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NASS will back Tinubu to implement 2024 budget – Speaker Abbas
Speaker of the House of Representatives, Tajudeen Abbas, has said the National Assembly will support the 2024 budget implementation process to ensure it delivers on its expectations for Nigerians.
Hon Abbas, who was physically present while Tinubu was assenting to the 2024 budgetary appropriations on Monday, January 1, said Mr President in his address, mentioned on a lighter note, that the promise of delivering the dividends of democracy based on the 2024 budget is not a beer palour promise, that it will be delivered and it is a budget that will lay the foundation of the renewed hope agenda.
Abbas said, “I believe this is the budget that the Nigerian people are waiting for. This is the budget the Nigerian people are yearning for, we’ll make sure that together, we’ll be able to deliver it well.
“I would also want to take you a little back for you to know the progress we have made.
“Mr President has signed two other bills. The first one is the supplementary appropriation bill of 2023, which he has accepted to extend it by 90 days. So, it will continue to work concurrently with the 2024 budget up to March 31.
“He has also approved the 2023 main budget for it to also concurrently operate with the capital component of the 2024 budget up to March 31, 2024.
“Another landmark achievement we had was also approving the securitisation of the ways and means which has effectively brought to an end these controversial means and ways of borrowing money. And he has assured Nigerians that this will be the last of this kind of ugly incident.”
Former lawmaker, Senator Shehu Sani, has described the planned increase in electricity and telecom tariffs as unconscionable.
The statement comes after the telecoms regulator last week approved the increase in mobile tariffs.
The federal government also recently said that plans were ongoing to increase electricity tariffs “over the next few months.”
However, Sani, who said the government’s plan is unreasonable, insisted that it should be halted.
The ex-lawmaker also expressed his support for the Nigeria Labour Congress (NLC) over the scheduled protest against the government’s proposal, calling it a welcome development.
“The planned increase in electricity tariffs in the midst of poor power supply and the proposal to increase telecom tariffs is unconscionable and should be halted. The scheduled labour union protest is a welcome development,” he posted on X.
The United States President, Donald Trump, has revealed his decision to cut off all future funding to South Africa, citing poor treatment of “certain classes of people.”
Trump made this known on Sunday in a post on Truth Social, his social media platform.
According to Trump, South Africa was seizing land and mistreating some citizens without concern for the violations of their rights.
“South Africa is confiscating land and treating certain classes of people VERY BADLY.
“I will be cutting off all future funding to South Africa until a full investigation of this situation has been completed!” Trump wrote.
Reports suggest that the American leader may be defending White South Africans, some of whom have alleged that the South African policy is unfair to them.
There are indications that the federal government will on Monday meet with the Nigeria Labour Congress, NLC, to stop the planned Tuesday nationwide protest against the 50 percent telecommunications tariff hike.
A reliable source familiar with the matter, who preferred anonymity, disclosed this on Monday morning, noting that the meeting between the NLC leadership and the federal government is scheduled for 5 p.m. on Monday.
The source said the meeting was a “dialogue on matters of national interest as it affects Nigerian workers.”
According to the source, it will be an inter-ministerial meeting with the Secretary to the Government of the Federation (SGF), purposely to resolve issues raised by the NLC concerning the federal government’s approved upward adjustment to telecommunications tariffs, which the NLC, its allies, and others are vehemently opposing.
This comes as the NLC is already mobilizing workers for a mass protest tomorrow (February 4) against the 50 percent tariff hike approval.
On Thursday last week, in a letter to affiliate unions and state councils, NLC General Secretary Emma Ugboaja urged them to mobilize other Nigerians to send a serious message to the government.
The planned protest follows the 50 percent telecom tariff approval by the Nigerian Communications Commission (NCC) on January 20, 2025.
The approval had sparked widespread rejection among telecom subscribers.
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