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BREAKING: Reps scrap N5bn presidential yacht from budget, increase student’s loan to 10bn

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The House of Representatives has removed the controversial N5 billion presidential yacht from the 2023 supplementary budget.

The budget was passed on Tuesday by the House after adopting the report submitted by the Chairman of the Appropriations Committee, Abubakar Bichi from Kano State.

The Committee of Supply considered the recommendations of the Appropriations Committee and passed the bill.

Bichi, after the passage of the budget, spoke with journalists and announced that the controversial presidential yacht was removed by the committee.

He stated that the N5 billion was moved to the Student Loans, increasing the allocation for student loans to 10bn as against 5. 5bn

The Committee also increased the budgetary allocation of the Ministry of Defence from 476bn to 546bn following security concerns.

Bichi also disclosed that the minimum wage for workers was considered and approved for onward transmission to the executive while promising proper legislative oversight to ensure 100 percent implementation

The sum of 100bn was also retained for FCT as requested by the minister of the FCT, Nyesom Wike

The House, therefore, passed the sum of N2.177 trn as the supplementary budget.

Recall that the proposal by President Bola Tinubu had included spending N1.5 billion on vehicles for the office of the First Lady, N5 billion on a presidential yacht and another N12.5 billion on the presidential air fleet.

There are ongoing campaigns on social media to stop the National Assembly from approving the supplementary budget, however, the bill has been given speedy approval.

Following the passage of the bill, Speaker Tajudeen Abbas announced that the president would sign the bill on Friday.

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FG Immortalizes Buhari renaming UNIMAID after him

UNIMAID will now be known as Muhammadu Buhari University, Maiduguri.

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President Bola Ahmed Tinubu on Thursday announced that the University of Maiduguri would be renamed in honour of the late leader, Muhammadu Buhari.

UNIMAID will now be known as Muhammadu Buhari University, Maiduguri.

Presiding over the FEC session, President Tinubu delivered a stirring tribute, celebrating Buhari’s life as one defined by discipline, moral fortitude, and unwavering patriotism.

He described Buhari not as a perfect man—no leader is—but as a good, decent, and honourable man.

While acknowledging that Buhari’s record, like all legacies, will be subject to debate, Tinubu insisted that the character he brought to public life, the moral force he carried, and the incorruptible standard he represented will not be forgotten.

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JUST IN: Court Frees 24 IPOB Members After Four Years of Detention

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A high court in Ebonyi State has ordered the release of 24 members of the Indigenous People of Biafra (IPOB) after they were held in detention for four years.

The ruling on Thursday marks a significant development in the ongoing legal proceedings involving the group.

The 24 IPOB members were discharged and acquitted by Justice I. P. Chima of Ebonyi State High Court.

It was gathered that they were among the last batch of the IPOB detainees out of the 36 held since May 4 2020.

Meanwhile, their lawyer and human rights activist, Ifeanyi Ejiofor, confirmed their freedom in a statement titled, “Justice Delayed, But Never Denied.”

According to him, the ruling followed the preliminary objection which highlighted the brazen violation of their fundamental rights: particularly the constitutionally guaranteed protection against double jeopardy, enshrined under Section 36(9) of the 1999 constitution of the Federal Republic of Nigeria (as amended).

Ejiofor said the sacred principle, “autrefois acquit”, stipulates that no person shall be tried again for an offence in respect of which they have previously been acquitted.

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JUST IN: NIMASA closes two terminals in Lagos over ISPS Code violations

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Lagos State officials of the Nigerian Maritime Administration and Safety Agency, NIMASA, have sealed off ShellPlux and TMDK terminals, situated in the Ijegun-Egba area of the state, over repeated violations of the International Ship and Port Facility Security, ISPS, Code.

The action, announced on Thursday by NIMASA’s Head of Public Relations, Osagie Edward, stems from the agency’s responsibility as Nigeria’s designated authority for enforcing the ISPS Code, which was developed under the International Maritime Organisation, IMO, as part of amendments to the SOLAS Convention.

The code is designed to strengthen security protocols for ships and port facilities engaged in international commerce.

Edward stated that the shutdown followed consistent failure by the two terminals to comply with ISPS Code requirements, despite multiple formal warnings issued over time.

“This enforcement action is in line with global maritime security standards and conforms with Section 79(f) of the ISPS Code Implementation Regulations, 2014, which permits the closure of non-compliant facilities that remain in breach for more than three consecutive months,” he stated.

Commenting on the enforcement, NIMASA Director General, Dr Dayo Mobereola, noted that the agency resorted to the measure only after exhausting all other options.

“Our intervention is not punitive but necessary to protect Nigeria’s maritime assets.

As we work closely with the United States Coast Guard to improve Nigeria’s compliance status and remove existing conditions of entry for vessels, lapses like these cannot be ignored,” Mobereola said.

He emphasized that both facilities play vital roles in trade facilitation and would be reopened once they demonstrate full compliance with ISPS standards.

Mobereola also reiterated the commitment of the Minister of Marine and Blue Economy, Adegboyega Oyetola, to ensuring the growth of a secure, efficient, and sustainable maritime environment that supports international trade.

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