Featured post

🌟 Regina Daniels Buys a New Mansion in Lagos: A Symbol of Power, Independence, and Growth Nollywood

-
Image
Nollywood actress and billionaire’s wife, Regina Daniels, has once again captured the attention of fans and the media after unveiling her new mansion in Lagos. The young actress, who has steadily built a reputation as one of the most influential women in Nollywood, took to her Instagram page to share photos and videos of her stunning new home, describing it as a personal milestone that signifies independence, success, and self-worth. 🏡 “In My House, I Am a Queen” — Regina Declares Regina Daniels accompanied her post with the caption: “In my house, I am a Queen! I needed a roof over my head, so I got this for me and my family.” The post quickly went viral, drawing thousands of congratulatory messages from fans and fellow celebrities. The actress, known for her luxurious lifestyle and soft-spoken personality, showcased the elegant details of her new Lagos mansion — from its modern architecture to its tastefully designed interiors. 💎 A House That Speaks Class The new propert...
Post a Comment

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

Post a Comment

Popular posts from this blog

BBNaija Season 10: Danboskid and Ibifubara Become First Evictees

-
Image
The tension in the Big Brother Naija Season 10 house reached new heights on Sunday night as two housemates, Daniel Olatunji , popularly known as Danboskid , and Ibifubara Davies , became the first to be evicted from the “Ten Over Ten” season. During the live eviction show, hosted with all the glitz and suspense that BBNaija fans have come to expect, Danboskid was the first to be shown the door after polling the lowest percentage of votes from viewers. He managed only about 0.65% of the total votes. Moments later, Ibifubara followed, having secured roughly 0.325% , sealing her fate as the second housemate to leave. The double eviction shocked some fans but also served as a reminder of the intense competition inside the house. Both evictees had brought their own unique personalities to the game—Danboskid, with his lively energy and humor, and Ibifubara, known for her calm yet strategic approach. Unfortunately, their fan base wasn’t strong enough to keep them in the running for the cov...
Read more

🍲🔥 BBNaija Food Fight! Big Soso and Ivatar Joanna Clash Over Missing Ingredients in Biggie’s House!

-
Image
Tensions Rise in the House Over Food Dispute – BBNaija S10 Drama hit the Big Brother Naija Season 10 house today, August 8, 2025, as a serious disagreement broke out over food, causing tension among housemates and stirring reactions across social media. The clash began when Big Soso accused fellow housemate Ivatar Joanna of hoarding key food ingredients meant for group meals. According to Big Soso, Joanna had been “secretly setting aside meat and seasoning cubes,” a claim Joanna strongly denied. The situation quickly escalated as voices were raised and other housemates joined the fray, choosing sides and contributing their opinions. What started as a minor food-sharing issue snowballed into a heated verbal exchange that disrupted the house’s usual morning routine. Big Brother , monitoring the situation closely, issued a stern warning to both Soso and Joanna, reminding all housemates of the need to maintain peace and respect within the house. Several housemates attempted to calm ...
Read more

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

-
Image
Nigeria is embarking on a bold journey to transform its energy landscape, and at the heart of this transformation is the Midstream and Downstream Gas Infrastructure Fund (MDGIF) . Established under the Petroleum Industry Act (PIA) of 2021 , the MDGIF is now one of the most ambitious initiatives in Africa’s energy sector, designed to drive investment in gas infrastructure, reduce harmful gas flaring, and make energy more affordable for everyday Nigerians. Over the past year, the MDGIF has moved from a concept on paper to a funding powerhouse, supporting over 16 companies to develop gas-related projects that could reshape how Nigeria produces, transports, and uses energy. With a clear focus on infrastructure development, this initiative promises not only to reduce the country’s dependence on petrol but also to boost economic growth, create jobs, and cut energy costs for millions. A Vision Backed by Investment Gas is increasingly seen as the future of energy in Nigeria. The country h...
Read more