Breaking News
JUST IN: Presidential Yacht Excluded from 2023 Supplementary Budget as Reps Redirect Funds to Student Loans
The House of Representatives has chosen to eliminate the allocation of N5 billion for a presidential yacht from the 2023 supplementary budget. The decision was officially disclosed by the Chairperson of the House Committee on Appropriation, Abubakar Bichi, who represents the All Progressives Congress (APC) from Kano.
This significant alteration to the supplementary budget was announced on Thursday following the successful passage of the N2.17 trillion supplementary budget by the House. The decision to remove the presidential yacht allocation underscores a shift in priorities, redirecting the funds towards another crucial area of government expenditure.
Mr. Bichi, addressing journalists on the matter, revealed that the committee had opted to reallocate the N5 billion initially designated for the presidential yacht, effectively increasing the budget for student loans to N10 billion. This adjustment reflects a concerted effort to address the financial needs of students seeking higher education and aligns with broader national objectives.
Details shortly……..
-
Entertainment1 year agoAdanma Luke Appeals for Forgiveness over Junior Pope’s Death: “I’m Gradually Losing My Life, Please Forgive Me”
-
Security News1 year agoRivers: Tension as Gunmen on Speedboat Abduct Fubara, Police Launch Manhunt
-
Security News1 year agoSoldiers in South East Extort, Humiliate Us While Kidnappers Operate Freely Near Checkpoints, Igbo Women’s Group Alleges
-
Politics1 year agoRevealed: Ajuri Ngelale Fired Over Feud with Onanuga, Despite Medical Cover Story
-
General News1 year agoGov. Soludo Seals Peter Obi’s Campaign Office, Edozie Njoku-Led APGA State Office
-
Security News1 year agoEnugwu-Ukwu in Shock: Deadly Ambush Leaves Multiple Dead, Survivors in Fear
-
General News1 year agoVideo: Moment DSS Staff Erupt in Jubilation as News of Bichi’s Sack Announced
-
Breaking News1 year agoJUST IN: Presidential Adviser Ajuri Ngelale Steps Down Temporarily, Cites Reasons
They are bitting about the bushes. Going to parliamentary system does not solve the problem of corruption. Tribal loyalty ethnic sentiments parochialism and indescpline that bewitched the country. What about the insecurity embedded in the system by past generations of past government and the boys the y put in position s to continue where they stop. Eg repentant Bokos in army police etc. Who controls them? The national Assembley need to work towards division oof Nigeria int 3 or more nations. Nobody can do that but you. Or uncertainty awaits all you.