News
Buhari Reveals N9.73trn Available To Fund N20.51trn 2023 Budget

Strong indications have emerged that the new political dispensation in 2023 might have to think out of the box to raise revenue to fund the N20.51 trillion budget presented to the National Assembly by President Muhammadu Buhari on Friday.
The funding crisis became obvious as President Buhari revealed that the total revenue available in the coffers of the outgoing administration stood at just N9.73 trillion.
Meanwhile, there are also indications that the federal government is planning to finance the deficit through new borrowings totalling N8.80 trillion.
Some of these initiatives were contained in the 2023 budget presentation entitled “budget of fiscal consolidation and transition.”
In the fiscal projections contained in the budget, oil price benchmark was earmarked at 70 US Dollars per barrel; with daily oil production estimates of 1.69 million barrels (inclusive of Condensates of 300,000 to 400,000 barrels per day) and exchange rate is pegged at 435.57 Naira per US Dollar.
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This is even as it was projected GDP growth rate of 3.75 percent and 17.16 percent inflation rate.
Commenting on the revenue estimates, President Buhari said fiscal assumptions and parameters, total federally-collectable revenue is estimated at 16.87 trillion Naira in 2023.
He mentioned that total federally distributable revenue is estimated at 11.09 trillion Naira in 2023, while total revenue available to fund the 2023 Federal Budget is estimated at 9.73 trillion Naira. This includes the revenues of 63 Government-Owned Enterprises.
Giving further breakdown, he said oil revenue is projected at 1.92 trillion Naira, Non-oil taxes estimated at 2.43 trillion Naira, Federal Government of Nigeria (FGN) Independent revenues are projected to be 2.21 trillion Naira. Other revenues total 762 billion Naira, while the retained revenues of the GOEs amount to N2.42 trillion Naira.
The President also noted that the 2023 Appropriation Bill aims to maintain the focus of MDAs on the revenue side of the budget and greater attention to internal revenue generation. Sustenance of revenue diversification strategy would further increase the non-oil revenue share of total revenues.”
On the planned 2033 expenditure, the President explained that “a total expenditure of 20.51 trillion Naira is proposed for the Federal Government in 2023. This includes 2.42 trillion Naira spending by Government-Owned Enterprises. The proposed 20.51 trillion Naira 2023 expenditure comprises.
He equally mentioned that Statutory Transfers of N744.11 billion; Non-debt Recurrent Costs of N8.27 trillion; Personnel Costs of N4.99 trillion; Pensions, Gratuities and Retirees’ Benefits of N854.8 billion; Overheads of N1.11 trillion; Capital Expenditure of N5.35 trillion, including the capital component of Statutory Transfers; Debt Service of N6.31 trillion; and Sinking Fund of N247.73 billion to retire certain maturing bonds were all contained in the fiscal projections for 2023.
On fiscal balance, the President further explained in the budget that, “we expect total fiscal operations of the Federal Government to result in a deficit of 10.78 trillion Naira. This represents 4.78 percent of estimated GDP, above the 3 percent threshold set by the Fiscal Responsibility Act 2007.
He said as envisaged by the law, we need to exceed this threshold considering the need to continue to tackle the existential security challenges facing the country.
READ ALSO: 2023 Budget Of Fiscal Consolidation And Transition [Full Text]
According to him, plans were on to finance the deficit mainly by new borrowings totalling 8.80 trillion Naira, 206.18 billion Naira from Privatization Proceeds and 1.77 trillion Naira drawdowns on bilateral/multilateral loans secured for specific development projects/programmes.
Explaining how the government has been using loans to finance projects, the President went down memory lane, saying over time, we have resorted to borrowing to finance our fiscal gaps. We have been using loans to finance critical development projects and programmes aimed at further improving our economic environment and enhancing the delivery of public services to our people.
News
Police Deny Opening Recruitment Portal, Warn Nigerians Against Fake Adverts

The Police Service Commission has debunked reports circulating on social media and several unofficial websites claiming that it has opened a portal for recruitment into the Nigeria Police Force.
The Commission described the publications as fake, warning that they were created by fraudsters seeking to deceive and exploit unsuspecting Nigerians.
In a statement published on its official website on Monday, the PSC said it had not commenced any recruitment exercise.
“The general public is hereby informed that these publications are fake and entirely misleading.
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“They are the handiwork of fraudsters attempting to exploit innocent citizens,” the Commission said.
It added that no recruitment portal had been opened by the Commission.
“There is currently no ongoing recruitment into the Nigeria Police Force.
“The Police Service Commission has not opened any portal for such an exercise,” the statement added.
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The PSC stressed that whenever recruitment begins, the announcement will be made strictly through authorised platforms.
According to the statement, official channels include advertisements in reputable national newspapers, announcements posted on the Commission’s verified website (www.psc.gov.ng), and formal press releases.
“We urge Nigerians to rely only on information published through these official channels.
READ ALSO:Police, PSC Set Up Committee To Recruit 30,000 New Officers
“Any recruitment portal not listed on our website is fraudulent and should be reported to the police,” the commission said.
The PSC advised the public to ignore the fake recruitment claims to avoid falling victim to scams.
The PUNCH had reported that the Police Service Commission has cautioned Nigerians seeking a career in the Nigeria Police Force to beware of fake recruitment adverts circulating online, insisting that it has not yet commenced the 2025 recruitment exercise.
News
FG Begins Free Liver, Kidney Tests For People Living With HIV

