Featured post

Peter Okoye Defends His Children Over French Language Criticism, Says He Is Proud of the Opportunities They Have

Image
Popular Nigerian singer Peter Okoye , better known as Mr P of the legendary music duo P-Square , has responded to critics who questioned why his children speak French fluently. The singer made it clear that he has no regrets about exposing his children to multiple languages and cultures, stating that he is proud of the opportunities he has been able to provide for them. The issue began after a video of Mr P's children speaking French circulated on social media. While many fans praised the children's confidence and language skills, others criticized the family, suggesting that the children should focus more on speaking Nigerian languages . Rather than ignore the comments, Mr P took to social media to defend his family. The singer explained that giving his children access to quality education and international exposure has always been one of his priorities as a father. According to him, learning French is an advantage in today's world and should be celebrated rather tha...

Senate Extends 2024 Capital Budget Implementation to December 2025

 


In a move that has sparked mixed reactions across Nigeria’s political and economic spheres, the Senate on Tuesday, June 25, approved the extension of the implementation of the 2024 capital component of the national budget till December 31, 2025. This significant development was announced during plenary, following President Bola Ahmed Tinubu’s request to ensure continued financing of critical infrastructure and development projects across the country.

Originally, the capital budget was set to lapse by June 30, 2025. However, citing slow releases of funds and the need for full utilization of appropriated capital allocations, lawmakers saw it fit to prolong the deadline. This decision is expected to offer ministries, departments, and agencies (MDAs) more time to execute key capital projects without the fear of budget expiration.

Senate Leader, Opeyemi Bamidele, who presented the proposal, emphasized the importance of the extension for ensuring that vital infrastructure projects such as road construction, power facilities, education improvements, and health sector upgrades do not stall mid-execution. The extension will also support Nigeria's economic recovery and growth plan, which aims to stimulate jobs and boost public investment.

While some analysts welcomed the decision as a practical move to ensure better fiscal management, others have raised concerns about potential misuse of extended timelines to cover lapses in project delivery or increase corruption loopholes. Transparency advocates are urging the National Assembly and relevant monitoring agencies to ensure strict oversight and accountability throughout the new implementation period.

The extension signals a shift in Nigeria’s budgeting culture, moving toward more flexible but results-driven timelines. It remains to be seen whether this move will translate to tangible development on ground or just another bureaucratic adjustment. Nigerians will be watching closely as the extended budget unfolds in the coming months.

— Luchiinter.blogger.com

Comments

Popular posts from this blog

“Powering Nigeria’s Future: How Gas Investments Are Cutting Costs and Driving Growth”

Dubai Jails Nigerian Lady For Filming Maltreatment, Family Kicks

Title: MultiChoice Nigeria Fined ₦766 Million for Data Privacy Violations