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Nigerian Newspapers: 10 things to know this Tuesday, Morning, January 2

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Good morning! Here is today’s summary from Nigerian Newspapers:

  1. Budget Signed into Law: President Bola Tinubu has officially signed the N28.7 trillion 2024 Budget into law. The signing took place at the Presidential Villa in Abuja, emphasizing his commitment to a timely budget cycle.

  2. Labour Party Criticizes New Year’s Broadcast: The Labour Party (LP) criticizes President Tinubu’s New Year’s Day nationwide broadcast, describing it as deceitful and lacking empathy. The party’s National Publicity Secretary, Obiora Ifoh, deems the speech “appalling and hollow.”

  3. Efficient Budget Cycle Commitment: President Tinubu signs the 2024 Appropriation Bill, reiterating his commitment to a timeous, predictable, and efficient budget cycle. The signing took place shortly after his return to Abuja from Lagos.

  4. Labour Party’s Opposition Role: Labour Party’s presidential candidate, Peter Obi, announces the party’s adjustment to a new role as Nigeria’s main opposition in 2024. The LP pledges to keep the APC on its toes to safeguard the interests of Nigerians.

  5. Call for Unity Among Rivals: President Tinubu extends an appeal to his former election rivals, including Atiku Abubakar and Peter Obi, urging them to join forces for the nation’s welfare. He emphasizes the need to transcend political divisions beyond the election period.

  6. President’s Reflection on 2023: President Tinubu, in his New Year’s address, asserts that everything he has done since assuming office on May 29, 2023, has been in the best interest of the country. He describes the past year as challenging and eventful.

  7. Governor’s Commitment Amid Turmoil: Rivers State Governor Siminilayi Fubara affirms his commitment to providing quality leadership despite political turmoil. He vows to resist disruptions and continue the pace of development in the state.

  8. Aregbesola’s Potential Political Move: Former Minister of Interior and ex-governor of Osun State, Rauf Aregbesola, hints at a potential political move in Osun State by the end of 2024. He conveys this message during a Thanksgiving event organized by the Omoluabi Caucus.

  9. Governor’s Pledge to Immortalize Predecessor: Ondo State Governor Lucky Aiyedatiwa promises to immortalize his late predecessor, Rotimi Akeredolu. He also commits to completing all projects initiated throughout the state by Akeredolu.

  10. Electricity Tariff Hike Denial: Electricity distribution companies in Nigeria deny reports about plans to increase electricity tariffs from January 1, 2024. The denial follows earlier reports suggesting an impending tariff hike.