Connect with us

COVER

FEC Approves N27.50trn for 2024 Appropriation Bill

Published

on

Share

By Ubong Ukpong, Abuja

The Federal Executive Council (FEC) has approved the 2024 appropriation bill of N27.50 trillion for the 2024 budget with a N1.5 trillion increase from the earlier estimated bill.

The government had proposed N26.2 trillion earlier but had reviewed the Medium Term Expenditure Framework (MTEF) that was approved by the National Assembly.

Minister of Budget and Economic Planning, Sen.

Atiku Bagudu, announced this on Monday at the end of the FEC meeting chaired by President Bola Tinubu in Abuja.

Similarly, House of Representatives on Monday, confirmed that President Bola Ahmed Tinubu would present his 2024 Appropriation bill to a joint session of the National Assembly on Wednesday.

Earlier in the day, the immediate past Speaker of the House of Representatives, Rt Hon Femi Gbajabiamila, who is Chief of Staff (CoS) to President Bola Ahmed Tinubu had said that the 2024 Appropriation bill would be presented to the National Assembly in the next few days.

Gbajabiamila, who said that FEC would tidy up work on the budget, however cautioned Committees Chairmen and Deputies in the House against imminent Infighting, saying that this has been the characteristic of committee heads since democratic government returned in 1999.

He said that the new proposal was legitimate because the appropriation was dependent on the final process that could be changed due to many variables including new priorities and MDAs presentations.

The former Speaker also advised his successor, Tajudeen Abbas, to nip in the bud this monster, to enable the House deliver on its good governance agenda for the people.

Bagudu said that MTEF that was approved by the National Assembly put the exchange rate at N700 per dollar and an oil price benchmark of 73.96 dollars.

He added that FEC revised the MTEF to use an exchange rate of N750 to a dollar and oil price benchmark of N77.96 in order to further fund the eight priority areas of the administration.

Bagudu said that the president would give more breakdown of the budget during its presentation to the National Assembly, stressing that the presentation date would be decided by the National Assembly.

The minister said that the 2024 forecast revenue would now be N18.32 trillion higher than the 2023 budget and the supplementary budgets provisions.

The Minister of Finance and Coordinating Minister of the Economy, Chief Wale Edun, said that the Federal Government has secured funds from the African Development Bank for budget support.

He said that the $1billion funds would aid effective implementation of the government reform policies as well as ensure transparency and accountability in the various tax reforms.

Edun added that it would be used in areas such as power and ensuring the efficient utilisation of tax revenues, adding that it was not for project.

Speaking in Abuja at a retreat organized for House of Representatives Committees Chairmen and their Deputies, with the theme, “Improving Legislative Performance through Effective Committee Management”, Gbajabiamila said that infighting between Chairmen and their Deputies, has been the greatest challenge of the House of Representatives.

“I experienced it when I was Speaker, Leader of the House, Minority Leader and Minority Whip”, he averred, expressing hope that Speaker Abbas, would work closely with the committee chairmen and their Deputies to solve this problem in 10th House of Representatives because, “as it it is said, when elephant and elephant are fighting the grass will suffer and in this case, the grass is the Nigerian people.

“We were guilty of this in 9th Assembly but I hope that the 10rh Assembly will correct it. Do your committee works thoroughly. Research thoroughly before going for your committee work”, he admonished his colleagues.

Declaring open the one day retreat, the Speaker, Abbas, said that committees would have only two weeks to conclude considerations of the budget for quick passage by the House.

He said it was in view of the budget presentation that the retreat was put together for the chairmen and deputies, to equip them for the task ahead.

The Speaker said that the House will convene a town hall meeting on 2024 budget to get citizens inputs before passage, which is first time this would be happening in the history of the House.

“In line with our mantra as the “Peoples House”, the 10th House of Representatives is committed to greater and more transparent engagement with the public. This is necessary for reducing suspicion, building trust and generating support for the work of the National Assembly.

“As we expect to receive the 2024 Appropriation bill in a few days, I wish to state that the House will convene a Budget Townhall Meeting to enable citizens to make inputs into the 2024 Appropriation.

“It is the first time such an engagement is planned at the national level. I invite our partners to work with us in preparing for a vigorous and all-inclusive budget process.

“To ensure speedy passage of the 2024 budget, I charge all Committees to double their efforts and finalise all considerations in two weeks.

“However, this does not imply haphazard and superficial consideration of the Budget. Rather, it is a challenge to you to deploy all resources and make the needed sacrifices to ensure we pass the Budget in good time for the good of all Nigerians”, he said.

