In readiness for the 2023 general elections in the country, the Federal Government has earmarked the sum of N100 billion in the 2022 budget to cater for the nationwide exercise. This was revealed as President Muhammadu Buhari prepares to present the 2022 Appropriation Bill before a joint session of the National Assembly tomorrow, Thursday, October 7, 2021.
In some reports from the House of Representatives where the revised 2022-2024 Medium Term Expenditure Framework (MTEF) was submitted for approval, the budget for the 2022 fiscal year was reviewed upwards from N13.98 trillion to N16.45 trillion – indicating an additional N2.47 trillion.
The Green Chamber, it should be recalled, had already approved the initial MTEF which had an expenditure sum of N13.98 trillion for the 2022 fiscal year. However, following a letter from Mr President to the Speaker of the House, Femi Gbajabiamila, a fresh approval was needed.
In the letter dated Saturday, October 2, 2021, the president explained the reason for seeking a fresh approval as there had been an upward review of the MTEF to reflect the new fiscal terms in the Petroleum Industry Act (PIA) 2021, as well as other critical expenditures in the 2022 Budget.
To put it in perspective, the MTEF is an annual, rolling three-year-expenditure planning that sets out the medium-term expenditure priorities and hard budget constraints against which sector plans can be developed and refined. It also contains outcome criteria for the purpose of performance monitoring.
Also, the federal government, through the Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed, has revealed that the budget deficit in the proposed 2022 Appropriation Bill will be financed through loans. She indicated this at the end of the weekly virtual Federal Executive Council (FEC) meeting earlier today while interacting with newsmen.
Mrs. Ahmed said while the FEC had approved the proposed 2022 Budget of N16.39 trillion, part of the budget will be funded through local and eternal loans as most of the administration’s legacy projects captured in the budget can not be achieved with just proceeds from exports and Internally Generated Revenues (IGRs).
She said:
“If we just depend on the revenues that we get, even though our revenues have increased, the operational expenditure of government, including salaries and other overheads, is barely covered or swallowed up by the revenue.
“So, we need to borrow to be able to build these projects that will ensure that we’re able to develop on a sustainable basis. Nigeria’s borrowing has been of great concern and has elicited a lot of discussions, but if you look at the total size of the borrowing, it is still within healthy and sustainable limits. As of July 2021, the total borrowing is 23% of GDP.”
Odumodublvck drops 23-track Industry Machine album
Nigerian rapper Odumodublvck has officially dropped his highly anticipated 23-track album, Industry Machine, featuring powerhouse collaborations with Wizkid, Davido, Skepta, Seun Kuti, and several others. Produced by Telz and P.Priime, the project seamlessly fuses hip-hop and Afrobeats, underscoring Odumodublvck’s versatility and bold sonic direction. Within hours of its release, the album soared to No. 1 on Apple Music Nigeria’s Top Albums chart, signaling both widespread acclaim and the rapper’s growing dominance in the music industry.
Among the standout tracks, “Big Time” featuring Wizkid debuted at No. 9 on Apple Music’s Top Songs chart, earning praise for its infectious rhythm, Wizkid’s captivating verse, and Odumodublvck’s sharp lyricism. Fans and critics alike have hailed Industry Machine as a defining moment in Nigerian music, celebrating its high production value and collaborative depth. Speaking on the project, Odumodublvck described it as “a celebration of creativity, hustle, and the evolution of the industry,” cementing his reputation as one of the country’s most innovative and influential rap voices.
For a while now, followers of Nigerian music have been keenly aware of the concept of the ‘INDUSTRY MACHINE.’ The swaggering phrase has been an integral part of the digital vocabulary of Nigerian rapper and singer, ODUMODUBLVCK, hinting at the highly anticipated follow-up to his 2023 mixtape, ‘EZIOKWU’, which spawned several hit tracks and established his reputation as one of Nigeria’s finest Hip-Hop acts.
In the two years since ‘EZIOKWU,’ ODUMODUBLVCK has only grown more unstoppable, racing to the top of charts in Nigeria on multiple occasions while showcasing the full breadth of his amorphous Okporoko sound on songs like “100 Million” and “NOT ALL THAT” as well as on collabs like “JUJU,” “Funds,” and “Flako.”
Seven months after the surprise drop of ‘THE MACHINE IS COMING,’ ODUMODUBLVCK has finally released ‘INDUSTRY MACHINE,’ bringing a thrilling conclusion to months of anticipation with a blockbuster 23-track release that runs through the full gamut of the Abuja rapper’s fascination and beliefs across a variety of soundscapes.
Throughout ‘INDUSTRY MACHINE,’ ODUMODUBLCK glides between euphoric party starters (“BANZA BOY, “VINICIUS,” and “GROOVING”) and gritty Rap joints (“UNAWARE,” “IF YOU LIKE GYM,” and “LAYI WASABI.”). At different turns, he reveals a new layer to his work without losing touch with the uniquely Abuja perspective that broke him through.
