Headline

FG To Return N27.5trn 2024 Appropriation Bill To NASS For Increase

Published

1 year ago

December 12, 2023

The Federal Government has told the Senate that it was considering returning to the National Assembly, the N27.5 trillion 2024 Appropriation Bill in order to increase the size if the revenue increases.

Speaking yesterday in Abuja, when he appeared before the Senator Sani Musa (APC, Niger East) led Committee on Finance for budget defence, the Minister of Finance and Coordinating MInister of Economy, Mr. Wale Edun said that because of the tremendous improvement in the economy, and if the revenue increases, the Federal Government would have no other option than to return to the National Assembly to appropriate the additional revenue.

The Minister said: “The revenue performance was encouraging, it is expected to continue to be encouraging. There is fiscal policy and tax reform committee which is already at work. It is meant to provide fundamental change together with digitalization, greater efficiency in collection because it revenue to debt that can give us the opportunity to even increase this budget.

“If we have a solid revenue performance, we will come back and am sure Mr President will authorise the process is return to the National Assembly to appropriate extra revenue. That is a situation we are all looking forward.”

Recall that President Tinubu had penultimate Wednesday presented before the National Assembly a expenditure proposal of N27.5 trillion 2024 Appropriation Bill, just as he announced his administration’s resolve to adopt the “revised 2024-2026 Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP,” as the parameters for the 2024 budget, just as he also announced the administration’s plan to grow the economy by a minimum of 3.76 percent, above the forecasted world average.

Speaking further, Edun noted that the Federal Government was looking at how to speed up the procurement process in order to increase capital spending in the 2024 budget.

He said: “When we look at actual budget performance , expenditure as at 3rd quaters of the year which is September, was 32 percent below the budget estimate, revenue was five percent up, the revenue performance is quite encouraging, debt service, because of change in exchange rate, a depreciation of the currency and the fact we have foreign debt of about $46billion outstanding, means that debt service was up by 18 percent.

“Capital expenditure performed below budget quite significantly. We are looking at issue of procurement process and ways to speed up capital spending, in term of overall balance of the budget.

“Fiscal deficit is expected to come down from N13.7 trillion to N9.2 trillion and importantly, the deficit, the amount of the budget to be funded by borrowing is down from 6.1 percent to 3.9 percent that is percent of GDP and Capital expenditure remains at 32 percent, so that is the while structure of the budget.”

Headline

Fire Guts Nigerian Pilgrims’ Hotel In Makkah

Published

12 hours ago

June 7, 2025

Editor

The Imaratus Sanan Hotel on Shari Mansur Street in Makkah, which accommodates about 484 Nigerian pilgrims, was today gutted by fire while the pilgrims and others from around the world were at Mina performing their Hajj rites.

Nigerian pilgrims, like others globally, had departed Makkah for Mina — also known as Tent City — on Wednesday for the five-day Hajj observance. At the time of the fire, the pilgrims were on the second day of the stoning ritual at Jamarat.

The fire guts hotel in Makkah incident, according to a statement made available to Sunday Tribune by the Assistant Director, Information and Publication, National Hajj Commission of Nigeria (NAHCON), Fatima Sanda Usara, occurred around 12 noon Saudi Arabian time (10 a.m. Nigerian time) on Saturday, June 7, 2025.

Usara disclosed that the affected pilgrims were from six Nigerian private tour operator companies and confirmed that no lives were lost in the fire.

“The National Hajj Commission of Nigeria (NAHCON) regrets to inform the public of a fire incident that occurred earlier today, Saturday, 7th June 2025, around 12:00 noon (KSA time), at one of the hotels accommodating Nigerian pilgrims on Shari Mansur Street in Makkah,” she said.

“The affected hotel, Imaratus Sanan, was hosting about 484 pilgrims from six Nigerian private tour operator companies. Thankfully, no lives were lost, and all pilgrims are safely in Mina. Immediate emergency response by Saudi authorities and the hotel management helped to contain the fire swiftly and prevent it from spreading throughout the building,” she added.

NAHCON Chairman/CEO, Professor Abdullahi Saleh Usman, led a delegation to the site of the incident to assess the extent of the damage and ensure the welfare of the pilgrims.

“Following the incident, the Chairman/CEO of NAHCON, Professor Abdullahi Saleh Usman, alongside Commissioner for Policy, Personnel Management and Finance, Alhaji Aliu Abdulrazak, and Deputy Makkah Coordinator, Director Alidu Shutti, promptly visited the location to evaluate the situation and ensure that the welfare of the affected pilgrims is prioritized,” the statement read.

