Ahead Of Nationwide Protests, Nigeria’s National Assembly Begins Seven-Week Recess

The Nigerian Senate and the House of Representatives (NASS) have embarked on a seven-week recess and are set to resume on September 17.

This break followed the passage of several bills, including amendments to the minimum wage law, President Bola Tinubu’s request to increase the 2024 budget by N6.2 trillion, and an amendment to the 2023 Finance Act.

Also, the recess is ahead of the planned nationwide peaceful protests starting Thursday, August 1, 2024.

Speaking on Tuesday, Senate President Godswill Akpabio said Tinubu may sign the minimum wage before Friday.

We are hoping that Mr President signs the minimum wage bill before Friday,” Akpabio said.

The Senate also passed a bill seeking to impose a one-time windfall tax (50 per cent) on commercial banks for foreign exchange earnings.

Meanwhile, some national assembly committees are scheduled to meet this week and next, while both chambers will resume on September 17.

Read: FIRS Boss Pushes For 50% Windfall Tax On Banks, Says It’ll Balance Reduced Tax Revenue From Manufacturing Sector

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