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Buhari Sets Friday to Sign 2022 Budget
Baring any last minute change, President Muhammadu Buhari is expected to sign into law the 2022 Appropriation Bill on Friday, December 31, 2021.
Already, President Buhari has received the 2022 Appropriation Bill passed by the two chambers of the National Assembly last week.
The oil benchmark was raised from the proposed $57 per barrel to $62.
The breakdown of the budget includes N869 billion for statutory allocation, N3.8 trillion for debt servicing, N6.9 trillion and N5.4 trillion for recurrent and capital expenditure respectively.
It was gathered that the 2022 Appropriation Bill was transmitted last Friday by the Clerk to the National Assembly, Amos Ojo and acknowledged by the Office of the Chief of Staff to the President on Saturday.
The transmission letter, with Reference Number NASS/CNA/37/Vol.1/35, addressed to the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria and titled ‘APPROPRIATION BILL, 2022.’ read, “In consonance with the Provisions of the Acts Authentication Act Cap. A2, Laws of the Federation of Nigeria, 2004, I wish, with due respect, to forward to Your Excellency, the authenticated copies of Appropriation Bill, 2022, for your consideration and assent.
“After Your Excellency’s assent, one copy of the signed bill should be retained in your office while the other two are to be returned for our further action, please.
“With my highest regards.”
The Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, confirmed that the budget has been transmitted to the President by the National Assembly and will be assented to by President Buhari on Friday.
He responded to prodding via WhatsApp message: “Yes, it’s true the President will sign the 2022 budget by Friday”.
It was further gathered that the event is billed for the Council Chamber, Presidential Villa, Abuja by 10 am.
Those expected to join the President at the signing ceremony include Vice President Yemi Osinbajo; President of the Senate, Dr Ahmad Lawan; Speaker of the House of Representatives, Hon Femi Gbajabiamila, and a host of other presidential aides.
The Vanguard
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Donald Trump Sworn in As 47th American President, Pledges Swift Border Crackdown
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Hamas Releases Israeli Hostages As Ceasefire Agreement Comes into Effect
The first hostages freed from Gaza under a long-awaited ceasefire agreement are back in Israel. The news sparked jubilant scenes in Tel Aviv where large crowds gathered ahead of their release.
The three freed Israeli hostages – the first of 33 to be released over the next six weeks – are Romi Gonen, Doron Steinbrecher and Emily Damari. They are said to be in good health and are receiving treatment at a medical center in Tel Aviv.
In exchange, 90 Palestinian prisoners and detainees are set to be released by Israel from Ofer Prison in the occupied West Bank.
The Israeli military withdrew from several locations in southern and northern Gaza after the truce began earlier on Sunday, an Israeli military official told CNN.
Displaced Gazans have started returning to their homes, while the aid trucks laden with much-needed supplies have crossed into Gaza. Here’s what we know about how the ceasefire deal will work.
Hamas, despite suffering devastating losses, is framing the Gaza ceasefire agreement as a victory for itself, and a failure for Israel.
One of Hamas’ main goals for taking some 250 people during its brazen October 7, 2023, attack on Israel was to secure the release of Palestinian prisoners held in Israeli jails. As Israel pounded Gaza in response, Hamas vowed not to return the hostages until Israel withdrew its forces from the enclave, permanently ended the war, and allowed for rebuilding.
Source: CNN
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Again, Kemi Badenoch Lashes Out at Nigeria Says Country’s ‘Dream Killer’
The leader of UK’s Conservative Party, Kemi Badenoch, has said she doesn’t want Britain to be like Nigeria that is plagued by “terrible governments.”
Speaking on Thursday at an event organised by Onward, a British think tank producing research on economic and social issues, Badenoch expressed fears that Britain may become like Nigeria if the system is not reformed.
“And why does this matter so much to me? It’s because I know what it is like to have something and then to lose it,” Badenoch told the audience.
“I don’t want Britain to lose what it has.
“I grew up in a poor country and watched my relatively wealthy family become poorer and poorer, despite working harder and harder as their money disappeared with inflation.
“I came back to the UK aged 16 with my father’s last £100 in the hope of a better life.
“So I have lived with the consequences of terrible governments that destroy lives, and I never, ever want it to happen here.”
Badenoch has been in the news of late after she dissociated herself from Nigeria, saying she has nothing to do with the Islamic northern region.
She also accused the Nigeria Police of robbing citizens instead of protecting them.
She said: “My experience with the Nigeria Police was very negative. Coming to the UK, my experience with the British Police was very positive.
“The police in Nigeria will rob us (laughter). When people say I have this bad experience with the police because I’m black, I say well…I remember the police stole my brother’s shoe and his watch.”