News
Reps reject Tinubu’s N4.78bn yacht, pass supplementary budget
The House of Representatives has rejected the N4.79bn budgetary allocation for a presidential yacht contained in the N2.176trn supplementary budget for the 2023 financial year transmitted to it on Tuesday by President Bola Tinubu.
In passing the supplementary budget on Thursday, the House moved the sum proposed for the yacht to student loan, bringing the total sum for the scheme to N10bn up from the initial N5.5bn.
Abubakar Bichi, who heads the House Appropriation Committee, stated this while addressing journalists after plenary on Thursday.
“As far as we are concerned, we don’t need the presidential yacht anymore.
“We have increased the student Loan. If you can recall, the student loan was N5 bn in the budget, but now we have increased it from N5bn to N10bn so that our students will be able to access that facility for them to be able to go to school and to be able to afford them,” the lawmaker said.
Bichi added that the committee increased the budgetary allocation of the Ministry of Defence from the initial allocation of N476bn to N546bn.
According to him, the four-month wage award of N210bn for workers was considered and approved for onward transmission to the President for implementation.
He pledged adequate legislative oversight to ensure 100 per cent implementation.
The sum of N100bn was retained for the Federal Capital Territory as requested.
The lawmaker said, “Today, our committee has submitted our report, and the House after careful consideration, approved our submission and the breakdown is as follows:
“As you know, the budget is about N2.177 trn and the Ministry of Defence has N456bn but currently, they have the largest share because we know how important our security is. As you are aware, we interacted with them yesterday and they requested additional funding so that they can continue their work.
“So, we have increased their budget from N476 to N546bn.
“Then Police Formation and Command, we gave them N50bn while the FCT has about N100 bn. You know FCT is very important to us because we want to make sure FCT can compete with any city in the world.
“Office of the National Security Adviser, we know how important that office is. Initially, the allocation was N27bn but currently, we have increased their budget to N50bn.
“The initial budget for the State House was N28bn and we still maintain their figure at N28bn as well.
“Ministry of Agriculture, you know how important that ministry is, you are talking about food security, and of course, it’s critical to our people across the nation.
“So, we have maintained their initial figure of N200bn as well.
“You know how serious the housing deficit in this country is and in Mr President’s agenda, he wants to build as many houses as he can. So, we have approved N100 bn for the Ministry of Housing.”
The Thursday approval of the supplementary budget followed the consideration and approval of the report of the Committee on Appropriations.
The report titled, “A Bill for an Act to authorise the issue from the Consolidated Revenue Fund of the Federation the total sum of N2,176,791,286,033 for the year ending 31 December 2023” was laid by Bichi.
Tinubu, in a letter addressed to the Speaker of the House of Representatives on Tuesday, asked the lawmakers to speedily pass the supplementary budget to aid the government in dishing out palliatives and other essential services to Nigerians.
As a result, the executive bill (budget) was slated for a second reading and it was passed and referred to the Committee on Appropriations for further legislative action.
Out of the total of N2.176 trn approved, N18 billion is for statutory transfers, N992.8bn is for recurrent (non-debt) expenditure while the sum of N1.165 trn is for contribution to the Development Fund for capital expenditure.
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 13th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1520 and sell at N1550 yesterday 13th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 11th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1525 and sell at N1550 yesterday 12th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
Amidst swirling rumors surrounding Oseloka Obi, the son of Peter Obi, the Labour Party’s presidential candidate for 2023, a new twist has emerged regarding persistent allegations about his gender identity.
In response to a flurry of speculation, Oseloka has taken a stand against the viral claims connecting him to homosexuality, which were sparked by the circulation of photographs featuring him alongside Kent Okwesa, a British-Nigerian based in London. Click link to continue reading.
“We’ve lost two games in a row, it’s not good enough, it’s way too bad,” he said, speaking to Viaplay in Norway. “We need to figure it out, get back to winning ways.
Pep Guardiola’s side are in the bottom half of the Premier League table heading into the clash having lost back-to-back matches against Tottenham and Brighton before the international break. Click link to continue reading.
The General Superintendent of the Deeper Christian Life Ministry, Pastor William Folorunsho Kumuyi, has announced a series of changes to some of the long-standing rules of the church, saying many of them were never scriptural but were introduced for administrative purposes.
Pastor Kumuyi, widely regarded as one of the most influential church leaders in the world, is the founder of Deeper Life Bible Church, which began in 1973 as a small Bible study group in Lagos.
