News
NASS Hikes 2018 Budget By N508bn
The National Assembly has jacked up the 2018 budget from the N8.612trillion figure presented by President Muhammadu Buhari last November to N9,120,334,988,225.
This represents a whooping N508billion difference, which the lawmakers have inserted into the appropriation bill.
The new figure is embedded in the report of the National Assembly Joint Committees on Appropriation presented before the Assembly, yesterday.
A breakdown of the budget indicates that N530.4billion is for statutory transfer, N2.20trillion for debt service and N199billion for sinking fund for maturing loans.
Also, N3.51trillion is allocated to recurrent (non-debt) expenditure, while N2.87trillion is earmarked for development fund for capital expenditure.
The National Assembly is expected to pass the budget this month, over six months since it was presented to the Assembly by Buhari.
Meanwhile, the House of Representatives, yesterday, said the 2018 Appropriation Bill of N9.12 trillion would be passed, today.
Deputy Speaker of the House, Yussuff Lasun, who presided at plenary, made this known after the budget report was presented by the Chairman, Committee on Appropriation, Rep. Mustapha Dawaki.
The N9.12trillion budget is N410 billion higher than N8.61trillion appropriated in 2017.
Lasun advised members to pick copies of the budget from the appropriation committee as the House was likely to pass the budget, today.
At the Senate, the report of the Committee on Appropriations was laid by the Chairman, Senator Danjuma Goje, APC, Gombe Central.
The presentation of the report was seconded by the Chairman, Senate Committee on Public Accounts, Senator Matthew Urhoghide, PDP, Edo South.
The Senate had on several occasions accused Ministries, Departments and Agencies (MDAs) of not keeping to appointments with the various standing committees to defend their budgets.
The delay had prompted President Muhammadu Buhari to issue a deadline to heads of all MDAs to defend their budgets unfailingly.
Subsequently, the President of the Senate, Dr Bukola Saraki, on April 12, mandated the Appropriation Committee to tidy up reports on the budget latest by April 13.
With this development, the January to December budget cycle would not be obtainable with the 2018 budget.
Buhari had on November 7, 2017 presented a budget of N8.6trillion before a joint session of the National Assembly.
The president, who announced the 2018 budget as “Budget of Consolidation”, said the projected expenditure would drive rapid economic recovery.
He said at the session that with a benchmark of $45 per barrel at an exchange rate of N305 to a dollar in 2018, the budget would consolidate on the achievements of previous budgets to aggressively steer the economy to the path of steady growth.
However, strong indications have emerged that the budget would be passed this week, just as moves to do that are largely believed by concerned Nigerians, to have arisen as a result of May 31, 2018, set as deadline for life span of the N7.444trillion 2017 budget.
The six months the 2018 budget estimates has spent in the National Assembly has been the longest period for consideration of an appropriation bill so far since year 2000 when a full-fledged yearly budget was first presented to it.
News
RIFF 2026: RIFF Takes Film Tourism to Bonny Island
News
Soyinka Demands Accountability Over Extra-Judicial Killings
Nobel Laureate, Professor Wole Soyinka, has called on Nigerians to reject silence in the face of extrajudicial killings and other abuses of human rights.
Soyinka stressed that accountability and civic courage remain essential to rebuilding public confidence in the nation’s institutions.
He made the call during the 28th Wole Soyinka Lecture held in Port Harcourt, last Friday as part of activities marking his 92nd birthday.
The lecture, themed “Reclaiming the Nigerian State through Accountability, Justice and Civic Courage,” drew participants from different sectors of society.
The renowned playwright and human rights advocate said the country’s greatest tragedy was not only the unlawful killings carried out by state and non-state actors, but also the silence that often follows such incidents, allowing perpetrators to evade justice.
According to him, indifference by citizens to abuses of power and violations of fundamental human rights has contributed to the persistence of extrajudicial killings and other forms of injustice across the country.
Soyinka said he dedicated this year’s lecture to victims of unlawful killings, noting that the event was intended to honour individuals who had lost their lives as a result of failures within the justice system and society’s inability to protect the sanctity of human life.
