A bill proposing a new structure of salaries and allowances for judicial officers in the country has passed the third reading at the House of Representatives.

President Bola Tinubu forwarded a letter along with the executive bill to the House of Representatives on Tuesday, urging swift passage of the proposed legislation.

 

In the letter, the president said the bill seeks to end the “prolonged stagnation” of the remuneration of judicial officers.

“The judicial office holders salaries and allowances bill seeks to prescribe salaries and allowances and fringe benefits for judicial officials to end the prolonged stagnation in their remuneration and to reflect contemporary socio-economic realities.”

Yesterday, the lower legislative chamber passed the bill after the third reading.

In the breakdown of the bill seen by TheCable, the Chief Justice of Nigeria, CJN, will receive a monthly salary of N5.4 million, amounting to N64.8 million per annum.

The breakdown of the remuneration shows that the CJN will receive a monthly basic salary of N1.1 million and N4.3 million in regular allowances.

The annual pay includes various components such as personal assistant allowance of N3.6 million, hardship allowance of N6.7 million, entertainment allowance of N6 million, utility allowance of N4 million, outfit allowance of N3.3 million, journal subscription allowance of N2 million, medical allowance of N5.3 million, long service allowance of N1.3 million, restricted or forced lifestyle allowance of N6.7 million, dual responsibility allowance of N2.9 million, and legal researchers’ allowance of N6.9 million.

The bill also proposes N61.4 million annually for justices of the Supreme Court.

[Vanguard]

Last modified on Sunday, 24 March 2024 14:14

A bill proposing a new structure of salaries and allowances for judicial officers in the country has passed the third reading at the House of Representatives.

President Bola Tinubu forwarded a letter along with the executive bill to the House of Representatives on Tuesday, urging swift passage of the proposed legislation.

In the letter, the president said the bill seeks to end the “prolonged stagnation” of the remuneration of judicial officers.


“The judicial office holders salaries and allowances bill seeks to prescribe salaries and allowances and fringe benefits for judicial officials to end the prolonged stagnation in their remuneration and to reflect contemporary socio-economic realities.”

Yesterday, the lower legislative chamber passed the bill after the third reading.

In the breakdown of the bill seen by TheCable, the Chief Justice of Nigeria, CJN, will receive a monthly salary of N5.4 million, amounting to N64.8 million per annum.

The breakdown of the remuneration shows that the CJN will receive a monthly basic salary of N1.1 million and N4.3 million in regular allowances.

The annual pay includes various components such as personal assistant allowance of N3.6 million, hardship allowance of N6.7 million, entertainment allowance of N6 million, utility allowance of N4 million, outfit allowance of N3.3 million, journal subscription allowance of N2 million, medical allowance of N5.3 million, long service allowance of N1.3 million, restricted or forced lifestyle allowance of N6.7 million, dual responsibility allowance of N2.9 million, and legal researchers’ allowance of N6.9 million.

The bill also proposes N61.4 million annually for justices of the Supreme Court.

Last modified on Thursday, 21 March 2024 07:40

President Bola Tinubu has appealed to members of the national assembly to exercise restraint in inviting heads of ministries, departments and agencies (MDAs).

The president spoke on Wednesday while breaking the Ramadan fast with Tajudeen Abbas, speaker of the house of representatives, and other members of the leadership cadre of the lower legislative chamber.

Hardly a week passes at the national assembly without lawmakers summoning heads of government agencies.

In instances where government officials fail to appear, they are often threatened with warrants of arrest.

 

Tinubu said while oversight is essential for maintaining transparency and accountability in governance, the frequent summons of heads of government agencies can affect service delivery to the people.

”I have been watching various committees summoning ministers and heads of agencies,” the president said.

 

“I have complained to the speaker to let the poor breathe. Let these people do the job. We are not saying that you are not influential. We are not saying you cannot do your oversight.

 

“But consider the primary duty of each agency, its personnel, or the responsibilities of the governor of the central bank or the coordinating minister of the economy and minister of finance to you and the entire nation.

”If they are distracted or disturbed, maybe we will shift parliamentary sitting all through the night. We must find a way to accommodate one another.

 

“This is an appeal to you. See if you can accept representatives in some instances or even documentation.”

