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BREAKING: Senate increases budget to N10.729trn

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The Senate on Thursday passed the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) submitted to it by President Muhammadu Buhari last week.

This followed the presentation and consideration of the report of the Senator Solomon Adeola-led Senate Committee on Finance by the Red Chamber in Abuja.
The upper chamber increased the proposed nation’s budget for 2020 from N10.002tn to N10.729.4 tn
The Senate also increased the oil benchmark from $55 per barrel to $57 per barrel, representing a $2 increase.

The Senate also increased the 2020 revenue target by the Nigeria Customs Service (NCS) by N557.4billion, that is, from N942.6 billion to N1.5trillion.

It however retained the exchange rate at N305 per dollar and oil production benchmark at 2.18mbpd as proposed in the MTEF/FSP by the executive.

The Committee also recommended the adoption of N1.5 trillion as the amount for new borrowing by the Federal Government in 2020, as a result of reduction of N200 billion which was sourced from the increase of revenue target of the Nigeria Custom Service.

The Committee further called for an urgent review and amendment to the Fiscal Responsibility Act (FRA Act) and the various laws of the revenue generating agencies to align with current realities.

This information form part of the recommendations of the National Assembly Joint Committee on Finance report on 2020-2022 MTEF/FSP which was considered by the Senate in Abuja on Thursday.

The Committee’s recommendations which were approved by the Senate are as follows:

“Following intensive engagement with NNPC and relevant information obtained during the session, the Committee recommends the adoption of 2.18mbpd as daily production output in 2020. In view of concerted effort by NNPC and security agencies the menaces of oil theft and vandalization, the 2.18mbpd would be realizable.

“The Committee recommends the adoption of $57/barrel as crude oil benchmark price for the fiscal ear 2020.

“The revenue target of Nigeria Customs Service (NCS) of N942.6 billion for 2020 should be increased to N1.5 trillion, as a result of the performance of NSC in last 9 months with 3 months still outstanding.

“The NCS revenue as at September stood at N1 trillion against the budget figure of N969. 8 billion for the year 2019. The Joint Committee commends the NCS for exceeding the targeted revenue despite the global economic challenges and closure of the Nigerian boarders.

“The sum of N557.4 billion from the revenue increment of NCS be used to reduce borrowing by N200 billion and increase capital expenditure thereby decreasing the size of the budget deficit from N1.7 trillion to N1.5 trillion and also increase the total capital available to MDA by N357 billion, from N1.01 trillion to N1.367 triilion.

“The exchange rate of N305/$ should be maintained for economic stability. While more work should done by the Honourable Minister of Finance and all economic advisers and her team on improving the economic growth by increasing the GDP and reducing the inflation rate to single digit.

“The saving on income accruing from the increase of the benchmark amounting to N172 billion which represent the Federal government potion of the $2 added to the benchmark be used to pay salaries and emolument of the proposed 30,000 new employees.

“Proper investigation be carried out on the e-collection stamp duties domicile with Central Bank of Nigeria for the past years so as to show probity and accountability and of course increase the revenue base of the country.

“Immediate amendment of the National Assembly Act on Production sharing Contracts (PSC) with lOCs. Proper investigation be carried out on NNPC so as to ascertain the actual cost associated with the Joint Venture agreements.

“More Government Owned Enterprises budget be added to the nation’s budget to ensure proper checks and balances among all Federal Government agencies.

“Debt Management office (DMO) should put more efforts and strategies in managing the foreign and local debts.

“Total estimated expenditure of the Federal Government should be increased from N10.002 trillion to N10,729.4trillion.

“National Assembly should expedite action on the passage of the finance bill which will be brought along with the National Budget into Law for easy implementation of the 2020 budget, most especially in the area of VAT.

“The Committee calls for an urgent review/amendment to the FRA Act and the various Laws of the revenue generating agencies to align with current realities.

“The Committee recommends earmarking 1% of the Consolidated Revenue Fund to finance the Basic Healthcare Provision Fund to be classified as Statutory Transfer.

“The Committee recommends the adoption of N1.5 trillion as the amount for New Borrowing as a result of reduction of N200 billion which was sourced from the increase of revenue target of the Nigeria Custom Service.

“However borrowing must be project tied. ln borrowing more government must remain focused and ensure that it used to fund critical projects that will increase productivity and contribute to finance financing such debt.”

The Nation

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Enugu State Govt Condemns Murder of Catholic Priest, Places ₦10 Million Bounty on Killers

…Commiserates with family, Catholic Church

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Peter Ndubuisi Mbah

The Enugu State Government has strongly condemned the gruesome murder of Rev. Fr. Mathew Eya of Nsukka Catholic Diocese by unknown assailants.

