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BREAKING: Reps pass amended 2024 budget of N35.055trn

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The House of Representatives recently made significant legislative strides concerning Nigeria’s fiscal and labor policies. Here’s a breakdown of the key developments:

  1. 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)
  1. 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.
  1. 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.
  1. 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.

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Political Thugs Block Obi‘s Convoy During Visit To Benue

Speaking at the scene, Obi said he was informed that youths allegedly sponsored by the state governor had blocked the road and were preventing him from proceeding.

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Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has condemned the alleged obstruction of his convoy on Tuesday by suspected political thugs and security operatives in Benue State.

Obi’s convoy was blocked along Boko Road, near the Air Force Base, shortly after arriving in Benue.

Obi, who was in the state to commiserate with communities affected by recent killings, said that his team was stopped from gaining access to the area where he intended to pay a condolence visit.

Speaking at the scene, Obi said he was informed that youths allegedly sponsored by the state governor had blocked the road and were preventing him from proceeding.

“I am here in a place where people have been killed. I am here to commiserate with them, but now I have been told that youths sponsored by the governor have blocked the road and made sure I do not go in,” Obi said.

He noted that he remained at the location for some time and questioned the circumstances surrounding the alleged blockade.

“I have been standing here since. We cannot have a country like this. It does not make sense to me. The rascality is totally unacceptable,” he said.

Obi expressed concern over the spate of killings in Benue, saying people who wanted to visit affected communities and show solidarity should be allowed to do so.

“People are being killed every day in Benue. People want to condole them and show that they are with them. I came here only to be told we cannot go in,” he said.

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Judiciary Staff Union Confirms Journalist General Secretary

The appointment marks a notable transition for Akwashiki, who spent more than 15 years reporting on organised labour, industrial relations, trade unions and workers’ issues before moving into union administration.

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The Judiciary Staff Union of Nigeria (JUSUN) has confirmed veteran labour journalist, Comrade Moses John Akwashiki as its substantive General Secretary.

Akwashiki’s appointment was approved by the National Working Committee of the union and took effect from September 5, following his stint as Acting General Secretary.

The appointment marks a notable transition for Akwashiki, who spent more than 15 years reporting on organised labour, industrial relations, trade unions and workers’ issues before moving into union administration.

In a letter conveying the approval, JUSUN national president, Comrade Marwan Mustapha Adamu, congratulated Akwashiki, and urged him to discharge his responsibilities in accordance with the union’s Constitution and Code of Conduct.

The letter, titled “Confirmation of Appointment as Substantive General Secretary of Judiciary Staff Union of Nigeria”, stated that the National Working Committee had approved his appointment with effect from September 5.

• TRIBUNE

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JUST IN: Traffic Chaos Expected on Lagos-Ibadan Expressway From Tuesday

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….as FG starts two-week Kara Bridge repairs tomorrow

Motorists face severe traffic disruptions on the Lagos-Ibadan Expressway starting Tuesday as the Federal Government begins a two-week repair of the Kara Bridge.

The Federal Ministry of Works has scheduled the rehabilitation works to commence tomorrow, with the project expected to last 14 days. The repairs aim to address structural issues on the critical bridge, a major link for commuters and heavy-duty vehicles between Lagos and Ogun states.

Authorities have advised road users to explore alternative routes or adjust travel times to avoid prolonged delays during the construction period. Traffic management measures are expected to be put in place, though details on lane closures or diversions have yet to be fully released.

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