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Nov 11 Guber Poll: Hoodlums Temporarily Occupy INEC Office In Kogi

Suspected political hoodlums today, November 29, temporarily occupied the Kogi State headquarters of the Independent National Electoral Commission (INEC) in Lokoja, the State capital.
Reports reaching us at Greenbarge Reporters online newspaper said that it took security operatives tough time to be able to prevent the hoodlums from turning the scene into bloody riot.
The hoodlums were believed to have taken the advantage of a meeting between officials of INEC and legal teams of aggrieved governship candidates in the November 11 election in the State.
Confirming the incidence, the INEC Resident Electoral Commissioner in the State, Dr. Hale Gabriel Longpet said that the hoodlums, who he described as “mob,” barricaded all entrances to the office and prevented access for staff to carry out routine duties.”
Gabriel Longpet, in a statement, said: “the siege also prevented attorneys representing political parties involved in the recent off-cycle governorship election from inspecting documents/materials used in the election.
“It took the intervention of the Nigerian Army to calm the situation down at the State Headquarters. The security agencies have assured us that they will maintain normalcy on our premises.”
The Commission assured all parties and litigants that the Kogi State office is committed to granting unimpeded access to all materials needed to prosecute their petitions.

Please, Don’t Congratulate Me, NNPC Boss, Kyari, Tells Stakeholders, Well-Wishers

The Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari Kolo has called on the stakeholders in the oil sector and well-wishers across the country to avoid goodwill messages to him following his recent reappointment by President Bola Tinubu.
A statement today, November 29, by the spokesperson of the Company, Olufemi Soneye quoted Kyari Kolo as having expressed gratitude to all the Stakeholders and Nigerians for their enthusiasm over his reappointment.
He said that he viewed the reappointment as a renewed challenge and that he is committed to stabilize the oil industry and enhance service delivery for increased revenue.
“The GCEO humbly appeals to stakeholders in the oil sector and fellow Nigerians to support the company under his leadership to ensure the success of its mandate.
“Consequently, the GCEO kindly requests all parties concerned to refrain from issuing congratulatory messages on his reappointment. He emphasizes the necessity for all stakeholders’ commitment to drive revenue growth and fortify resilience for the naira and the economy.”

