of the situation in Bille. You’re aware that there is a case of gas leakage somewhere in Bille and the people have been making some requests that the government should come to their rescue to resolve the situation.
“As a state, we have gone to see the situation in the community, not alone but in conjunction with the industry operators and officials of the Federal Ministry of Petroleum Resources. What we are doing today is an enlarged meeting where all the parties are sitting together to look at the cause of the issue and the most possible way to get the problem resolved,” he said.
Fubara described the outcome of the meeting as successful, stressing that more action would be taken in the next couple of weeks to ensure that the issue is fully resolved.
The Minister of State, Petroleum Resources (Gas), Hon Ekperikpe Ekpo, who led the Federal Government’s delegation to the meeting, expressed appreciation to the governor for his warm hospitality and efforts to address the challenge in Bille community.
Ekpo explained that contrary to the perception in certain quarters, the Federal Government has not been silent over the “gas seepage” but has been working tirelessly towards finding a sustainable solution.
The minister explained that as soon as the incident was reported, the Federal Government deployed experts to the area to understudy the cause of the problem.
According to him, it was difficult at first to understand the cause of the problem since there were no oil or gas infrastructure within the vicinity of the incident, hence the need to conduct a more detailed investigation.
“The investigation is still going but we decided to do a follow-up visit to the area to talk to the people of Bille Community that we need collaboration on their part so that we would be able to arrive at a lasting solution.
“The safety of the people is paramount. We can understand their anxiety, the worry and the danger that this thing poses within the area, but the Federal Government is committed to finding a lasting solution to the problem. The primary responsibility of government is to take care of the welfare and security of the people and that is exactly why we are here to go and see things for ourselves,” he said.
The Chief Executive Officer (CEO), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, also explained that as the regulatory agency at the centre of the issue, no effort will be spared in the task of resolving the issue.
Eyesan pledged that the NUPRC and operators in the industry were prepared to address the requests of the impacted people in terms of the provision of potable water and fire trucks to the community.
The Public Relations Officer, Council of Chiefs, Bille Kingdom, Chief Rena Dappa, had during the meeting, presented the challenges facing the community and pleaded for government’s support to save the lives and livelihoods of the people.
News
Tinubu Unveils Training Programme For 5,000 Metre Installers
President Bola Tinubu has announced the launch of a training programme for 5,000 young Nigerians as meter installers and technicians under the Presidential Metering Initiative.
The President stated that the scheme is aimed at creating jobs, closing the country’s metering gap and improving electricity supply.
The President disclosed this in a statement on his verified X handle yesterday, describing the initiative, tagged “The Power Force,” as part of his administration’s Renewed Hope Agenda to expand employment opportunities for young people.
According to Tinubu, the programme will equip participants with practical technical skills and connect them to employment opportunities in Nigeria’s power sector.
“Through the Presidential Metering Initiative (PMI), which I established to close Nigeria’s metering gap, end estimated billing, protect consumers and strengthen the electricity market, we are opening a new pathway for 5,000 young Nigerians to be trained as meter installers and technicians under The Power Force. This programme is about jobs, skills and dignity,” he said.
Tinubu said the training would be open to eligible Nigerians who have completed their secondary school education, with a dedicated quota reserved for members of the National Youth Service Corps.
He noted that expanding electricity metering was critical to improving service delivery and promoting transparency in the power sector.
“When homes and businesses are properly metered, Nigerians can pay for what they actually use. When electricity distribution companies collect revenues more transparently and fairly, they are better able to reduce losses, maintain infrastructure, expand connections and invest in better service.
“This is how we build a power sector that is fairer to consumers, stronger for investors and better able to deliver reliable electricity to the Nigerian people,” the President said.
Tinubu said he had directed the Presidential Metering Initiative to work with the Federal Ministry of Youth Development, the National Power Training Institute of Nigeria, and other relevant stakeholders to commence the programme within the next 30 days.
He encouraged qualified young Nigerians to apply, saying the initiative would provide them with marketable skills while supporting efforts to eliminate estimated billing and improve electricity access nationwide.
“I encourage eligible young Nigerians to apply. Join The Power Force. Learn a skill. Earn with dignity. Help us end estimated billing and be part of the work to light up Nigeria,” he added.
News
Xenophobia: Third Evacuation Flight From S’Africa Arrives Today -FG
The Federal Government has announced that the third evacuation flight for Nigerians voluntarily returning from South Africa will arrive Lagos today having departed Johannesburg at midnight yesterday with 271 returnees on board.
The Ministry of Foreign Affairs disclosed this in a statement issued yesterday by its spokesperson, Mr Kimiebi Imomotimi Ebienfa.
According to the ministry, the Air Peace-operated flight is expected to arrive at the Murtala Muhammed International Airport, Lagos, at about 5:30 a.m. on Friday, July 3, 2026.
It said the evacuation is part of the Federal Government’s ongoing efforts to facilitate the voluntary return of Nigerians from South Africa.
“The third evacuation flight operated by Air Peace will depart Johannesburg today by 12 midnight with 271 returnees. The estimated time of arrival in Lagos is 5:30 a.m. on Friday, July 3, 2026,” the statement read.
The latest batch of returnees follows earlier evacuation flights that brought hundreds of Nigerians back to the country under the Federal Government’s voluntary repatriation programme.
-
News3 days ago
Rivers Court Jails Man Seven Years For Defiling Minor …Directs N5 Million Upkeep For Victim
-
News3 days ago
Alleged Coup Plot: DSS Docks Five For Hiding Sylva’s Whereabouts
-
News3 days agoFG To Replace NYSC Khaki With Adire
-
Niger Delta3 days ago
24 Nigerian Universities Make 2026 THE Rankings … 4 S’South Versitieis Pull Through
-
News3 days ago
BOI Unveils Maiden Impact Report, Disburses N644.9bn In 2025
-
Women3 days ago
NAWOJ Seeks Partnership With Hotel Presidential On Summit
-
News3 days agoFubara Seeks Full Resolution Of Bille Gas Leakage …Pledges Upgrade Of Community Health Centre
-
Niger Delta3 days ago
‘Ogbolo ’26’: Bayelsa Community Revives Heritage, Strengthens Unity