Over the decades, the ministry has grown into a global Christian movement. The Lagos headquarters alone attracts over 120,000 worshippers weekly, placing it among the five largest single congregations worldwide. In Nigeria, the church boasts more than one million members with over 5,000 branches, and a further 3,000 branches spread across Africa, Europe, and North America.
Speaking at the church 2025 Global Family and Marriage Conference, Pastor Kumuyi announced modifications to certain marriage rules that had long been regarded as doctrinal. He clarified that many of these practices were never rooted in the Bible but were merely administrative guidelines designed to provide structure.
One of the major changes is the cancellation of the restriction that prevented a lady from visiting her suitor before marriage. According to Kumuyi, intending couples may now visit each other during courtship, provided they are accompanied by an elder. The long-held six-month mandatory courtship period has also been scrapped. “We just felt you need some time to know one another. And then we said one month will be too short, two months too short. So, why not six months? But it is not from the Bible,” he said.
He stated the importance of Christians being able to distinguish between God’s commandments and church traditions.“As a Christian, you need to be so mature that you know the difference between the law of God and the principles in the church. Six months is all right, but it’s not something inflexible. If we change it to three months, we’re not changing the Bible, because six months is not in the Bible,”
Pastor Kumuyi also clarified the role of marriage committees in Deeper Life, noting that their purpose was to provide guidance and not to exercise authority beyond what is written in the scriptures. “There’s no marriage committee in the New Testament. We created it to help you, not because we can give you a chapter and a verse. It is church administration,” he stated.
These changes are seen by people as another step in the ongoing review of church practices that many members and outsiders have often considered too strict. Since founding the church has faced both admiration and criticism for its distinct doctrines. Some of its earlier beliefs and practices have either been misinterpreted or have since evolved:
Technology Use: The church, which once opposed television and modern gadgets, now embraces media and social platforms for evangelism.read the gospel.
Marriage Rules: Inter-church marriages are now accepted, provided the partner is from a Bible-believing church with a holy standard of living.
Dress Code: The church still emphasizes modesty, but women no longer have to tie scarves at all times, and men are not strictly bound to suits.
Medical Treatment: While rumors once suggested Deeper Life discouraged hospital visits, today members are encouraged to seek proper medical care when needed.
Christmas Celebrations: Although many members spend Christmas at church camps, the church has clarified that celebrating Christmas is not forbidden.
Other misconceptions, such as supposed food restrictions or claims that Pastor Kumuyi had relocated to the UK, have also been dispelled.
Through these reforms, Pastor Kumuyi is reinforcing his long-held belief that while order is necessary in the church, it must never be mistaken for scripture.
Source: City People
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 11th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1530 and sell at N1550 yesterday 11th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
2027 Election: What Nigerians Should Know If Jonathan Wins Against Tinubu (FULL LIST)
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 14th September 2025
2027 Election: Why Many Northerners Are Changing Their Mind About Tinubu’s 2nd Term Bid
ANGRY IGBOS: What Tinubu Has Done For The South East In Just 2 Years In Office
FULL LIST: 20 States Tinubu May Likely Lose To Jonathan, Atiku In 2027 Election (SEE MAP)
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 13th September 2025
EXPOSED: Truth About Peter Obi’s Son Revealed, Close Friend Speaks
MANCHESTER DERBY: Erling Haaland Vows To Revenge Against United
2027 Election: Why It Would Be Difficult For Tinubu – Fresh Analysis Predicts Possible Results
REVELEAD: Why Pastor Kumuyi Is Changing Some Deeper Life Principles
Sports4 days agoEXPOSED: Osimhen fakes injury for Nigeria – Asamoah Gyan
- Spotlights4 days ago
National Grid Collapses Again, Breakdown of 11 Affected States Emerges
- Politics4 days ago
EXPOSED: Jonathan/Bala Mohammed campaign posters flood internet ahead 2027
- Politics5 days ago
FRESH BATTLE: Natasha, Akpabio In Another Face-Off As Senate Send Strong Warning Over Resumption; Gives Reason
- Politics3 days ago
2027 Election: ADC Dumps Obi, Amaechi As party Set To Persuades Atiku Over Jonathan
- Politics5 days ago
2027: Prophet Sends Strong Warning To Jonathan Over Dark Decision ‘Listen To Your Wife Or…’
- Spotlights4 days ago
Naira Crushes Dollar Again As New Rate Emerges
