Key Points from Governor Soludo’s 2024 Budget Presented to Anambra Assembly

“Without sufficient funding, the 2024 budget estimates, just like those of the previous years, will perform below average.” —Ebuka Onyekwelu The Governor of Anambra State, Professor Chukwuma Soludo, has presented the 2024 budget to Anambra State House of Assembly. The Budget which was presented on Tuesday during plenary is the biggest budget by size, to ever be presented to Anambra State House of Assembly by any governor of the state. With a budget size of...

Governor Soludo Promises to Constitute Legislative Service Commission for the House

The Governor of Anambra State, Prof. Chukwuma Soludo, has promised to constitute Anambra State House of Assembly Service Commission, which is one of the structures required for an independent legislature in Anambra State. This assurance from the governor was given during a conversation with members of the Anambra State chapter of the Parliamentary Staff Association of Nigeria – PASAN, through the Speaker of the House, Rt. Hon. Somto Udeze. The governor’s promise was also reinforced...

President Tinubu woos German investors at G20 Summit

President Bola Tinubu, on Monday, enthusiastically marketed Nigerians to the international community at the G20 Compact with Africa summit taking place in Berlin. According to the President, beyond the abundant natural resources in the country, Nigeria’s young population makes it an attractive investment destination. “We are eager and ready to partner with you,” President Tinubu said at a panel discussion titled, “Fostering Local Value Chains and Investments in Africa – The Role of the German...

FG reads riot act to illegal miners, revokes 1,633 mining licenses

The Federal Government has announced the revocation of 1,633 mining licenses due to default in payment of stipulated service fees by operators. Dr. Dele Alake, the Minister of Solid Minerals Development announcement this on Tuesday while addressing a press conference in his office. He stated that the revocation becomes imperative following the expiration of a 30-day notice to defaulters, as stipulated by sections 11 and 12 of the Nigerian Mineral Mining Act (NMMA), 2007. The...

PDP Crisis: Speaker and Deputy of Plateau House of Assembly resign

The confusion and uncertainty in the Plateau State chapter of the Peoples Democratic Party (PDP) seem to have taken another dimension on Tuesday, with the Speaker of the State House of Assembly, Hon. Moses Thomas Sule, and his Deputy, Hon. Gwottaon Fom, resigning their positions Gabriel Dawang, the member representing Pankshin North,  has been elected as the new speaker, while Hon Timothy Dantong representing Riyom constituency is now the new deputy speaker of the Assembly....

House approve N7.8 trillion borrowing plan for 2024

…Okays 2024-2026 budget framework The House of Representatives on Tuesday approved the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), which includes a borrowing plan of N7.8 trillion for 2024. For 2024, 2025, and 2026, the House further set benchmark oil prices of $73.96, $73.76, and $69.90 per barrel, respectively. The House also set daily crude oil production levels of 1.78 Mbps, 1.80 Mbps, and 1.81 Mbps. The executive’s proposed exchange rate for...

Rising Insecurity: Afenifere Tasks Tinubu  On State, Local Government, and National Police

The pan Yoruba socio-cultural and political organization, Afenifere, has expressed deep concern over the spate of internal security breaches from various parts of the country in recent times and has asked President Bola Tinubu to issue an executive order on state, local government police, as well as strengthen the federal police. A Press Statement issued on Tuesday by the National Publicity Secretary of the organisation, Comrade Jare Ajayi, called on President Tinubu and relevant security...

Soludo Presents 2024 Budget Of N410 Billion To Anambra State House Of Assembly

Anambra State Governor, Professor Chukwuma Soludo has presented the state’s 2024 budget proposal of Four hundred and ten billion, one hundred and thirty-two million, two hundred and twenty-four thousand, two hundred and seventy-two naira to the State Assembly. Governor Soludo made the presentation at the State Assembly Complex in Awka. Ninety-six billion, two hundred and one million, nine hundred and thirty-six thousand, seven hundred and forty-six naira (₦96, 201, 936, 746) that is 23% of...

NDLEA nabs wanted Abuja drug dealer 7 years after prison escape

The National Drug Law Enforcement Agency, NDLEA, has captured a notorious drug peddler in Abuja, Ibrahim Momoh seven years after he escaped from prison. Momoh, who goes by the moniker Ibrahim Bendel, was initially arrested in 2014 with 385.1 kilogrammes of cannabis sativa. He was convicted and got a seven-and-a-half-year prison sentence in July 2015, but he fled the prison in May 2016. The NDLEA declared him wanted in November 2022 after he narrowly slipped...

Rivers’ Assembly Speaker, Ehie Edison alleges threat to life

An assassination attempt targeted at Ehie Edison, the factional Speaker of the Rivers State House of Assembly, was aborted by the lawmaker’s security escorts on Sunday night. The lawmaker, at a press briefing yesterday, said two senior police officers led the gunmen who stormed his residence from the state police command. The gunmen, he said, attempted to force themselves into his residence but his security men warded them off. The State Assembly spokesperson Ken Uchendu,...

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