The government also commiserated with the late priest’s immediate family, the Catholic Diocese of Nsukka, and indeed the Catholic faithful in general over the tragic incident, which occurred on Friday, September 19, 2025.

In a statement issued by the Commissioner for Information and Communication, Dr. Malachy Agbo, the government described the action as cowardly and cold-blooded.

Father Eya was said to have been shot dead by a group of assailants, who attacked and killed him along Alumona- Eha Ndiagu road in Nsukka Local Government Area of Enugu.

The government has, therefore, reiterated that security of lives and property remains its priority and vowed to bring the perpetrators to justice.

It added that it would not spare any resources within its reach, including technology and credible intelligence to track down the criminals and defeat the remnant agents of evil in the state.

Consequently, the Enugu State Government has placed a ₦10 million reward for anyone with credible information that could lead to the arrest of the perpetrators of the heinous crime.

Anybody with credible information about the perpetrators should quickly contact 07077451426. 

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IPI Raises Alarm over Rising Media Repression in Nigeria

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International Press Institute - IPI
L-R: President, International Press Institute (IPI) Nigeria, Musikilu Mojeed; Director General, Voice of Nigeria (VON), Jibrin Baba Ndace; immediate past Director, Digital Media, VON, Hajia Sani; retired News Agency of Nigeria (NAN) staff, Ameena Sani; Senior Special Assistant on Media and Publicity to President Muhammadu Buhari, Garba Shehu; and former President of the Nigeria Union of Journalists (NUJ), Abdulwaheed Odusile, during a dinner organised on Saturday in Abuja by some members of IPI Nigeria in honour of Hajia Sani, who recently retired from VON.

The International Press Institute (IPI), a global body committed to protecting press freedom and the free flow of information, has raised concern over the recent cases of media repression in the country.

Mr Musikilu Mojeed, president, IPI Nigeria, raised the alarm at a dinner organised by the institute, to honour one of its members and a retired Director, Digital Media, Voice of Nigeria (VON) Hajia Hadiza Hussaina Sani in Abuja on Saturday.

The News Agency of Nigeria (NAN) reports that the dinner was organised to honour the media icon for her dedication and service, after clocking mandatory retirement age of 60 years.

NAN also reports that the identical twin sister of the celebrator, Hajia Ameena Hassana Sani, equally retired meritoriously from the service of the agency (NAN) as a Director.

Speaking at the event, Mojeed, Editor-in-Chief, Premium Times, cited the recent “disturbing” instances of banning of live political programme in Kano State and the arrest of a journalist in Ekiti State.

“Akwa Ibom State Government recently evicted Channels TV crew, a journalist and a cameraman, from the press centre inside Government House, Uyo.

“The repressive action was taken, over the publication of a video clip, where the governor, eventually confirmed he is defecting from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).

“A journalist with FIJ, Sodiq Atanda was recently arrested by the police in Ekiti State.

“A former “ThisDay” employee, Azuka Ogujiuba, was reportedly arrested and harassed by the Police for doing her job.

“Every single day you wake up, it is one form of harassment or the other against the media,” he said.

Mojeed, called for continued advocacy to protect press freedom and promote independent journalism.

He stressed that, efforts to protect journalists’ rights and promote independent journalism are crucial in Nigeria’s media landscape.

Mojeed said Sani’s retirement came at a critical time when the media sector in Nigeria is facing numerous challenges, including harassment, arrests, and censorship.

He noted Sani’s significant contributions to IPI Nigeria, including her role in organising its World Congress in Nigeria in 2018, as well as her subsequent active participation in various committees.

Mojeed appealed to the celebrator to continue advocating for press freedom and supporting the work of IPI Nigeria, emphasising that her expertise and experience are invaluable to the organisation.

The Director-General, VON, Mallam Jibrin Ndace, expressed gratitude to IPI Nigeria for recognising Sani’s contributions, stating that the gesture also reflected positively on the entire VON team.

He described Sani as a professional journalist who seamlessly transitioned from traditional journalism to modern digital practices, leading the digital department with innovation.

According to the DG, Sani’s leadership in the digital space, kept VON at the forefront of public media institutions and global competitiveness.

He commended her experience, passion, and love for journalism, which he said, enabled her to excel in her role and serve as a role model for younger journalists.

The VON DG emphasised that, “journalism is a marathon, not a sprint”, and Sani’s long-standing career is a testament to her dedication and commitment to the profession.

Mr Garba Shehu, s spokesman to late President Muhammadu Buhari, described the retirement of Sani as a significant loss for the organisation but a potential gain for other sectors of the journalism profession.

