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Breaking: Lagos Assembly Approves Reordering Of 2024 Budget

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Breaking: Lagos Assembly Approves Reordering Of 2024 Budget

– increases capital expenditure

 

The Lagos State House of Assembly has amended the Appropriation Law of 2024 that has a size of N2,267,976,120,869.

 

The reordering is sequel to a letter dated August 9, 2024 and sent to the House by the State Governor, Mr. Babajide Sanwo-Olu.

The House at plenary on Thursday gave the approval after the Chairman of the Committee on Economic Planning and Budget, Hon. Lukman Olumoh, presented the report and recommendations of the Committee which were adopted as the resolution of the House.

Breaking: Lagos Assembly Approves Reordering Of 2024 Budget

 

Though the total budget size remains the same, the recurrent expenditure was reduced from N952,430,566,998 in the original budget to N935,377,028,422 while the capital expenditure was increased from N1,315,545,553,871 to N1,332,599,092,448 following the reordering.

“That a bill for a law to authorise the issuance and appropriation of N935,377,028,422 from the Consolidated Revenue Fund for Recurrent Expenditure and N1,332,599,092,448 from the Development Fund for Capital Expenditure thereby totalling a revised budget size of N2,267,976,120,869 for the year ending 31st December, 2024 be passed into law,” the Speaker, Rt. Hon. Mudashiru Obasa, announced to his colleagues who unanimously voted in favour.

The Speaker, thereafter, directed the Clerk of the House, Barr. Olalekan Onafeko, to forward a clean copy of the bill to the Governor for his assent.

Prior to the passage of the reordered budget, Hon. Olumoh reminded the House that in the letter sent by the Governor, the latter explained that the rationale for the request to redistribute the budget included the need to boost the appropriation to some Ministries, Agencies and Parastatals.

The letter requesting the reordering had also emphasised the need to meet the State Government’s commitments to the residents through the budget.

Eromosele Ebhomele
Chief Press Secretary to the Speaker of the Lagos State House of Assembly.

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Primate Ayodele’s Prophecy Fulfilled As South Sudan Postpones Election Till 2026

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Primate Ayodele Never Said Seyi Makinde Would Become President’’ – Media Aide Clarifies*

Primate Ayodele’s Prophecy Fulfilled As South Sudan Postpones Election Till 2026

 

 

South Sudan’s parties to the 2018 peace agreement have extended the current transitional period by another two years.

The decision was reached during a meeting President Salva Kiir held with his deputies, cabinet members and advisors in the capital, Juba on Friday.

The extension implies the country’s first post-independence election initially scheduled for December 22, 2024 will not take place.

The Cabinet Affairs minister, Martin Elia Lomuro said the transition period extension is an opportunity to implement the remaining key provisions in the peace agreement.

“The extension is in response to the recommendations from the electoral institutions and the security sector. It is an opportunity to implement the pending issues in the peace deal’” he said.

This development has fulfilled the prophecies of Primate Elijah Ayodele of INRI Evangelical Spiritual Church which he shared at different times regarding the presidential election.

The prophet in September 2023 stated in a video that the date for the election will be changed due to insecurity in the country. He made it known that the election will not see the light of the day and will be destabilized.

These were his words:

‘’South Sudan election: the date for the election will be changed, the election isn’t realistic, mark my words because of insecurity in the country. If you go ahead, the election will not see the light of the day and it will be destabilized. The moment you have a shift in the election, the international community will begin to put pressure on South Sudan and if you go ahead with the election, rebels are ready to cause imminent danger, the date isn’t realistic.’’

@primateayodele

#africantiktok #africatiktok #African #Africa #iescworldwide #primateayodele #southsudan #southsudantiktokers🇸🇸 #south #English #elections #southsudantiktokers🇸🇸

♬ original sound – Primate Ayodele

In another video published in February 2024, Primate Ayodele made it known that there will be confusion in the country regarding the presidential election.

WATCH VIDEO BELOW:

@primateayodele

#southsudan #southsudantiktokers🇸🇸 #salvakiir #salvakiirmayardit #prophecy #southsudanese #warningsignals #africa #africantiktok #primateayodele #iescworldwide

♬ original sound – Primate Ayodele

With the latest development, the prophecy of Primate Ayodele has been fulfilled.

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PDP govs lose as NWC hands Wike Control Of Rivrs PDP

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PDP govs lose as NWC hands Wike Control Of Rivrs PDP

PDP govs lose as NWC hands Wike Control Of Rivrs PDP

 

The Minister of Federal Capital Territory, Nyesom Wike, has solidified his position in the Peoples Democratic Party leadership crisis as the National Working Committee endorsed the Rivers State congresses.

Wike’s loyalists within the PDP NWC not only secured the approval but also postponed the National Executive Committee meeting, originally set for September 26, to October 24, which could have overturned the decision.

The PDP NWC, led by acting National Chairman Umar Damagum, made this decision during a meeting at the party’s national headquarters, Wadata Plaza, in Abuja on Thursday.

