Politics
Nigerian Senate, House Of Reps Embark On Seven-Week Recess, Resume September 17
In a decisive legislative session, the Nigerian Senate and House of Representatives have embarked on their annual recess, set to resume on September 17. This break follows the passage of several critical bills, marking a significant moment for the nation’s legislative process.
Among the notable bills passed were the Minimum Wage Law and President Bola Tinubu’s request to increase the 2024 budget by N6.2 trillion. Additionally, an amendment to the 2023 Finance Act and a bill imposing a one-time windfall tax on banks for foreign exchange earnings were ratified.
Senate President Godswill Akpabio expressed optimism about the swift enactment of the minimum wage bill, stating, “We are hoping that Mr. President signs the minimum wage bill before Friday.”
Although the National Assembly members are on recess, several committees are scheduled to meet this week and next to continue their legislative duties. This ensures that essential work progresses even as the broader legislative body takes a break.
These legislative achievements and the upcoming recess underscore the dynamic nature of Nigeria’s political landscape as the government addresses key economic and social challenges.