Connect with us

News

BREAKING: President Buhari presents 2023 budget to National Assembly

editor

Published

on

Buhari 2023 bu

President Muhammadu Buhari has arrived at the national assembly complex and is to present the 2023 budget to the National Assembly.

The appropriation bill presentation, which is the last before he hands over office to his successor, is taking place at the improvised House of Representatives chamber today Frida 7th October 2022.

While he would be presenting an appropriation bill of N19.76 trillion, the national assembly had already approved the 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), parameters on which the 2023 budget will be framed.

According to the document approved by the lawmakers, the estimated expenditure for the 2023 fiscal year is N19.7 trillion with Total Recurrent (Non-debt) of N8.53 trillion; Personnel Costs (MDAs) of N827.8 billion; and Capital expenditure (exclusive of Transfers) of N3.96 trillion.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Appeal Court upholds NDC registration, overturns Lokoja ruling

info

Published

on

By

NDC.jpg

The Nigeria Democratic Congress, NDC, has announced that it will participate in the 2027 general elections following a Court of Appeal judgment setting aside a Federal High Court ruling that ordered its deregistration.

The party’s National Leader, Henry Seriake Dickson, disclosed this in a statement reacting to the appellate court’s decision in Abuja.

Dickson said the Court of Appeal set aside the judgment delivered by Justice Isah Dashen of the Federal High Court in Lokoja a few months ago.

The statement reads in full:

Recommended

“Today, the Court of Appeal, sitting in Abuja, has set aside the judgment of the Federal High Court, Lokoja, delivered by Justice Isah Dashen a few months ago, which purported to order the deregistration of our party, the Nigeria Democratic Congress (NDC).

“In a judgment delivered by the presiding Justice, Mohammed Danjuma, and read by Justice Hassan, the Court ruled in favour of allowing our appeal, which challenged the faulty ruling of the Federal High Court, Lokoja, and accordingly, set aside Justice Dashen’s judgment.

“We want to use this opportunity once again to commend the Nigerian judiciary, and in particular, Hon. Justice Danjuma and Hon. Justice Hassan, for upholding the integrity of the Nigerian judiciary and, by their decisions, expanding the sphere of multiparty democratic participation in Nigeria.

“We have said repeatedly that the NDC was set up to expand the frontier of multiparty democracy in Nigeria. Justice Dashen’s judgment a few months ago was an unexpected assault on our constitutional right to participate and an attempt to narrow the democratic space.

“Happily, Today, by the decision of the Court of Appeal, the Nigerian democratic space has been protected, and the NDC’s right to participate in all political activities as a registered political party has been upheld.

“I congratulate all members and candidates of our great party, the NDC, and thank Nigerians for their prayers and support.

“When the unexpected judgment of the Lokoja Federal High Court was delivered, we were bombarded with several calls for sympathy, support and prayers. Today, our collective prayers have been answered.

“The NDC continues to exist. Our registration remains valid and subsisting, and we and all our candidates will participate in all elections in 2027 and beyond, by the grace of God.

“Everyone should now focus on the campaigns, prepare for the elections, and focus on the task ahead to face the APC and defeat them at the polls.

“A resort to arm-twisting, inducing or intimidating the judiciary will not work. We remain confident in the strength of our message, the commitment of our members, the viability of our candidates, and the support of Nigerians.

“With this conviction, we look forward to the forthcoming elections and are confident that the NDC will emerge victorious at the polls, by the grace of God.

“The fight for Nigeria’s multiparty democracy continues and, by the grace of God, we will emerge victorious.”

Continue Reading

News

Fuel subsidy: Tinubu may provide temporary succour, Lagos transporters plan protest – Atiku

info

Published

on

By

Atiku.jpg

The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, has hinted that President Bola Tinubu might temporarily provide succour following the recent hike in the pump price of fuel.

Atiku said Tinubu’s intended action will be based on a planned protest by Lagos State transporters.

He made the disclosure at a world press conference on Friday.

According to Atiku, Tinubu will remove the fuel subsidy and succour if re-elected in 2027.

Recommended

He said: “Let me also caution Nigerians that in the next few days there may be a demonstration by Lagos transporters and this will provide Bola Tinubu the excuse to temporarily provide succour of bringing back fuel subsidy and after being re-elected, go back to the same old policy.”

Meanwhile, Atiku has promised to restore the subsidy on fuel if elected president in 2027.

Recall that Tinubu ended the fuel subsidy regime during his presidential inauguration in 2023.

Since the removal, Nigeria has experienced a series of fuel price increments.

Continue Reading

Trending