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BREAKING: Senate Passes N8.916trn 2019 Budget
BREAKING: Senate Passes N8.916trn 2019 Budget
The Nigerian Senate on Tuesday Passes N8.916trn 2019 Budget
This is N86 billion higher than the proposal of N8.83 trillion presented by President Muhammadu Buhari to the National Assembly for the 2019 fiscal year.
The lawmakers passed the bill during Tuesday’s plenary after considering the report of the Senate Committee on Appropriations on the 2019 Appropriation Bill presented by Senator Danjuma Goje.
A breakdown of the budget estimate reveals that statutory transfer is N502.58 billion, N2.25 trillion is for debt servicing, recurrent expenditure gets N4.65 trillion, and N2.94 trillion is earmarked for capital expenditure.
Following the consideration of the report submitted by Senator Goje, the lawmakers resolved to approve the total sum of the Consolidated Revenue Fund.
They also adopted the recommendation of the Appropriations Committee which proposed that N10 billion be added to the service-wide votes to support the victims of crises in Zamfara State.
Thereafter, the Senate dissolved into the Committee of Supply for the consideration of the 2019 Appropriation Bill
The bill was then read the third time and passed by the lawmakers.
In his remarks, the Senate President, Dr Bukola Saraki, commended his colleagues for the efforts that led to the passage of the bill and called for its complete implementation by the Executive.
He said, “I want to thank our colleagues, particularly for their understanding and for us to be able to meet today’s deadline in passing the bill and (I) thank the Committee on Appropriation too.”
“I hope that with this budget passed, the Executive will also ensure the full implementation of the budget for the benefit of Nigerians as a whole,” Senator Saraki added.
It will be recalled President Buhari presented the 2019 budget proposal to the National Assembly amid cheers and jeers on December 19, 2018.
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Pakistan Observes KASHMIR SOLIDARITY DAY in Abuja
Joel Ajayi
The people of Pakistan inside the country and across the world is observing Kashmir Solidarity Day Today’s Monday express solidarity with Kashmiris in their struggle for the right to self-determination.
Since 1990, the Nation of Pakistan observes February 5th as Kashmir Solidarity Day.
According to the statement issued by the High Commissioner of Islamic Republic of Pakistan Abuja, Nigeria H.E Mr Sohail Ahmad Khan stated that, Kashmir Solidarity Day serves as an annual reminder of the prolonged conflict in Indian Illegally Occupied Jammu and Kashmir, where the struggle for self-determination has left an indelible mark on the lives of innocent Kashmiris.
“Multiple UN Resolutions unambiguously declare that the final disposition of the State of Jammu and Kashmir will be made in accordance with the will of the people expressed through the democratic method of a free and impartial plebiscite conducted under the auspices of the United Nations.
“Numerous international, UN organizations as well as UN Special Rapporteurs have reported gross human rights violations in Jammu and Kashmir.
“Media and press is under tremendous pressure by Indian Government especially in Indian Illegally Occupied Jammu and Kashmir which is evident from India’s ranking of 161 out of 180 countries as per 2023 World Press Freedom.
“Jammu and Kashmir has been converted into world’s most militarized zone and the largest prison on earth. Pakistan stands firm with Kashmiri brothers and sisters and will continue to provide unwavering diplomatic support.
“Pakistan demands that International community including United Nations and it’s relevant Human Rights Machinery, Civil Society Organizations, Media Houses and other defenders of Human Rights to fulfill their obligations towards besieged Kashmiris by playing their part to end the rule of tyranny and oppression.”
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