2024 Budget: Senate President Asks Tinubu To Restrict Movement Of Ministers, Others

President of the Senate, Senator Godwin Akpabio, has called on President Bola Tinubu to restrict the movement of his ministers and other relevant government officials, as the national assembly gets down to look at the 2024 budget estimate which the President presented before the lawmakers today, November 29.
Speaking shortly after the presentation of the budget by President Tinubu before the joint session of the National Assembly, Senator Akpabio stressed the need for any minister invited to promptly appear before the relevant Committees.
“To ensure maximum attention to the review of the Year 2023 Budget performance and the consideration of the Year 2024 Budget Proposal, we request that Mr President would mandate Honorable Ministers and Heads of Agencies to avoid any travelling engagements that would prevent them from honoring our invitation to promptly appear before our committees to defend their budget estimates.”
Akpabio reminded the leadership that their actions today, as they embark on considering the budget, “will shape the future of our nation. “Together, let us work towards a budget that reflects the aspirations and dreams of every Nigerian citizen for a greater country.”
Part of the speech of the Senate President is reproduced hereunder:
The presentation of the budgetary estimates sets the course for our nation’s fiscal policies and priorities for the coming year. It is an opportunity for us to deliberate, scrutinize, and collaborate in order to ensure that the budget aligns with the needs, hopes, and aspirations of our people.
Therefore, the National Assembly bears a great responsibility in the task of reviewing and approving the budget. We fully understand the weight of this responsibility, and the impact our decisions will have on the lives and welfare of the Nigerian people. It is our duty to ensure that the budget reflects the principles of transparency, accountability and inclusiveness. Consequently, we will certainly conduct a thorough and meticulous review of the budget estimates.
I would also like to express our gratitude to the President for his tireless efforts in driving economic growth, promoting social welfare, and enhancing the security of our country. His patriotic efforts give us hope, his antecedents comfort us, while his courage to take decisions motivates us.
In our people-focused legislative agenda, we place a strong emphasis on national security, recognizing it as a cornerstone for progress. These challenges demand a united front. We remain steadfast in our determination to work collaboratively with the executive to address and overcome the security challenges confronting our nation. In this National Assembly, the death of any Nigerian equates a loss of a constituent. So when ever we lose anyone to insecurity, it is the sound of the ambulance passing by our window. We believe that insecurity can and must be stopped and it must be stopped by all Nigerians rallying around and supporting Government’s efforts. We also want to seize this opportunity to appreciate our Armed Forces for fighting for us and sometimes paying the supreme sacrifice for us.
We need to acknowledge the specific achievements of President Bola Ahmed Tinubu’s administration so far. Those who doubted him, initially, forgot his track record as the Governor of Lagos State, Nigeria’s melting pot. They forgot his various economic reforms that helped attract investments and promoted economic growth; improved the ease of doing business; promoted pro-business policies; and attracted foreign direct investment, not to mention today’s robust internally generated revenue which he grew as the Governor of Lagos from N600 million to N50 billion. Nigerians believe you are the man for the job of fixing our economy.
Already we have seen significant economic reforms. Starting with the courageous removal of the petroleum subsidy which had become an albatross for our nation. He also took steps to unify the multiple foreign exchange markets, signed the 2023 Electricity Bill into an Act, not to mention other good works.
Mr President, Sir, as the removal of the petroleum subsity caused some discomfort in the nation, you responded with compassion and doled out palliatives to assuage the effects on the people. We the elected representatives of the masses of this country took note of the responsiveness your government.
We have also taken note that these bold decisions taken so far by this Government have created some measures of economic discomfort for some Nigerians. We plead for continued support for the Government to actualise the long term benefits of these policies. The pain of today is like the pain of childbirth, when the result (the baby) manifests, we will rejoice and forget the pains. However, we hope these budgetary estimates contain provisions to ameliorate the sufferings that the economic measures has exacted on our fellow citizens whom we represent here.
The Tenth National Assembly is fully aligned with the President’s dreams for our country. Our plans encompass comprehensive legislative actions that will contribute to nation-building, economic growth, and social development. Through strategic reforms, we aim to create an enabling legal environment for sustainable progress and growth.
Mr President, Distinguished Senators and Honorable Members, the two chambers of this Assembly are the two wings upon which not only the executive will soar but our country would rise as well. There is unparrarrel unity between the two chambers. Recently, the House of Representatives set forth its legislative agenda and that of the Senate will be out in due course. Both Chambers believe that we need to encourage the Executive Arm to unbundle some agencies for effectiveness, and merge agencies of Government which job definitions or or roles overlap for greater effectiveness. We deem it necessary for our country to go back to agriculture as a way of stopping the overdependence on crude oil. A monoeconomy is putting all our eggs in one basket. It is a risk we have taken for too long and we cannot continue to tempt providence..
We also believe that education should be prioritized and something done to stop frequent closures. If we do not checkmate the braindrain, the drain will numb our brains. This is why we must open the door of education, because when you open the door of education you close the door of the prison. We also want to plead with the Government to do all within its powers to reduce our high debt profile. We know that Mr President inherited this worrisome burden. But then the mark of a great leader is that he fixes the problems wherever they exist
Mr President, as we embark on this budget presentation, let us reaffirm our commitment to responsible governance, fiscal prudence, and the efficient allocation of resources for the benefit of all Nigerians. Together, with the spirit of unity and collaboration, we can overcome challenges and usher in an era of unprecedented development through reinvigorated revenue generation and fiscal prudence.
We will continue to support the war against corruption and collaborate with anti-graft agencies to ensure that we do not continue to lose money that could be used to develop our people. The Tenth Assembly will always stand with the people, protect their constitutional rights and fight for their welfare. We are glad that you share these sentiments for our people and had codified these in the Renewed Hope Agenda. This Agenda resonates with us as an instrument the people endorsed by voting you into office. Our legislative agenda constellate around it and we believe its faithful implementation would agur well for our nation, and put our country on a new growth trajectory.
Mr. President, we reiterate and assure you of the National Assembly’s readiness to support your administration. Our legislative agenda reflects our dedication to the Nigerian people, and we look forward to achieving remarkable milestones for our great nation under your purposeful leadership. However, from whom much is given, much is expected, and we will try to perform the oversight functions expected of this Assembly and ensure that the tax payers money is used to benefit the taxpayer.
In conclusion, we assure you that the proposals you have come to present will be diligently considered accordingly. We approach this moment with a sense of duty, unity, and purpose.

