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Opposition Warns Tinubu’s ₦58.18tn Budget Will Worsen Debt, Hardship
Major opposition parties have raised strong objections to President Bola Tinubu’s proposed ₦58.18 trillion 2026 budget.....TAP TO CONTINUE READING
They warned that the spending plan could deepen Nigeria’s debt crisis and increase the hardship already faced by citizens.
The criticism followed the presentation of the 2026 Appropriation Bill to a joint session of the National Assembly.
President Tinubu described the proposal as the “Budget of Consolidation, Renewed Resilience and Shared Prosperity,” while assuring lawmakers that the economy was showing signs of recovery and that the government would enforce fiscal discipline.
However, opposition figures say the budget figures tell a different story. According to them, the proposal relies heavily on borrowing and allocates huge sums to debt servicing, without clear evidence that previous loans have improved living standards.
They argued that inflation remains high, insecurity persists across many parts of the country, and ordinary Nigerians are yet to feel relief despite rising annual budgets.
Speaking on the matter, the National Publicity Secretary of the Social Democratic Party (SDP), Rufus Ayenugba, said his party was alarmed by the size of funds set aside for debt servicing and fresh borrowing.
He described his party’s “major worry is the money being earmarked to service debt and the humongous loan this current administration keeps borrowing.”
Ayenugba questioned the purpose of the loans, noting that Nigerians were still struggling to survive. He said citizens were becoming increasingly agitated because the loans had not translated into better living conditions.
He also raised concerns over repeated large allocations to security, arguing that such spending had become routine without meaningful improvement on the ground.
According to him, security votes were often shielded from scrutiny, yet insecurity continued to spread.
Ayenugba stressed that the real issue was no longer the size of the budget but how effectively it was implemented. He said Nigerians were more interested in whether public spending improved economic life and restored confidence in governance.
He warned that continuous borrowing, protests, and worsening hardship were damaging the country’s image and placing the economy under severe strain.
On his part, the National Publicity Secretary of the Labour Party, Obiora Ifoh, said borrowing had become inevitable because of budget deficits. However, he cautioned that debt servicing was now consuming funds that should go into development.
Ifoh noted that a significant portion of national revenue was being used to service debts, leaving limited resources for infrastructure, healthcare, education, and job creation.
He also spoke about ongoing tax reforms by the government, urging authorities to ensure that new revenue measures did not further burden low-income earners. According to him, economic reforms should protect the most vulnerable Nigerians.
Ifoh described corruption as a persistent challenge to budget implementation. He pointed to recent controversies involving regulatory agencies as evidence that funds were often mismanaged.
He warned that budgetary allocations must be used strictly for their intended purposes and not diverted for personal gain.
While acknowledging that defence and security traditionally receive large allocations, he said the real concern was accountability. He argued that the focus should be on proper utilisation rather than the size of the allocation.
The National Coordinator of the Obidient Movement Worldwide, Dr Yunusa Tanko, took a more critical stance. He said the borrowing pattern of the current administration had not justified even the spending under the outgoing 2025 budget.
Tanko pointed out that the request to extend the 2025 budget suggested that funds were not properly utilised. He accused the government of weak accountability and described the situation as fiscal recklessness.
He also criticised the National Assembly, accusing lawmakers of failing in their oversight responsibilities. According to him, budgets were being passed without effective monitoring of implementation.
In a separate reaction, the Peoples Democratic Party (PDP) rejected the proposal outright. The party described it as a “Budget of consolidated renewed sufferings,” arguing that it prioritised the comfort of the political elite over the welfare of citizens.
In a statement, the PDP said claims of economic growth had not reflected in the daily lives of Nigerians. It maintained that poverty, hunger, and insecurity continued to rise despite government assurances.
The party also raised concerns about the extension of previous budgets, warning that running multiple budgets at the same time undermined fiscal discipline, transparency, and accountability.
