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See Reasons the House Repealed and Re-enacted 2024, 2025 Appropriation Acts —Hon. Philip Agbese
The Deputy Spokesperson of the House of Representatives, Hon. Philip Agbese, has explained that the recent move to repeal and re-enact the 2024 and 2025 Appropriation Acts was aimed at improving Nigeria’s budgeting framework, enhancing transparency, and addressing practical implementation challenges.
Speaking in an interview on Friday, Agbese noted that the lawmakers took the action to bolster accountability across all levels of government while reducing the oversight burdens that often arise during budget execution.
He emphasized that the repeal and re-enactment would help create a more structured and predictable fiscal process for the country.
“Essentially, this step is to align Nigeria’s budgeting system with global best practices. It also seeks to promote transparency and accountability, while easing the pressure of oversight during implementation,” Agbese said.
The lawmaker highlighted that the move would set the stage for a unified national budget cycle after March 31, 2026, a reform he described as crucial for smooth execution by the Executive branch.
Agbese praised the House Committee on Appropriations, led by Hon. Abubakar Bichi, for their prompt and diligent work on the re-enactment bill submitted to the House by President Bola Ahmed Tinubu.
He explained that the committee’s swift action enabled the bill’s consideration and passage before lawmakers left for the Christmas and New Year recess.
According to Agbese, the reform will also address the problems associated with running multiple budgets, which can create fiscal confusion and dilute government resources across various projects, often resulting in poor outcomes.
He cited the underperformance of the 2025 capital budget as an example, attributing it to the simultaneous running of multiple budgets.
“Adopting a single budget after March 31, 2026, will allow the Executive to implement projects efficiently. A unified funding system makes cash flow management easier and ensures timely releases,” he added.
Agbese also commended President Tinubu for his leadership in supporting fiscal reforms, noting that the President’s dedication to budget discipline and economic stability provides reassurance.
The President, during the presentation of the 2026 budget, reiterated that the era of multiple budgets in Nigeria would end by March 2026. From April, the country will operate under a single budget anchored on a unified revenue cycle.
According to President Tinubu, the reform aims to resolve long-standing issues such as abandoned projects, unpaid contractual obligations, and overlapping budgets
“This is a complex challenge. Abandoned projects, unpaid obligations, and multiple budget cycles have long been a problem. By March 31, 2026, all capital liabilities from previous years will be fully funded and closed. There will be no overlaps or rollover practices,” he said.
Agbese described Tinubu as a responsive leader, noting that the decision to end multiple budgets responds to calls from lawmakers and experts who have long criticized the practice for encouraging fiscal indiscipline.
The lawmaker also praised the President’s economic team, particularly the Ministry of Budget and Economic Planning, for developing a budget framework that accurately reflects Nigeria’s economic realities.
“We commend the economic team, especially the Budget and Planning Ministry, for preparing a budget plan that considers the nation’s realities and the economic interests of various societal segments,” he said.
Agbese stressed that the House remains committed to reforms that strengthen public financial management, improve service delivery, and restore public confidence in the budgeting process.
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POLITICS: Wike-led PDP Faction Takes Over Party Secretariat In Oyo
Members of Peoples Democratic Party, PDP, loyal to the Minister of Federal Capital Territory, FCT, Nyesom Wike, have taken over the secretariat of the party in Oyo State.
The secretariat, located in the Molete area of Ibadan, was in the custody of the faction loyal to Governor Seyi Makinde of the state until Thursday when the members loyal to Wike took over the premises.
DAILY POST gathered that the PDP members stormed the secretariat on Thursday and occupied the premises with hundreds of members of the party in attendance.
PDP chairman in the state, Professor Abdulrahman Akinoso, confirmed the development to DAILY POST.
Akinoso in a telephone conversation with DAILY POST on Thursday, insisted that the real owners have taken over the premises.
He said, “It is true. It is not faction. It is PDP. We have taken over the premises. It was in the morning. We were there in the morning. We just left the premises. We are now in control. We have taken over the premises.” .…For more, Complete your reading.
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POLITICS: Foreign Recognition Won’t Secure Re-election – ADC Tells Tinubu
The African Democratic Congress (ADC) has told President Bola Tinubu that foreign recognition will not secure him another term in office, insisting that Nigerians will judge his administration by its performance, not by diplomatic gestures from other world leaders.
In a statement issued on Thursday by its National Publicity Secretary, Bolaji Abdullahi, the opposition party reacted to the Presidency’s celebration of a purported letter from United States President Donald Trump to Tinubu.
The ADC said presenting the letter as an endorsement of Tinubu’s administration was misleading, stressing that diplomatic correspondence between world leaders is a normal part of international relations.
“The Presidency’s attempt to present President Donald Trump’s letter to President Bola Ahmed Tinubu as though it were a referendum on the state of the nation is not correct,” the party said.
According to the ADC, countries cooperate, leaders exchange views and letters regularly, adding that such communication does not amount to an endorsement of a government’s performance.
The party accused the Tinubu administration of being desperate for international validation instead of focusing on solving Nigeria’s challenges.
“It is apparent that this administration is desperate to seize upon any gesture of international recognition as proof of success at home,” the statement said.
The ADC maintained that “a letter from a foreign president, however well-intentioned, cannot substitute for the verdict of the Nigerian people.”
It added that the true measure of any government is not what foreign leaders say about it, but what citizens experience daily.
The opposition party argued that Trump’s letter had not changed the reality facing millions of Nigerians, especially those affected by insecurity.
“For the millions of Nigerians still living with the consequences of this government’s failures, President Trump’s communication changes nothing. It did not say that insecurity has been overcome or that Nigerians can once again travel freely, farm safely and sleep without fear,” the party stated.
The ADC also pointed to the continued captivity of hundreds of women and children in parts of Borno State and Kaiama in Kwara State, while many communities in Benue and other parts of the country still live in constant fear because of insecurity.
The party further noted that, despite the Presidency’s celebration of the letter, the United States Department of State has not changed its travel advisory for Nigeria.
According to the ADC, several Nigerian states remain under Level 3 and Level 4 travel advisories, with American citizens still being urged to reconsider or avoid travel because of crime, terrorism, kidnapping and civil unrest.
“We therefore wonder how correspondence from a government that designates several Nigerian states as ‘Do Not Travel’ areas can be regarded as an endorsement,” the party said.
It argued that the travel advisory shows the international assessment of Nigeria’s security situation remains different from the image the Presidency is trying to project.
The ADC said Nigerians are more concerned about their safety than diplomatic exchanges between presidents.
“The daily reality of Nigerians is shaped not by diplomatic correspondence, but by the guarantee that they can go about their lives without falling victim to violent crime or terrorism,” it said.
The party stressed that Trump’s letter was simply communication between two presidents and “does not amount to an endorsement of this government’s overall performance.”
It urged the Tinubu administration to focus less on celebrating diplomatic courtesies and more on delivering measurable improvements in the lives of Nigerians.
“Ultimately, Nigerians will not judge this government by the letters it receives from foreign capitals. They will judge it by whether .…For more, Complete your reading.
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