The Nigerian Senate and House of Representatives have embarked on a seven – week annual recess.
This is coming after some important bills were passed by the lawmakers.
They will resume for plenary on September 17.
Among the bills passed were the minimum wage law, and President Bola Tinubu’s request to increase the 2024 budget by N6.2 trillion.
The amendment to the 2023 Finance Act, among others were also ratified.
Speaking on Tuesday, Senate President, Godswill Akpabio, said Tinubu may sign the minimum wage bill before Friday.
“We are hoping that Mr. President signs the minimum wage bill before Friday,” Akpabio said.
The National Assembly also passed a bill seeking to impose a one-time windfall tax on banks for foreign exchange earnings.
However, some, committees of the National Assembly are scheduled to meet this week and next week.
(vitalnewsngr.com)
