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FG Directs MDAs To Defer 70% of 2025 Capital Budget to 2026

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Tinubu 2025 budget

By Adedapo Adesanya

The federal government has directed Ministries, Departments and Agencies (MDAs) to carry over 70 per cent of their 2025 capital allocations into the 2026 fiscal year.

The directive was contained in the 2026 Abridged Budget Call Circular issued by the Ministry of Budget and Economic Planning and circulated to ministers, service chiefs, and heads of agencies.

The circular said the government had adopted a new framework that caps all 2026 capital budget ceilings at 70 per cent of 2025 project allocations.

Only 30 per cent of this year’s capital budget will be released in 2025, while the remaining 70 per cent forms the foundation of next year’s capital spending.

The notice laid out strict guidelines for preparing next year’s spending plan, including a ban on introducing new capital projects, noting that the administration prioritises completing ongoing projects amid weak revenues and rising fiscal pressures.

It said MDAs must “upload 70 per cent of their 2025 FGN Budget to continue in FY2026” and ensure that all rollover items align with the administration’s priorities—national security, economic growth, education, health, agriculture, infrastructure, power, energy, and social safety nets.

The ministry said the policy is meant to prevent duplication, strengthen continuity and ensure that uncompleted projects are not abandoned, warning MDAs against attempting to exceed their 2025 overhead ceilings in their 2026 submissions, despite inflationary pressures.

“We are constrained by revenue challenges,” the circular said. “While we note the impact of inflation, proposals that exceed approved ceilings will be adjusted downward.”

The directive said the 2026 budget must reflect the strategies in the Medium-Term Expenditure Framework (2026–2028), the Renewed Hope Infrastructure Development Plan, the Ward Development Plan and the National Development Plan, as well as the Accelerated Stabilisation and Actualisation Plan.

MDAs must submit their budgets through the GIFMIS Budget Preparation Subsystem, while government-owned enterprises will submit via the Budget Information Management and Monitoring System. All submissions must be completed by Tuesday, December 9, 2025.

Statutory transfers are projected to drop from N3.64tn in 2025 to N3.15 trillion in 2026, while recurrent non-debt expenditure is estimated at N15.26 trillion.

Debt service obligations are set to rise sharply from N13.94 trillion this year to N15.52 trillion in 2026.

Aggregate capital expenditure is projected at N22.37 trillion, down from N26.19 trillion in 2025. Capital allocations for MDAs fall from N12.39 trillion to N8.67 trillion, while project-tied loans will shrink from N3.36 trillion to N2.05 trillion.

The deficit widens significantly to N20.12 trillion in 2026, from N14.10 trillion in the current year.

Personnel costs have already been computed using data from IPPIS and earlier submissions, the circular noted. Each ministry will be informed of its personnel cost ceiling for 2026.

The financial projections accompanying the circular show a more constrained revenue outlook for 2026.

Total funds available to the Federal Government, including GOEs, are projected at N54.46 trillion, down slightly from N54.99 trillion in 2025.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Tinubu Must Ask Whereabouts of Missing N2.9bn from NIGCOMSAT, NNRA—SERAP

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SERAP Tinubu

By Adedapo Adesanya

President Bola Tinubu has been tasked to ensure that an alleged missing N2.9 billion of public funds from the Nigerian Communications Satellite Limited (NIGCOMSAT) and the Nigerian Nuclear Regulatory Authority (NNRA) is accounted for.

In a statement on Sunday, the Socio-Economic Rights and Accountability Project (SERAP) said the President must ask the Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, to explain what happened to the money, as the two agencies are under his supervision.

The group said the Attorney General of the Federation and Minister of Justice, Mr Lateef Fagbemi (SAN), should investigate the missing funds or any other diverted funds from the agencies documented in the previous annual reports by the Auditor-General.

According to the statement, the allegations were documented in the latest annual report published by the Auditor-General on September 9, 2025.

SERAP argued that these allegations, involving critical public institutions, represent a grave violation of the public trust and a fundamental breach of Nigeria’s anti-corruption laws and international obligations.

“We’ve urged President Bola Tinubu to direct @bosuntijani, Minister of Communications, Innovation and Digital Economy, and the Management of both the Nigerian Communications Satellite Ltd (NIGCOMSAT) and the Nigerian Nuclear Regulatory Authority (NNRA) to account for and explain the whereabouts of the alleged missing or diverted N2.9 billion of public funds from NIGCOMSAT and NNRA.

“We also urged him to direct Mr Lateef Fagbemi, SAN, the Attorney General of the Federation and Minister of Justice and anti-corruption agencies to investigate the alleged missing or diverted funds, and any other diverted public funds from the two agencies documented in previous annual reports by the Auditor-General,” the organisation said.

