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.
A joint security operation against terrorists has led to the rescue of nine persons in Ekiti Local Government Area of Kwara State.
According to inside sources, Forest Guards, under the supervision of the Directorate of Security Services and working with members of the local hunters and vigilante group, embarked on bush-combing operations. They discovered a hideout of the kidnappers and engaged them.
Nine persons were rescued in two separate operations in the forest of Obbo Aiyegunle. One of the kidnappers was neutralised while others fled with gunshot injuries.
One of the rescued persons is said to be receiving medical care at an undisclosed medical facility in the local government.
News
Zamfara LG Chairman Abduction: Security operatives intensify rescue efforts
Security forces are currently conducting deliberate operations at the suspected location of the terrorists, aimed at safely rescuing the abducted Chairman.
• Family of the abducted Zamfara LG Chairman
Aliyu Danjal, Lieutenant Colonel Media Information Officer Joint Task Force (North West) Operation FANSAN YAMMA, disclosed that on hearing gunshots, troops of Operation FANSAN YAMMA responded immediately and swiftly moved to the scene where they engaged in hot pursuit of the terrorists leading to a fierce exchange of fire.
News
IGP Disu orders officers to shoot anyone carrying illegal firearms
Disu explained that the directive was backed by Force Order 237, which empowers police officers to respond immediately to armed threats without waiting for approval from superior officers.
The Inspector-General of Police, Olatunji Disu, has directed police officers across the country to shoot on sight anyone found carrying illegal firearms, as part of intensified efforts to curb insecurity.
Disu issued the directive on Friday during a stakeholders’ meeting at the Government House in Makurdi, the Benue State capital, saying the move followed President Bola Tinubu’s instruction that the lingering security crisis in the state must be brought to an end.
The police chief maintained that only authorised security personnel are legally permitted to carry firearms, warning that law enforcement agencies would no longer tolerate the unlawful possession of weapons.
” You cannot move around freely carrying arms as if there is no law and order in this country. It will not be tolerated,” he said.
Disu explained that the directive was backed by Force Order 237, which empowers police officers to respond immediately to armed threats without waiting for approval from superior officers.
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