Oyedepo To His Son: Don’t Join Young Generation Of Pastors Of “I Know It All”

The Founder of the Living Faith Church Worldwide, David Oyedepo, has cautioned his son, Isaac, not to join the young generation of pastors who believed they know everything and are everything.
In a YouTube video which Isaac shared on his X account today, November 29, Oyedepo said: “My son, His times are not in your hands, your times are in His hands. Don’t be part of maligning or bringing down any ministry.
“Some years ago, someone stood up to give a testimony and to malign TREM and Deeper Life and I corrected it immediately. Never get to a point where you say this thing is only happening with me.”
In the video titled, ‘Unveiling of the Isaac Oyedepo Evangelistic Ministries.’ Oyedepo addressed a congregation believed to be members of his son’s newly-founded ministry.

The clergyman prayed for Isaac and his wife, Ayomitide, who knelt down to receive his blessings.
“Some years ago, someone stood up to give a testimony and to malign TREM and Deeper Life and I corrected it immediately. Never get to a point where you say this thing is only happening with me.”
The clergyman also prayed for Isaac and his wife, Ayomitide, who knelt down to receive his blessings.
Oyedepo was heard saying in part: “As hands are laid on you, I pray for unusual grace for sustainable connectivity that will keep you going without sweat.
“I pray that impact will be your goal not good preaching but great impact and I pray that your life will interpret your message in the name of Jesus.
“As you step into this new phase of your assignment, may you be clothed with humility. I have never begged, yet I have never lacked, I have never borrowed yet I have never lacked.”
Isaac had earlier addressed speculations about his status within the church and his relationship with his father.
He reiterated his commitment to the church and requested that the public exercise caution when considering information that has not been communicated through his official social media platforms.

We’re Determined To Strictly Monitor Implementation Of 2024 Budget – Reps Speaker, Abbas

