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Barely 24 hours after presentation, Senate Passes 2025 Budget for Second Reading

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Godswill Akpabio

***Adjourns Till January 14

Barely 24 hours after President Bola Tinubu presented the 2025 Appropriation Bill, the Senate has passed the piece of legislation for second reading.
The Senate had earlier debated the 2025 Appropriation Bill after it was mentioned for first reading focusing on critical issues of security, economic growth, and effective implementation of the ₦49.7 trillion budget.
Following robust discussions, the bill was passed for a second reading and referred to the Senate Committee on Appropriation for detailed legislative scrutiny.

During the debate, lawmakers highlighted the importance of security as a prerequisite for achieving the budget’s goals. Senator Orji Uzor Kalu emphasized the need to inject more funds into the manufacturing sector and development institutions like the Bank of Industry to stimulate economic growth.

Similarly, Senator Francis Adefadausi (Osun East) stressed that the 24% allocation for defense would be ineffective without tackling insecurity. He added that improved security would also boost agricultural productivity.

In agreement, Senator Diket Plang (Plateau Central) stated, “Without security, all items listed will not work, but with security in place, agriculture will enjoy a bumper harvest.”

Concerns about regional inclusiveness were also raised. Senator Victor Umeh (Anambra Central) decried the exclusion of the Port Harcourt-Maiduguri Eastern railway line from the budget and urged its inclusion during committee review. Likewise, other lawmakers flagged the omission of the South-South Development Commission and cautioned against fiscal policies that could escalate inflation.

Senator Ndubueze Patrick (Imo North) advocated for market-determined exchange rates instead of the proposed ₦1,500 naira-to-dollar peg, a position supported by Senator Sadie Usman (Kwara North), who called for prudent government spending.

The Senate President, Godswill Akpabio, commended the robust debate and announced the adjournment of plenary for the Christmas and New Year holidays. The lawmakers will reconvene on January 14, 2025, to continue legislative activities.

The 2025 budget, titled “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” aims to stabilize the economy, improve education, enhance infrastructure, and reduce inflation.
Senate Approves 2025 Budget for Second Reading
The Senate Leader Michael Opeyemi Bamidele (Ekiti Central), while leading the debate highlighted the ₦49.74 trillion budget’s potential to address Nigeria’s economic and infrastructural challenges.

Dubbed the “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” the proposal represents a nominal increase of 74.18% from the previous year, though it contracts by 23.22% in dollar terms due to the weakened naira.

Key projections include a $75 oil price benchmark, 2.06 million barrels daily production, and a ₦1,500 naira-to-dollar exchange rate. Sectoral allocations prioritize defense (₦4.91 trillion), infrastructure (₦4.06 trillion), education (₦3.52 trillion), and debt servicing (₦15.81 trillion).

Senator Bamidele praised the administration’s focus on stabilizing inflation, improving security, and boosting industrial output, describing the proposals as a bold step toward economic recovery.
The bill was referred to the Appropriation Committee for further legislative review.

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Senate

Oshiomhole blames Retired Generals, Influential Elites for Illegal Mining in Nigeria

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Adams Oshiomhole

Senator Adams Oshiomhole, Chairman of the Senate Committee on Interior, has decried the involvement of retired military generals and powerful elites in Nigeria’s illegal mining activities, which he described as a significant threat to the nation’s economy and security.

Speaking during the Senate Committee on Appropriation’s review of the 2025 Appropriation Bill on Friday, Oshiomhole exposed the sophisticated operations of illegal miners, alleging that these activities are heavily funded and orchestrated by influential figures, including former military officials, in collaboration with foreign entities.

“These illegal mining operations are not random or small-scale,” Oshiomhole revealed. “They are highly organized, with retired generals and their foreign collaborators at the helm. They arm the miners, use helicopters to transport extracted gold, and smuggle it out of the country, making billions of dollars while depriving Nigeria of critical revenue.”

The former Edo State Governor criticized the government’s inadequate response to illegal mining, comparing it unfavorably to the robust actions taken against oil bunkering in the Niger Delta.

“If we can deploy joint military task forces to combat oil bunkering, why are we lenient with illegal miners? It’s time to deploy the same level of force and ruthlessness,” he declared.

Oshiomhole also pointed out the devastating consequences of illegal mining, including insecurity, environmental degradation, and the weaponization of local groups to protect mining sites. He claimed that weapons used to secure mining operations often find their way into the hands of criminals engaged in banditry and kidnapping.

“Let’s be honest: some retired military officers and high-ranking officials are involved,” Oshiomhole stated. “We know where these illegal activities are happening and who is responsible. Yet, these individuals operate freely, enriching themselves while ordinary Nigerians suffer the consequences of insecurity and economic hardship.”

The senator emphasized that Nigeria’s solid minerals sector has the potential to significantly boost the country’s GDP if properly managed. “This sector could contribute up to 50% of our GDP, but currently, it accounts for a mere 0.05%. The problem is not a lack of resources but the lack of political will to enforce regulations and confront those behind these crimes,” he said.

Oshiomhole urged the Federal Government to increase funding for the Ministry of Solid Minerals Development to help harness the sector’s potential. Senator Sampson Ekong, Chairman of the Senate Committee on Solid Minerals Development, supported this call, recommending a capital budget of ₦539 billion, a significant increase from the ₦9 billion initially proposed by the executive.