The Speaker said the theme of the retreat was deliberately chosen “to provide a comprehensive understanding of the tasks ahead, especially for many of us taking up these legislative responsibilities for the first time.

“The legislature is central to our democracy, and a strong House is integral to ensuring that governance is conducted in an open, accountable, and representative manner.6.

“As chairmen and deputy chairmen of various committees, we must ensure that the House delivers on its Legislative Agenda. All Committees should study the relevant sections of the Agenda and incorporate them into their work plans.”

Deputy Speaker, Hon Benjamin Kalu, admonishing his colleagues, asked deputy chairmen to avoid rubbing shoulders with their chairmen, and that the chairmen must, equally, not treat others as their slaves, as they were only first among equals.

He urged them to be transparent in all their affairs and not take those that they oversight for granted.

COVER

Airports: Tinubu Seeks N24.6bn to Reimburse Nasarawa, Kebbi 

Published

on

Share

By Lubem Myaornyi, Abuja

President Bola Tinubu has written to the House of Representatives seeking the preparations and approval of a N24.6 billion Promissory Notes to reimburse Nasarawa and Kebbi States on the costs of their Airports taken over by the Federal Government.

Nasarawa is to be reimbursed N9.5 billion while Kebbi is to be reimbursed to the tune of N15.

1 billion.

In the letter read by the Deputy Speaker, Benjamin Kalu, who presided over the Plenary on Thursday, the President said, the takeover of the airports was in line with Item 3 of the Second Schedule of the 1999 Constitution (as amended) which placed the ownership of Airports and other Aviation related infrastructure in the exclusive list.

Similarly, the President in a separate letter presented an Executive Bill, the National Anti-Doping Bill 2024 for the House consideration.

The President said the bill seeks the creation of an agency for Nigeria to achieve world standards and codes on Doping by signatories to the international regulations.

He urged the House to give the Bill a speedy consideration before the commencement of the Olympic Games coming up later in July.

In another letter, the President sought the approval of a supplementary budget for the Federal Capital Territory (FCT) for the 2023 fiscal year.

Tinubu Transmits Bill on Sports Performance Enhancement Drug to Senate

Meanwhile, President Bola Tinubu has forwarded a bill to the Senate seeking to prohibit Nigerian athletes from consuming substances that enhance performance during or after competitions.

The president’s request was contained in a letter read by the Deputy Senate President, Barau Jibrin, who presided over the plenary on Thursday.

The bill titled “National Anti-Doping Bill 2024”, if passed, will regulate substances that can be consumed by athletes during sporting events.

In the letter, Tinubu said the bill would provide a legal framework for the establishment of the National Anti-Doping Organisation to regulate sporting competitions.

He explained that the establishment of the agency was a requirement for Nigeria to achieve compliance with the World Anti-Doping Code.

The World Anti-Doping Code (Code) is the core document that harmonises anti-doping policies, rules and regulations within sports organisations and among public authorities around the world.

Tinubu noted that the law will help Nigeria avoid the imposition of signatory consequences and the inclusion of laws of hosting and participating rights at regional, continental and world championships or major athletic events.

“In accordance with the provisions of section 58 (2) of the Constitution of the Federal Republic of Nigeria, 1999, as amended, I forward herewith the National Anti-Doping Bill 2024 for the kind consideration of the Senate.

“The National Anti-Doping Bill 2024 seeks to create an administratively independent National Anti-Doping organisation, which is a cardinal requirement for Nigeria to achieve compliance with the World Anti-Doping Code and the international standard for code compliance by signatures.

The enactment of this vital legislation will also help Nigeria avoid the imposition of signatory consequences, the inclusion of laws of hosting and participating rights at regional, continental and world championships or major athletic events”, Mr Tinubu added.

The president, however, urged the lawmakers to consider the bill before the Olympic Games seminar scheduled to be held in Paris in July for Nigerians to be part of the competition.

 “It is my hope that this submission will receive the humankind expeditious consideration of the distinguished members of the Senate of the Federal Nigeria for passage of the same to law before the Olympic Games seminar in Paris in July 2024.

“Please accept, distinguished president, the assurances of our highest consideration. Regards.”

Continue Reading

COVER

Medical Tourism: Senate Mulls Health Infrastructure Development Agency

Published

on

Share

The Senate at the plenary on Thursday passed through second reading, a Bill seeking for an Act to establish the Health Infrastructure Development Agency to provide a comprehensive framework to guide the planning, financing, construction, maintenance, and regulation of healthcare infrastructure in Nigeria.


