President Bola Tinubu has requested the National Assembly to approve an upward adjustment of Nigeria’s 2025 budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenue inflows. Tinubu’s request was contained in a letter separately addressed to the Senate and the House of Representatives. The letter was read by Senate President Godswill Akpabio on the floor of the red chamber on Wednesday. The President explained that the additional revenue would come from increased tax collections,...

The Lagos State government through the Hon. Sola Giwa, the Special Adviser to the Governor on Transportation  has warned motorists to desist from making illicit payments to touts  for illegal parking on bridges and other open spaces across Lagos State. This directive comes in response to reports indicating that private vehicle owners have been engaging in transactions with street urchins for unauthorised parking privileges at various locations within the metropolis. The Special Adviser underscored the...

A British-Nigerian politician, Florence Eshalomi has been appointed as the United Kingdom’s trade envoy to Nigeria. The appointment makes Eshalomi the second Nigerian to hold the position. The 44-year-old Eshalomi, an MP representing the Vauxhall and Camberwell Green constituency, holds a Bachelor of Arts (Hons) in Political and International Studies, with Law from Middlesex University. UK’s Business and Trade Secretary, Jonathan Reynolds, who announced the appointment in a statement, said the decision was aimed at...