Connect with us

Politics

N6.2trn supplementary budget for minimum wage, infrastructure, says Minister

Published

on

The Federal Government says the proposed N6.2 trillion supplementary budgetary will be used to pay the minimum wage.

Mr Atiku Bagudu, the Minister of Budget and National Planning, gave the assurance while addressing the House of Representatives’ Committee on Appropriation in Abuja.

He said that the funds would be spent on stimulating the economy through the implementation of various infrastructural projects.

These projects include road, rail, water, irrigation, and dam projects in the 2024 fiscal year with prudent utilisation of the funds.

He said that the N3 trillion would cater for the newly proposed national minimum wage, for which President Bola Tinubu said the bill would soon be sent to the National Assembly.

He said that the proposed budget was also aimed at providing counterpart funding for rail projects that had literally stopped for a while, including the longest among them.

These, according to him, are the Port Harcourt Main Bridge, which would traverse the rivers Imo, Enugu, Ebonyi, Anambra, Benue, Nasarawa, Plateau, Katsina, Bauchi, Gombe, Yobe, and other parts of the country.

The minister said the second project is Badagry-Tin Can Port, Lekki Port, while the third one is Lagos-IIbadan Standard Gauge, adding that the fourth one is Kano-Marada Standard Gauge.

He said that there would be funding for rolling stock that is required, adding that this would gulp the sum of N530 billion as requested for the five rail projects.

Bagudu said that the sum of N522 billion was also provided for water, irrigation, and dam projects, adding that the proposed N3.2 trillion renewed hope infrastructural fund was “intended to provide equity contributions.

ALSO READ:  Reasons Behind My Removal By Appeal Court, Governor Abba Yusuf

Bagudu assured that the projects encapsulated in the amendment to the 2024 Appropriation Bill would not limit the revenue available for the implementation of the 2024 Appropriation Act.

Rep. Abubakar Bichi, the Chairman of the House Committee on Appropriation, had earlier urged the Minister to give details on the Appropriation Bill, including the N3.2 trillion capital expenditure increase.

This also includes the N3 trillion recurrent expenditure for the newly proposed national minimum wage transmitted by Mr. President for accelerated consideration.

Bichi observed that there was a need for Nigerians to be adequately informed of the details of the proposed N6.2 trillion budget.

This, he says, was in addition to the N28.7 trillion appropriation Act approved for the 2024 fiscal year.

The Committee urged the Federal Government to address the infrastructural deficit and also address issues of security.

Responding, Bagudu said that various efforts were being made to address issues concerning the security of lives across the country.

The News Agency of Nigeria (NAN) reports that some of the projects proposed in the supplementary budget include: Lagos-Calabar, a 1,000-kilometer road project for which a sum of N150 billion is required

Sokoto-Badagry road projects, as well as the rail project, for which the Chinese government has provided 85 percent funding while the Federal Government is yet to provide the 15 percent counterpart finance.

According to Bagudu, the Lagos-Calabar, which is expected to start in three different sections, has commenced in Lagos, the Calabar end, and one additional section, Sokoto-Calabar.

He added that the Lagos-Calabar also covered the five Southeast States as well as Port Harcourt and Maiduguri rail lines. (NAN

ALSO READ:  PEPT Verdict: Tribunal Reaffirms Nigerians' Choice of Tinubu – Deputy Senate President

Politics

Lagos to Conduct Local Government Elections on July 12

Published

on

The Lagos State Independent Electoral Commission (LASIEC) has announced that the local council elections will be held on July 12.

Mr. Tope Ojo, LASIEC’s Head of Public Affairs, made the announcement on Friday in Lagos. He indicated that elections for 57 council chairmanship positions and 376 councillor seats are scheduled for this date, with a potential re-run on July 19 if necessary.

Lagos State consists of 20 Local Governments and 37 Local Council Development Areas (LCDAs). The election date was strategically selected to prevent any leadership vacuum within the state’s councils.

The notice from LASIEC confirmed that the elections will encompass all 20 Local Governments, 37 LCDAs, and 376 wards. As the current local government administration approaches its conclusion, LASIEC has intensified its efforts to ensure a seamless electoral process.

The commission has officially initiated the electoral process with the release of the Notice of Election. Political parties are required to visit the LASIEC headquarters to acquire nomination forms for their candidates.

Ojo also announced a meeting with all registered political parties scheduled for Tuesday. “The Election Guidelines will be published on April 17,” he added.

LASIEC has expressed its preparedness for the upcoming polls in Lagos councils. Campaign activities and rallies are set to commence on April 18 and will conclude on July 9.

Nomination forms for “substituted” and “only candidate” submissions must be completed and submitted between June 18 and June 25. LASIEC Chairman, Justice Bola Okikiolu-Ighile (rtd), has pledged to ensure a fair and equitable environment for all political parties. He reiterated the commission’s dedication to conducting a free, fair, inclusive, and credible election, urging political parties and aspirants to adhere strictly to the electoral timetable.

ALSO READ:  Court of Appeal Removes Abure,Installs Apapa as LP National Chairman
Continue Reading

Politics

Ndume To Tinubu: Buhari’s Support Is Crucial

Published

on

….He remains adorable figures in the north

Senator Ali Ndume has asked President Bola Ahmed Tinubu to be worried if ex-President Muhamamdu Buhari is not on his side.

Speaking during an interview on Channels TV’s Politics Today, the lawmaker said although Buhari has just one vote, he remains an adorable figure in Northern Nigeria.