The proposed legislation titled; “Bill for an Act to establish Health Infrastructure Development Agency,” was sponsored by the Minority Whip, Senator Osita Ngwu.

Leading the debate on its general principles, Ngwu who represents Enugu West senatorial district explained that the bill seeks to promote development and improvement of healthcare infrastructure so as to enhance healthcare access, quality, and delivery across the country.

He further explained that it seeks to strengthen the healthcare system by focusing on the modernization of healthcare facilities by leveraging public-private partnerships for sustainable infrastructure development.
The lawmaker lamented that the Nigerian healthcare industry faces challenges associated with outbound medical tourism, inadequate medical personnel and deteriorating medical infrastructure.
Making reference to a report by the International Trade Administration, which stated that Nigeria is still underdeveloped, lacks modern medical facilities and its healthcare indicators were some of the worst in Africa, Ngwu recalled that to reverse the trend, the government approved the second National Strategic Health Development Plan (2018-2020).
He pointed out that part of the objective of the plan was to improve availability and functionality of health infrastructure required to optimize service delivery at all levels, saying that it’s against this background that this Bill is proposed.
The lawmaker added that the Bill was a bold attempt at not only reversing the medical tourism of Nigerians to other countries, but also seeks to make Nigeria a medical destination hub within the shortest possible time.
“Healthcare infrastructure constitutes a major component of the structural quality of a health system. It is a key pillar that supports the aim of promoting improved standard of medical care and wellbeing. The Bill outlines the responsibilities and powers of a Board, emphasizes collaboration and coordination among stakeholders, and provides for the issuance of regulations and guidelines to support effective implementation of its objectives.
“The Bill proposes the establishment of an Agency to administer the framework for policy direction, standards, guidelines, efficient construction processes, and quality control measures. The Agency would also ensure that healthcare facilities are designed, constructed, and maintained to meet the highest standards and support the delivery of quality healthcare services.
“The Bill emphasizes the importance of rural healthcare access and outlines strategies for addressing healthcare disparities in rural areas. By implementing these strategies, Nigeria can enhance healthcare access and delivery in rural communities, improving health outcomes and reducing disparities. Provision is also made to accommodate the importance of public-private partnerships (PPPs) and the types of PPP models that can be employed. By implementing these guidelines, Nigeria can effectively leverage the expertise and resources of the private sector to improve healthcare access, affordability, and quality,” Ngwu said.
Thereafter the Bill was put to a voice vote by the President of the Senate; Godswill Akpabio who presided over the session and it was passed and referred to the Committee on Health Institutions.
Senate Passes North West Development Commission Establishment Bill
Similarly, the Senate on Thursday passed the North West Development Commission (NWDC) establishment bill, to address challenges facing the seven states in the zone.
This followed the adoption of the report of the Senate Committee on Special Duties, on the NWDC (Establishment) at Thursday’s plenary.
Presenting the report, the Chairman of the Committee, Sen. Shehu Kaka from Borno State said the purpose of the bill was well structured and strategically streamlined, for the socio-economic development of the North West zone of the country.
He added that the commission’s establishment would bring the federal government closer to the north western states, and meet the yearnings and aspirations of the people.
Kaka, therefore, urged the Senate to pass the bill.
The lawmakers unanimously passed the bill when it was put to a voice vote by the deputy senate president, Barau Jibrin who presided over the plenary.
In his remarks, Barau commended his colleagues for supporting the bill’s passage.
He said the commission would address the challenges, facing the zone and, by extension, the country.
Describing the North West as the food basket of the country, he said the commission would also work toward the restoration of infrastructure, destroyed by Boko Haram insurgents and bandits in the zone.
“So if we are serious about ensuring we have food, and for food security to be attained in this country, we must provide the necessary infrastructure for all our key sectors to thrive well.
“This commission is needed. I commend you all for supporting this; no one said no. Everybody supported this idea. So, now we are pushing the Bill to the House of Representatives for their approval and then, to Mr President for assent,” he said.

Continue Reading

COVER

Herdsmen Kill Pregnant Woman, 10 Others in Benue

Published

on

Share

From Attah Ede, Makurdi

Suspected armed herdsmen again reportedly killed a pregnant woman, 10 other persons during attack on Akilo community in Usha council ward in Agatu West of Agatu Local Government Area (LGA) of Benue State.