The rights group stressed that anyone found responsible should be prosecuted where sufficient admissible evidence exists, adding that any missing or diverted public funds must be fully recovered and returned to the treasury.

“Anyone suspected to be responsible should face prosecution as appropriate, if there is sufficient admissible evidence, and any missing or diverted public funds should be fully recovered and remitted to the treasury,” the statement added.

“Accountability in NIGCOMSAT and NNRA is critical given their strategic roles in Nigeria’s digital economy and national safety systems. Mismanagement in these agencies not only wastes scarce public resources but also threatens national development, technological progress, and public safety,” it concluded.

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IHS Nigeria Revamps National Museum Lagos

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National Museum Lagos IHS Nigeria

By Dipo Olowookere

The National Museum in Lagos is wearing a new look, thanks to IHS Nigeria, a member of the IHS Holding Limited, which bankrolled the renovation of the facility.

The company, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, also ensured facilities at the museum were upgraded for the use of members of the public.

IHS Nigeria collaborated with the National Commission for Museums and Monuments to give the facility a facelift.

The overall aesthetic appeal of the museum site was improved, with an extensive restoration of the main gallery, which incorporates the installation of modern display and lighting systems, air‑conditioning units, a solar inverter system to enhance energy efficiency, and surveillance cameras to aid safety, security and operational performance across the facility.

The Minister of Art, Culture, Tourism and the Creative Economy, Ms Hannatu Musawa, at the commissioning, praised the organisation for supporting the long-term preservation of Nigeria’s cultural assets and heritage.

The Director General of the National Commission for Museums and Monuments, Mr Olugbile Holloway, also thanked IHS Nigeria for the renovation, saying the gesture goes far beyond bricks and mortar, as it is a profound commitment to preserving the soul of the nation.

“The National Museum Lagos is home to some of Nigeria’s most treasured antiquities, from the ancient terracotta of the Nok civilisation to the magnificent bronzes of the Benin Kingdom and the classical works of Ife.

“To restore this institution is to restore our collective memory. We thank HIS Nigeria for choosing to renew not just infrastructure, but the heritage, identity, and hope of our people.

“Their support ensures that generations of Nigerians yet unborn will walk through these halls and encounter the full greatness of who we are and where we come from,” Mr Holloway said.

In his remarks, the chief executive of IHS Nigeria, Mr Mohamad Darwish, said, “Having seen the rich historical and cultural heritage housed in this national museum complex, we believed it was important to go a step further after supporting the development of the digital museum, to also improve the aesthetics, security and structural integrity of the main physical complex.

“This aligns with our broader commitment to sustainable infrastructure development and the preservation of Nigeria’s history. I am proud of these renovations and that visitors, including tourists, researchers and art enthusiasts, can visit the museum to be immersed in Nigeria’s rich history in an environment that is safe, beautiful and welcoming.

“The artefacts can also now be better preserved, protected and presented in a way that celebrates the history they represent. I thank the National Commission for Museums and Monuments for this ongoing partnership, which continues to exemplify the power of a collaborative effort in driving innovation, fostering national pride, and enhancing the creative economy.”

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Kebbi Attack Claims 44 Lives Across Eight Communities

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kebbi attack

By Adedapo Adesanya

The Kebbi State Police Command says 44 people were killed following a coordinated attack on eight communities in Shanga Local Government Area of the North-Western state.

The affected villages include Gebe, Kalkami, Kawara, Kasoshi, Awaye, Tungar Rini, Binuwa, and Dabe.

In a statement issued on Friday, the Kebbi Police Command Public Relations Officer, Mr Bashir Usman, said it launched a statewide clearance operation.

Mr Usman said the operation followed the directive of the Inspector-General of Police (IGP) Olatunji Disu, aimed at preventing further banditry and violent crimes across the state.

The police stated that massive deployments of police personnel and other security agencies have been made to the affected communities, leading to the return of relative calm.

The command added that discreet investigations have commenced into the attack.

The ongoing clearance operation, according to the police, is targeting high-risk areas such as farmlands, forests, border communities, and remote settlements.

It also includes coordinated patrols, intelligence-led stop-and-search operations, and joint actions with other security agencies.

As part of the operation, the police said two AK-47 rifles were recovered along the Illo-Kamba axis, describing it as evidence of the effectiveness of intelligence-led policing.

The Commissioner of Police in the state, Mr Umar Hadejia, called on residents to remain vigilant and cooperate with security agencies by providing timely and credible information.

Mr Hadejia also urged traditional rulers, community leaders, religious bodies, and youth groups to support ongoing efforts to restore peace and strengthen security across the state.

Residents had reportedly appealed to President Bola Tinubu and Kebbi State Governor Nasir Idris to take decisive action to restore security in the area and enable displaced residents to safely return to their homes.

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