 

The president reiterated that he believes in the constitutional powers of the national assembly to uphold good governance through oversight responsibilities on the executive. 

 

Tinubu asked the lawmakers to use the occasion of Ramadan to show compassion and support members of their constituencies.

“We are making sacrifices for the country, and we are assuring citizens that there is a very bright light at the end of the tunnel,” Tinubu said.

“We must have faith. And please do not forget your constituencies and remember what they are going through.

”I cannot thank you enough for what you are doing — but it is for our country. There is nothing personal about this. It is for Nigeria, and we have no other country but Nigeria.”

[TheCable]

 

Tinubu vows national honors, befitting burial for slain soldiers

 

President Bola Tinubu, last night, promised that the sacrifices of the 16 soldiers killed last week in Okuama, Ughelli South Local Government Area of Delta State, would not be in vain.

Speaking during the breaking of Ramadan fast at State House, Abuja, with Speaker of the House of Representatives, Hon. Tajudeen Abbas, and the leadership of the House, Tinubu said the deceased military personnel would be given befitting burial and national honours.


The president’s comments came as Bayelsa State Governor, Senator Douye Diri, yesterday, said the killers of the military men must be smoked out and treated as criminals. Diri called for concerted effort and support for the military and other security agencies to enable them to bring the killers to justice.

The governor condemned the killings and expressed his deep condolences and that of the Bayelsa State government to the families of the slain military personnel, the armed forces, and the army, in particular. He stressed that no effort should be spared to bring the perpetrators to book.

Delta State Commissioner of Police, Olufemi Abaniwonda, disclosed that the army was yet to grant the police access to Okuama. Abaniwonda said the area was still volatile and deserted.

Commenting on the death of the military men on national duty, Tinubu said, “In responding to distress calls, they met the end of their lives in a savage manner. Let us work to sympathise and symbolise the fact that they are worth the sacrifices they have made for Nigeria.

“We salute all our men and women in uniform, and we sympathise with them. I will soon make further pronouncements, but they must have a befitting burial and national honours.”

Advising members of the National Assembly on the rate of invitations to heads of MDAs, Tinubu said while oversight was essential to ensure transparency and accountability in governance, excessive summoning of officials could disrupt operations and hinder service delivery to citizens.

He urged lawmakers to show discretion in the exercise of their oversight functions.

The president stated, ”I have been watching various committees summoning ministers and heads of agencies. I have complained to the speaker to let the poor breathe. Let these people do the job. We are not saying that you are not influential. We are not saying you cannot do your oversight.

“But consider the primary duty of each agency, its personnel, or the responsibilities of the governor of the central bank or the Coordinating Minister of the Economy and Minister of Finance to you and the entire nation.

“If they are distracted or disturbed, maybe we will shift parliamentary sitting all through the night. We must find a way to accommodate one another. This is an appeal to you. See if you can accept representatives in some instances or even documentations.”

The president, however, expressed confidence in the ability of the National Assembly to uphold good governance, and lauded the existing cordial relationship between the executive and the legislature. He said the harmonious working relationship had resulted in the expeditious passage of several bills to improve the welfare of Nigerians.

Tinubu urged the legislators not to forget their constituencies, saying they should take advantage of the holy month of Ramadan to show compassion and support the less privileged in society.

He told the legislators, “We are making sacrifices for the country, and we are assuring citizens that there is a very bright light at the end of the tunnel. We must have faith and, please, do not forget your constituencies and remember what they are going through.

The national average price of Premium Motor Spirit, otherwise known as petrol, increased year-on-year, YoY, by 157.57 percent to N679.36 per litre in February 2024, from N263.76 per litre recorded in the corresponding period of 2023.

However, in its latest report – ‘Premium Motor Spirit (Petrol) Price Watch for February 2024’, the National Bureau of Statistics, NBS, indicated that Zamfara State topped the price chart at N750.43 per litre, followed by Kebbi and Taraba States with N746.67 and N710.56 respectively.

The report stated “Kwara, Ogun and Benue States had the lowest average retail price for Premium Motor Spirit, (Petrol) at N650.00, N650.83 and N652.73 respectively. On zonal profile, the North-West zone had the highest average retail price of N701.20, while the South-West zone had the lowest price of N657.20

Similarly, in another report – ‘Automotive Gas Oil (Diesel) Price Watch for February 2024’ by NBS indicated that the average retail price for diesel increased year-on-year, YoY, by 50.20 percent to N1,257.06 per litre in February 2024, from N836.91 per litre recorded in the corresponding period of 2023.

