Politics
Breaking: President Tinubu Unveils Full Transcript Of His 2024 Budget Address (Full List)
President Bola Tinubu presented the 2024 budget proposal of N27.5 trillion to a joint session of the 10th National Assembly in Abuja on Wednesday, marking his first annual budgetary presentation since assuming office six months ago. The comprehensive proposal, themed the “Budget of Renewed Hope,” outlines key priorities such as defense and internal security, human capital development, and sustainable economic growth…CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
Key Points from President Tinubu’s Budget Presentation:
1. Economic Challenges: Despite global economic challenges, both abroad and at home, President Tinubu expressed confidence in the resilience of the Nigerian economy, which has demonstrated modest but positive growth over the past twelve months.
2. Inflation Management: Acknowledging the upward trend in inflation due to weak global conditions, the President highlighted plans to coordinate fiscal and monetary policies effectively. Collaboration with sub-national governments will also address structural factors contributing to inflation in Nigeria.
3. Performance of 2023 Budget: The President provided an overview of the 2023 budget performance, with an aggregate revenue of 11.045 trillion naira, achieving approximately 96 percent of the targeted revenue.
4. 2024 Budget Priorities: The 2024 Appropriation, labeled the “Budget of Renewed Hope,” emphasizes job-rich economic growth, macro-economic stability, a conducive investment environment, enhanced human capital development, and poverty reduction with improved access to social security.
5. **Security Overhaul: Defense and internal security take precedence, with plans to revamp the internal security architecture to bolster law enforcement capabilities and protect lives, property, and investments nationwide.
6. Human Capital Development: Recognizing human capital as a critical resource for national development, the budget prioritizes human development, particularly focusing on children as the foundation of the nation.
7. Education Sector: To address long-standing issues in the education sector, a sustainable model of funding tertiary education will be implemented, including the operationalization of the Student Loan Scheme by January 2024.
8. Economic Growth Projections: The government aims for a minimum economic growth of 3.76 percent in 2024, exceeding the forecasted world average. Inflation is expected to moderate to 21.4 percent.
9. Green and Sustainable Future: The budget aligns with Nigeria’s commitment to a greener future, emphasizing public-private partnerships and strategic provisions to leverage private capital for major infrastructure projects in energy, transportation, and other sectors.
President Tinubu’s presentation focused on sustaining a robust foundation for sustainable economic development, with a critical focus on Nigeria’s commitment to environmental consciousness and innovative initiatives.
The Federal High Court has announced that its 2026 Christmas vacation will begin on Monday, December 21, and end on Tuesday, January 5, 2027.....KINDLY READ THE FULL STORY HERE▶
The court is expected to resume regular sittings on Wednesday, January 6, 2027.
The announcement was contained in a statement issued on Monday by the Director of Information of the Federal High Court of Nigeria, Dr Catherine Oby Christopher.
According to the statement, the Chief Judge of the Federal High Court, Justice John Terhemba Tsoho, approved the vacation arrangement and the appointment of judges who will handle cases during the period.
Christopher explained that only designated judicial divisions would remain operational throughout the vacation to provide essential judicial services.
She added that the vacation judges would handle only matters involving the enforcement of fundamental human rights, the arrest or release of vessels, and other issues of urgent national importance, including the trial of pre-election cases.
The statement read:
“Pursuant to the provisions of Order 46, Rule 4(c) of the Federal High Court (Civil) Procedure Rules, 2019, the Chief Judge of the Federal High Court of Nigeria, Hon. Justice John Terhemba Tsoho, KSS, OFR, FCIArb. (UK), has approved the Christmas Vacation of the Court for the year 2026 and the roster of Judges designated to sit during the vacation period.
“The Christmas Vacation shall commence on Monday, 21st December 2026, and end on Tuesday, 5th January, 2027.
“Regular court sittings shall resume on Wednesday, 6th January 2027.
“During the vacation period, only the designated Judicial Divisions shall remain operational to provide judicial services to the litigating public.
“It is important to note that, during the vacation period, the Vacation Judges shall entertain only matters relating to the enforcement of fundamental rights, the arrest or release of vessels, and other matters of urgent national importance such as trial of pre-election cases.”
Full List Of Federal High Court Vacation Judges
The judges designated to handle cases during the Christmas vacation are as follows:
Abuja Judicial Division
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Justice I. E. Ekwo
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Justice O. A. Egwuatu
Lagos Judicial Division
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Justice Akintayo Aluko
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Justice Ogazi F. Nkemakonam
Port Harcourt Judicial Division
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Justice P. M. Ayua
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Justice A. T. Mohammed
Enugu Judicial Division
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Justice F. O. G. Ogunbanjo
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Justice M. T. Segun-Bello
The statement added that the Chief Judge extended Christmas and New Year greetings to all judges and members of the court.
latest
“Behave Yourself!” – Seyi Tinubu Fires Back At Isaac Fayose Over Port Harcourt ‘City Boy’ Walk.
Seyi Tinubu, son of President Bola Tinubu, has criticised political commentator Isaac Fayose over his remarks about the City Boy movement’s walk in Port Harcourt, Rivers State.....KINDLY READ THE FULL STORY HERE▶
Fayose had taken to social media to question the gathering, describing it as a waste of time and expressing doubts about the number of people who attended the event.
Responding in the comment section of the post, Seyi urged the businessman to conduct himself properly instead of criticising the group’s activities.
He defended the Port Harcourt walk, describing it as a successful and peaceful gathering organised by young Nigerians in support of President Tinubu and his administration.
Seyi wrote: “My content creator Egbon e behave ara yin o. You and I both know that those gallant men and women were there for the city boy walk in PH, which was a success by the way. Vote APC.”
In a related development, Fayose has alleged that he is being targeted with false accusations because of his support for the Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi.
The younger brother of former Ekiti State Governor, Ayodele Fayose, made the allegation in a video shared on his verified Facebook page on Sunday.
He was reacting to a post by an unnamed blogger linking him to a rape allegation, which he denied, describing it as a fabrication intended to damage his reputation because of his refusal to withdraw support for Obi.
Fayose further alleged that individuals who turn down offers from the All Progressives Congress (APC) are often subjected to smear campaigns.
Celebrity barman and socialite, Cubana Chief Priest, has challenged the Minister of Works, David Umahi, to provide evidence of projects he has executed in the South-East region.....KINDLY READ THE FULL STORY HERE▶
Chief Priest made the challenge in a video shared on social media, where he criticised the minister over the state of infrastructure in the region.
The socialite alleged that a bridge had stopped serving its intended purpose following work carried out on it under Umahi’s supervision.
He also accused the minister of promising votes for President Bola Tinubu without demonstrating sufficient development to convince residents of the region to support the President.
Chief Priest questioned what Umahi was relying on to persuade people in the South-East to vote for Tinubu. He also alleged that the minister was positioning his son to succeed Ebonyi State Governor Francis Nwifuru.
“Minister of Works, show us project wey you do for your region; our bridge is no longer bridging since you touched it. Let us go,” he said.
The socialite further criticised the alleged plan to position Umahi’s son for the governorship, arguing that political leadership should not be treated as a family affair.
He also questioned the level of development in Ebonyi State and the wider South-East, accusing the minister of failing to address the region’s challenges.
“Pharaoh, let our people go, honorable Minister of Works; Pharaoh, let the people of the Southeast go,” he added.
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