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Youths Must Be Equipped With Skills For Gainful Engagement – Speaker Abbas

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By Gloria Ikibah
Speaker of the House of Representatives, Rep. Tajudeen Abass has emphasised the need to equip the teeming unemployed youths in Nigeria with skills in various fields of endeavours.
Speaker Abbas stated this at a public hearing on a Bill aimed at establishing the Institute of Leadership, Entrepreneurship and Corporate Governance in Nigeria, organised by the House Committee on Commerce on Monday in Abuja.
The Spean opined that the proposed institute would yield significant results for Nigeria’s peace, prosperity, and stability.
The committee also considered a Bill to establish the Chartered Institute of Business Educators of Nigeria, charged with the responsibility of advancing the study, training and practice of business educators of Nigeria.
The Speaker who was represented by Rep Nkama Nkemkama, expressed displeasure that many businesses encounter barriers when attempting to scale, improve productivity, and expand service delivery even when Nigeria is a nation of entrepreneurs, with businesses thriving on every comer.
He said that leadership is indispensable for sustained success in the public, private, or family sectors, and noted that addressing the gap requires a structured approach that equips entrepreneurs with the requisite skills and tools to deliver excellence.
He said: “Who are those who will train and mentor entrepreneurs and businesses? This question brings us to the second bill under consideration. A business educator who trains entrepreneurs must themselves be well-trained and competent. The proposed Chartered Institute of Business Educators of Nigeria (CIBEN) is envisioned as an institution that will advance the study, training, and practice of business education in Nigeria.
“Its establishment will ensure that our educators have the tools and knowledge to build a generation of globally competitive entrepreneurs and businesses.”
Chairman House Committee on Commerce, Rep. Ahmed Munir in his opening remarks noted that the Bills were in line with the legislative agenda of the 10th House of Representatives which seeks to change of narrative in the lives of the citizens.
He said: “Every democratic dispensation is guided by laws/acts, which help in the smooth running of the government, thereby setting the rules to follow to ensure that citizens benefit maximally from all that the government has in store for them”.
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BREAKING: President Tinubu Presents N47.9trn Appropriation Bill To NASS

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By Gloria Ikibah
President Bola Ahmed Tinubu in a Joint Session of the Senate and House of Representatives on Wednesday, 18 December 2024, presented the sum of N47.9 trillion as the proposed 2025 Appropriation Bill, with new borrowings of N13.0 trillion, which is 3.87 per cent of the estimated Gross Domestic Product (GDP).
The President, in his address to the National Assembly described the 2025 Budget as the “Budget of Restoration” which he said, “involves our administration’s roadmap to secure peace, prosperity and hope for our beloved nation”.
The budget of restoration according to president Tinubu, serves as the very hope of the Renewed Hope Agenda and improving the lives of Nigerians.
He said the 2025 budget is one of the reform and transformation to consolidate the key policies of the Tinubu-led administration. Reeling out the progress made he said global economic growth for Nigeria increased from the 2.6% estimated to 3.5% growth.
Naijablitznews.com recalled that the 2025-2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), and its fiscal parameters, adopted an “an oil price benchmark of $75 per barrel for 2025, oil production of 2.06 million barrels per day, an exchange rate of N1400 to $1, and a GDP growth of 4.6 per cent.”
President Tinubu said the 2025 budge seeks to restore micro economic stability, foster increased growth, employment, human capital development.
He explained further:
* N34.8 trillion revenue to find the budget
*. Government expenditure N47.9 trillion including N5.81 trillium for debt servicing.
* Inflation to reduce from 34.6% to 15%
* Exchange rate from N1,700 per $1 to N1500 and increase crude oil production to 2.06 million barrels per day.
*Reduce the production of petroleum products alongside importation of finished product.
According to the President, defence and security is allocated N4.91 trillion, infrastructure to get N4.06 trillion, while health gets N2.48 trillion and education N3.5 trillion.
Tinubu said the budgetary allocations are informed by the commitment of his administration to security of lives and property, infrastructural development, education and healthcare delivery.
He solicited the support of the lawmakers and Nigerians in addressing the country’s challenges, and said “the time for lamentation is over” .
“Our nation faces challenges… they are surmountable when we work collectively. The time for lamentations is over, the time to act is now…,” Tinubu said.
Details later……
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Gov Adeleke Speaks On Death Sentence For Chicken Thief

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Osun State Governor, Ademola Adeleke, has stepped in to call for immediate action in the case of Segun Olowookere, an indigene who was sentenced to death for stealing a fowl.

Recall Segun’s mother, Folashade Olowookere, emotionally shared the story of her son, who is currently imprisoned, during an interview on Nollywood actress Biola Adebayo’s YouTube podcast. The video gained significant attention, including from Governor Adeleke.

Naijablitznews reports this was contained in a statement from the Governor’s spokesperson, Olawale Rasheed, Adeleke directed a swift investigation and ordered that steps be taken for a potential pardon in Segun’s case. The Governor further instructed the Attorney General to ensure Segun is considered for the prerogative of mercy before the year ends.

The statement read, “I have reviewed the case and acknowledge the importance of the separation of powers in our democracy. In this instance, I have instructed the Commissioner for Justice to begin the process of granting mercy to this young man.

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“Osun is a state of justice and fairness. We must uphold the protection of lives and ensure equity.

“I want to assure the public that this matter is receiving my personal attention, and we are acting with urgency as a responsible government.”

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Delta Assembly pardons two suspended members

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The Delta State House of Assembly, on Tuesday, recalled two of its members that were suspended in November over alleged gross misconduct.

The News Agency of Nigeria reports that the recall was announced during plenary in Asaba by the Speaker, Mr Dennis Guwor.

Recall that the Assembly had on November 6 suspended Mr Dafe Chukudi (PDP-Ukwuani) for 14 legislative days over alleged gross misconduct, while Mr Oboro Preyor (PDP-Bomadi) was also suspended for 14 legislative days for the same offense on November 12.

“Dear colleagues, following the allegation of gross misconduct against our suspended members and subsequently, a committee on investigation headed by the Deputy Speaker, Mr Arthur Akpowowo, was set up.

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“The committee has commenced investigation. However, the 14 days that they were suspended has elapsed. And by the confidence you all reposed in me as the Speaker of the state House of Assembly, and now that the 14 days of their suspension has elapsed, there is need to recall Mr Dafe Chukudi and Mr Oboro Preyor to resume their duties as members going forward.

“The suspended members are hereby recalled pending on the outcome of their investigative committee.”

Meanwhile, the Deputy Speaker, Mr Arthur Akpowowo, expressed joy over the recall of the lawmakers, saying, “I am very happy that we have lifted their suspension.

“The Speaker has recalled them so that they can celebrate the Christmas with joy and even enter the New Year with some relief of happiness. For me, this is a party gift for me even though I’m not affected.”

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