This is even as diesel price continues to increase in many states with price ranging from N1,600 –N1,700

The report stated “On a month-on-month basis, an increase of 9.02% was recorded from N1,153.01 in the preceding month of January 2024 to an average of N1,257.06 in February 2024.

On States variation analysis, Akwa Ibom State topped the price chart with N1,525.00 per litre, while Gombe state followed with N1,500.00 and Kwara State with N1,440.00.

Furthermore, the States with the lowest prices are Adamawa State with N1,037.50, Kano State with N1,111.43 and Katsina State with N1,125.00. The Zonal representation of the average price of Automotive Gas Oil (Diesel) shows that South South Zone has the highest price of N1,343.09 while South West Zone has the lowest price N1,164.05 when compared with other Zones.

The Central Bank of Nigeria (CBN) has cleared the $7 billion foreign exchange (FX) backlog which was pending when Yemi Cardoso took over as the Governor of the apex bank.

This development was announced in a statement on Wednesday by the CBN Acting Director of Corporate Communications, Hakama Sidi Ali.

According to her, all valid claims have been settled and only those claims found to be illegitimate were not honoured.

Ali explained that the CBN employed the services of an independent auditing firm, Deloitte Consulting, to meticulously evaluate all claims and any invalid transaction have been referred to appropriate authorities for further checks.

“Any invalid transactions were referred to the relevant authorities for further investigation,” she stated.

Nigeria’s Foreign Reserve Hits $34.11 Billion, Highest In 8 Months
Meanwhile, Nigeria’s foreign reserves have recorded an increase of 2.83%, jumping to $34.11 billion as of March 7, 2024, from $33.17 billion at the beginning of the year.

The figure, which is based on the latest data released by the Central Bank of Nigeria (CBN), is the highest in eight months.

The most recent data from the Central Bank of Nigeria (CBN) shows a significant increase in external reserves, rising by $993 million in just one month and reaching the highest level in eight months.

On March 7, 2024, the external reserves totalled $34,110,027,381, which is higher than the previous month’s amount of $33,116,051,881 reported on February 8, 2024.

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The data shows that the reserves have been staying pretty consistent at around $32 to $33 billion for the past eight months. The latest record on March 7 is the highest it’s been since June 30, 2023, when the reserves hit $34,119,447,986.

President Bola Tinubu has banned ministers, heads of agencies, and other government officials from embarking on public funded foreign trips.

The ban will last for three months in the first instance and will take effect on April 1, 2024.

This was contained in a letter dated March 12, 2024, and signed by the Chief of Staff to the president, Femi Gbajabiamila; and addressed to the Secretary to the Government of the Federation, George Akume.

In January, Tinubu issued an order to reduce the number of people accompanying him on both local and foreign trips, noting that his delegation members should not exceed 25 for local travels and 20 for international trip

He also mandated that security agents at his destination should provide his protection instead of being accompanied by many security personnel from Abuja.

This came following the backlash he faced during and after the last twenty-eighth Conference of Parties (COP28) in the United Arab Emirates, which about 590 Nigerian officials attended.

Responding to the public outburst, the government said it provided funding for only 422 out of the 590 individuals in the delegation.

The letter indicating the ban read in part, “Mr President has concerns about the rising cost of travel expenses borne by Ministries, Department and Agencies of Government as well as the growing need for cabinet members and heads of MDAs to focus on their respective mandates for effective service delivery.

“Considering the current economic challenges and the need for responsible fiscal management, I am writing to communicate Mr Presideni’s directive to place a temporary ban on all public funded international trips for all Federal Government officials at all levels, for an initial period of three months from Ist April 2024.”

The ban, according to the letter, was aimed at reducing costs in governance.

It added, “This temporary measure is aimed at cost reduction in governance and intended as a cost-saving measure without compromising government functions.”

Tinubu added that government officials who intend to go on any public funded foreign trip must seek and get presidential approval at least two weeks before embarking on any such trip, which must be ‘deemed absolutely necessary’.

