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President Buhari Signs 2022 N17.127trn Appropriation Bill Into Law

buhari signs 2022 appropriation bill

The president of the Federal Republic of Nigeria, Muhammadu Buhari on Friday, the 31st of December signed the 2022 appropriation bill totaling NGN17.127 trillion into law at the presidential villa, Abuja.

Present to witness the signing were Senate President Ahmed Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, as well as other members of the Federal Executive Council.

The bill with an aggregate expenditure of N17.127trn is an N735.85 billion increase from the initial Executive Proposal which had a total expenditure of N16.391 trillion. Buhari explained that of the increase, N186.53 billion was due to additional critical expenditures which he had authorized to be included by the Finance minister, Ahmed.

Though the president assented to the bill as presented to him by Senator Babajide Omoworare, his Senior Special Assistant (Senate) on National Assembly, he had some reservations about the bill which he said would be addressed when the National Assembly resumes after the holidays.

Read Also: President Buhari’s Letter Refusing Assent to Electoral Act Amendment Bill

The president outlined some of his reservations about the bill to include reduced funding for the Ministry of Transport’s budget for the ongoing Rail Modernisation projects which received NGN 12.6 billion in the appropriation, as well as reduced funding for the Power Sector Reform Programme, and several projects of the Ministry of Agriculture.

He was also displeased about the reduction of the provisions for the Non-Regular Allowances of the Nigerian Police Force and the Nigerian Navy by N15 billion and N5 billion respectively.

President Buhari also expressed concerns over increments as well as additions of new provisions in the bill. He criticized the increase in projected Federal Government independent revenue by N400 billion, the increase in the provision for Capital spending (excluding Capital share in Statutory Transfer) by a net amount of N575.63 billion, from N4.89 trillion to N5.47 trillion, among other increments.

The president stated that no explanations were given for some of the changes while reasons given for other changes were unjustifiable. He promised to revert to NASS on these unacceptable changes in order not to stifle the flow of funds to projects critical to his administration.

President Buhari further stated that the full details of the appropriation bill would be made available to the public by his Finance minister, Mrs Zainab Ahmed.

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EFCC to Arrest EezeeTee over Mercy Chinwo’s $340,000 Royalties

The Economic and Financial Crimes Commission (EFCC) has reiterated that Ezekiel Thankgod, known as EezeeTee, must appear before the Federal High Court in Ikoyi to answer allegations concerning Mercy Chinwo’s royalties.
The EFCC accuses Thankgod of laundering and dishonestly converting $340,000 in royalties meant for the gospel artiste.

According to the EFCC’s statement, Justice A. O. Owoeye ruled on Monday, February 17, 2025, that the defendant must appear in court to take his plea, setting March 6, 2025, as the next hearing date.

“The defendant, Ezekiel Thankgod, has consistently evaded arraignment despite multiple attempts by the EFCC’s Lagos Zonal Directorate to serve him. This prompted the issuance of a warrant for his arrest on January 16, 2025,” the commission’s statement read.

The EFCC detailed that the former manager of Mercy Chinwo and the CEO of Eezee Global Concepts Limited are facing a three-count charge involving money laundering and dishonest royalties conversion.

One of the charges states that in 2023, Thankgod retained $260,494 in an EEZEE Global Ministry account with Zenith Bank, an amount allegedly linked to unlawful activity.

The EFCC prosecutor, Bilikisu Buhari, noted that the agency had been unable to serve the charges directly to Thankgod, as he remained unreachable.

However, on January 24, 2025, his defense counsel, Dr Monday Ubani, SAN, accepted service on his behalf but filed a preliminary objection to challenge the charges.

Justice Owoeye had previously adjourned the case for arraignment, but Thankgod failed to appear, opting to be represented by his counsel.

With the bench warrant still active, the EFCC insists that the accused must personally appear in court on March 6 to defend himself.

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AfDB President Hints At Possible Run For Nigerian Presidency

The outgoing President of the African Development Bank (AfDB), Akinwumi Adesina, has hinted at the possibility of running for Nigeria’s presidency in 2027, stating he is “available to serve” once his tenure at the bank concludes.

In an interview with Arise Television’s news host, Rufai Oseni, Adesina, who also served as Nigeria’s Minister of Agriculture under former President Goodluck Jonathan, affirmed his commitment to national service, saying he is open to serving “globally, in Africa, anywhere, including my own country, Nigeria.”

When asked directly about his political ambitions, Adesina reflected on his deep attachment to Nigeria, recalling a moment when he chose to retain his Nigerian citizenship despite the opportunity to obtain a U.S. passport.

“I remember telling a colleague that this passport is a Nigerian passport, a green passport. I cannot and will never trade it for anything,” he said. “God did not make a mistake in making me a Nigerian. He didn’t make a mistake in making me an African.”

Expressing his passion for public service, Adesina noted that his ultimate source of happiness is witnessing a transformative change in people’s lives.

Drawing a parallel with Nigerian pop artist Davido’s hit song, ‘Unavailable,’ Adesina playfully remarked, “I would ask Davido to change that song—‘I am available, they will see me.’”

Adesina was first elected as AfDB President in 2015 and secured re-election for a second term in 2020. His tenure at the continental financial institution has been marked by a focus on economic development, infrastructure financing, and poverty alleviation across Africa.

While he did not declare his candidacy for the 2027 presidential race, his remarks have fueled speculation about his political future.

His track record and reputation as an economic reformer have long positioned him as a potential contender for Nigeria’s highest office.

As Nigeria’s political landscape gradually shifts towards the next general elections, Adesina’s latest remarks may signal a move towards a more defined political role.

Whether he formally declares his ambition remains to be seen, but his message was clear: he is ready to serve in any capacity that aligns with his vision for change

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Veteran Nollywood actor, Columbus Irosanga Passes On

Veteran Nollywood actor, Columbus Irosanga, popularly known for his role as a native doctor is dead.

His death was announced on Instagram on Thursday by fellow movie star, Hilda Dokubo.

Sharing the news, Dokubo wrote, “There can’t be a shortage of angels in heaven that the few here are called home like this na! This one is heavy on Uniport Rivers State Nollywood.”

Beyond acting, he was a senior lecturer at the Department of Theatre Arts, University of Port Harcourt.

His most notable film roles include Issakaba (2003) and 7 Kilometre (2015).

Throughout his career, he received numerous awards, including Best Actor in a Supporting Role (AMAA), Best Actor in a Drama (City People Entertainment Awards), Most Promising Actor in Nigeria (AMVCA), and Best Actor in a Leading Role (Best of Nollywood Awards).

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