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

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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.

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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

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2027: South should be allowed to complete its eight years – APC Chieftain

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A chieftain of All Progressives Congress.(APC), Uche Nwosu, has said the South should be allowed to complete its eight years of presidency.

Nwosu, a former Chief of Staff to Imo government, stated this in an interview with newsmen on Saturday in Abuja.

According to him, the southern part of the country should be allowed to complete its eight-year tenure, just like the North did under former President Muhamadu Buhari.

“It is unfair and unjust to say power should return to the North in 2027. I am not in support of that. I’m 100 per cent in support of the south to compete its eight years.

“We have President Bola Tinubu who is from the south. So why should we, at this point in time, start talking about power returning to the north?

“Former President Buhari just finished his eight years. So, it is very justifiable that the south should finish its eight years too before we now talk about power shifting,” Nwosu said.

On the agitation for power shift to the South-East zone, Nwosu said that the people of the zone should allow Tinubu to finish his tenure first.

On his assessment of the President Bola Tinubu-led administration, Nwosu said it was too early to start judging the administration, advising Nigerians to still give it more chance.

He said that Tinubu had been able to record achievements in socio-economic and infrastructural development.

Nwosu stated that the president and his team were doing everything to address economic hardship, develop infrastructure and put food on people’s tables.

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On the move by some opposition leaders including former Vice-President Atiku Abubakar, the 2023 Labour Party Presidential Candidate, Peter Obi and former Gov. Nasir El-Rufai to form a coalition to take over power in 2027, Nwosu said it was not a challenge to APC.

“Coalition is good, but I don’t see them coming together because they all have their different ideas, personal interests and ambitions,” he said.

The APC chieftain urged the federal and state governments to address the root cause of insecurity in the country.

He also called for more collaboration between government and communities on protection of the lives and property of citizens.

Nwosu suggested the deployment of more security personnel to the areas where there were insecurity challenges.

On the gale of defections by politicians and political office holders to the ruling APC, Nwosu said that this did not mean that Nigeria was drifting toward a one-party.

“There is nothing new about the gale of defections. It is the people’s choice to decide which party they want to join, especially when their parties are in crisis.

“We all know that PDP is currently in crisis, with more than one national secretary. Also if your party is in crisis, you cannot be talking about party manifesto,” he said.

He also dismissed insinuations that people who had questions to answer for their past actions were the ones joining APC, saying that this was not true.

“APC is a separate entity from the federal government. So, when you move from PDP to APC, it does not mean that if there is anything you have done in the past, it should be closed,” he said.

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He maintained that APC was waxing strong in Anambra, assuring of the party’s chance to win the forthcoming governorship election in the state. (NAN

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2027: Governor Buni speaks on dumping APC for Atiku’s coalition

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Yobe State Governor, Mai Mala Buni, has declared he will not join the opposition coalition led by former Vice-President Atiku Abubakar.

The Director-General, Press and Media Affairs, Alhaji Mamman Mohammed, stated this in a statement issued in Damaturu on Saturday.

Recalled that a viral text message had claimed that Buni and four other APC governors had concluded arrangements to defect to the opposition PDP and join the coalition before the 2027 general elections.

Reacting to this, Governor’s media aide described the viral message as baseless fabrications, unwarranted imagination and assumptions that did not cross path with reality in any way, shape and form.

He said that at no time was the author of the text ever been close to the governor to think that he could attempt to predict the governor’s political movement.

“Buni is no ordinary member of APC; he is not just an APC governor. He is APC in all ramifications, with APC flowing in his veins.

“His contributions to building APC as a two-term National Secretary and National Chairman who chaired the party’s convention committee makes him unique and whose imagination of leaving the party cannot be speculated,” he said.

Mohammed said that the author and his paymasters must have been interested in Buni’s political sagacity and only wished they would have the likes of the governor. It must be wishful thinking,” he said.

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No leadership crisis in Enugu APC – Nnaji

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Minister of Innovation, Science and Technology, Chief Uche Nnaji, has debunked allegations made by individuals claiming to be stakeholders of the All Progressives Congress (APC) in Enugu North.

Reacting in a statement on Saturday in Enugu, Nnaji described the accusation of him causing leadership crises in APC, Enugu State chapter, as baseless and desperate.

He stated that the individuals involved neither speak for the party nor represent its authentic leadership in Enugu State.

The minister reaffirmed his status as a respected and prominent chieftain of the APC, emphasising his role as a founding member and pillar of the party.

He noted that his loyalty and contributions to the APC’s growth and stability at state, regional and national levels are well-documented and widely acknowledged.

Nnaji expressed confidence in Chief Ugo Agballa’s leadership, insisting that “Agballa remains the duly recognised and authentic Chairman of the APC in Enugu State.

“It is necessary to state unequivocally that the so-called stakeholders’ meeting lacks legitimacy, and their pronouncements hold no consequence for APC’s official leadership.”

The minister described their actions as “calculated attempts to cause confusion and mislead party members and the general public.”

He emphasised that governance must always be assessed holistically and not through blanket applause or hasty judgement.

Nnaji urged genuine APC members in Enugu State to remain focused, disciplined and committed to repositioning the party.

He further called on the APC national leadership and the public to disregard any claims made by individuals without a mandate.

Nnaji reaffirmed his commitment to the APC and service to Nigeria, stating he would not be distracted by “orchestrated campaigns of calumny and mischief.” (NAN)

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