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The Senate has stated that President Bola Tinubu will likely present the proposed N47.9tn 2025 budget this week.

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Tinubu may present 2025 budget this week – Senate
The Senate has stated that President Bola Tinubu will likely present  the proposed N47.9tn 2025 budget this week.

According to the Senate spokesperson, Yemi Adaramodu ( APC, Ekiti South), the Finance Committee will meet with the Ministries, Departments, and Agencies on Monday.

He said, “The President would likely present the 2025 budget this week or in earnest.

“The Senate Committee on Finance is already working on the Medium Term Expenditure Framework and would be meeting with the MDAs tomorrow (Monday).
The MDAs are expected to defend their 2024 expenditure and also project their 2025 budget.”
Tinubu submitted the Medium-Term Expenditure Framework and Fiscal Strategy Paper for 2025–2027 to both the Senate and the House of Representatives last Tuesday.

Akpabio directed the Senate Committee on Finance, National Planning, and Economic Affairs to consider the MTEF/FSP documents and report within one week.
Key parameters in the MTEF/FSP include a $75 oil price benchmark per barrel, daily oil production of 2.06 million barrels, an exchange rate of N1,400 to $1, and a targeted GDP growth rate of 6.4%.

These figures form the basis for consideration and approval of the proposed N47.9tn 2025 budget.

Our correspondent also observed that there is work ongoing in the chamber to fix some minor issues ahead of the President’s vis

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David Mark Holds Secret Meeting With PRP Leaders as ADC Crisis Deepens

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The embattled National Chairman of the African Democratic Congress, David Mark, on Friday held a closed-door meeting with leaders of the Peoples Redemption Party in Abuja. The private consultation is seen as a fresh round of political moves as the ADC continues to battle a lingering leadership crisis and growing internal divisions.

Top figures from both parties were said to be present at the meeting, including PRP National Chairman Hakeem Baba-Ahmed and senior ADC officials. The development is already drawing attention as opposition parties continue realignments ahead of the 2027 political season, with many watching closely for possible alliances and next steps in the party crisis.

 

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Politics

“ADC is a Holy Party, Cannot be used to Scam Nigerians Again” – Hon Success Opara tells David Mark

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ADC Party in Turmoil: Hon Success Opara Slams Leadership, Warns Against Scamming Nigerians

Abuja, Nigeria – The African Democratic Congress (ADC) is facing internal strife as Hon Success Opara, a prominent party official, has warned against attempts to use the party to deceive Nigerians. Opara specifically criticized the leadership of David Mark, stating that the party cannot be used to scam citizens again.

“ADC holy Party cannot be used to scam Nigerians again,” Opara said, emphasizing that those forming coalitions are hindering the party’s growth and denying youths opportunities to thrive.

“Those who are forming coalition don’t want to give the youths the chance to strive in the party,” she added.

Opara’s statement highlights the deepening divisions within the ADC, with concerns over leadership and the party’s direction.

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2027: Bala declares aspirants over 55 years disqualified in ADC

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The factional National Chairman of the African Democratic Congress (ADC), Nafiu Bala Gombe, has announced that the party under his leadership will bar individuals above the age of 55 from contesting for political positions.

Gombe made the disclosure during an interview with BBC Hausa, where he outlined a vision centred on generational change and greater youth participation in politics.

“The African Democratic Congress (ADC) is a party that belongs to all Nigerians. What we are doing now is to ensure the party moves forward properly.

“We have decided that we will give the youths a real chance. The time has come for young people to take the lead in politics.

“If you are over 55 years old, you are not going to contest for positions in the ADC under our leadership.

“We want to bring in fresh blood, new ideas, and energy from the youth. Nigeria’s future depends on the young generation.

“The old ways have not worked well for the country. We need to open the door wide for youths to participate fully as candidates, leaders, and decision-makers,” he said.

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