The NWC meeting had been delayed for the past three weeks amid rising tension within the party, especially between former Rivers State governor Wike and the PDP Governors Forum over the status of Rivers State party congresses.

The political conflict between Wike and current Rivers State Governor, Siminalayi Fubara, escalated on August 24 when PDP governors publicly backed Fubara.

PDP governors called for a review of the Rivers State Congresses and affirmed Fubara’s role as the leader of the PDP in the state.

This support for Fubara enraged Wike, who on August 31 threatened to create chaos in the governors’ states if they did not refrain from interfering in Rivers State matters.

In response, on September 3, the PDP Governors’ Forum condemned Wike’s threat as irresponsible.

A senior NWC member, speaking anonymously due to lack of authorisation, revealed that the approval of the Rivers and other state congresses was granted, and the NEC meeting had been rescheduled to October 24.

The NEC meeting, originally set for August to address burning issues, including Damagum’s replacement, was first moved to September 26 because some members were travelling to Saudi Arabia for pilgrimage. It has now been rescheduled to October 24.

The source stated, “They have achieved their aim. Wike has again defeated the PDP governors as the NWC approved the Rivers and other states’ congresses. There was nothing a few NWC members who were against it could do other than allow them to have their way. As it stands, only the NEC can overturn it to suit the governors’ demands.

“The Rivers State Congresses and those of other states were approved by the NWC. A few states where issues were identified were stepped down. For example, in Kogi, the Chairman and Deputy were not approved due to anomalies.

“Only the NEC can overturn the NWC’s decision on Rivers and other states. However, the NEC meeting, originally slated for September 26, has been postponed to October 24, which may not hold on that date. As it stands, Wike has defeated the Bauchi State Governor Bala Mohammed-led PDP Governors Forum

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Campaign funds: LP Tasks NSA, EFCC to probe Obi, Yesufu, Afenifere

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Campaign funds: LP Tasks NSA, EFCC to probe Obi, Yesufu, Afenifere

Campaign funds: LP Tasks NSA, EFCC to probe Obi, Yesufu, Afenifere

 

The National Working Committee of the Labour Party, led by Julius Abure, has called on the National Security Adviser and the Economic and Financial Crimes Commission to investigate Aisha Yesufu, Pastor Itua Ighodalo, the party’s 2023 presidential candidate, Peter Obi, and leaders of Afenifere for alleged misappropriation of funds from the 2023 presidential campaign.

 

Campaign funds: LP Tasks NSA, EFCC to probe Obi, Yesufu, Afenifere

The call was made by the LP’s National Publicity Secretary, Abayomi Arabambi, at a press conference in Abeokuta, Ogun State, on Wednesday.

 

Arabambi expressed concern over recent comments by Yesufu, who defended herself against accusations of being involved in the alleged diversion of the 2023 campaign funds.

The party has alleged that Yesufu, along with Pastor Ighodalo and other accomplices, mismanaged and diverted over N12bn and $15m in donations intended for the Labour Party’s campaign.

 

 

Arabambi dismissed Yesufu’s denials as attempts to cover up the alleged financial misconduct and criticised her statements as an insult to the party’s leadership.

He also accused Yesufu and her associates of acting under the direction of Obi, whom he described as a “political merchant,” to defraud the party.

Additionally, Arabambi implicated Afenifere leaders, including Pa Ayo Adebanjo, Akin Osuntokun, and Sola Ebiseni, accusing them of retaining over N600m in private accounts linked to Afenifere.

 

He claimed that these individuals were hired by Obi to commit fraud and divert funds from the Labour Party’s presidential campaign.

“The trio of Pa Ayo Adebanjo, Akin Osuntokun, and Sola Ebiseni were involved in financial infractions totaling over ₦600m, which they have kept in private accounts and Afenifere accounts,” Arabambi stated. “Peter Obi allegedly hired Aisha Yesufu, Pastor Itua Ighodalo, and this faction of Afenifere to commit looting, criminal conspiracy, and diversion of funds from the Labour Party’s presidential campaign while presenting themselves as elder statesmen.”

Arabambi highlighted the party’s commitment to transparency and accountability and called for an investigation into all bank accounts associated with the alleged misconduct.

He urged a thorough investigation into the accounts linked to  Adebanjo, Osuntokun, and Ebiseni to ascertain the extent of Afenifere’s involvement in the alleged fraud.

The National Coordinator of the Obedient Movement, Dr. Yunisa Tanko, described the allegations as baseless and false.

“The allegations are unfounded. I was present when Aisha Yesufu provided the audited account of the presidential campaign fund, and the truth is that no money is missing from the Labour Party’s accounts,” Dr. Tanko stated in a phone conversation with our correspondent.

The Deputy Leader of Afenifere, Oba Oladipo Olaitan, when contacted, said he was not familiar with the allegations. “I have just seen the lengthy press statement you are referring to. I have not read it, but if Afenifere needs to respond later, we will certainly do so,” Olaitan said.

 

 

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