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2022 Budget: FG Allocates ₦100 Billion For 2023 Elections; Seeks Loans To Fund Deficit

2022 Budget

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.

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.”

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NIMC Cracks down on Illegal NIN Centres after discovering Unauthorised Enrolment

The National Identity Management Commission (NIMC) has arrested several illegal NIN operators and seized registration equipment in Gwagwalada. Officials warned Nigerians to avoid unapproved roadside agents to protect themselves against identity theft and extortion.

If you’ve ever been tempted to register your National Identification Number (NIN) through a roadside “agent” who promised to get it done faster, you may want to think twice. The National Identity Management Commission (NIMC) has stepped up its fight against illegal NIN registration and unauthorised data modification, arresting several suspects during an enforcement operation in Gwagwalada and other locations.

The Commission said officers from its Inspectorate Compliance and Enforcement Unit (ICEU) carried out the operation seizing machines and other equipment allegedly used for illegal NIN enrolment.

According to NIMC, the crackdown is aimed at protecting the integrity of Nigeria’s National Identity Management System and stopping people from exploiting Nigerians through unauthorised registration and extortion.

The agency explained that many of the complaints and problems experienced by NIN holders often happen because some people choose to bypass the Commission’s approved registration process.

It reminded Nigerians that NIN enrolment can only be done at NIMC-approved enrolment centres, while changes to personal information, such as names, phone numbers or dates of birth, should only be made through the Commission’s official self-service modification platform.

NIMC also encouraged NIN holders to download the NINAuth mobile application from the Google Play Store or Apple’s App Store. The app allows users to access extra security features, print their NIN slips, and manage other identity-related services securely.

Reaffirming the agency’s position, the Director-General and Chief Executive Officer of NIMC, Engr. Abisoye Coker-Odusote, said the Commission has no room for extortion or unethical practices.

She said the Commission remained committed to providing “seamless and hitch-free NIN enrolment services” for Nigerians and legal residents. The Commission urged members of the public to avoid unofficial registration centres and use only approved channels for NIN enrolment and related services.

It also advised Nigerians to visit its official website and verified social media platforms for accurate information and updates, warning that dealing with unauthorised operators could expose them to fraud, identity theft and invalid records.

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Veteran Nollywood actor Francis Duru to be buried in Imo State

The family of late Nollywood actor Francis Duru has released details for his final burial rites. Services of songs will be held in Abuja and Imo State before he is laid to rest on December 11, 2026. The family made the announcement in a statement shared on the actor’s official Instagram page on Monday, November 2, inviting relatives, friends, colleagues and well-wishers to join them in honouring his life and legacy.

According to the announcement, a service of songs will be held on Wednesday, November 25, at 5 p.m. at Family Worship Centre, Idris Gidado Street, Wuye, Abuja. A second service of songs is scheduled for Thursday, December 10, at the late Pa Theophilus Ogide Duru’s family compound in Okai, Eziama, Isiala Mbano, Imo State.

The funeral and interment will follow on Friday, December 11, at the same family compound.

The statement, signed by the actor’s son, Ebuka Duru, and sister, Anthonia Chenyi, described him as a cherished husband, father, brother, uncle and friend.

The family also expressed appreciation to those who had supported them with prayers, calls, messages, and other gestures since his death. The statement read, “A remarkable life, a beautiful legacy, a star that will never stop shining. Though our beloved Chief Francis Duru has taken his final bow, his memories will live on in the hearts of all who knew and loved him.”

The family added that the love and support received throughout the difficult period had been a source of strength as they prepared to give the actor a final farewell.

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Pastor Jimmy Odukoya remarries years after his first marriage ended

Pastor Jimmy Odukoya has remarried years after his first marriage ended, introducing his new wife, Mo Jasyme, to The Fountain of Life Church congregation during a Sunday service in Lagos. Pastor Jimmy Odukoya has found love again, more than a decade after marrying his first wife, Oluwakemi Sade Banjoko, with whom he shares two children.

The senior pastor of The Fountain of Life Church, Lagos, introduced his new wife, identified as Mo Jasyme, to his congregation during Sunday service on November 1, 2026. The announcement came a day after Odukoya sparked curiosity on social media by sharing a photograph of two hands wearing wedding rings with the caption, “To New Beginnings.”

His followers, especially popular celebrities like Broda Shaggi, Ifedayo Agoro and Bisola Aiyelola, congratulated him.

Standing beside his wife in church, Jimmy spoke about how he had been navigating life alone since taking over the leadership of the church following his father’s death. He then introduced her to the congregation as his wife and the church’s new first lady.

The couple subsequently knelt before Pastor Tunde Bakare, the General Overseer of Citadel Global Community Church, who prayed for and blessed their union.

Before his new marriage, Odukoya was married to Oluwakemi Sade Banjoko, popularly known as Kemi. The couple married in London on March 9, 2013, after meeting in Lagos in 2011. They eventually welcomed two children together before their marriage ended in separation.

Interestingly, their relationship began at Ooh La La, a restaurant in Ikeja, Lagos, when Kemi accompanied her cousin to meet Jimmy and a mutual friend.

In a 2013 interview with ThisDay, republished by YNaija, the couple opened up about their courtship ahead of their wedding. Jimmy recalled that although he initially paid more attention to Kemi’s cousin, they eventually started talking at another family gathering.

Their conversations became so frequent that they sometimes spoke from 8 p.m. until 5 a.m.Interestingly, Kemi revealed that Jimmy did not initially tell her he was a pastor. When he eventually disclosed it, she reportedly went silent for about 30 seconds.

Jimmy also recounted how he proposed to her in London, using a sweet wrapper to playfully ask her to marry him before revealing the actual engagement ring.

However, their marriage eventually came to an end. Pastor Jimmy Odukoya’s new wife is Mo Jasyme, a designer and creative entrepreneur who is now known as Pastor Mo Odukoya.

Mo was previously married to British-Nigerian music producer Mosadoluwa Adegboye, popularly known as itsMOSA. The former couple reportedly collaborated on several creative projects during their relationship.

Mo made her first public appearance as Jimmy’s wife at The Fountain of Life Church on November 1, 2026, where she described it as an honour to stand alongside her husband.

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