Author: Chief Editor

Budget of Economic Growth and Sustainability Delivered By: His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja Thursday, October 7, 2021 PROTOCOLS 1. It is my great pleasure to be here once again to present the 2022 Federal Budget Proposals to this distinguished Joint Session of the National Assembly. 2. Distinguished and Honourable leaders, and members of the National Assembly, let me start by commending you for the expeditious consideration and passage of the Supplementary Appropriation Bill 2021. This further underscores your commitment to our collective efforts to contain the…

Governor Willie Obiano of Anambra State, has said the threat of the declaration of a state of emergency ahead of the November 6, 2021 gubernatorial election in his state did not have the backing of President Muhammadu Buhari. Obiano, who spoke with newmen on Thursday after a closed-door meeting with President Buhari at the State House, Abuja, said he had reported the Attorney-General of the Federation and Minister of Justice; Abubakar Malami, to the President over the matter. He also described the threat as unfortunate, and wondered why Malami had not contemplated the imposition of emergency rule in Northern states…

President Muhammadu Buhari yesterday received his predecessor, Dr. Goodluck Jonathan, in his office at the Presidential Villa, Abuja. The former president came into Aso Rock at about 4pm but it is unclear what the duo discussed as Jonathan did not speak to journalists after the meeting. The ex-President has been working as ECOWAS special envoy to Mali, a position that has brought him in more regular contact with President Buhari in recent times. [ThisDay]

Goalkeeper Maduka Okoye, who in recent matches has been Super Eagles’ first choice shot stopper, may not be in goal today as Nigeria hosts Central African Republic (CAR) in a Qatar 2022 World Cup qualifier. The match at the Teslim Balogun Stadium, Lagos, is the first of a two-leg encounter with CAR as African teams battle for five slots in the 2022 World Cup train. Maduka, who plays in Holland for Sparta Rotterdam, arrived in camp only yesterday to the chagrin of Coach Gernot Rohr, who expected all his players to be in Lagos latest on Tuesday morning. On hand…

Nigeria President Muhammadu Buhari has presented the 2022 budget to the National Assembly for approval. Buhari arrived at the National Assembly Complex in the company of governors, ministers, and heads of Federal Government agencies. He noted that the 2022 Appropriation bill is tagged a “Budget of Economic Growth and Sustainability.” It is estimated at ₦16.39trillion. The Nigeria president stated that the budget was designed “to build on the achievements of previous budgets and to deliver on our goals and aspirations as will be reflected in our soon-to-be-launched National Development Plan of 2021 to 2025.” He said allocations to MDAs were…

Approves N80 million for agency’s take-off Ekiti State Governor, Dr. Kayode Fayemi, has assented to the Drugs and Health Commodities Management Agency Bill. Fayemi said the law was introduced to provide a strong legal basis for the establishment of Ekiti State Drugs and Health Commodities Management Agency. The governor, while signing the bill into law in Ado-Ekiti, yesterday, as part of activities marking his third year in office, said N80 million had been approved as seed funding for the established agency. He said that the bill would lay a solid legal background for the manufacturing, procurement, distribution, sales and management…

Oyetola presents N129.7b 2022 budget to House Lagos State House of Assembly, yesterday, approved the request of Governor Babajide Sanwo-Olu to revise the 2021 Appropriation Law. Chairman of the House Committee on Budget and Economic Planning, Gbolahan Yishawu, who read the various sectoral allocations on the floor during plenary, announced the new appropriation law as N1.25 trillion. According to Yishawu, N513.3 billion was approved for recurrent expenditure from the Consolidated Revenue Fund, while N743.2 billion from the Development Fund was approved for capital expenditure, both for the year ended December 31, 2021. Speaker of the Assembly, Mudashiru Obasa, subsequently read…

•Returns from Ethiopia, promises S’Sudan political, economic stability President Muhammadu Buhari, will tomorrow, present the 2022 budget to a joint session of the National Assembly. Deputy Senate President Ovie Omo-Agege dropped the hint yesterday when he referred to the Nigerian leader’s submission of the revised 2022-2024 Medium Term Fiscal Framework (MTFF) to the Committee on Finance for consideration. The Senator Solomon Olamilekan Adeola-led panel was mandated to report back today. “You will have to report back to us latest tomorrow (Wednesday) to enable us to use it as a predicate for the budget presentation on Thursday,” Omo-Agege said. Buhari, in…

•Union, stakeholders urge filling of ‘35,000 vacancies’, prompt payment of retirees by Lagos The Nigeria Union of Teachers (NUT) has deplored the non-payment of the basic salary by some state governments since the National Minimum Wage Act was signed into law in 2018. It warned that members nationwide would be directed to withdraw their services if the issues are not urgently addressed. In remarks to mark the 2021 World Teachers’ Day, the body’s National President, Dr. Nasir Idris, stressed that following the COVID-19 pandemic, teachers needed to be adequately empowered for effectiveness. His words: “The NUT observes with dismay that…

• IGP appoints new police commissioner for Anambra Southeast governors rose from a meeting in Enugu, yesterday, and declared that they would do everything to end the ‘sit-at-home order of the proscribed Independent Peoples of Biafra (IPOB). The declaration was contained in a communiqué issued at the end of their meeting with stakeholders and made available to newsmen. The meeting was convened by the Ebonyi State governor, Dave Umahi, and hosted by Governor Ifeanyi Ugwuanyi of Enugu State. Reading the communiqué, Umahi said the governours were worried by the spate of insecurity in the region and condemned the continued ‘sit-at-home order.…