The bill was passed separately by the Senate and the House of Representatives on Thursday.

A breakdown of the budget showed N3.645trn for statutory transfers, N14.317trn for debt servicing, N13.64trn for recurrent expenditure and N23.963trn capital expenditure (development fund), with fiscal deficit put at N13.08trn.

The Deficit-to-Gross domestic product (GDP) Ratio was put at 1.52%.

Last Week, President Bola Ahmed Tinubu increased the 2025 fiscal year budget from an initial N49.7trn to N54.2trn, seeking approval from the Senate and the House of Representatives.

The Chairman of the House Committee on Appropriations, Abubakar Bichi, while presenting the bill for consideration, stated that the committee met with the Presidential Economic Planning team to further discuss revenue projections and expenditure for the 2025 Appropriation Bill.

According to him, the 2025 Appropriation Bill was presented late, compared to that of 2024.

He urged the executive to present subsequent budgets to the National Assembly not later than three months before the next financial year, to maintain the January to December budget cycle.

The post Just-In: NASS Passes ₦54.99trn 2025 Budget appeared first on Daily Dates Nigeria.

A Member of the House, Sada Soli said for the policy to be successful, it must not be overbearing on the citizens.

The lawmaker expressed concerns that businesses are already rejecting the old currencies, while banks are complaining of a shortage of the new notes.

The House commended the policy of the apex bank but said its implementation is too abrupt and will be unfair to the incoming government.

Meanwhile, the House has set up an adhoc committee to meet with the managing directors of commercial banks and the CBN Governor, Godwin Emefiele over complaints of shortage of the new notes.

The post Reps Tell CBN To Extend Deadline For Old Notes By Six Months appeared first on Daily Dates Nigeria.

The women gathered early morning at the Three Arms zone and marched to the National Assembly gate chanting songs of solidarity.

The groups demand that the Federal lawmakers take another look at the requests for 111 seats for women, citizenship, 35% representation in party leadership, more appointive positions in government, and vote in favour of these amendments.

The groups gathered for the protest include the United Nations Population Fund (UNPF), Federation of Muslim Women Association (FOMWA), Women Organisation for Change in Agriculture and Natural Resource Management (WOCAN), Association of Women in the Arts (AWITA), Women In Business (WIMBIZ), Action Aid, Yiaga Africa, the Islamic Youth League, among others.

A Communications and Public Relations Consultant, Mary Ikoku, yelled: “women are better leaders”!

The Bill titled ‘Act to Alter the Provisions of the Constitution of the Federal Republic of Nigeria, 1999 to Provide for Special Seat for Women in the National and State Houses of Assembly; and for Related Matters,’ failed after most of the lawmakers voted against it.

The lawmakers during the plenary on Tuesday voted on 68 Constitution Amendment bills.

The bill for special seats for women was defeated in the Senate with 58 votes out of 91 while in the House of Representatives 208 out of 290 lawmakers voted against it.

The post Women Groups Storm NASS Gate, Protest Failed Bill appeared first on Daily Dates Nigeria.

In January 2019, Dogara announced his defection from the APC to the Peoples Democratic Party (PDP).

The acting Chairman of the party, Mai Mala Buni, who is also the Governor of Yobe State, disclosed that he and Dogara met with President Muhammadu Buhari at the villa on Friday, Channels Television reported.

He said the president has welcomed Mr. Dogara into the fold as well as other former aggrieved members of the party.

According to Mr. Buni the reasons why Dogara left the APC do not exist anymore and this visit to President Buhari is in continuation of efforts to rebuild the party.

The former Speaker said he would address the press on a later date.

The post Former Speaker Yakubu Dogara Returns To APC appeared first on Daily Dates Nigeria.