#SpotlightAfricaThrowBackSeries Ado-Ekiti Indigenes Celebrate the Life and Times of Late Chief Ogunremi
Ado-Ekiti witnessed an outpouring of tributes as family, friends, and dignitaries gathered to honour the life of High Chief Oluwasesan Ogunremi, the Barafon of Ado-Ekiti and a respected leader of the traditional warlord chiefs in the kingdom.
The funeral began with a Christian wake and service of songs at the open grounds of St. Patrick’s Catholic Cathedral, Ado-Ekiti, before proceeding to the deceased’s compound in the Idolofin axis of the town for the main service. The ceremony, attended by top figures from within and outside Ekiti, featured prayers, thanksgiving, and eulogies in recognition of the late chief’s contributions to his community.
Following the service, Chief Ogunremi’s remains were interred at his residence, accompanied by hymns and tributes from relatives and well-wishers.
A reception later took place at the Ekiti Parapo Pavilion, where guests—including family members who travelled from the United States, United Kingdom, Canada, and Germany—were entertained with a lavish banquet. The event featured a performance by renowned gospel and highlife singer Evangelist Yinka Ayefele, while veteran emcee Olushola Oladele, popularly known as Pa Aristoe, anchored the proceedings.
The gathering attracted prominent personalities such as Mr. Babatope Adebiyi (King Jafil), Mr. Goke Olatunji, Regent Omotunde Adelabu, Hon. Abiodun Fawekun of the Ekiti State House of Assembly, members of the Ewi-in-Council, lawmakers, politicians, business leaders, and artisans.
Born on February 7, 1929, to Mr. Williams Akomolafe Ogunremi and Princess Abigail Ogunremi in Ado-Ekiti, Chief Ogunremi began his education at St. George’s Primary School, Agere, before moving to Lagos for electrical training. He later founded the well-known Micho Electronics and worked with business figures such as Chief Lawrence Omole and Chief Ajanaku in Ilesha.
He married his first wife in Ilesha, where the ceremony was held at St. Mary’s Catholic Church. In 1970, he returned to Ado-Ekiti and established Micho Motors, expanding his business interests into the automobile sector. His ventures took him across Europe, including Austria, Brussels, Italy, and Germany.
In July 1988, he was installed as the Barafon of Ado-Ekiti by Oba George Adelabu, the Ewi of Ado-Ekiti. He became widely known for hosting the Udiroko Festival at his Okeilaja palace, a major cultural event that drew indigenes and chiefs before culminating in celebrations at the Ewi’s Palace. He later served as commissioner of the Ekiti State Electricity Board during the administration of Governor Adeniyi Adebayo.
Until his passing, Chief Ogunremi remained an active member of St. Patrick Catholic Cathedral, Ado-Ekiti. He is survived by his wives, children, grandchildren, and great-grandchildren.
Fresh reaction emerges over Saraki’s peace move amid PDP crisis
The Peoples Democratic Party (PDP) Renaissance group has praised the reconciliation efforts of the committee led by former Senate President Bukola Saraki, describing the intervention as pivotal in preventing the party from collapsing under internal disputes.
In a statement issued on Thursday, August 28, Bashir Sulaiman, convener of the group, commended both Saraki’s Reconciliation and Strategy Committee and the PDP Governors’ Forum under Governor Bala Mohammed of Bauchi State for “restoring peace where many expected chaos.”
“I am very impressed by what Dr. Bukola Saraki, the Reconciliation and Strategy Committee, and PDP Governors Forum, led by Governor Bala Mohammed, have done to get the PDP back on track,” Sulaiman said.
“They were tasked with resolving disputes and preparing the party for its convention, and they have delivered with precision and dedication.
The PDP has been in turmoil since the 2023 general election, with key figures such as Sunday Udeh-Okoye, Setonji Koshoedo, and Sam Anyanwu embroiled in a tussle for the National Secretary position.
According to Sulaiman, Saraki’s intervention was instrumental in ensuring that the long-standing dispute was finally resolved in favour of Anyanwu.
“Many had predicted that the PDP would collapse under the weight of its internal disagreements. Yet, thanks to Dr. Saraki, his Reconciliation Committee, and the backing of the PDP Governors’ Forum, the party has defied those expectations,” Sulaiman noted.
“The 100th, 101st, and 102nd NEC meetings were conducted without rancour, and lingering disputes have been amicably settled.”
With preparations for the party’s convention and zoning framework now underway, the PDP Renaissance group believes the opposition is on course to reclaim power from the ruling All Progressives Congress (APC).
“The party is now better positioned to take power back from a government that does not care about the needs of the people,” Sulaiman said.
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