Ekong noted that despite its inadequate funding last year, the ministry generated ₦37 billion in revenue, demonstrating the sector’s capacity for growth with proper investment.

Oshiomhole’s revelations and recommendations cast a spotlight on the urgent need for reforms in Nigeria’s mining sector. He called on the government to implement decisive measures, including deploying military task forces to mining areas, to dismantle illegal operations and bring their powerful sponsors to justice.

“The time for lamentation is over,” he concluded. “The government must act decisively to address illegal mining, enforce regulations, and harness our natural resources for the good of our economy.”

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Senate

Nigeria’s Biometric Census: A Bold Leap Toward Data-Driven Development

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After nearly two decades of relying on population estimates, Nigeria is poised for a paradigm shift with the Senate’s push for a biometric census in 2025. This landmark initiative aims to end years of planning with inaccurate data, setting the stage for Africa’s largest economy to embrace data-driven governance.

The urgency for this census stems from the critical role demographic data plays in shaping economic policies, resource allocation, and national development.
Senator Abdul Ningi captured the sentiment during a budget defense session with the National Population Commission (NPC), calling the reliance on foreign-sourced estimates “a national disgrace.” His sentiments were echoed by other lawmakers, including Senator Diket Plang, who stressed the need to align governance with reliable statistics.

At the heart of the proposed census is technology. NPC Chairman Hon. Nasir Isa Kwarra assured the Senate of a fraud-proof biometric system, noting its capacity to provide precise data on the population. “This technology ensures we count humans, not fishes or livestock,” he quipped, signaling a departure from past controversies around census credibility.

The biometric approach is expected to address Nigeria’s long-standing challenges with undercounting, fraud, and inflated figures tied to political and ethnic interests.
By linking individuals to unique identifiers, the process promises a transparent and verifiable headcount.

Beyond accuracy, the ₦18.2 billion proposed budget for the census reflects the commitment to innovative solutions, with substantial allocations for capital projects to support the biometric systems. Lawmakers not only approved the budget but emphasized the urgency of delivering on this promise to avoid further delays.

A reliable census is more than just numbers; it is the foundation of national growth. Accurate data will enable the government to address inequalities in resource distribution, develop targeted social programs, and foster private sector confidence.
As Nigeria grapples with complex challenges, from urbanization to security, the 2025 biometric census offers a critical opportunity to redefine governance.

As the countdown begins, the pressure is on the NPC to deliver a transparent and transformative census. With the support of the government, the initiative could set a precedent for other African nations, proving that technological innovation is key to tackling age-old challenges.
The 2025 census is not just about counting people—it is about empowering Nigeria with the data it needs to build a brighter future.

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Akpabio Decries Sycophancy in Governance, Advocates Genuine National Commitment

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Godswill Akpabio

Senate President Godswill Akpabio has delivered a sharp rebuke to sycophants within government, criticizing political appointees who prioritize personal gain over genuine service to the nation.
Speaking at an interactive session and retreat organized by the Senate Committee on Appropriation in Abuja, Akpabio urged government officials to embrace loyalty to Nigeria’s progress rather than to individual leaders.
The session, held as part of deliberations on the proposed ₦49.7 trillion 2025 budget, provided a platform for the Senate President to address what he termed “a culture of opportunism” in governance.
“They plan their moves, align their turns, and grow their pockets—but not the nation. This is a grave disservice,” Akpabio remarked. He condemned officials who only show diligence in the presence of their appointors—whether presidents or governors—but neglect their responsibilities when unsupervised.
Akpabio contrasted these behaviors with the dedication of a minority of appointees who consistently perform their duties regardless of political or hierarchical pressure. “When an appointee works with the same passion in the absence of their leader, it reflects loyalty to the country, not just self-interest,” he noted.
The Senate President’s comments underscored a systemic issue in Nigeria’s political landscape, where sycophancy and self-serving politics hinder governance and development. Akpabio called for a cultural shift, urging appointees to serve with integrity and prioritize national interests above personal ambitions.
Akpabio also took aim at uninformed public criticism, particularly on social media, of critical legislative processes such as budget reviews and tax reforms. He emphasized the need for Nigerians to engage meaningfully with legislative processes, contributing ideas rather than spreading ill-informed opinions.

“This is the forum for constructive input,” he said, referring to the budget hearing. “Social media is not a replacement for understanding the intricacies of governance. Our task is formidable but achievable, and we must approach it with informed determination.”

He described the proposed 2025 Appropriation Bill as a “Portal of Restoration,” highlighting its significance as a tool to ignite prosperity, secure peace, and build a more resilient economy.
The public hearing on the 2025 budget brought together lawmakers, ministry officials, and representatives from civil society to align fiscal priorities with national goals. Akpabio’s strong remarks emphasized the importance of accountability and collaboration in governance, advocating a collective effort to build a stronger and more united Nigeria.
“We are custodians of Nigeria’s destiny, and our responsibility is to rise above personal interests to shape a better future,” he declared.
The Senate President concluded by reaffirming the legislature’s commitment to a transparent and inclusive budget process aimed at sustainable growth, national unity, and economic resilience.

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