The Commission asked the National Assembly to almost double its allocation of N43billion for 2024 so it can have more money for the expansion of its operations and to cater for the rising cost of living of personnel Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukayode, has said the commission intends to construct buildings to accommodate the operation of its zonal officers across the country. The EFCC boss disclosed this at...
Contributions of opposition members during the 2024 budget debate suggest that the role expected of them by their parties may be evaporating even before things start to get hot Barely 24 hours after the President, Bola Tinubu, presented the 2024 budget, the House of Representatives commenced debate on its general principles. The lawmakers say this was to hasten the assessment and approval of the appropriation bill. OrderPaper observed the submissions of the lawmakers between Thursday...
The chairperson of the disability committee also said plans are afoot to mainstream disability inclusion into all facets of law-making and oversight delivery of the legislature The House of Representatives Committee on Disability has said it will work to ensure that concerns around disability inclusion are mainstreamed into the 2024 budget being processed by the National Assembly. The Committee also said it seek allocation of more funds for the National Commission for Persons with Disability...
The lack of provisionsin the disability rights act to cater for the peculiar needs of children with disabilities in the extant law is a gap the House of Representatives will look to close, says Rep. Dawodu The Chairman, House of Representatives Committee on Disability, Rep. Bashiru Dawodu, has expressed the desire of the legislature to amend the disability rights act to cater for the peculiar needs of children and other minors living with disabilities. Rep. Dawodu...
Unrealistic parameters and projections in the 2024 appropriation bill may turn the budget of renewed hope into renewed hopelessness, warns a member of the House A member of the House of Representatives from Anambra State, George Ibezimako Ozodinobi, has cautioned against unrealistic paramaters and projections in the 2024 budget proposal. Ozodinobi (LP, Anambra) gave the caution during the debate of the 2024 appropriation bill at the plenary on Friday. The Labour Party lawmaker, who...
With a flurry of positive comments, the House passed the 2024 appropriation bill on Friday after lawmakers aired their submissions at plenary for two days The N27.5 trillion budget proposed for 2024 has passed second reading in the House of Representatives. The House passed the appropriation bill on Friday after lawmakers aired their submissions on the estimate during plenary held for two consecutive days. Debate on the bill began on Thursday, November 30, about 24...
Debate on the 2024 budget presented by President Bola Tinubu to the National Assembly on Wednesday, has commenced in the House of Representatives. The House of Representatives has began debate on the N27.5 trillion budget proposed by President Bola Tinubu on Thursday. Opening the debate, the Leader of the House, Julius Ihonvbere, observed that the 2024 budget focused on education, security, and infrastructure development, among other key priorities. He described the budget as a...
The representative from Kaduna State argued that adhering to the UNESCO recommendation on allocation to the education sector would do the country a lot of good A lawmaker in the House of Representatives, Bello El-rufai (APC, Kaduna), has advised that the allocation for the education sector in the 2024 budget meet the 26 per cent benchmark recommended by the United Nations Educational, Scientific and Cultural Organization (UNESCO). He said on the plenary on Thursday,...
The President said new borrowings are inevitable to fund the budget deficit in keeping with the trend before he assumed office The N9.18 trillion deficit for the proposed 2024 budget will be financed using a N7.83 trillion fresh loan to be taken by the federal government, says President Bola Ahmed Tinubu. The federal government will also use multilateral and bilateral loans secured for specific projects and privatisation proceeds of N22 billion to fund the...
The much-anticipated student loan scheme has now received budgetary allocation to ensure commencement next year President Bola Tinubu has said the student loan scheme will become operational by January 2024. He disclosed this on Wednesday during the presentation of the 2024 Appropriation Bill at the National Assembly in Abuja. According to him, the scheme is a sustainable model for funding tertiary education, and increasing citizen’s access to higher education. Describing the budget as the Renewed...
