FG meeting to avert proposed nationwide protests by NLC ends in deadlock

A last-minute meeting called by the Federal Government to avert the proposed nationwide protest by the NLC has ended in a deadlock. Speaking to journalists after the closed-door meeting, the NLC president, Joe Ajaero, said the protest will be held today Tuesday, while their list of demands would be submitted to the National Assembly also. […]
National Assembly passes N28.7trn 2024 Appropriation Bill, approves borrowing plan

The Nigerian Senate has passed the nation’s budget for the 2024 fiscal year atN28.7 Trillion, with an increase of about N1.2 trillion. The lawmakers also approved an increase in the exchange rate to $ 800/$1 as against the N750/ $1 rate proposed by the executive. Crude oil price was pegged at $77.96 per barrel, crude […]
President Bola Ahmed Tinubu Submits the 2024-2026 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the National Assembly

The Speaker of the House of Representatives Hon. Abbas Tajudeen, read thepresident’s letter, saying preparations toward submission of the 2024 Budget to theNational Assembly is progressing well while the MTEF and FSP were prepared againstthe backdrop of a political transition, as well as global issues such as the Russia andUkraine war.