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Bauchi SEC Approves N300bn 2024 Budget
Published
2 years agoon
By
Editor
The Bauchi State Executive Council (SEC) has approved the medium term expenditure of about N300 billion for the 2024 physical year.
Mr Aminu Hammayo, the Bauchi state Commissioner for Budget and Economic Planning, disclosed this while briefing newsmen on the outcome of the State Executive Council (SEC) meeting on Wednesday.
According to him, the budget estimate was made on the basis of certain assumptions like increase in oil production capacity, increase in Value Added Tax.
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Other assumptions he said included the impact of the withdrawal of oil subsidy as there had been an increase in the amount of revenues accrued into the federation account as well as the increase in the cost of goods and services.
“The budget estimate for the year 2024 is about N300 billion and we have a proportion of about 58.8 per cent allocated for capital expenditure and about 41.2 per cent for recurrent expenditure.
“This means the emphasis is basically on capital expenditure so as to generate more revenue in the future.
“This budget estimate is going to be presented as a bill to the state House of Assembly and after the presentation, we will still come back to where there will be a budget briefing to give the details of what the budget is all about,” he said.
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Also speaking, the state Commissioner for Information and Communication, Mr Usman Garba, explained that a decision had been taken to create a Ministry of Regional Integration so that the problems and challenges of the people would further be attended to.
He said that this decision was taken during the Northeast Governors Forum meeting held in Yola, Adamawa state on Saturday.
“Here in Bauchi state, the governor has decided to merge this new ministry with the ministry of Higher Education.
“So, what we have now is the Ministry of Higher Education and Regional Integration,” he said.
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News
Lagos Suspends BRT Lane Enforcement On Eko Bridge, Odo Iya-Alaro
Published
6 hours agoon
July 2, 2025By
Editor
The Lagos State Government has temporarily suspended enforcement of the Bus Rapid Transit lane along the Eko Bridge and Odo Iya-Alaro corridor to ease growing traffic congestion.
This gridlock is a result of the ongoing structural rehabilitation on the Ogudu-Ifako Bridge expansion joint.
Special Adviser to the Lagos Governor on Transportation, Sola Giwa announced the suspension on Wednesday, describing it as a strategic move to tackle gridlock in affected parts of the city.
“This remedial measure, conceived as a palliative response to mitigate commuter hardship, aligns with the Lagos State Government’s forward-thinking and adaptive transportation strategy under the THEMES Plus Agenda of Governor Babajide Sanwo-Olu, particularly within the framework of sustainable traffic management and infrastructure modernisation,” Giwa said.
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He explained that the temporary suspension is a transitional and conditional measure aimed at absorbing the anticipated vehicular overflow caused by the partial closure of the Ifako-bound carriageway of the Third Mainland corridor.
“We are fully cognizant of the immense strain currently imposed on key ingress routes into the Lagos Mainland. Consequently, this tactical suspension of BRT lane enforcement is a calculated response designed to deliver immediate relief, reduce commuting time, and preserve the fluidity of vehicular movement throughout the duration of the bridge repairs,” he added.
According to him, the directive takes immediate effect and allows general vehicular access to previously restricted BRT corridors on Eko Bridge and Odo Iya-Alaro, particularly during peak travel periods.
He said this move is expected to expand available road capacity and ease traffic along critical routes.
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Giwa, however, stressed that commercial buses and articulated vehicles must remain in compliance with existing safety rules and loading guidelines to avoid worsening traffic conditions or compromising public safety.
He also disclosed that the Lagos State Traffic Management Authority has been mobilised to strengthen its presence along the affected corridors.
“Enhanced personnel deployment and traffic equipment are now in place to ensure orderly conduct, prevent exploitation of the temporary suspension, and respond promptly to any emergent traffic disturbances,” Giwa stated.
News
Lagos Opens Teacher Recruitment Portal For Two Weeks
Published
6 hours agoon
July 2, 2025By
Editor
The Lagos State Government has announced the reactivation of its teaching job recruitment portal to allow qualified individuals to apply for entry-level teaching positions.
In a notice issued by the Lagos State Teaching Service Commission on Tuesday, the portal will be open for applications from Tuesday, July 1 to Monday, July 14, 2025.
“The Lagos State Teaching Service Commission is set to reactivate its Recruitment Portal as a bold step towards improving access to employment opportunities, equity, and fairness.
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“The job portal, which will be accessible for two weeks (Tuesday, July 1st 2025, to Monday, July 14th, 2025), is intended to provide a centralised platform where individuals can apply for State Teaching jobs at the entry level (GL 08) in their relevant fields,” the notice read.
The move, according to the Commission, is aimed at improving access to employment opportunities in the education sector while ensuring equity and fairness.
TESCOM urged interested applicants with a degree in Education or other relevant qualifications to visit the official portal https://tescomjobs.lagosstate.gov.ng and apply for teaching roles at Grade Level 08.
The notice was signed by the Chairman of the Lagos State Teaching Service Commission.
News
FG Unveils N50m Grant To Boost Student Innovation, Entrepreneurship
Published
7 hours agoon
July 2, 2025By
Editor
The Minister of Education, Dr. Tunji Alausa, has announced a N50m Student Grant Venture Capital Initiative to support scaling student-led enterprises in Nigeria’s tertiary institutions.
Alausa said the initiative aims to bridge the gap between academia and industry by turning homegrown research into commercially viable products and services.
The minister made the announcement on Wednesday in Abuja when he inaugurated the Research and Innovation Commercialisation Committee.
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He said the scheme, which will be anchored by TETFund in partnership with the Bank of India, targets undergraduate students in 300-level and above with viable business models and innovations ready for market expansion.
According to the minister, the development is aligned with President Bola Tinubu’s agenda of transitioning Nigeria from a resource-based economy to a knowledge-driven one.
“We have hundreds of thousands of young geniuses across our institutions. This fund is designed to unlock their potential and help them build globally competitive enterprises,” the minister said.
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On her part, the Minister of State for Education, Prof. Suwaiba Ahmad, described the inauguration as a landmark moment in Nigeria’s education and innovation history.
“For too long, research in our tertiary institutions has been reduced to tools for promotion rather than solutions for development. This must change,” she said.
In his response, the Committee Chairman, Dr. Tayo Aduloju, described the RICC as “a matter of national urgency”, noting that Nigeria’s research investment as a percentage of GDP is among the lowest when compared to peer nations.
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