• Latest
  • Trending
Tinubu’s 2025 ‘Budget of Restoration’ Speech [Full Text]

Nigeria Government budgets N1,989,579,379 to fuel State House generators in 2025

Israel Resumes Gaza Airstrikes, Dozens Killed Despite Ceasefire

Israel Resumes Gaza Airstrikes, Dozens Killed Despite Ceasefire

FG In Last Minutes Move To Avert ASUU Strike, as Ultimatum Ends

ASUU Awaits FG’s Response on 9 Demands Tomorrow

Teen Denies Sexual Assault Allegation Against PDP Chieftain in Kwara

Teen Denies Sexual Assault Allegation Against PDP Chieftain in Kwara

FG Reverses Decision, Keeps Mathematics Compulsory for Art Students

FG Reverses Decision, Keeps Mathematics Compulsory for Art Students

Wife-battering:  Court Dissolves Pastor’s Marriage

Man Beats Lady Who Rejected His Marriage Proposal

Call-Up Number Controversy: NYSC Clears the Air

Nigerian Government investigate Benin Varsities, Nigerian Polytechnics Over NYSC Fraud

Man arrested for Raping a 12-year-old girl in Lagos

Police Launch Probe into Officers Filmed Wearing Cult Insignia

Monday, October 20, 2025
  • Login
No Result
View All Result
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • LifeStyle
  • Advertise with Us
  • Opinion
  • Campus
iDeemlawful
No Result
View All Result
iDeemlawful
No Result
View All Result
  • Home
  • News
  • Featured
  • Politics
  • LifeStyle
  • Advertise with Us
  • Opinion
  • Campus
Home Breaking News
Tinubu’s 2025 ‘Budget of Restoration’ Speech [Full Text]

Nigeria Government budgets N1,989,579,379 to fuel State House generators in 2025

by iDeemlawful
December 24, 2024
in Breaking News, Featured
A A
0

Ahead 2025, the Nigerian government has allocated 1.9 billion naira from its budget to cover the fuel expenses for generators used in the State House, the official residence and workplace of the President.

It appears there is no hope for an improved power supply to Nigerian households in 2025, as the federal government has made a provision of N1,989,579,379 to fuel State House generators during the course of the year.

This is higher than the amount budgeted for the same item in 2024 (N37,959,406), 2023 (N30,678,552), 2022 (N30,678,552), and 2021 (N45,678,552) combined by a staggering 1,272 per cent and 5,143 per cent higher than the N37,959,406 budgeted for the same item last year.

SeeThese

FG Reverses Decision, Keeps Mathematics Compulsory for Art Students

Nigerian Military Arrests 16 Officers Over Alleged Coup Plot to Oust Tinubu

FG Issues New Guidelines for Reciting Nigeria’s National Anthem

This high budget to fuel generators at the State House is indicative of a government that has lost hope in its power sector.

ADVERTISEMENT

Power, as important as it is, has been a major challenge for Nigeria over the years, even though the country has made significant investments in the sector between 2021 and 2024.

The budget for the power sector grew by 129.42 per cent, from N133.479 billion in 2020 to N306.23 billion in 2022, with a focus on capital expenditures for infrastructural development.

In 2023, the government budgeted N258.494 billion for the power sector, with N251.609 billion allocated for capital expenditure.

It is estimated that between 2021 and 2024, Nigeria spent around N1.2 trillion on the power sector.

However, this has not resulted in significant improvements in power supply to the citizens, as homes and businesses are subjected to frequent blackouts.

In 2024 alone, the national power grid collapsed 12 times, an average of once every month.

Many businesses are shutting down, while others are finding their way out of the country because they can no longer bear the heavy costs of generating their own power.

Recently, the Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Olusola Obadimu, raised the alarm that businesses in the country suffer an annual $29 billion revenue loss due to inadequate power supply.

The sector faces significant difficulties, including insufficient electricity availability, unreliable energy facilities, and high electricity costs.

These challenges not only hamper the growth of industries but also undermine the ability of the country to attract investments and create jobs.

It is, however, heartening to note that in the 2025 budget proposal, a total sum of N2,086,790,002,565 has been earmarked for the Ministry of Power, of which a princely sum of N2,076,305,541,394 was set aside for capital projects.

Tags: Bola Ahmed TinubuBudgetNigeria Government
Previous Post

LPDC Rejects Afe Babalola’s request to revoke Farotimi ‘Law License’

Next Post

Dele Farotimi: Truth is my tool to Fight against Injustice

Next Read

Israel Resumes Gaza Airstrikes, Dozens Killed Despite Ceasefire
Featured

Israel Resumes Gaza Airstrikes, Dozens Killed Despite Ceasefire

...

Read moreDetails
Teen Denies Sexual Assault Allegation Against PDP Chieftain in Kwara
Breaking News

Teen Denies Sexual Assault Allegation Against PDP Chieftain in Kwara

...

Read moreDetails
Wife-battering:  Court Dissolves Pastor’s Marriage
Breaking News

Man Beats Lady Who Rejected His Marriage Proposal

...

Read moreDetails
Man arrested for Raping a 12-year-old girl in Lagos
Breaking News

Police Launch Probe into Officers Filmed Wearing Cult Insignia

...

Read moreDetails
Aba Women Riots, Ali Must Go, EndSar,— Five Major Protests That Shaped Nigeria
Breaking News

Aba Women Riots, Ali Must Go, EndSar,— Five Major Protests That Shaped Nigeria

...

Read moreDetails
Nigerian Military Arrests 16 Officers Over Alleged Coup Plot to Oust Tinubu
Breaking News

Nigerian Military Arrests 16 Officers Over Alleged Coup Plot to Oust Tinubu

...

Read moreDetails
FG Issues New Guidelines for Reciting Nigeria’s National Anthem
Breaking News

FG Issues New Guidelines for Reciting Nigeria’s National Anthem

...

Read moreDetails
Maryam Sanda, Sentenced to Death for Killing Husband, Receives Tinubu’s Pardon
Breaking News

Tinubu Govt to Review Clemency Granted to Maryam Sanda, Others

...

Read moreDetails
Next Post
JUST IN: Dele Farotimi Arraigned for Defamation Charges

Dele Farotimi: Truth is my tool to Fight against Injustice

President Tinubu extends Christmas Greetings to Nigerians

President Tinubu extends Christmas Greetings to Nigerians

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

iDeemlawful

Copyright © 2019 iDeemlawful.

Useful Links

  • About
  • Advertise
  • Editorial
  • Support

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Copyright © 2019 iDeemlawful.