Speaker of the House of Representatives, Abbas Tajudeen has assured Nigerians that the legislative arm of the government will strictly monitor the implementation of the 2024 budget for their benefit.
“We must ensure that the budget when finally passed, meets the expectations of the people we represent. We must equally follow through the implementation process through our various oversight engagements.”
Speaker Abbas, who delivered a vote-of-thank today, November 29, after President Bola Tinubu presented the 2024 budget estimate to the joint session of the National Assembly, said that already, budget monitoring committees have been set up.
He said: “for the first time in our legislative history, the 10th House of Representatives created monitoring and evaluation committees to ensure effective implementation of the budget and Mr. President’s 8 Point Agenda among others.”
He told President Tinubu that administration’s renewed hope agenda is the philosophical foundation of the Legislative Agenda of the 10th House of Representatives.
“We have developed a detailed roadmap to ensure that the legislature supports, promotes, and oversees the strategic objectives of this government. A major thematic area of our Agenda is “economic growth and development.
“We recognise the role that parliament plays in shaping the economic trajectory and the role that we play in influencing the economic environment.
“Towards this end, the National Assembly will support the government’s policies and programmes targeted at alleviating poverty, economic restructuring and diversification, as well as general social sector reform and development.
Speaker Abbas said that the Legislative Agenda was on 14th November, 2023 unveiled to the Nigerian public.
“Mr. President, it is a well-known fact that millions of our constituents are living through incredibly difficult times.
“For this reason, they also look to the Tinubu-led government to provide quick and sustainable solutions. The antecedents of the President and your track record in governance inspire a lot of hope in Nigerians.
“Mr. President, it is for this reason that we cannot afford to fail Nigerians. If anyone can change the rot and chart a new course for Nigeria, IT IS YOU! I have no doubt whatsoever that we can measure up to the expectations of Nigerians through your visionary leadership and the commitment of the National Assembly.
“Accordingly, the budget laid before us today should not be seen as a mere financial document but a reflection of our collective resolve to address the most critical needs of our long-suffering citizens. In order to promote economic growth and development, the 2024 Budget should prioritise social welfare programmes to help reduce poverty and inequality.
“Equally important is job creation and youth empowerment in view of the large and ever-growing youth population. Failure to do this means failure to invest in our future.
“This Budget must also prioritise investment in education and healthcare, which is critical to human capital development and a more productive workforce. Infrastructure development is another critical area of importance, which is crucial for economic growth.
“The biggest challenge, however, is balancing these priorities within the constraints of available resources.
“In view of this and the related challenge of a high level of public debt, the National Assembly will ensure that the 2024 budget includes concrete strategies for sustainable debt management, including measures to increase revenue and control expenditure.
“Specifically, the focus should be on raising more revenue through tax reform, fiscal reform, subsidy reform, foreign exchange convergence, and centralised revenue collection. In our recent engagement with MDAs on the MTEF, we emphasised the need for revenue-generating agencies to double their targets to meet the N18 trillion revenue projected in the budget.
“Mr. President, the effectiveness and legitimacy of fiscal policies depend to a very large extent on public support. As the People’s House and in line with our Legislative Agenda, the House of Representatives will convene the first national citizens’ budget town hall to harness public input and opinion.
“We are convinced that this will increase transparency and accountability, improve policymaking, and increase trust in government.
“Public participation in the budgetary process has been shown to improve resource allocation and service delivery as well as a more stable and robust economy.
“By seeking input from citizens, we aim to understand their local needs and preferences better and allocate resources more effectively.
“Going forward, Mr. President, we will also work to institutionalise pre-budget engagement with the executive to further improve and hasten the budget process.
“The House has already commenced interface with MDAs through the Sectoral Debates to understand the challenges facing government agencies and identify areas for legislative intervention. “All of these efforts are geared towards ensuring that we provide the necessary legislative support to your administration’s renewed hope agenda.”
Speaker Abbas identified budget enactment, budget implementation and budget oversight as some of the challenges facing budgets in the country, saying that the gaps in the various stages of the budget process underscore the need for budget reforms, including altering relevant sections of the Constitution and existing laws to strengthen the budget process and transform the budget into an authentic tool for development.
“For this reason, I propose enacting a Budget Act to strengthen the budget process and promote development outcomes. This is a well-established practice in democracies across the world.”

We’ll Finance 2024 Budget Deficit With New Borrowings Of N7.83 Trillion, Tinubu Tells NASS

