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December 18, 2019 President Muhammadu Buhari Signs 10.594 Trillion Naira 2020 Budget Into Law.

President Muhammadu Buhari Signs 10.594 Trillion Naira 2020 Budget Into Law.

President Muhammadu Buhari has signed the 10.59 Naira trillion 2020 Appropriation Bill into law.

 

The Senate and the House of Representatives both passed the 2020 budget with a significant increase.

 

The President proposed 10.33billion Naira while the Appropriations committees on both chambers recommended 10.59billion Naira.

         

President Buhari commended the harmonious relationship between the executive and the legislature.

 

Former President, Chartered Institute of Bankers of Nigeria, Professor Segun Ajibola urged the National Assembly to be up and doing in carrying out their oversight functions for full implementation of the budget.

December 17, 2019 Organised Labour To Go On Warning Strike On Thursday Over Minimum Wage.

Organised Labour To Go On Warning Strike On Thursday Over Minimum Wage.

Organised Labour, comprising Trade Union Congress (TUC) and Nigeria Labour Congress (NLC), in Ogun State, said they will embark on two days warning striker with effect from Thursday.

 

The Labour unions said they have resolved to embark on the action, unless the state government invites them for discussion on consequential adjustment of the new N30,000 minimum wage on or before Wednesday this week.

 

The Ogun leader of the NLC, Bankole Emmanuel said it is very depressing that despite writing to the state government five times between August and December this year on the need to set up the negotiation committee to determine the consequential adjustment on the new minimum wage, Governor Dapo Abiodun has failed to attend to their demand.

 

The Head of Media and Publicity of the Nigeria Governors Forum, Abdulrazak Bello Barkindo said that contrary to reports, some governments were already negotiating with organized labour.

 

December 17, 2019 Lawyer, Femi Falana Advises AGF To Release Sowore Or Risk Losing His Job.

Lawyer, Femi Falana Advises AGF To Release Sowore Or Risk Losing His Job.

Senior Advocate of Nigeria, San, Femi Falana, has said that Abubakar Malami risk being removed as the attorney-general of the federation (AGF) if he fails to secure the release of Omoyele Sowore. 

 

Last Friday, Malami took over Sowore’s case from the Department of State Services, DSS, and with this development, Falana, counsel to the activist, asked him to use his office tosecure Sowore’s release.

 

The AGF, however, said he cannot take any decision on Sowore’s release.

 

Femi Falana said the AGF has not taken note of the legal implications of taking over the case.

 

The senior lawyer said on legal principle, they are compelled to ask the AGF to direct the DSS to release Sowore without further delay.

December 17, 2019 Senate To Approve President Buhari’s 30 Billion Dollars Loan Request.

Senate To Approve President Buhari’s 30 Billion Dollars Loan Request.

Senate President Ahmad Lawan has said apart from the members of the National Assembly, Nigerians too can determine the fate of the hate speech bill.

 

Senate President Ahmad Lawan has said the Senate would pass a $29.96 billion loan request by President Muhammadu Buhari.

 

In in his recent letter, the President explained that the external borrowing plan targets projects cuts across all sectors with special emphasis on infrastructure, agriculture, health, education, water supply, growth and employment generation.

 

Lawan said the President had provided necessary details of what the loan would be used for in his new request.

                  

President Buhari had in November forwarded a request to the Senate to reconsider and approve the federal government’s 2016 to 2018 external borrowing plan.

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