The Federal Government on Monday announced that it has begun providing People Living with HIV/AIDS access to free annual liver and kidney function tests through expanded health insurance coverage.
The Minister of State for Health and Social Welfare, Dr. Iziaq Salako, said this during the commemoration of the 2025 World AIDS Day, organised by the National Agency for the Control of AIDS, and other partners in Abuja, themed, “Overcoming disruption: Sustaining Nigeria’s HIV response.”
World AIDS Day is observed annually on December 1 to raise awareness about HIV/AIDS, promote global solidarity, and review progress in combating the epidemic.
It also serves as a platform to reinforce commitment toward eliminating HIV and ensuring access to treatment for all affected individuals.
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Salako said, “We are beginning to provide people living with HIV/AIDS with access to annual liver and kidney function tests through expanded health insurance coverage.
“We are also moving steadily towards full integration of HIV, TB, malaria, nutrition, and the National AIDS, Viral Hepatitis and STIs Control Programme in Nigeria as one service that can be accessed in one location at any point in time.
“This integrated approach will ensure that children and adolescents can access multiple essential services during a single visit, thereby improving health outcomes.”
He noted that during the 66th National Council on Health in Calabar, the consent age for voluntary HIV counseling and testing was reduced from 18 to 14 years to increase testing rates among adolescents, leading to earlier diagnosis, better access to care, and a reduction in transmission.
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The minister added that the NCH also approved the institutionalisation of the National Clinical Mentorship Programme within the health system and urged states to integrate clinical mentorship activities into their annual operational plans and budgets.
“This is going to help ensure that persons living with HIV remain on treatment and prevent loss to follow-up.
“I call on all stakeholders—states, partners, civil society, communities, and the private sector—to strengthen collaboration, scale innovation, and accelerate our march toward the 2030 goal of ending AIDS as a public health threat,” he said.
The Director General of NACA, Dr. Temitope Ilori, stated that despite unprecedented disruptions—including the global pandemic, economic uncertainty, fluctuating donor support, and shifts in global health financing—Nigeria is on track to meet the 2030 target of ending HIV.
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“We have maintained an impressive 87–98–95 performance toward the global 95–95–95 targets, demonstrating significant progress in diagnosis, treatment coverage, and viral suppression across the country.
“Eighty-seven per cent of people living with HIV in Nigeria know their status; 98 per cent of those who know their status are on life-saving treatment; and 95 per cent of those on treatment have achieved viral suppression—meaning they cannot transmit HIV.
“In the last decade, Nigeria has recorded a 46 per cent decline in new HIV infections, and more Nigerians living with HIV are enrolled and retained in care than ever before,” she emphasised.
The President of the Network of People Living with HIV and AIDS in Nigeria, Abdulkadiri Ibrahim, advocated for domestic HIV funding and stressed the need to address gaps in PMTCT, improve community engagement, and promote viral load testing.
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“Drugs are available, but there are elements that need more attention, such as community engagement for retention.
“We need to discuss adherence, counseling, psychosocial support, follow-up for those who miss their appointments, and improve access to viral load testing,” he said.
Also speaking, the UN Resident Representative, Elsie Attafuah, advocated for domestic financing, protection of human rights, community empowerment, and the strengthening of Nigeria’s health system to enhance resilience, increase efficiency, and expand equitable access.
“Together, we will sustain the response. Together, we will overcome distractions. Together, we will build a future where every person can live with health, dignity, and hope,” she noted.
News
FG Approves Promotion Of Over 24,000 Paramilitary Officers

The Civil Defence, Correctional, Fire and Immigration Services Board has approved the promotion of 24,202 senior officers across the four paramilitary agencies under its supervision.
The Minister of Interior and Chairman of the Board, Olubunmi Tunji-Ojo, announced this on Monday in Abuja.
He was represented by the Board’s Secretary, Abdulmalik Jubril.
According to the minister, the newly promoted officers constitute the second batch of senior personnel elevated in 2025.
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The affected agencies are the Nigerian Correctional Service, Nigeria Immigration Service, Federal Fire Service, and the Nigeria Security and Civil Defence Corps.
A breakdown of the figures shows that 11,426 officers were promoted in the Correctional Service, 4,336 in the Immigration Service, 2,581 in the Fire Service, and 5,859 in the Civil Defence Corps.
“From the 24,202 promoted officers: NCoS recorded 11,426; NIS, 4,336; FFS, 2,581; while 5,859 were elevated in NSCDC.
“The promotion was based on various parameters, including national spread, good records, ratification, performance and vacancy availability.
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“The promotion is aimed at boosting the morale of personnel to ensure proper service delivery in their respective agencies,” he said.
He noted that promotions had stagnated in previous years but said the current administration was committed to improving personnel welfare to strengthen the fight against insecurity.
“In the recent past, promotion had been stagnant, but this administration is dedicated to enhancing the well-being of personnel to tackle the insecurity bedevilling the country.
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“Among the several incentives introduced in the ministry, this is particularly worthy of note,” the minister said.
In 2024, the Civil Defence, Correctional, Fire and Immigration Services Board promoted 20,867 senior officers across the paramilitary agencies under the Ministry of Interior.
The exercise, which cut across various ranks, formed part of ongoing efforts to address delays in career progression and improve staff welfare.
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