President Bola Tinubu has projected the new borrowing of N7.83 Trillion to finance the 2024 budget deficit of the federal government.
Tinubu, who presented the federal budget estimate to the joint session of the National Assembly today, November 29, said that the budget deficit is projected at 9.18 trillion naira in 2024 or 3.88 percent of GDP.
He said however that the 2024 deficit is lower than the 13.78 trillion naira deficit recorded in 2023 which represents 6.11 percent of GDP.
The deficit, he explained, “will be financed by new borrowings totalling 7.83 trillion naira, 298.49 billion naira from Privatization Proceeds and 1.05 trillion naira drawdown on multilateral and bilateral loans secured for specific development projects.”
The President, who said that the total budget for the 2024 is N27.5 trillion, said that it has been based conservatively on oil price benchmark of 77.96 US Dollars per barrel and daily oil production estimate of 1.78 million barrels per day.
“We have also adopted a Naira to US Dollar exchange rate of 750 naira per US Dollar for 2024.
According to President Tinubu, the non-debt recurrent expenditure is 9.92 trillion naira while debt service is projected to be 8.25 trillion naira and capital expenditure is 8.7 trillion naira.
Read the full text of the President’s 2024 Budget Speech
PROTOCOLS
1. In furtherance of my sacred duties and obligations as President of the Federal Republic of Nigeria, it is my honour to be here today to present my administration’s 2024 Budget Proposal to this Joint Session of the 10th National Assembly. This moment is especially profound and significant to me because it is my first annual budgetary presentation to the National Assembly.
2. Distinguished Senators and Honourable Members of the National Assembly, I commend your swift consideration and passage of the 2023 Supplementary Appropriation Bills and the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper. Your prompt action underscores your devotion to economic development and to the greater welfare of our people. It also highlights your desire to work in close collaboration with the Executive branch. We do not serve ourselves. We must always strive to work together to serve and benefit the people of our beloved country.
3. I am confident that the National Assembly will continue to work closely with us to ensure that deliberations on the 2024 Budget are thorough but also concluded with reasonable dispatch. Our goal is for the Appropriation Act to come into effect on the 1st of January 2024.
4. It is, by now, a matter of recorded history that my very first fiscal intervention as President of this great nation was to end the fuel subsidy regime which had proven to be so harmful to the overall health of our national economy. The second was to negotiate and subsequently present a supplementary budget to enable my government to fund the items needed to restore macro-economic stability and mitigate the harsh impact of subsidy removal.
5. The third was to secure a second supplementary budget, this time to enable us to keep our promises to promote national security, invest in infrastructure and provide much needed support to the most vulnerable households in our society.
6. In swearing-in my cabinet and reflecting on the unique challenges facing us, I invited the Ministers to imagine that we are attempting to draw water from a dry well. Today, I stand before you to present our Budget of Renewed Hope; a budget which will go further than ever before in cementing macro-economic stability, reducing the deficit, increasing capital spending and allocation to reflect the eight priority areas of this Administration. The budget we now present constitutes the foundation upon which we shall erect the future of this great nation.
PREVAILING ECONOMIC ENVIRONMENT
7. Economic conditions remain challenging both abroad and at home. Despite lingering Post-Covid supply and production bottlenecks, armed conflict in various parts of the world and restrictive monetary policies in major economies, we expect global growth to hover around 3.0 percent in 2024. This relative low rate has significant implications for our economy due to our current reliance on importation.
8. Distinguished Senators, Honourable Members: despite the global headwinds, the Nigerian economy has proven resilient, maintaining modest but positive growth over the past twelve months.
9. Inflation has trended upward due to weak global conditions. To contain the rising domestic prices, we will ensure effective coordination of fiscal and monetary policy measures, and collaborate with sub-national governments to address structural factors driving inflation in Nigeria.
10. The Budget proposal meets our goal of completing critical infrastructure projects which will help address structural problems in the economy by lowering the costs of doing business for companies and the cost of living for the average person, The Honourable Minister of Budget and Economic Planning will provide full details of this proposal.
PERFORMANCE OF THE 2023 BUDGET
11. Distinguished Senators and Honourable Members, an aggregate revenue of 11.045 trillion nairawas projected to fund the 2023 Budget of 24.82 trillion naira with a deficit of about 6.1 percent of GDP.
12. As of September 30, the Federal Government’s actual aggregate revenue inflow was 8.65 trillion naira, approximately 96 percent of the targeted 8.28 trillion naira.
13. Despite the challenges, we continue to meet our obligations.
THEME AND PRIORITIES OF THE 2024 BUDGET
14. Distinguished Senators, Honourable Members, permit me to highlight key issues relating to the budget proposals for the next fiscal year. The 2024 Appropriation has been themed the Budget of Renewed Hope. 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.
15. 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.
16. Human capital is the most critical resource for national development. Accordingly, the budget prioritizes human development with particular attention to children, the foundation of our nation.
17. To improve the effectiveness of our budget performance, government will focus on ensuring value for money, greater transparency and accountability. In this regard, we will work more closely with development partners and the private sector.
18. To address long-standing issues in the education sector, a more sustainable model of funding tertiary education will be implemented, including the Student Loan Scheme scheduled to become operational by January 2024.
