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GEJ, Deputy to Spend N4Bn on Food, Travels in 2015

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Goodluck Ebele Azikiwe Jonathan, President of Nigeria and family
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President Goodluck Jonathan and Vice President Namadi Sambo will spend over N4billion on food and travels in 2015, according to the details of the budget proposal submitted to the National Assembly by Ngozi Okonjo Iweala, finance minister.

The presidency has a total budgetary allocation of N26.6 billion (N12.9 billion for personnel, N11. 1 billion for overhead and N2.5 billion capital development fund) next year, subject to upward or downward review by the lawmakers.

Specifically, President Jonathan will spend N1.9 billion on travels and transport, while others under the President’s office will spend N1.3 billion on local travels and transport, and another N621,067,913 on international travels and transport.

Vice President Namadi Sambo will spend a total on N42.4million on travels and transport, while others under his office will gulp N19.6 million for local travels and transport and N10.7 million for international travel and transport. Local travel and transport (training) will also gulp another N12 million.

President Jonathan will also spend N517.8 million on miscellaneous, N456 million on honorarium and sitting allowance and N60.8 million on publicity and advertisements; while Sambo will spend N117 million on miscellaneous, N15 million on  honorarium and sitting allowance, as well as N35 million on publicity and advertisements.

Both the president and his deputy have been allocated a combined sum of N1.2 billion to be spent on food stuffs and kitchen items.

Another sum of N310 million will go for purchase of drugs and other medical and laboratory equipment.

Other expenses include the sum of N13.5 million on the feeding of wild life at the State House zoo.

The presidential air fleet has a total budget allocation of N5.3 billion with only N36.1 million as salaries while the remaining sums will be spent on overheads and capital expenditure.

The office of the National Security Adviser (NSA) was allocated the sum of N84.1 billion out of which N20 billion is for capital expenditure, N64.1 billion for recurrent. Of the N64.1 billion only a party sum of N268.4 million is for salaries.

According to the NSA’s budget details, N1.3 billion is to be spent on security services, N15 million on fueling of generators, N20.8 million on food, and N11.1 million on local travel.

The Federal Government had, due to dwindling prices of oil, proposed a budget of N4.3trillion. Capital expenditure was cut to N633.53 billion as against N1.552 trillion in 2014, but recurrent expenditure was raised to N2.616 trillion as against N2.468 trillion in 2014.

Already, the crude oil bench mark price has been reviewed thrice and is now pegged at $65 per barrel, which is still above the $60 price of oil in the international market.


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NRS Debunks Viral Claim of New Tax on Vehicle

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Nigeria Revenue Service (NRS) has denied reports that the federal government has introduced a new tax on vehicles.

NRS Debunks Viral Claim of New Tax on Vehicle

The clarification follows the circulation of a viral message online claiming that all vehicle owners would be required to start paying a new tax from July 1, 2026.

In a statement released on Sunday, the NRS said the information in the message is false and did not come from the agency or any official government institution.Nigeria Travel Guides

According to Dare Adekanmbi, spokesperson for the NRS, the viral message was designed to mislead the public. He explained that it was made to look genuine by using official government logos and formatting.

The message reportedly instructed owners of private, commercial, and corporate vehicles to pay an unspecified fee either online or through approved banks and agencies. It also included a website that was wrongly presented as an official government platform.

Adekanmbi stressed that the website mentioned is not connected to the government and warned Nigerians not to make any payments based on such information.

He said the NRS has not introduced any new vehicle tax and that any official policy or tax change would be properly announced through verified government channels.

The agency urged citizens to ignore the fake message and avoid falling victim to possible fraud. It also advised Nigerians to always confirm such information through trusted and official sources before taking any action.

The NRS further encouraged the public to follow its official communication platforms to stay informed about genuine tax policies, updates, and government directives.

 


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NCC to Intensify Crackdown on Illicit Network to Protect Copyrights

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National Copyright Commission (NCC) has reaffirmed that piracy remains a major threat to the nation’s creative economy, vowing to intensify its nationwide crackdown on illicit networks to protect intellectual property.

NCC to Intensify Crackdown on Illicit Network to Protect Copyrights

Pic credit…soundcloud.com

Dr. John Asein, director-general of the NCC, disclosed this in a statement to mark the 2026 World Book and Copyright Day.

The commission noted that piracy remains a major threat, undermining legitimate enterprise and eroding the economic value of creative works.

Asein lamented that inadequate distribution systems and limited access to books also constrain the growth of readership.

He described the event as an important occasion, which showcased the enduring value of books as foundations of knowledge, instruments of cultural preservation, and drivers of national development.

He described the theme for this year’s celebration, ‘Read Books, Respect Copyright,’ as a call on Nigerians to embrace reading as a lifelong habit, while recognising that respect for copyright is essential to sustaining creativity and rewarding authors.

The commission noted that Nigeria’s book industry has evolved significantly, from the post-independence emergence of indigenous publishing to today’s digitally driven ecosystem.

“Nigerian authors continue to gain global recognition, while publishers are expanding capacity. However, challenges persist,” he said.

The commission commended the National Intellectual Property Policy and Strategy, describing it as a bold step toward repositioning intellectual property as a driver of economic transformation.

The policy, according to him, provides a roadmap for revamping the book sector for the benefit of authors and publishers, and is accessible at ippolicy.ng.

The NCC also reaffirmed its commitment to inclusive access through the Marrakesh Treaty, as reflected in the Copyright Act, 2022, enabling accessible formats such as Braille and audio texts.

It urged Nigerians to respect copyright and purchase books only from authorised sources.


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Fusewall Holdings Acquires 100% Stake in Coloplus, Expands Telecom Infrastructure Footprint

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Fusewall Holdings, founded by Azeez Amida, has announced the acquisition of a 100 percent equity stake in Coloplus Worldwide Service Limited, in a move aimed at strengthening its position in Nigeria’s telecommunications infrastructure space.

Fusewall Holdings Acquires 100% Stake in Coloplus, Expands Telecom Infrastructure Footprint

Fusewall Holdings

The deal marks a significant milestone in Fusewall’s broader strategy to build an integrated and future-ready platform across key sectors, particularly within the country’s fast-evolving digital economy.

The transaction was led by Amida, whose role in structuring and executing the deal was described as pivotal. According to the company, his leadership helped align stakeholders and navigate complex negotiations to ensure a successful close while positioning the business for long-term growth.

A spokesperson for Fusewall Holdings said the acquisition represents “a deliberate step forward” in the company’s expansion strategy, noting that the focus remains on building platforms that combine operational efficiency, resilience, and scale.

Coloplus brings a substantial operational footprint to the deal, including access to about 900 partner locations and roughly 20 owned sites. This combination of reach and infrastructure control is expected to give Fusewall a strategic advantage as it scales operations nationwide.

Fusewall said it plans to deploy capital, strengthen governance structures, and enhance operational execution as part of the integration process. The move is expected to improve service delivery, boost infrastructure reliability, and support expansion into underserved and high-demand areas.

The acquisition also aligns with the company’s broader ambition to help bridge Nigeria’s telecommunications infrastructure gap by expanding connectivity, improving network resilience, and advancing digital inclusion.

Fusewall Holdings said the deal reflects its commitment to disciplined execution and long-term value creation as it continues to grow its footprint in Nigeria’s digital ecosystem.


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