Happening Now: President Buhari presents 2016 Budget

President Muhammadu Buhari is presenting the 2016 national budget before a joint session of the National Assembly, comprising the Senate and the House of Representatives today, December 22.

The National Assembly complex has been locked down by presidential guards ahead of the presentation.

There are strong indications that lawmakers are ready to ensure that the 2016 Appropriation Bill gets speedy consideration and is passed into law.

Once the budget is presented today by the president, the Senate and the House of Representatives will go to their various chambers to commence work.

FG to slam another fine on MTN if they fail to meet December 31 deadline

ATP - Shittu said, “it is the right of MTN to approach the court but there was an infraction, which MTN admitted to have committed before it pleaded for leniency that led to the reduction of the fine from N1.4 trillion to N780 billion and the subsequent December 31, 2015 deadline to pay.

“If it has decided to go to court, it is still within the ambit of the law. I will not intervene, since they have gone to court, we will allow the court to decide if it is right for MTN to commit those infractions and breach the laws of the land.”

“it is unwise for MTN to go to court after the Federal Government had magnanimously reduced the fine. It will surely be fined for violating the rule at the expiration of the deadline, should it fail to pay the initial fine.”