Amid the growing criticism, the senator representing Kogi Central, Natasha Akpoti-Uduaghan, urged the President to focus on impact rather than figures. She said Nigerians were more concerned about jobs, infrastructure, healthcare, and education than headline budget numbers.
She stressed that public scrutiny was essential and warned that budgets should not remain impressive documents without real benefits for citizens.
As deliberations move to the National Assembly, opposition parties insist that the success of the ₦58.18 trillion budget will be judged by its ability to reduce hardship, control debt, and rebuild trust in how public resources are managed.
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The Kano State Government has announced that the Emir of Kano, Muhammadu Sanusi II, will lead this year’s Eid-el-Fitr Durbar, even as it unveiled strict guidelines to prevent a breakdown of law and order during the celebrations.....TAP TO CONTINUE READING
The government said the decision, approved by Governor Abba Kabir Yusuf, followed credible intelligence reports indicating attempts by some individuals to create unrest during the Sallah period.
In a statement issued on Wednesday by the Commissioner for Information and Internal Affairs, Ibrahim Abdullahi Waiya, the government said it remained committed to preserving Kano’s cultural heritage but would prioritise peace and security.
According to the statement, Hawan Idi (Eid Durbar) will be conducted by Emir Sanusi from the Kofar Mata Eid Ground through designated routes to Gidan Shettima, terminating at Kofar Fatalwa of the emir’s palace.
It added that Hawan Nasarawa would be held in a modified form without horseback displays, while Hawan Daushe, Hawan Fanisau and Hawan Dorayi have been suspended for the time being in the interest of public safety.
The government said all security agencies had been directed to intensify surveillance and ensure strict compliance with the directives before, during and after the festive period.
It urged residents to remain calm, law-abiding and cooperative with security agencies, while cautioning against the spread of unverified information.
The government further assured the public of its commitment to a peaceful and hitch-free Sallah celebration, wishing Muslims in the state a joyous Eid-el-Fitr.
The Durbar, a centuries-old cultural procession, has been thrown into uncertainty following conflicting statements from government officials on whether it will hold this year, given the unresolved legal battle between Sanusi II and Aminu Ado Bayero.
While Governor Yusuf reinstated Sanusi II in 2024, Bayero continues to contest his dethronement in court, leaving the emirship in dispute.
The government recently hinted that the stool controversy would soon be resolved.
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Yoruba nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho, has dismissed comments by human rights activist and former presidential candidate, Omoyele Sowore, over what he described as transactional politics and activism.....TAP TO CONTINUE READING
PUNCH Online reports that Sowore’s comment followed a viral video in which the activist criticised what he described as “transactional politics” among some regional agitators and influencers, accusing them of aligning with political actors for personal or material benefit.
In the video, Sowore appeared to reference Igboho, suggesting that his recent political positions, including support for President Bola Tinubu’s potential re-election bid, reflected what he termed “amala politics” — a colloquial expression often used to imply opportunistic or interest-driven engagement rather than principled activism.
Igboho, in a statement issued by his media aide, Olayomi Koiki, in Ibadan, the Oyo State capital, on Tuesday, criticised Sowore for allegedly describing his activism as “amala politics” in a recent viral video circulating on social media.
He described the comment as an inconsequential rant that should be ignored by the public.
Igboho argued that his agitation for improved security in the South-West and his support for the second-term bid of President Bola Tinubu in 2027 were constitutional rights aimed at promoting the collective interests of the Yoruba people and the development of Nigeria.
He said, “We strongly reject the characterisation of Igboho’s activism as transactional. Such a myopic position misrepresents the intent and focus of our agitation on effective grassroots security in the South-West and Nigeria as a whole.
“How many protests did Sowore organise to push for my freedom? Sowore’s claim of fighting for the masses contradicts his alleged daily lodging expenses of N450,000 at a popular Lagos hotel.
