KADUNA COURT JAILS TWO FOR IMPERSONATION (PHOTO). #PRESS RELEASE.

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 Kaduna Court Jails Two for Impersonation The Kaduna Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentence of Musa Abdulmalik and Sunday Godwin before Justice Amina Bello of the Kaduna State High Court, Kaduna for cheating by impersonation.  They were prosecuted on separate one-count charges of cheating by impersonation.  The charge against Abdulmalik reads: "That you, Musa Abdulmalik (a.k.a Lynn Ben), sometime in January, 2026 at Kaduna, Kaduna State, within the jurisdiction of this honourable court, committed cheating by impersonation when you falsely presented yourself as Lynn Ben, a female and adult entertainer via Telegram (an online social media application) in that assumed character cheated one BJK of the total sum of $80USD (Eighty United States American Dollars) and you thereby committed an offence contrary to Section 308 of the Penal Code Law, 2017 of Kaduna State and Punishable under Section 309 of the ...

PRESIDENT TINUBU SIGNS ₦54.99 TRILLION 2025 BUDGET INTO LAW. (PHOTO).


 

In a significant move, President Bola Tinubu has signed the ₦54.99 trillion 2025 Appropriation Bill into law, marking a 99.96% increase from the 2024 budget of ₦27.5 trillion.¹ The signing ceremony took place at the State House in Abuja, with principal officers of the National Assembly and top government officials in attendance.


The National Assembly passed the bill on February 13, after President Tinubu requested an increase from the initial proposed ₦49.7 trillion. The approved budget surpasses Tinubu's initial proposal of ₦54.2 trillion, reflecting additional anticipated revenues from agencies like the Federal Inland Revenue Service and the Nigeria Customs Service.


The 2025 budget focuses on key areas, including:


- Security: Allocation of funds to enhance national security

- Infrastructure: Investment in critical infrastructure projects

- Education: Funding for educational initiatives and institutions

- Health: Allocation of $200 million to mitigate the impact of recent U.S. health aid reductions


The budget is based on ambitious economic assumptions, including:


- Crude oil production target: 2.06 million barrels per day at a benchmark price of $75 per barrel

- Exchange rate: ₦1,500 to the U.S. dollar

- Inflation reduction: Aim to reduce inflation from 34.8% to 15% within the year


A significant component of the fiscal strategy involves tax reforms, which Tinubu says are designed to enhance revenue generation and economic stability. The proposed tax overhaul includes increasing the value-added tax to 12.5% by 2026, while exempting essential goods like food and medicine to alleviate the burden on households.

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