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NATIONAL ASSEMBLY GOES ON RECESS AS TINUBU AWAITS MINIMUM WAGE BILL
The National Assembly has embarked on a seven-week recess, adjourning plenary sessions until September 17.
This comes after a flurry of legislative activities, including the passage of key bills such as the amendment to the minimum wage law, which now awaits President Bola Tinubu’s signature.
Senate President Godswill Akpabio expressed optimism that the President may sign the bill before Friday, bringing relief to Nigerian workers.
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The National Assembly also approved President Tinubu’s request to increase the 2024 budget by N6.2 trillion and passed an amendment to the 2023 Finance Act.
Additionally, the Senate passed a bill imposing a one-time 50% windfall tax on commercial banks’ foreign exchange earnings.
While the lawmakers are on recess, some national assembly committees are scheduled to meet this week and next to attend to urgent matters.
The recess also comes ahead of planned nationwide peaceful protests starting August 1, 2024.
The National Assembly’s break has sparked mixed reactions from Nigerians, with some praising the legislative achievements and others criticizing the timing of the recess.
