News
BREAKING: Reps pass amended 2024 budget of N35.055trn
The House of Representatives recently made significant legislative strides concerning Nigeria’s fiscal and labor policies. Here’s a breakdown of the key developments:
- 2024 Appropriation Bill:
- The House passed a bill to increase the 2024 Appropriation from N28.7 trillion to N35.055 trillion. This adjustment was made during the consideration and adoption of Clauses 1 to 13, based on the recommendation of the House Committee on Appropriation.
- The breakdown of the proposed budget includes:
- N1,742,786,788,150 for Statutory Transfers
- N8,270,960,606,831 for Debt Service
- N11,268,513,380,853 for Recurrent Expenditure
- N13,773,275,994,384 for Capital Expenditure (Development Fund)
- Highlights of the Budget:
- The budget aims to support critical infrastructure projects across Nigeria, including road and rail developments such as the Lagos-Calabar and Sokoto-Badagry road projects, as well as various rail lines.
- It’s termed as a “budget of renewed hope” with a focus on funding legacy projects that are crucial for national development.
- National Minimum Wage Amendment:
- The House also passed a bill to amend the National Minimum Wage Act 2019, proposing to increase the minimum wage from N30,000 to N70,000. This amendment also seeks to reduce the review period from five to three years.
- The rationale behind the amendment is to address the rising cost of living and ensure that the minimum wage remains adequate for workers across Nigeria.
- Legislative Process:
- Both bills passed through Third Reading after thorough consideration and debate in the House, indicating a significant step towards implementing key fiscal and labor reforms.
These legislative actions reflect the House of Representatives’ commitment to addressing economic challenges and supporting infrastructure development while ensuring the welfare of Nigerian workers through appropriate wage policies.
News
200 Kaduna varsity lecturers resign over poor condition of service
Most of the lecturers who left the institution secured appointments in newer universities within and outside Kaduna State.
The Academic Staff Union of Universities (ASUU) has raised concern over the departure of more than 200 lecturers of Kaduna State University, (KASU).
Chairman of ASUU-KASU, Dr Abubakar Abdullahi, disclosed this at a press conference on Monday in Kaduna, lamenting that lecturers, including professors, left the institution due to poor conditions of service and non-implementation of the 2025 Federal Government- ASUU Agreement.
Abdullahi said that most of the lecturers who left the institution secured appointments in newer universities within and outside Kaduna State.
Consequently, the Union has issued a two-week ultimatum to the Kaduna State Government and university authorities to implement and domesticate the agreement.
The union warned that failure to act within the period could result in a total and indefinite strike at the university.
News
Edo House of Assembly Elect New Speaker Idiaye, Hints Why Agbebaku Resign
“Once the leadership is poor, it will drag the work of the governor backwards. So we decided to say no.”
•The new Speaker of the Edo House of Assembly, Mr Yekini Idiaye
The Edo House of Assembly has sworn in a newly elected Speaker , Yekini Idiaye, following the resignation of the former speaker, Blessing Agbebaku.
Speaking in an interview after his swearing-in ceremony in Benin, Idiaye pledged the full cooperation of the house to the state executive, describing Governor Monday Okpebholo as a performing leader who deserved legislative backings.
“He is doing a lot for the people of Edo, so we have to cooperate with him to move the state forward,” he added.
Fielding question on the exit of the former speaker, Idiaye cited the challenges of corruption and poor leadership.
Idiaye said: ” There’s corruption here and there. Every now and then it is adjournment — we resume tomorrow, adjournment for another 30 days, 20 days — and we were all not too happy with this leadership style.”
The new speaker pointed out that a weak legislature directly affected the executive, adding that the house had to act to protect the governor’s performance.
“Once the leadership is poor, it will drag the work of the governor backwards. So we decided to say no.”
News
Defence Headquarters say X Account Compromised
The Director of Defence Information, Major General Samaila Uba, disclosed this in a statement, describing the incident as a cybersecurity matter.
The Defence Headquarters (DHQ) has issued a notification to the public, media representatives, and relevant stakeholders regarding the compromise of its official account on X (formerly known as Twitter).
The Director of Defence Information, Major General Samaila Uba, disclosed this in a statement, describing the incident as a cybersecurity matter.
He said “appropriate technical measures had been activated to secure the account and prevent further unauthorised access.”
Uba assured the public that efforts were ongoing to fully restore control of the account, while advising members of the public to disregard any suspicious, unauthorised or misleading content posted from the account during the period.
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