“I cannot be compelled to endorse political figures such as Peter Obi or Atiku Abubakar, or even align with Sowore’s political platform. I have the right to make independent political decisions based on the security and collective interests of the Yoruba people.”
He added that Igboho’s advocacy prioritises addressing insecurity across Yorubaland, including killings of farmers, kidnappings along highways and attacks on traditional rulers and royal institutions.
Koiki, however, clarified that these concerns form the basis of Igboho’s movement rather than any ambition for political office or revolutionary leadership.
The statement added, “While Sowore has consistently promoted nationwide revolution as a pathway to leadership, Igboho’s approach is rooted in protecting lives, land and property within Yoruba territory. This agitation is a response to real and ongoing threats faced by communities in the region.
“Latest security incidents in northern Nigeria, including reported explosions in Maiduguri on March 16, 2026, also raise questions about the broader effectiveness of long-term revolutionary advocacy.
“We challenge Sowore to assess the situation in his home state of Ondo State, considering the growing cases of banditry, kidnapping and attacks on rural communities.”
The statement added that the impact of insecurity on vulnerable groups, including farmers, traditional rulers, women and children, had been severe, with several communities reportedly affected.
“These realities reinforce Igboho’s long-standing call since 2020 for localised security measures and stronger regional protection strategies.
“Labelling our agitation and efforts as ‘amala politics’ undermines the urgency of the security crisis and the legitimacy of grassroots agitation,” the statement concluded
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The continuous detention of the former governor of Kaduna State, Mallam Nasir El-Rufai, has sparked reactions from politicians and socio-political activists.....TAP TO CONTINUE READING
DAILY POST reports that the former governor has been in the custody of the Independent Corrupt Practices and Other Related Offences Commission, ICPC, over an ongoing investigation into alleged financial impropriety when he was governor.
El-Rufai had earlier spent two nights in the custody of the Economic and Financial Crimes Commission, EFCC, before he was picked up by the Department of State Services and then later handed over to the ICPC.
His continuous detention has sparked outrage among citizens who are calling on the commission to immediately charge the former governor to court.
Popular socio-political activist, Aisha Yesufu, said in a post on X that “holding a citizen indefinitely without trial” is impossible.
According to her, “that is not justice. That is not accountability. That begins to look like persecution.
“Every Nigerian, no matter how powerful or unpopular, has the right to a fair hearing. That right is not a favour from the government. It is a constitutional guarantee. If El-Rufai committed crimes, then prosecute him. Nigerians will support that. But what we must never
Support is a system where the government can detain anyone endlessly, simply because it can.
“Today, it may be El-Rufai. Tomorrow, it could be anyone else who speaks or acts in a way that those in power do not like. A democracy must be better than that.
“So the message is simple: charge him in court or release him. Let justice be done openly, lawfully, and transparently. That is the only way a nation that claims to respect the rule of law should act”.
Similarly, an activist lawyer, Deji Adeyanju, in an interview he posted on X on Wednesday, demanded that the former governor be charged to court immediately, condemning El-Rufai’s incarceration.
“No matter the allegations, I think he should be charged in a court of competent jurisdiction so that he can face the music.
“All these things currently going on don’t look tidy to me”, he said.
On his part, Paul Ibe, a media aide to the former vice president, Atiku Abubakar, lambasted ICPC for not charging the former governor to court.
In a statement on his X handle, Ibe accused the Commission of taking sides with the President Bola Tinubu-led administration.
He wrote, “The matter of the former Governor of Kaduna State, Mallam Nasir el-Rufai @elrufai has proven beyond measure that the ‘I’ in ICPC (Independent Corrupt Practices and Other Related Offences Commission) @icpcnigeria represents Illegal or Irresponsible.
“There’s nothing Independent about the Commission. They’re no different from all the other institutions of state that are standing on Tinubu’s mandate. The ICPC is nauseatingly pliable and has disgracefully made itself available in coercing members of the opposition into the ruling party”!
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