19. A stable macro-economic environment is important to catalyse private investment and accelerate economic growth. We have and shall continue to implement business and investment friendly measures for sustainable growth.
20. We expect the economy to grow by a minimum of 3.76 percent, above the forecasted world average. Inflation is expected to moderate to 21.4 percent in 2024.
21. In preparing the 2024 Budget, our primary objective has been to sustain our robust foundation for sustainable economic development. A critical focus of this budget and the medium term expenditure framework is Nigeria’s commitment to a greener future.
22. Emphasizing public-private partnerships, we have strategically made provisions to leverage private capital for big-ticket infrastructure projects in energy, transportation and other sectors. This marks a critical step towards diversifying our energy mix, enhancing efficiency, and fostering the development of renewable energy sources. By allocating resources to support innovative and environmentally conscious initiatives, we aim to position Nigeria as a regional leader in the global movement towards clean and sustainable energy.
23. As we approach COP 28 climate summit, a pivotal moment for global climate action, I have directed relevant government agencies to diligently work towards securing substantial funding commitments that will bolster Nigeria’s energy transition.
24. It is imperative that we seize this opportunity to attract international partnerships and investments that align with our national goals. I call upon our representatives to engage proactively to showcase the strides we have made in the quest to create an enabling environment for sustainable energy projects.
25. Together, we will strive for Nigeria to emerge from COP 28 with tangible commitments, reinforcing our dedication to a future where energy is not only a catalyst for development but also a driver of environmental stewardship.
26. Distinguished members of the National Assembly, the revised 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) sets out the parameters for the 2024 Budget.
27. After a careful review of developments in the world oil market and domestic conditions, we have adopted a conservative oil price benchmark of 77.96 US Dollars per barrel and daily oil production estimate of 1.78 million barrels per day. We have also adopted a Naira to US Dollar exchange rate of 750 naira per US Dollar for 2024.
28. Accordingly, an aggregate expenditure of 27.5 trillion naira is proposed for the Federal Government in 2024, of which the non-debt recurrent expenditure is 9.92 trillion naira while debt service is projected to be 8.25 trillion naira and capital expenditure is 8.7 trillion naira.
29. Nigeria remains committed to meeting its debt obligations. Projected debt service is 45% of the expected total revenue.
30. Budget deficit is projected at 9.18 trillion naira in 2024 or 3.88 percent of GDP. This is lower than the 13.78 trillion naira deficit recorded in 2023 which represents 6.11 percent of GDP.
31. The deficit will be financed by new borrowings totalling 7.83 trillion naira, 298.49 billion nairafrom Privatization Proceeds and 1.05 trillion naira drawdown on multilateral and bilateral loans secured for specific development projects.
32. Our government remains committed to broad-based and shared economic prosperity. We are reviewing social investment programmes to enhance their implementation and effectiveness. In particular, the National Social Safety Net project will be expanded to provide targeted cash transfers to poor and vulnerable households. In addition, efforts will made to graduate existing beneficiaries toward productive activities and employment.
33. We are currently reviewing our tax and fiscal policies. Our target is to increase the ratio of revenue to GDP from less than 10 percent currently to 18 percent within the term of this Administration. Government will make efforts to further contain financial leakages through effective implementation of key public financial management reforms.
34. Distinguished Senators and Honourable Members, in view of the limited resources available through the federal budget, we are also exploring Public Private Partnership arrangements to finance critical infrastructure.
35. We, therefore, invite the private sector to partner with us to ensure that our fiscal, trade and monetary policies, as well as our developmental programs and projects succeed in unlocking the latent potential of our people and other natural endowments, in line with our national aspirations.
36. Distinguished Senators and Honourable Members, this Budget presentation would be incomplete without commending the patriotic resolve of the 10th National Assembly to collaborate with the Executive on our mission to renew hope and deliver on our promises to the Nigerian people. I assure you of the strong commitment of the Executive to sustain and deepen the relationship with the National Assembly.
37. As you consider the 2024 Budget estimates, we trust that the legislative review process will be conducted with a view to sustaining our desired return to a predictable January-December fiscal year.
38. I have no doubt that you will be guided by the interest of all Nigerians. We must ensure that only projects and programs with equitable benefits are allowed into the 2024 Budget. Additionally, only projects and programs which are in line with the sectoral mandates of MDAs and which are capable of realizing the vision of our Government should be included in the budget.
39. As a Government, we are committed to improving the lot of our people and delivering on our promises to them. The 2024 Budget has the potential to boost performance, promote the development of Micro, Small and Medium-sized Enterprises, enhance security and public safety, and improve the general living conditions of our people.
40. In closing, I am confident that these budgetary allocations and directives will set Nigeria on a transformative path towards a sustainable and resilient energy future, fostering economic growth, job creation, and environmental preservation.
41. It is with great pleasure, therefore, that I lay before this distinguished Joint Session of the National Assembly, the 2024 Budget Proposals of the Federal Government of Nigeria, titled The Renewed Hope Budget.
42. I thank you most sincerely for your attention. May we collectively chart the course towards a brighter and cleaner future for our great nation.
43. May God bless the Federal Republic of Nigeria.

