Legislature
We will legislate to make economy work for all Nigerians says Lawan
The President of the Senate, Ahmad Lawan has promised to lead others to bring about legislation that will rejig the economy to make it work for all Nigerians irrespective of their status upon resumption from their yearly recess.
Lawan spoke while responding to questions from Senate correspondents after inspecting the renovation work at the temporary venue for the sitting of the Senate in the light of the ongoing remodeling of the main Senate chamber.
The Senate is expected to resume from it’s two months annual summer recess next Tuesday.
Lawan said the confirmation of the appointment of the acting Chief Justice of Nigeria and the consideration of the anticipated budget proposals for 2023 will engage the immediate attention of the Senate on resumption next week.
Lawan also expressed the optimism that the budget will be passed in order to provide better life for Nigerians. It has not been easy but nothing is impossible and no problem is insurmountable.
“We also have so many other issues of ensuring that the 2023 general elections, at the end, the kind of elections that everybody will say, well, I have won fairly or I have lost fairly.
“So we want to ensure that there is very credible elections that will be of integrity and we will support the INEC to the fullest to ensure that the 2023 general elections hold in such a manner that INEC does not lack anything, that Nigerians are able to exercise their franchise and at the end of the day, we will have new set of leaders to continue to lead our country.”
Expressing satisfaction on the work done on the makeshift chamber, Lawan told reporters:
“This is going to be our temporary chamber for sometime, some months and I’m aware that it will be here that we will conduct the business of the Senate up till next year by the Grace of God. That is not an issue.
“The way this place is renovated to accommodate Distinguished Senators is what matters to us. The chairs here and everything here will be temporary. Ours is to remain focus on what our jobs and tasks are.
“I am happy so far that the renovation here, providing this environment, is going on smoothly. There are few issues that I feel should be attended to but these are not major issues.
“This is also going to be resumption period for us where the last session of the (ninth) Senate will be and that is, this will be our last and final year.
“We have the confirmation of the Chief Justice of Nigeria already waiting. Recall that the President sent the request but that was a day before the Senate went on its annual summer recess.
“Therefore, this is go to be one of the first things we need to do to ensure that the acting capacity does not go beyond the required three months.
“You also know that we are going to receive Mr President for the presentation of the 2023 budget estimates and we expect that the President will be doing that in the first week of October even though it may not be taken place here.
“Imagine that the House of Representatives chamber will be the appropriate place like we have always done. But that is going to be one of the issues that we are going to tackle immediately we resume.
“And of course, our focus has always been that we provide the kind of Legislative intervention that will make Nigerians be safer and of course, provide a better economic environment.
“The security of our country, the security of our people has always been of great concern to us and will remain so and at this point let me commend our Armed Forces and other security agencies for upping the game and doing better in the last one month or so.
“We hope that they will do better than that but I want to assure Nigerians that the National Assembly particularly the Senate will continue to support our security agencies and defence forces to fight for restoration of normalcy in our security situation in the country.
***Allocates N23.96 Trillion for Capital Projects, N14.31 Trillion for Debt Servicing
The Nigerian Senate along with the House of Represebtatives have passed the 2025 Appropriation Bill, approving a record-breaking budget of N54,990,165,355,396 to finance government activities in the coming fiscal year.
The budget, titled A Bill for an Act to Authorise the Issue from the Consolidated Revenue Fund of the Federation, was approved after deliberations on its allocations and implications for economic growth, debt management, and infrastructure development.
The chairman of the National Assemble Godswill Akpabio who is also the President of the Senate gave the beakdown of the 2025 Budget to show that Statutory Transfers: ₦3.65 trillion, debt Servicing: ₦14.32 trillion, Recurrent (Non-Debt) Expenditure: ₦13.06 trillion and
Capital Expenditure: ₦23.96 trillion
The largest chunk of the budget, ₦23.96 trillion, was allocated for capital expenditure, aimed at infrastructure development, healthcare, education, and security.
This signals the government’s commitment to addressing Nigeria’s infrastructural deficit.
However, the ₦14.32 trillion earmarked for debt servicing highlights the country’s rising debt burden, sparking concerns over long-term financial sustainability.