Ndume spoke after former Vice-President Atiku Abubakar led key opposition figures to Buhari’s residence in Kaduna, on Friday.

The senator said he was also planning a visit to Buhari.

He said, “Buhari’s followership has diminished naturally because it is different when you are not in power and after spending like eight years in power. Of course his popularity, everything has diminished, it is natural, but you can’t write him off especially with the Northern masses. The followership of Buhari has been occultic. You cannot explain it.

“If Buhari is coming here now, you will see people rushing to see. Everybody including those in the vegetable market will rush here. Buhari is still with the Talakawas

“Tinubu should be worried if Buhari is not on his side. Every number counts and Buhari has one vote. Tinubu should also be worried about my position. Because I have one vote for him. He does not have a vote for me.”

Elanza News learnt that there were concerns over the potential exit of the Congress for Progressive Change (CPC) bloc from the APC.

This was amplified following a recent meeting between former Buhari and APC governors.

The visit, which took place on Monday in Kaduna, was initially perceived as a routine courtesy call but has since sparked speculation about its deeper purpose.

ALSO READ:  Fubara Agrees To Conduct Fresh LG Poll After S’Court Verdict

It was gathered that the governors reportedly sought Buhari’s intervention to halt defections from the party, particularly by key members of the CPC bloc.

The governors’ appeal reportedly arose from growing concerns about potential defections ahead of the 2027 general elections. The defunct CPC, a key bloc within APC, remains highly influential, with Buhari regarded as its central figure.

There are fears within APC that the exit of this bloc could spell disaster for the party on a national scale.

The Monday meeting took place amid a wave of defections by Buhari’s allies from APC to SDP. Former Kaduna State governor, Nasir El-Rufai was the first to publicly announce his departure, claiming he had secured Buhari’s blessing before leaving the party.

Several former ministers who served in Buhari’s cabinet are also reportedly finalising plans to join the SDP, and in Buhari’s home state of Katsina, numerous APC members have already defected to the SDP.

The CPC, founded in 2009, merged in February 2013 with the Action Congress of Nigeria (ACN), a faction of the All Progressives Grand Alliance (APGA), and the All Nigeria Peoples Party (ANPP) to form what is now known as the APC.

Elanza News gathered that the governors feared Buhari’s enduring cult-like followership in the North could become a major liability for APC if he backs his CPC associates. His bloc vote, they feared, could be catastrophic for the party in 2027.

It was gathered that the governors specifically urged Buhari to dissuade his CPC associates from leaving APC. However, the former president reportedly declined to make any such commitment.

ALSO READ:  Reasons Behind My Removal By Appeal Court, Governor Abba Yusuf

While reaffirming his loyalty to APC, he insisted that others must be allowed to make their own political choices—a principle he said he has upheld throughout his political career.

Meanwhile, Buhari has said he remains a committed member of the ruling APC.

In a statement by Garba Shehu, his spokesman, Buhari was quoted to have said after Wl-Rufai’s defection, he would never turn his back on the APCy that gave him the platform to become Nigeria’s number one citizen.

Continue Reading

Politics

‘No vacancy in Aso Rock come 2027,’ ex-lawmaker declares

Published

on

A two-term former Lagos State House of Assembly member, Sir Jude Idimogu, says there will be “no vacancy” in Aso Rock come 2027.

Idimogu, who represented Oshodi-Isolo Constituency II between 2015 and 2023, made the declaration in an interview with the News Agency of Nigeria (NAN) on Friday in Lagos.

He was reacting to the recent announcement by an opposition group, which vowed to defeat the ruling All Progressives Congress (APC) of President Bola Tinubu in 2027.

Idimogu, who is also the deputy leader of Igbo socio-cultural organisation, Ndigbo, Lagos State, and APC member, said no alliance between opposition leaders could pose a significant threat to Tinubu’s re-election.

The former lawmaker described the coalition of opposition politicians against the second term aspiration of the president as nothing but an exercise in futility.

He noted that the ruling party had a strong leadership and grassroots support that would propel the party to victory in 2027.

Idimogu maintained that the president deserved a second term because he was building a legacy of sustainable development.

“In Nigeria, power is being rotated between the North and the South, so I believe it is the turn of the South to complete their eight years in office.

“So there is no vacancy in Aso Rock come 2027 and I am appealing to all the Northerners in the party to support the president to complete his eight years.

“Regarding the coalition, I can tell you, there is really no political gang-up that can unseat Tinubu in 2027,” he said.

Idimogu said that President Tinubu’s Renewed Hope agenda was yielding positive results, hence he did not see the prospect of any opposition candidate reeling out anything better than his.

ALSO READ:  President Tinubu Elevates Speaker Abbas with National Honour, Bestows GCON

“I don’t know which of the candidates will come out today and reel out a policy that is better than what the administration of Tinubu is doing.

“This is because Tinubu’s Renewed Hope agenda is yielding positive results and we can see improved power supply.

“Our naira against the dollar is now gradually appreciating with the restoration of the naira-for-crude deal, and the export drive,” he said.

The ex-lawmaker also noted that the prices of food items were gradually reducing in the market with the implementation of favourable policies to increase farmers’ outputs.

“So I will give it to him (Tinubu). In two years’ time, I will be one of those that will quickly champion his re-election in 2027,” he said.

Idimogu advised the people behind the coalition to instead join hands with the president in the interest of the country. (NAN)

Continue Reading