Reps Speaker, Abbas, Worried Over Absence Of Nigeria’s Mission In Iraq

The Speaker of the House of Representatives, Abbas Tajudeen has expressed worry over the absence of Nigerian mission in Iraq.
He is therefore planning a meeting with the Minister of Foreign Affairs, Ambassador Yusuf Tuggar on the matter.
The Speaker spoke today, November 28, while responding to a concern raised by the Iraqi Ambassador to Nigeria, Ambassador Anwer Saeed Aljabali who visited him.
Speaker Abbas is surprised that as at now, there is no contact point in Iraq where Nigerians can run to for help.
According to the Speaker, Iraq is an important country in the comity of nations, which is why Nigeria efforts must be made to make the Nigerian mission in that country operational.
“I want to assure you that we will take this matter up. I will meet with the Minister of Foreign Affairs to find ways of resolving the issues so that Nigerian Mission in Iraq will be open once again.”
Speaker Abbas said that the 10th House has established a Parliamentary Friendship Group that would relate with the Iraqi Parliament for better cooperation between the two countries.
“We are serious about parliamentary relations with parliaments around the world. That is why we created the Parliamentary Friendship Group with the Parliament of Iraq. The chairman of the committee will meet you in due course.”
Earlier, Ambassador Aljabali had stressed the need for a parliamentary friendship committee between the two countries.
The Iraqi Ambassador said that the Nigerian Mission in Baghdad has been closed for many years even after the Iraqi war, adding that Nigerians living in that country have to go to countries like Oman to be attended to diplomatically.
He pleaded with the Speaker to intervene on the matter, saying that Baghdad currently houses over 140 missions.

No One Steps Forward To Bail Ex CBN Governor, Emefiele, With ₦300 Million Bond

The former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been abandoned by friends and associates as none of them came forward to meet the prescribed N300 million bail bond. As a result, he is to remain behind bars till next year.
The Federal Capital Territory (FCT) High Court had granted bail to Emefiele in the sum of ₦300 million, along with two sureties in like sum. The bail application was filed by his legal representative, Mathew Burkaa, SAN.
The former CBN boss had previously been granted bail by the Federal High Court in Lagos, where he was required to pay ₦20 million.
The charges against Emefiele include allegations of corruptly conferring advantages on individuals and a company, as outlined in a six-count charge.
Among the charges are the award of contracts for the supply of vehicles and other services, totalling over ₦1.2 billion.
The charges specified instances where Emefiele is accused of corruptly conferring advantages on Sa’adatu Ramallan Yaro, a CBN staff, by awarding contracts for the supply of 37 Hilux vehicles at a cost of ₦854.7 million in 2018.
He is alleged to have conferred an advantage on a company with a CBN staff as a director by awarding a contract for the supply of one Toyota Avallon at the cost of ₦99.0 million.
The charges also involve the illegal award of contracts for the supply of Toyota Land Cruiser V8 vehicles, with one incident in 2019 at the cost of ₦73.0 million and another in 2020 at the cost of ₦73.8 million. Emefiele is accused of illegally awarding contracts for the supply of two Toyota Hilux in 2020 at ₦44.2 million and engaging in the illegal purchase of 43 vehicles between 2018 and 2020, amounting to ₦1.2 billion.