With the National Assembly approval, the budget now awaits President Bola Tinubu’s assent, after which implementation will begin. Analysts predict a challenging fiscal year, balancing economic growth with prudent spending and debt repayment.
However, time will tell whether the historic budget will deliver on its promises, or economic realities force adjustments down the line?
***Says addittional fund is to Prioritize Infrastructure, Health, Economic Growth
The chairman of the senate committee on Appropriation Senator Adeola Solomon Olamilekan has explained the approval of the 2025 Appropriation Bill by the national Assembly which it increased from N49.7 trillion to N54.99 trillion—the highest in the nation’s history.
The adjustment followed legislative reviews that uncovered additional revenues from key government agencies.
While explaining the Budget Expansion and Revenue Sources Olamilekan indicated that the additional N4.99 trillion was sourced from Nigeria Customs Service, Federal Inland Revenue Service (FIRS) and Government-Owned Enterprises (GOEs)
These he said led to an increase in funding for critical sectors, including N1.5 trillion for Bank of Agriculture, N500 billion for Bank of Industry, 1 trillion for Ministry of Solid Minerals, N1.5 trillion for Renewable Infrastructure Fund, N300 billion – Road construction and N400 billion for Rail transport.
Others are N380 billion of Water resources, irrigation, and dam projects, N250 billion for Military barracks renovation N120 billion for New military aviation projects, N50 billion for Border security agencies
Following the suspension of U.S. health aid, which previously provided funding for HIV, tuberculosis, malaria, and polio treatments, President Tinubu approved $200 million (N300 billion) to ensure continued medical supplies and healthcare support for affected patients.
On the major Boost for Infrastructure Development he said a record N23.7 trillion has been allocated for capital projects, marking a significant leap in infrastructure investment.
He listed the areas the funds will focus on to include Roads and railways,nEducation and healthcare improvements and Other critical public infrastructure
To prevent delays in budget implementation, the 2026 budget process will begin in July 2025, with the Medium-Term Expenditure Framework (MTEF) submitted early and the Appropriation Bill expected by October 2025.
Concerns over inadequate rail infrastructure funding in the South East were raised, but legislative leaders clarified that rail projects are primarily funded through public-private partnerships (PPPs).
According to him, the 2025 budget focuses on light rail development in Lagos, Ogun, Kaduna, and Kano, while further discussions on South East projects are ongoing.
He explained that to maintain Economic Stability the budget parameters remain unchanged, with key revenue sources including FIRS increasing its revenue target to N25.1 trillion, Nigeria Customs Service boosting revenue collection through stricter enforcement and Independent revenue agencies contributing 100% of their generated funds to the federal government
The House of Representatives has directed its Joint Committee on Communications and Interior to investigate reports of unauthorized National Identification Number (NIN) linkages by telecom service providers across Nigeria.
The decision followed the unanimous adoption of a motion jointly sponsored by Hon. Patrick Umoh (APC, Akwa Ibom) and Hon. Julius Ihonvbere (APC, Edo). The House also instructed the Nigerian Communications Commission (NCC) to probe the allegations and sanction any telecom operator found guilty of violating privacy laws.
Additionally, the National Identity Management Commission (NIMC) has been asked to clarify whether telecom providers were authorized to link NINs to subscriber lines and if such actions comply with existing regulations.
Hon. Umoh raised concerns about recent reports indicating that telecom companies have linked NINs to subscribers’ SIM cards without their consent. He warned that this unauthorized linkage exposes Nigerians to criminal activities, such as identity theft, financial fraud, and other cybercrimes.
“This action is a clear violation of the Nigeria Data Protection Act 2023 and the Nigeria Data Protection Regulation (NDPR) 2019, which guarantee the right to privacy and the protection of personal data,” Umoh stated.
He further emphasized that while the NIN system was introduced to enhance national security and streamline identification processes, unauthorized linkages undermine public trust and jeopardize citizens’ safety.
“Aware that innocent citizens have been wrongly implicated in crimes, suffered reputational damage, harassment, and legal challenges for offenses they know nothing about, it is imperative that we address this issue immediately,” Umoh added.
The House has mandated the probe committee to submit its findings within four weeks, as lawmakers seek to protect Nigerians from potential data breaches and uphold the integrity of national security protocols.
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