He stressed that the lecture was dedicated to what he described as the basic unit of every society – the human being, and urged Nigerians to place greater value on human dignity irrespective of ethnicity, religion or social status.
The Nobel Laureate recalled several incidents of violence, including the fatal shooting and killing of a young man in Ugheli in Delta State by a police officer, and the mob killing of Deborah Yakubu in Sokoto State sometime ago, lamenting that many of those responsible are yet to face justice.
He expressed concern that some perpetrators of violent crimes had openly admitted their actions without fear of prosecution, describing such situations as evidence of serious failures within the nation’s justice system.
Soyinka maintained that when justice is delayed or denied, public confidence in state institutions continues to erode, thereby encouraging further violations of human rights.
Responding to critics who accuse him of promoting religious or ethnic divisions whenever he spoke on such issues, Soyinka dismissed the allegations and pointed out that his advocacy has always centred on the protection of human life and the rule of law.
He urged Nigerians to remain vigilant and continue demanding justice in cases of alleged extrajudicial killings, including the recent shooting of a young man by a police officer, stressing that every life deserves equal protection under the law.
The literary icon also recalled an earlier pledge by a past incoming president to make public the files relating to unresolved assassinations and extrajudicial killings, questioning the status of the promised investigations.
He challenged citizens to continue asking questions about unresolved cases, insisting that justice, accountability and respect for human dignity are indispensable to building a peaceful, democratic and inclusive Nigerian society.
News
FAAN Backtracks, Says No Fire Incident At Lagos Airport’s Terminal 2
The Federal Airports Authority of Nigeria (FAAN) has clarified that there was no fire at Terminal 2 of the Murtala Muhammed International Airport, Lagos, contrary to its earlier advisory.
Earlier yesterday, FAAN had announced that a fire incident had occurred at Terminal 2 of the nation’s busiest airport, and assured that its Aerodrome Rescue and Firefighting Service had been deployed to contain the situation.
There were also reports that activities were briefly disrupted at the airport yesterday after smoke was seen inside parts of the terminal.
Videos circulating online showed passengers kept standing outside the terminal while firefighters responded to the incident.
However, in an update issued less than two hours later by the Director of Public Affairs and Consumer Protection, Henry Agbebire, and posted on FAAN’s official X handle, the authority said preliminary findings showed that the smoke seen at the terminal was caused by the discharge of the facility’s FM-200 fire suppression system.
“Further to our earlier advisory regarding the incident at Terminal 2 of the Murtala Muhammed International Airport, Lagos, the Federal Airports Authority of Nigeria (FAAN) wishes to provide the following update,” the statement read.
“Preliminary findings indicate that there was no fire at the terminal. The smoke observed within the affected area resulted from the discharge of the terminal’s FM-200 fire suppression system. The reason for the activation of the fire suppression system is currently being investigated,” FAAN stated.
The authority said normal operations had resumed at the terminal while investigations were ongoing to determine the cause of the incident.
“Normal operations have since resumed at the terminal, while detailed investigations are ongoing to determine the exact cause of the incident,” the statement added.
The authority thanked passengers, airlines, airport users and other stakeholders for their understanding and cooperation.
FAAN appreciated the understanding and cooperation of passengers, airlines, airport users and all stakeholders, and reiterated its commitment to the safety and security of all airport operations.
-
News5 days agoSoldier, Police Officer Killed As Army Rescues Nine Abductees In Zamfara
-
News5 days agoFubara Reaffirms Commitment To Creating Conducive Environment For Business Growth …Commissions Paint Manufacturing Plant
-
Sports5 days agoFifa Scraps Controversial World Cup in Plan
-
Business5 days agoFG Grants Customs Duty, VAT Exemptions On Imported Electric, Gas Vehicles
-
News5 days agoPH NBA Election: Committee Uncovers Over 500 Padded Names On Voters’ Register
-
Business5 days agoVet Doctors Vow Support To Check Rabies Spread In Rivers
-
Sports5 days ago
INEC Seeks Media Partnership, Declares Readiness For Osun Guber Poll
-
Politics5 days ago
COUNCIL BOSS RECEIVES RETURNING STAKEHOLDERS TO RAINBOW COALITION IN RIVERS LGA