Nigerians Will Be Involved In 2024 Budget Process At Townhall – Reps Speaker, Abbas

The Speaker of the House of Representatives, Abbas Tajudeen has said that the 10th House is planning to convene a town hall meeting with stakeholders on the 2024 Appropriation which President Bola Tinubu is expected to present before a joint session of the National Assembly tomorrow, November 29.
According to the speaker, the townhall session would allow Nigerians to participate in the consideration and passage of the budget.
Speaking while declaring open, a one-day capacity building retreat for chairmen and deputy chairmen of House committees, he said that in line with its mantra, ‘Peoples House,’ the 10th House is committed to greater and more transparent engagement with the public.
Speaker Abbas stressed that the townhall session will reduce suspicion, building trust and generating support for the work of the National Assembly.
“As we expect to receive the 2024 Appropriation Bill in a few days, I wish to state that the House will convene a Budget Town Hall Meeting to enable citizens to make inputs into the 2024 Appropriation. It is the first time such an engagement is planned at the national level.
“I invite our partners to work with us in preparing for a vigorous and all-inclusive budget process.
“To ensure speedy passage of the 2024 budget, I charge all committees to double their efforts and finalise all considerations in two weeks.
“However, this does not imply haphazard and superficial consideration of the budget. Rather, it is a challenge to you to deploy all resources and make the needed sacrifices to ensure we pass the budget in good time for the good of all Nigerians.”
Speaker Abbas said that committees play a crucial role in the legislative process, and have been called the ‘engine room’ of the parliament.
He said that through committees, members develop subject matter expertise and undertake more detailed review and scrutiny of bills and other government policies.
He said that the committees have contributed in no small measure to improving accountability through its oversight function.
“It is no exaggeration to say that the National Assembly, especially the House of Representatives, has progressively exercised its powers to ensure that the executive is always answerable to the Nigerian people.”
The Speaker said that despite the growing assertiveness of the Nigerian legislature and its centrality in promoting good governance, committees face several challenges that impede their overall effectiveness.
These, he said, include a high turnover rate and its attendant effect on legislative expertise.
“For instance, the 10th House of Representatives has recorded the highest attrition rate since the return to democracy in 1999. As a result, critical knowledge and expertise have been lost in the process.”
Speaker Abbas listed other factors militating against committees’ effectiveness to include insufficient resources particularly inadequate funding, staffing and resources, all of which he said limit their ability to conduct thorough analysis and research.
“Despite the widely held belief, the House and its committees are grossly underfunded, making it nearly impossible for them to function optimally.
“Anyone familiar with the inner workings of the legislature knows the quantum of resources required to undertake robust oversight adequately, hire experts and consultants, undertake inspection visits and draft quality legislation.
“Ironically, while Nigerians expect the best representation from the National Assembly and its members, they do not always understand that this is only possible through adequate funding.”
At the event were the Deputy Speaker, Benjamin Okezie Kalu; Chief of Staff to the President and former Speaker of the House, Femi Gbajabiamila; a former President of the Senate and ex-Secretary to the Government of the Federation, Senator Anyim Pius Anyim; many members of the House as well as representatives of Konrad Adenauer Foundation (KAS) and YIAGA Africa, who provided support for the retreat.

Mele Kyari Kolo Returned As NNPCL Group Chief Executive Officer

The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPC Limited), Mele Kyari Kolo has retained his position as President Bola Tinubu regij management composition.
A statement by the presidential spokesman, Ajuri Ngelale said that the composition of the management of the NNPC Limited is in compliance with Section 59 (2) of the Petroleum Industry Act, 2021.
Others who have been appointed into the management team of the national oil company are:
(1) Chief Pius Akinyelure — Non-Executive Board Chairman
(2) Alhaji Umar Isa Ajiya — Chief Financial Officer
(3) Mr. Ledum Mitee — Non-Executive Director
(4) Mr. Musa Tumsa — Non-Executive Director
(5) Mr. Ghali Muhammad — Non-Executive Director
(6) Prof. Mustapha Aliyu — Non-Executive Director
(7) Mr. David Ogbodo — Non-Executive Director
(8) Ms. Eunice Thomas — Non-Executive Director
The statement said that the President also approved the appointment of two Permanent Secretaries, including Okokon Ekanem Udo as Permanent Secretary in the Federal Ministry of Finance
Amb. Gabriel Aduda was appointed as Permanent Secretary in the Federal Ministry of Petroleum Resources
The statement said that all the appointments takes effect from December 1, saying that the insisted on the fullest measure of compliance with the performance-driven and results-oriented mandate of his Renewed Hope administration in the implementation of energy policy that will monetize all available oil and gas resources of today while paving the way for the total exploitation of new and cleaner energy sources of tomorrow by the team.

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