It added, “All government officials who intend to go on any public funded international trips must seek and obtain Presidential approval at least two weeks prior to embarking on any such trip, which must be deemed absolutely necessary.”

The Federal Government has released the full list of individuals and organizations financing terrorism in Nigeria.

The list released by the Federal Government include Tukur Mamu, a close ally of Islamic cleric, Sheikh Ahmad Gumi.

The list also include six Bureau De Change, BDC, operators.


Recall that information earlier released by the Nigerian Financial Intelligence Unit, NFIU, said those financing terrorism include nine individuals and six Bureau De Change operators.

In its report titled, ‘Identification of Persons and Organizations as of March 18, 2024’, the NFIU said the Nigeria Sanctions Committee convened on March 18, 2024, during which certain individuals and entities were identified for sanction due to their ties to terrorism financing.

Subsequently, a post released on X on Monday by former President Muhammadu Buhari’s Media Aide, Bashir Ahmad, reads: “The Federal Government has released names and BDCs funding terrorists in Nigeria. We hope that those individuals will face the necessary legal consequences for their actions.

1. Tukur Mamu
2. Yusuf Ghazali
3. Muhammad Sani
4. Abubakar Muhammad
5. Sallamudeen Hassan
6. Adamu Ishak
7. Hassana-Oyiza Isah
8. Abdulkareem Musa
9. Umar Abdullahi

The six BDCs and firms are:

10. West and East Africa General Trading Company Limited
11. Settings Bureau De Change Ltd
12. G. Side General Enterprises
13. Desert Exchange Ventures Limited
14. Eagle Square General Trading Company Limited
15. Alfa Exchange BDC

Last modified on Thursday, 21 March 2024 06:19

The Minister of Education, Prof. Tahir Mamman has met with striking unions in a bid to end the ongoing warning strike.

The meeting took place on Wednesday in Abuja.

The unions include Senior Staff Association of Nigerian Universities, SSANU, Non-Academic Staff Union of Universities, NASU, and National Association of Academic Technologists, NAAT.

Mamman told newsmen after the meeting that the Federal Government would continue to dialogue with the unions to forestall an escalation.


Recall that the unions commenced a seven-day nationwide strike on Monday to protest the refusal of the Federal Government to release their four-month salaries withheld in 2021 because they embarked on a strike.

“It is our expectation that it will not go beyond what it is. We have a good understanding with the unions to ensure stability in our tertiary institutions.

“We will do everything possible to maintain confidence in the unions so that the issue of the strike can be resolved,” he said.

The General Secretary of NASU, Prince Peters Adeyemi, while commending the openness of the government in ending the strike, insisted that the strike will continue until a favourable response from the government is received.

“We have been duly briefed by the government team led by the Minister of Education on the efforts that the government is making in respect of our demands.

“We have said that since this is a warning strike, these efforts should continue and hopefully, before the end of the warning strike, something reasonable and tangible will come from the government.

“We appreciate their openness but this struggle will continue [until] as soon as we receive a positive response from the higher authorities.

“We assure the Nigerian public that the strike will be reviewed appropriately, but, for now, the strike continues while the government continues with efforts to get the desired results so that the universities will come back on stage,” he said.

Corroborating this, the President of NAAT, Comrade Ibeji Nwokoma, reiterated the decision of other unions, saying that the parties would further consult with their principals and thereafter would come back and brief the minister.

The Senate has passed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024.

The bill was passed on Wednesday, March 20.

The resolution of the Senate followed its consideration of the report of the Senate Committee on Tertiary Institutions and TETFUND that considered the Bill.

The chairman of the committee, Senator Muntari Dandutse (APC – Katsina South) presented the report during plenary.

President Bola Tinubu had last week transmitted the Bill to the National Assembly for its consideration and passage.

The Senate had given the Bill accelerated hearing by suspending relevant sections of its standing rules and referred the Bill to the Committee of the Whole for consideration.

After debate on the Bill, Senate President Godswill Akpabio referred the Bill to the Senate Committee on Tertiary Institutions and TETFUND for further legislative work and to report back in one week.

The Bill seeks to provide easy access to higher education for indigent Nigerians through interest-free loans from the Nigerian Education Loan Fund established in the Act to provide education for all Nigerians.