Eko Hot Blog reports that Senator representing Cross River North Senatorial District, Jarigbe Agom Jarigbe, has accused “some so-called senior senators” in the national assembly of getting N500 million each from the 2024 budget. He made the allegation on Tuesday during plenary in defence of Senator Abdul Ningi who had been under fire for allegedly … Read more
Eko Hot Blog reports that the Senate has suspended Senator Abdul Ningi for three months over an allegation of N3.7 trillion padded into the 2024 budget. Ningi is the Chairman, Senate Committee on Population and represents PDP, Bauchi Central. Editor’s Picks Angry Senators Debate Ningi’s 2024 Budget Padding Claim Tinubu Submits FCTA 2024 Budget To … Read more
EKO HOT BLOG reports that President Bola Tinubu on Tuesday, submitted the 2024 budget for the Federal Capital Territory Administration to the House of Representatives for consideration and passage. However, the specific estimates of the budget were not disclosed in the President’s letter, which was read during the plenary session on the floor of the House. … Read more
EKO HOT BLOG reports that the Senator representing Bauchi Central Senatorial District in the National Assembly, Senator Abdul Ningi, has refuted allegations that he accused the 2024 budget of being padded. Earlier, in an interview with the BBC Hausa Service on Saturday, Senator Ningi had asserted that the National Assembly padded the 2024 budget by N3.7 … Read more
Eko Hot Blog reports that the Minister of Works, David Umahi on Friday threatened to revoke the multi-billion Naira Benin-Sapele-Ologbo road reconstruction project, if the contractors, Levant Construction Company, fails to comply with the scope and specification of the work. This was contained in a video made available on Saturday by the Special Adviser to … Read more
Eko Hot Blog reports that the Nigerian Senate on Saturday denied reports from some media platforms that it padded the 2024 appropriation budget by well over N4 trillion. Reacting in a statement made available to Senate Correspondents, Senate Committee Chairman on Media and Publicity, Senator Yemi Adaramodu, questioned the motives of those spreading falsehoods despite … Read more
Eko Hot Blog reports that at least 24 states of the federation will not be able to pay workers salaries this year without having to wait for federal allocations from the central government. According to findings by PUNCH, analysis of the state governments’ approved budgets for the 2024 fiscal year revealed that only 11 out … Read more
Eko Hot Blog reports that the 10th Senate under the leadership of Godswill Akpabio, has announced the need to reexamine the 2024 national budget, which currently stands at N28.77 trillion, following the continuous depreciation of the Naira against the US dollar. This reassessment aims to address the economic implications of the fluctuating exchange rate on … Read more
Eko Hot Blog reports that the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, is currently appearing before the House of Representatives to speak on the state of the economy. As of the time of filing this report, Cardoso is appearing before the lawmakers during plenary in Abuja and he is briefing them on the … Read more
Eko Hot Blog reports that the Lagos State House of Assembly on Friday passed a total of N2,267,976,120,869 as the 2024 budget size of the State at a plenary session presided over by the Speaker, Mudashiru Obasa. This was made known in a statement issued on Friday by the Chief Press Secretary to the Speaker, … Read more
Eko Hot Blog reports that President Bola Tinubu has signed the N28.7 trillion 2024 Budget into law. He assented to the 2024 Appropriation Bill at a brief ceremony at the Presidential Villa in Abuja on Monday. Tinubu signed the budget days after the 10th Senate passed the 2024 appropriation bill. The budget was passed by … Read more
Eko Hot Blog reports that the Senate has approved President Tinubu’s request to borrow $7.8billion and €100 million as part of the 2022 – 2024 borrowing plan of the Federal Government. The request was approved after the Senate considered and adopted the report of its committee on Local and Foreign Debt during Saturday’s plenary. Tinubu … Read more
EKO HOT BLOG reports that the House of Representatives has highlighted why it increased the 2024 budget by N1.2 trillion. This online media platform reported earlier that the 10th Senate, under the leadership of Senator Godswill Akpabio, passed the 2024 appropriation bill. The budget was passed after its size was increased from N27.5 trillion, as proposed … Read more
Eko Hot Blog reports that the 10th Senate, under the leadership of Godswill Akpabio, has passed the 2024 appropriation bill. The budget was passed after its size was increased by 1.2trilllion from N27.5 trillion, as proposed by President Bola Tinubu, to N28.7 trillion. The bill was passed for third reading after Solomon Olamilekan, chair of … Read more
Eko Hot Blog reports that the 10th Senate has increased the 2024 budget by a total of N1.2 trillion, moving the budget from N27.5 trillion to N28.7 trillion. According to the report submitted by the Appropriation Committee led by Senator Solomon Adeola, aggregate expenditure was pegged at N28,777,404.073.861; statutory transfers -N1,742,786,788,150; recurrent expenditure- N8,768.5330,852; capital … Read more
EKO HOT BLOG reports that National Assembly has assured Nigerians that the 2024 national budget will be passed into law this week. The leader of the Senate, Senator Opeyemi Bamidele, who gave the assurance on Monday, disclosed that all the committees of the National Assembly have concluded their hearings and submitted their reports to the Committee … Read more
EKO HOT BLOG reports that the National Assembly gears up to finalize the N27.5 trillion 2024 budget as various government agencies complete their budget defence sessions. Senate Appropriations Chairman, Senator Adeola Solomon, expressed readiness to receive and evaluate sub-committee reports, aiming for a budget passage by Saturday EDITOR’S PICKS Appeal Court Dismisses Binani’s Case, Affirms Fintiri … Read more
Eko Hot Blog reports that Lagos State Governor Babajide Sanwo-Olu on Wednesday (today) presented the 2024 budget to the Lagos State House of Assembly. The governor arrived at the assembly complex Wednesday afternoon and mounted the podium recognizing dignitaries including royal fathers, captains of industries, religious leaders, heads of government agencies and previous holders of … Read more
Eko Hot Blog reports that the five-member faction of the Rivers State House of Assembly led by Edison Ehie, on Wednesday, passed the 2024 budget proposal. The State Governor, Siminalayi Fubara, had earlier presented the budget estimates to the assembly for approval. The State Executive Council, on Monday, approved the estimated budget of over N800 … Read more
EKO HOT BLOG reports that Trade Minister, Doris Uzoka, on Tuesday faced tough questions from senators while presenting her ministry’s 2024 budget. This online media platform understands that Uzoka detailed N905 million for overhead costs and N8.1 billion for capital expenditures to the joint committee on trade and investment. EDITOR’S PICKS Top Plateau APC Chieftains … Read more