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2024 Budget Will Be Ready For Passage Before December 30, Says Abbas

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The 2024 budget will be passed on Saturday, December 30, the Speaker of, the House of Representatives, Tajudeen Abbas said on Tuesday

Honourable Abbas, made this disclosure during the plenary session following the resumption of the green chamber after a brief recess to allow committees to scrutinise the budget estimates submitted by President Bola Tinubu.

The Speaker however did not reveal the figure finally agreed on as it will still harmonise its position with the Senate

President Tinubu presented a budget of N27.5 trillion to a joint section of the National Assembly on November 29 in Abuja.

The President pegged the budget deficit for the 2024 fiscal year at N9.18tn and explained that the deficit represented 3.88 per cent of Nigeria’s gross domestic product.

“The N9.18tn deficit is lower than the N13.78tn deficit recorded in 2023 which represents 6.11 per cent of GDP.

“The deficit will be financed by new borrowings totalling N7.83 trillion, N298.49 billion from privatisation proceeds and N1.05 trillion drawdown on multilateral and bilateral loans secured for specific development projects,” Tinubu had stated.

On December 1, 2023, the Senate passed the N27.5tn budget for a second reading.

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Tinubu’s Policies Will Deliver, Be Patient – Wike

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By Ifeoluwa Odunayo

Minister of the Federal Capital Territory (FCT), Nyesom Wike, has urged Nigerians to remain patient as President Bola Tinubu’s policies take effect, assuring that they are designed to bring long-term progress.

Speaking in Ibadan during a condolence visit to Governor Seyi Makinde, Wike emphasized that Nigeria was in a dire state before Tinubu took office, and the ongoing reforms are necessary for national recovery.

“This country was in a critical condition a few years ago. If we truly want a remedy, we must allow time for the policies of Mr. President to take shape,” Wike said.

He acknowledged the short-term challenges but reassured citizens that the policies will yield the desired results.

“There will be effects, and people will feel them, but in the end, we will achieve the progress we seek. No one should panic because Mr. President means well for the country,” he added.

Wike’s remarks come amid growing public concerns over economic hardships, with the government facing pressure to deliver on promises of economic stability and improved living conditions.

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Abuja Reports

Tinubu Reshuffles Leadership at Federal Universities, Renames UNIABUJA

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By Patrick Idowu

President Bola Ahmed Tinubu has announced leadership changes at several federal universities, including renaming the University of Abuja to Yakubu Gowon University.

The president dissolved the governing council of the newly named university and removed Vice-Chancellor Prof. Aisha Sani Maikudi, appointing Prof. Lar Patricia Manko as acting VC for six months, though she is ineligible for the permanent position.

Senator Lanre Tejuoso takes over as Pro-Chancellor.

At the University of Nigeria, Nsukka (UNN), Tinubu sacked Acting VC Prof. Polycarp Chigbu, replacing him with Prof. Oguejiofu T. Ujam. Gen. Ike Nwachukwu was moved from UNN to the University of Uyo, while Engineer Olubunmi Kayode Ojo is now UNN’s Pro-Chancellor.

Other key changes include Senator Joy Emordi moving from Alvan Ikoku University of Education to the University of Agriculture, Makurdi, while Senator Sani Stores takes her previous role.

Barrister Olugbenga Kukoyi is now Pro-Chancellor of Nnamdi Azikiwe University.

President Tinubu said the overhaul reflects his commitment to revitalizing higher education and ensuring stronger governance and accountability in Nigerian universities.

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Abuja Reports

Residents Demand Relocation of Karu Dump Site

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By Patrick Idowu & Gbenga Adeniyi

Residents of Jikwoyi and Karu communities on the outskirts of Abuja are calling for the urgent relocation of the Karu dump site, citing severe environmental and health risks.

Appealing to the Abuja Environmental Protection Board (AEPB), the residents warned of a potential epidemic if the site remains in its current location.

They highlighted the growing waste accumulation, which frequently obstructs the Karu-Orozo road, causing persistent traffic congestion.

Gabriel Idoko, a resident, expressed frustration over the situation.

“It’s shameful that such a hazardous site exists in Abuja. This is an eyesore that poses serious health risks,” he lamented.

A local community chief, who spoke anonymously, condemned the site’s proximity to a cemetery.

“How can refuse be dumped on graves? It’s unacceptable. The FCT administration must act swiftly,” he stated.

Residents are urging authorities to address the issue urgently by relocating the dump site to a more suitable location.

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