Abuja

Wike Seeks NASS Approval To Spend N61.6bn The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, on Wednesday sought approval of the National Assembly to spend N61.6 billion 2023 supplementary budget. Wile made the appeal when he appeared before the Senate and House of Representatives Committees on FCT at the National Assembly complex in Abuja. He said that the supplementary budget was to accommodate additional inflows comprising receipts from Paris Club Refund, Pay As You Earn (PAYE) Tax Liabilities, and Special Intervention Funds. Other sources are Internally Generated Revenue (IGR) and the Infrastructure Support Fund, leading to a…

House of Representatives vows to scrutinise 2024 budgetHouse of RepsThe House of Representatives has pledged a meticulous examination of the 2024 Appropriation Bill, as presented to the National Assembly by President Bola Tinubu. They expressed their commitment to scrutinizing the document similar to their previous scrutiny that revealed the inclusion of a N5 billion provision for a presidential yacht in the 2023 supplementary budget. Philip Agbese, the Deputy Spokesman of the House of Representatives, made this disclosure in response to President Tinubu’s appearance before a joint session of the National Assembly on Wednesday for the presentation of the 2024 budget.…

💥BOOM Key Quotes From President Tinubu's speech On (Proposed) 2024 Budget Of Renewed Hope ●1. "The 2024 Appropriation bill has been themed the Budget of Renewed Hope." ●2. "The proposed Budget seeks to achieve job-rich economic growth, macro-economic stability, a better investment environment, enhanced human capital development, as well as poverty reduction and greater access to social security." ●3. "Defence and internal security are accorded top priority. The internal security architecture will be overhauled to enhance law enforcement capabilities and safeguard lives, property, and investments across the country." ●4. "Human capital is the most critical resource for national development. Accordingly,…