News
Just In: National Assembly Approves Tinubu’s Request To Extend 2023 Budget
By Kayode Sanni-Arewa
The National Assembly, on Thursday, passed President Bola Tinubu‘s request seeking the extension of the capital component of the 2023 budget and the Supplementary Appropriation Act.
The lawmakers granted an extension from June to December, following a request by the President.
The senate and house of representatives passed the bills after considering their clauses at the committee on supply.
The passage was preceded by a rowdy session at the house of representatives.
The president, in a letter read by the speaker of the house, Tajudeen Abbas, asked the green chamber to extend the implementation of the capital components of the 2023 budget and Supplementary Appropriation Act from June 30 to December 31.
After Abbas read the letter, some lawmakers opposed the call for the debate of the president’s request.
The majority leader of the house, Julius Ihonvbere, moved for the debate of the bill, saying the amendment does not alter the content of the bill but just the date.
The minority leader of the house, Kingsley Chinda, expressed concern that the two budgets are running concurrently.
He said the Peoples Democratic Party (PDP) administration was criticised for lacking a clear budgetary cycle, adding that the current administration is potentially repeating the mistake.
The ranking legislator demanded that the bill be stepped down to enable the government to “go back to the drawing board”.
An All Progressives Congress (APC) lawmaker from Katsina, Sada Soli, opposed Chinda, saying the PDP lawmaker was “playing to the gallery”.
He said, “I admire the PDP for playing to the gallery. You cannot extend the supplementary budget without the main budget.”
His comment prompted vocal protests from the lawmakers.
Reacting, a ranking APC member, Ado Doguwa, said: “I agree with the submission made by the minority of the house.
“Even though it is legal, it is unprecedented. That moral question will always be raised.”
He, however, appealed to his colleagues to support the bill, saying the president would understand the body language of the lawmakers.
Following the bickering, the lawmakers moved into an executive session.
News
Hajara Egbunu Becomes First Female Soldier In Infantry Corps To Attain Warrant Officer
The Nigerian Army has achieved a significant milestone in gender inclusivity by promoting Hajara Egbunu, a soldier from the elite Infantry Corps and the Nigerian Army Women Command, to the prestigious rank of Warrant Officer.
The promotion ceremony, held on Friday at the Command Conference Room in Abuja, marked a groundbreaking moment as Egbunu became the first female soldier from the Infantry Corps and the Nigerian Army Women Command to attain this rank.
Brigadier General Mathias Amatso, the Commander of the Nigerian Army Women Command, presided over the event and decorated Warrant Officer Egbunu. Speaking at the ceremony, Amatso commended her for an exceptional career defined by professionalism, dedication, and discipline. He emphasized that the promotion was not merely a recognition of her past achievements but also a testament to her unwavering commitment to the values and standards of the Nigerian Army.
According to a statement released by Lieutenant Maureen Ogbuka, Acting Assistant Director of Army Public Relations for the Nigerian Army Women Command, Amatso urged Egbunu to continue leading by example. He remarked, “Her promotion reflects her hard work. I encourage her to maintain discipline and inspire younger soldiers, in alignment with the core values of the Nigerian Army.”
In her acceptance speech, Army Warrant Officer Egbunu expressed profound gratitude for the support and guidance she received throughout her career. She thanked God for His blessings and acknowledged the instrumental role of the Chief of Army Staff, Lieutenant General Olufemi Oluyede, whose visionary leadership she credited for facilitating her advancement.
Egbunu also extended heartfelt appreciation to Brigadier General Amatso, whose mentorship had been pivotal during her tenure as the Regimental Sergeant Major (RSM) of the Nigerian Army Women Command. Her remarks reflected a deep sense of pride and responsibility as she embraced her new rank.
The promotion ceremony concluded with a group photograph and a reception featuring light refreshments. The event was not just a celebration of Egbunu’s personal achievement but also a significant step toward enhancing gender inclusion and representation within the Nigerian Army.
This milestone highlights the progress being made in recognizing the contributions of women in the military and setting the stage for future advancements. By breaking barriers, Warrant Officer Egbunu serves as an inspiration to female soldiers across the country, encouraging them to strive for excellence and leadership in their respective careers.
News
Oyo Guber race: I’m not part of it — FIRS boss’ Zacch Adedeji
By Kayode Sanni-Arewa
Executive Chairman of the Federal Inland Revenue Service, FIRS, Mr Zacch Adedeji, said that he was not part of those contesting the Oyo state governorship election in 2027.
Adedeji, who had previously held cabinet position in Oyo State (Commissioner for Finance 2011-2015), has been touted as one of the personalities likely to jostle for the position.
He, however, in a recent outing, dispelled the rumour doing this round, saying he only wanted to focus on the task before him at the moment.
“I want to use this to respond to a lot of requests, that I, Zacch Adedeji, will not contest for governorship election in 2027.
“I know a lot of people would not be happy about this, but everybody knows the responsibility and grace that God has given to us. I was a commissioner of finance 14 years ago. And by that time, with the grace of God, we’ve done all of what God wants us to do in the state.
“He has given us that platform. So the only thing I need from you is your prayers for strength to end well with what I’m doing now. So I would not want to be distracted,” he said in the clip
Adedeji was appointed by President Bola Tinubu in September 2023 to head the FIRS.
News
SEE Today’s Black Market Exchange Rate: Dollar (USD) To Naira (NGN) – January 5, 2025
By Kayode Sanni-Arewa
What is the Dollar to Naira Exchange Rate in the Black Market (Parallel Market)?
Here’s the latest information on the Dollar to Naira black market exchange rate for January 4, 2025. Check below for the rates at which you can exchange your dollars for Naira.
How Much is a Dollar to Naira Today in the Black Market?
Here’s the latest information on the Dollar to Naira black market exchange rate for January 4, 2025. Check below for the rates at which you can exchange your dollars for Naira.
How Much is a Dollar to Naira Today in the Black Market?
According to sources at the Bureau De Change (BDC), the exchange rate for a dollar to Naira at the Lagos Parallel Market (Black Market) is as follows:
Buying Rate: ₦1,665
Selling Rate: ₦1,670
Please note that the Central Bank of Nigeria (CBN) does not recognize the black market and advises individuals to approach their banks for foreign exchange transactions.
Dollar to Naira Black Market Rate Today:
Buying Rate: ₦1,665
Selling Rate: ₦1,670
Dollar to Naira CBN
Rate Today:
Highest Rate: ₦1,540
Lowest Rate: ₦1,531
Note: Actual rates may vary depending on the transaction and location.
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