During the visit, Professor Usman expressed concern and ordered the immediate relocation of the affected pilgrims to a new hotel. He assured them that the commission would provide every possible support to cushion the impact of the incident.

“He thanked Almighty Allah that no life was lost in this unfortunate incident and promised that NAHCON would collaborate with the affected tour operators to ensure the smooth resettlement of the pilgrims,” Usara stated.

The Chairman and his team have since inspected the new accommodation, and arrangements for the pilgrims’ resettlement have been finalized.

She further noted that both Professor Usman and Commissioner Abdulrazak commended the prompt response of Saudi emergency services and the cooperation of the hotel staff in controlling the situation.

Reports reaching Sunday Tribune indicate that the fire guts hotel in Makkah caused considerable structural damage, but NAHCON has secured alternative accommodation where the pilgrims will be housed upon their return to Makkah on Sunday.

Headline

Elon Musk Deletes Post Claiming Trump Was ‘In The Epstein Files’

Published

12 hours ago

June 7, 2025

Editor

Elon Musk has deleted a controversial tweet in which he claimed—without offering evidence—that US President Donald Trump appeared in documents related to convicted sex offender Jeffrey Epstein.

The Tesla and SpaceX founder’s post, made on Thursday, alleged that Trump was named in the Epstein files. The accusation, unsubstantiated at the time, quickly ignited a political firestorm.

Responding to the claims in an interview with ABC News, Trump lashed out at the billionaire, saying Musk had “lost his mind.”

The clash marks a dramatic escalation in tensions between the two once-close allies.

It follows Musk’s suggestion of launching a new political faction in the United States, tentatively dubbed the “American Party.”

The idea was floated in a poll to his 220 million followers on X (formerly Twitter), where 80 per cent of respondents supported the proposal.

“This is fate,” Musk commented.

Musk’s shift comes as he fiercely criticised the president’s flagship economic proposal, which he labelled the “Big, Beautiful Bill.”

He warned the policy could explode the national debt by $2.4 trillion (£1.8 trillion), undermining his own reform work while leading the now-defunct Department of Government Efficiency (DOGE).

Musk has even called for Trump’s impeachment, suggesting he be replaced by Vice President JD Vance—a bold move just days after stepping down from DOGE.

Trump dismissed the criticism, claiming Musk’s opposition stemmed from cuts to electric vehicle incentives included in the bill.

He added that a full review of Musk’s substantial federal contracts, including $22 billion (£16.2 billion) in agreements with SpaceX, may now be necessary.

In a symbolic jab, sources say the president is considering selling a Tesla vehicle he previously purchased.

The public feud has already had financial consequences.

Tesla shares tumbled 14.3 per cent on Thursday, wiping out approximately $150 billion (£111 billion) in market value.

The high-profile rift continues to develop amid rising tensions in US politics and speculation about third-party movements ahead of the next presidential election.

(THE STANDARD)

Headline

US: Over 100 Dogs Rescued From Suspected ‘Puppy Mill’ In North Carolina

Published

12 hours ago

June 7, 2025

Editor

Over 100 dogs have been rescued from what appears to be a puppy mill operating out of a home in North Carolina, according to the SPCA of Wake County.

The shelter said the dogs were kept in “egregious conditions,” and many are now receiving treatment for severe health issues.

“Many of the dogs are being treated for skin and dental issues,” the SPCA reported in a social media post on Friday. They also described dogs with “matted dirty fur” coming off in “heaps.”

“This is the biggest moment in these dogs’ lives, and we are feeling so grateful to be a part of their healing,” the shelter added.

The rescue operation took place on Thursday in coordination with Raleigh Animal Control.

“They were housed in egregious conditions, surrounded by their own waste, packed 5 or 6 to a cage and stacked floor to ceiling, or free roaming in cramped quarters and filth,” the SPCA stated.

Following their removal, the dogs were given immediate care and a much-needed break from the conditions they were trapped in.

“They’ve been getting the spa day of their lives — and their first taste of fresh air, possibly ever,” the organization said.

Among the rescued animals were numerous mother dogs nursing their puppies.

Nineteen of the dogs are not currently in the shelter’s direct care, but assessments and treatment are ongoing.

To support the massive rescue and rehabilitation effort, Care First Animal Hospital has pledged to match donations up to $150,000 in veterinary services.

Photos shared by the SPCA on Facebook show the rescued dogs and puppies beginning their journey toward recovery, marking a hopeful turn after enduring horrific neglect.

(ABC News)