Shehu praised her, as “a strong and young professional with much to contribute to journalism”.

He highlighted her unique qualities, particularly her social responsibility, selflessness, and commitment to helping others to succeed.

According to him, Sani embodies the principles of servant leadership, a concept often touted by politicians but rarely exemplified.

“Her legacy as a role model for young journalists and a champion of socially responsible journalism will continue to inspire others in the field,” he said.

Abdulwaheed Odusile, former President of the Nigeria Union of Journalists (NUJ), commended Sani’s dedication and expertise, which he said, have earned her recognition and respect in the industry..

On her part, Sani expressed gratitude to God and her family for their support throughout her 34 years career in public service.

While reflecting on the challenges and rewards of her time in service, she highlighted the importance of dedication, clear vision, and family support.

Sani emphasised the need for media professionals to adapt to new technologies and appreciate their impact on the industry and the society

She stressed that, telling a good story starts with understanding oneself and one’s audience.

Despite retiring from active public service, she assured to remain active in the media space, pursuing research, teaching, writing, and lecturing.

“It has been a very difficult, challenging, interesting and rewarding 34 years in service.

“It’s not easy. You have new and great ideas, but some people don’t understand, so they find it a bit difficult to agree with you.

“But if you are consistent, if you have a clear vision of what you want to achieve, and you are dedicated and resolute, the sky is not the limit.

“I have pulled out from active public service, but have not retired. My brain is still exceptionally active, and I plan to utilise it.

“I’ll be doing a lot of research work and writing, and I won’t get tired of seeing myself in the media space,” she said.

NAN reports that Sani’s dedication to her work and her commitment to excellence have been hallmarks of her career, which started with the Nigeria Television Authority (NTA) before joining VON.

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Naija Times celebrates 5th anniversary, launches nonprofit arm to promote quality journalism and social impact

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Naija Times
EHI BRAIMAH, founder of Naija Times

Naija Times, Nigeria’s leading independent online newspaper, proudly celebrates its 5th anniversary.

To mark this milestone, the management is excited to announce the launch of Naija Times Journalism Foundation, its nonprofit arm, reinforcing its commitment to quality journalism and social impact.

Founded on September 15, 2020, by Ehi Braimah, a notable PR expert and media personality in Nigeria, Naija Times has delivered high-quality, unbiased, and informative content to its readers. Akpandem James and Jahman Anikulapo – two senior and highly respected journalists – are Braimah’s co-founding partners of Naija Times.

The newspaper covers politics, business, health, education, culture, and sports, while its regularly published editorials provide sharp insights into Nigeria’s pressing issues. The newly launched website, www.ntm.ng to mark the anniversary, offers a seamless, user-friendly experience, making it easier for readers to navigate the website and access Naija Times’ diverse content.

On its 3rd anniversary two years ago, Naija Times launched the book, ‘For a Better Society,’ a compilation of editorials published from September 2020 to July 2023 in Abuja, further solidifying its role in shaping public discourse.

Naija Times Journalism Foundation, accessible at www.ntjfoundation.org, expands the organisation’s mission by supporting investigative journalism on critical social issues, promoting media literacy to educate the public on evaluating information and combating misinformation, and empowering community development through initiatives that foster social cohesion and economic empowerment.

“We are proud to celebrate five years of delivering credible journalism to our readers,” said Braimah, founder and publisher/editor-in-chief of Naija Times.

“Five years ago, we launched Naija Times with the following goals in mind: build strong institutions, promote transparency and accountability in public spending, uphold the rule of law, and defend the public interest.

“Together with my colleagues, we remain committed to building an egalitarian society that is founded on equity, justice and respect for fundamental human rights. The launch of Naija Times Journalism Foundation represents a bold step forward in our mission to drive social impact and elevate journalism practice in Nigeria.”

Naija Times Journalism Foundation is a knowledge production and journalism innovation hub dedicated to strengthening democratic governance and promoting inclusive development and accountability by empowering a vibrant and free press in Nigeria, Africa and Black Diaspora.

The Foundation’s Programmes Officer is Hart Onoboh, a seasoned programmes and communications professional with over five years’ experience, driving impactful development projects in Nigeria.

Hart has a robust background in strengthening democratic governance, combating misinformation, and facilitating community-based interventions.

Previously a fact-checker and visual communications officer at the Centre for Democracy and Development (CDD-West Africa), he led initiatives to counter misinformation and promote electoral integrity, training over 25 fact-checkers across four states in Nigeria.

Hart is currently pursuing a Master’s degree in Information Management at Ahmadu Bello University, Zaria, and he brings technical expertise, creative communication, and field experience to the Foundation’s advocacy and governance initiatives.

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