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BREAKING: President Tinubu’s N27.5tn 2024 Budget Faces-Saturday Approval As Senate Committees Submit Defense Reports 

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On Saturday, the National Assembly is poised to approve the 2024 budget of N27.5tn as approximately 541 ministries, departments, and agencies of the Federal Government conclude their defense…..CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

 

 

 

Senator Adeola Solomon, Chairman of the Senate Committee on Appropriation, disclosed in an interview with Nivo News on Monday that the Senate would resume plenary on Wednesday. He mentioned that the committee has initiated the submission of reports from all sub-committees to its secretariat.

Expressing confidence, Senator Solomon stated that the committee on appropriation anticipates presenting its report on Thursday, with the budget set for approval on Saturday. President Bola Tinubu had presented the N27.5tn budget to a joint session of the National Assembly on November 29, 2023.

The budget, which pegs the deficit for the 2024 fiscal year at N9.18tn, is lower than the N13.78tn deficit recorded in 2023. Tinubu outlined that the deficit would be financed through new borrowings, privatisation proceeds, and drawdowns on multilateral and bilateral loans.

Following the budget defense by approximately 541 MDAs, various committees have begun submitting their reports. The Senate has been actively engaged in discussions and meetings with heads of MDAs and committee members.

Senator Adeola emphasized the importance of meeting the December 31, 2023 deadline for passing the budget into law. He urged committee chairmen to submit their reports by Wednesday, and if not, the Appropriation Committee would allocate funds based on its discretion.

He further hinted that the Committee on Appropriations might present its report on Thursday, with the budget potentially passing on Saturday. The spokesperson for the Senate, Senator Yemi Adaramodu, echoed this sentiment, stating that committees should submit their reports by Wednesday, allowing for the budget to be laid on Thursday.

The House of Representatives expressed optimism about completing the defense of the 2024 budget proposal before December 31, 2023. Akin Rotimi, the Chairman of the Committee on Media and Public Affairs, dismissed concerns about the pace, assuring that the House was committed to passing the budget in line with the January-December cycle.

Minority House Leader Kingsley Chinda emphasized the importance of adhering to the budget cycle for the nation’s economy, urging colleagues to prepare for the exercise. Other representatives echoed the commitment to passing the 2024 budget on time, ensuring effective appropriation processes.

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FROM BEHIND BARS! Uwazuruike Drops Bombshell: Nnamdi Kanu Is Recruiting Igbo Youth For Violence From Prison!.

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Ralph Uwazuruike, an agitator for the Biafran nation, has accused Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), of continuing to recruit Igbo youths for violent activities from his prison cell in Sokoto. Uwazuruike claims that this ongoing recruitment is directly responsible for the deaths of many young people.....KINDLY READ THE FULL STORY HERE▶

  • Call to Action: He urged Igbo leaders and the pan-Igbo organization, Ohanaeze Ndigbo, to travel to Sokoto to demand that Kanu cease his recruitment efforts.

  • Opposition to Violence: Uwazuruike emphasized his own aversion to violence and questioned how someone serving a life sentence for terrorism can continue to mobilize youths for such causes.

  • Advocacy for Amnesty: He questioned why IPOB members cannot renounce violence and seek government amnesty and rehabilitation, similar to the programs offered to repentant terrorists and bandits in northern Nigeria.

  • Context of Allegations: Uwazuruike’s comments appear to be prompted by recent social media videos featuring hooded, armed militants who claim loyalty to Kanu and threaten further violence in the South East to secure his release.

  • Leadership Changes: These concerns also follow reports that Kanu has restructured his leadership team from prison and initiated a vague “100-man-project”.

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THE VIRAL REBUTTAL! APC Chieftain Ayekooto Fires Back: Remi Tinubu’s Advice Was Not For Yahoo-Boys Or Obidients!.

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APC chieftain Ayekooto Akindele has defended First Lady Remi Tinubu regarding her controversial advice to women about engaging in small-scale businesses, such as selling roasted corn, akara, and kuli-kuli. Akindele clarified that this guidance was not intended for internet fraudsters or supporters of Peter Obi.....KINDLY READ THE FULL STORY HERE▶

  • Target Audience: The advice was specifically aimed at individuals living at or below the poverty line who seek to earn an honest living while maintaining their dignity.

  • Defense of Small Businesses: Akindele argued that the businesses mentioned by the First Lady are daily necessities patronized by almost every household in Nigeria.

  • Critique of Critics: He claimed that those criticizing the advice, including “Yahoo-boys” and “ObiDENTs,” view such work as beneath them because they aspire to high-level trade like selling cars, rather than starting with small-scale ventures.

  • Advocacy for Honest Labor: The APC chieftain emphasized that these small enterprises provide a path to earning a livelihood without resorting to immoral activities or cybercrime.

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BLOOD ON THE SOIL! MACBAN Demands Immediate Justice For Slain Benue Chairman Ardo Risku!.

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The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has expressed deep sorrow and shock over the assassination of its Benue State Chairman, Ardo Risku, and is demanding that security agencies launch a comprehensive investigation to ensure the perpetrators face justice.....KINDLY READ THE FULL STORY HERE▶

  • Context of the Attack: MACBAN reported that Risku was killed shortly after attending a security meeting requested by Ohimini Local Government officials to discuss regional peace and stability.

  • The Incident: Approximately an hour after the meeting, Risku and an associate were intercepted and fatally shot in Okudu village.

  • Premeditation Concerns: The association views the killing as a “dastardly and deeply disturbing act” and highlighted that the timing, immediately following a peace-oriented security meeting, suggests the attack may have been premeditated.

  • Pattern of Violence: MACBAN noted that this incident follows a recent attack on the deceased’s son, a lawyer, in a village last week, further supporting the need for a thorough and transparent investigation.

  • Broader Impact: The association emphasized that targeting community leaders and peace advocates actively sabotages efforts toward dialogue and peaceful coexistence.

  • Commitment to Peace: Despite this tragedy, MACBAN reaffirmed its dedication to collaborating with government and security institutions to resolve national security concerns and offered condolences to the victim’s family and the Benue State chapter.

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