Bagudu Upbeat on N36.35tn Revenue Target in 2025 Appropriation Bill CBN schedules five MPC meetings for 2025
James Emejo in Abuja
Minister of Budget and Economic
Planning, Senator Abubakar Bagudu, yesterday, expressed optimism that the federal government would realise its
N36.35 trillion revenue projection in the 2025 Appropriation Bill. Bagudu said revenue agencies must
First meeting holds February 17-18
become more responsive to the country's financial needs and “accountable so that revenues are adequately accounted for,
as well as expenditures are justified". Bagudu’s comments came as Central Bank of Nigeria (CBN) released the
meeting calendar for its Monetary Continued on page 9
Tax Reform Bills: Consultations with Stakeholders Yielding Positive Results, Says FIRS Boss... Page 6 Tuesday 14 January, 2025 Vol 29. No 10873. Price: N400
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In Clinically Plotted Coup, Lagos Speaker Impeached While Returning Home from US Lawmakers say they’ve had enough of him His deputy, Moji Meranda, takes over Assembly clerk suspended, replaced in acting capacity
Segun James In a well-executed civilian coup, some members of the Lagos State House of Assembly, numbering 32,
yesterday, impeached the speaker, Hon. Mudashiru Obasa, while he was in transit from faraway Atlanta, Georgia, in the United States. The lawmakers claimed they had
had enough of Obasa and simply decided to try someone else, saying change is the only thing that is constant. Upon removal of Obasa, who
had been Speaker since 2015, they promptly replaced him with his deputy, Hon Mojisola Meranda. Deputy Chief Whip of the Assembly, Hon. Fatai Mojeed, was also
elected the new Deputy Speaker. All existing structures in the legislature, including the standing committees, were equally dissolved. Following in the same wind of
change, the Assembly suspended its Clerk, Olalekan Onafeko, and replaced him with Mr. Abubakar Continued on page 9
CDS: Terrorists Getting Foreign Funding to Continue Destabilisation of Nigeria Says there’s need for more proactive approach to security challenges across Nigeria Military honours outstanding officers at 2025 armed forces remembrance day
Linus Aleke in Abuja The Chief of Defence Staff (CDS), General Christopher Musa, yesterday, insisted that terrorists groups in the country were getting foreign funding to continue their distabilisation agenda. Musa, who noted that some of the surrendered terrorists and even those apprehended by troops were in possession of foreign currency, however, said there was a need for a more proactive approach to addressing security challenges across the country. This was as the High Command of the Nigerian military, has honoured outstanding officers, who made exceptional contributions in the successes it has already recorded, especially the ongoing fight against terrorism, banditry, kidnapping and other emerging security threats. The military also explained that the award night for the officers 2025, was incorporated into existing Armed Forces Celebration and Remembrance Day and Regimental Dinner to reward Continued on page 9
AFRICAN INVESTMENT FORUM...
L-R: Technical Advisor on Foreign Direct Investment to the Vice President of Nigeria, Princess Zahrah Mustapha Audu; Lagos State Governor, Babajide Sanwo-Olu; Kwara State Governor, Abdulrahman Abdulrazaq; and President, African Development Bank, Dr. Akinwumi Adesina, during the African Investment Forum, where $7.6 billion investment interest was mobilised for Nigeria in Morocco, at the weekend