It was gathered that the victims were killed in their homes by the marauders who invaded  the community at about 3:30pm on Sunday.

The caretaker chairman of Agatu LGA, Mr.

Yakubu Ochepo, who confirmed the killings, said that “11 people  were killed.

Ochepo said of the number of  deaths recorded, seven corpses have been recovered.

According to him, A pregnant woman corpse, an elderly man and that of five youths have been recovered, adding  that the community members were able to achieve this through the  aid of soldiers and Air force personnel deployed to the area.

“Soldiers and Air Force went there yesterday (Sunday), to recover the corpses. There were gunshots and they were running away only to regroup again.

“I’m in Makurdi now to report to Operations Whirl Stroke. We need more hands. We hear they captured some alive and threw some into the river but we are still waiting for more reports from the area.

“We have not been able to recover the remaining four corpses yet,” he explained.

Ochepo appealed to both the state and Federal Governments to take drastic action towards ending the carnage by deploying more security personnel to Agatu to check the activities of the killer herdsmen in the LGA.

When contacted, the Benue State Command Police Public Relations Officer, Catherine Anene said she was yet to get information about the fresh attack in Agatu.

It would be recalled that three farmers were reportedly killed by gunmen suspected to be herdsmen at Ogbaulu community in Agatu LGA.

 The victims were working on their farms when the herders came to slaughter them.

Similarly, on April  9, 15 persons were killed after suspected herders attacked same Ogbaulu community.

It was gathered that the attackers conducted relentless attacks on the area for two weeks, invading  all the villages the area.

The Chairman of Agatu listed some of the communities currently  under siege by armed herders in Agatu LGA as: Olegomakwu, Onahe, Ocholonya, Okokolo, Ugboju, Olegobidu, Odugbeho, Odejo, Ogbaulu, Imwenyi, Adana, Ologba-Gishu, Iwarri, Ejima-gope, Ejima-gochi, Ikpele and Okpokpolo.

Continue Reading

Read Our ePaper

Top Stories

NEWS2 hours ago

Tinubu Establishes c’ttee on Green Economic Initiatives, Appoints Ajuri as Special Envoy

Share President Bola Tinubu has approved the establishment of a committee to oversee the Green Economic Initiative, known as the Presidential...

NEWS2 hours ago

ASUU Kicks as FG Unveils Tertiary Institutions’ Governing Council

ShareA few days after the Academic Staff Union of Universities gave the Federal Government an ultimatum over the failure to...

NEWS2 hours ago

Sacrifice and Selflessness as Hallmark of Leadership 

ShareBy Lawrence Onoja It gives me great pleasure and | am truly honoured to be asked to serve as Guest...

SPORTS3 days ago

Para Badminton: Bolaji, Chigozie qualify for Paris 2024 Paralympics

ShareThe duo of Mariam Eniola Bolaji and Jeremiah Chigozie have qualified for the Paris 2024 Paralympic Games coming up from...

NEWS3 days ago

FCTA Moves to Curb Medical Tourism

ShareBy Laide Akinboade, AbujaFederal capital Territory Administration (FCTA) has pledged to provide the necessary support for the successful completion and...

NEWS3 days ago

Ortom, Ode, Asemakaha Felicitates  With Alia on 58th Birthday

ShareFrom Attah Ede, Makurdi  Former Governor of Benue State, Chief Samuel Ortom, the incumbent Deputy Governor, Barr Sam Ode and...

BUSINESS3 days ago

NAICOM, RMAFC Collaborate on Economic Diversification

ShareBy Tony Obiechina, AbujaThe Commissioner for Insurance/CEO, Mr. Olusegun Ayo Omosehin, and his management team have met with the members...

BUSINESS3 days ago

22,000 Beneficiaries to Get N50,000 Nano Businesses Grant in Kogi

ShareFrom Joseph Amedu, LokojaNo fewer than 22,000 beneficiaries in Kogi will get N50,000 each, under the Presidential Conditional Grant Scheme...

dailyasset-greetings dailyasset-greetings
NEWS3 days ago

CBN Unveils Strategy to Boost Remittances

ShareBy Tony Obiechina, AbujaThe Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels...

BUSINESS3 days ago

Accountant General Declares N318.5b Revenue Inflow in First Quarter

ShareBy Ubong Ukpong, AbujaThe Accountant General of the Federation, Mrs Oluwatoyin Madein on Wednesday said total revenue inflows to the...

Copyright © 2021 Daily Asset Limited | Powered by ObajeSoft Inc