Business Hilights

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Why politics’ll remain do or die in Nigeria

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Fact check from the just passed 2021 Appropriation Act by Business Hilights Intelligence Unit (BHIU), an independent research arm of Media Hilights Integrated Co Ltd, publishers of Business Hilights revealed that the quantum of fabulous allocation to every relevant and irrelevant people in the Nigerian National Assembly remains a big source of attraction for politicians.

Take a curious look.

The N125bn proposed for the National Assembly and its affiliates had been raised by N8.99bn, putting the new total estimates at N133.99bn. A breakdown of the parliament’s budget is as follows: National Assembly management, N15.97bn; Senate, N33.27bn; House of Representatives, N51.99bn; National Assembly Service Commission, N5.73bn; legislative aides, N9.6bn; Public Accounts Committee – Senate, N118.97m; PAC – House, N142.76m; general service, N9.13bn; National Institute for Legislative and Democratic Studies, N7.37bn; Service Wide Vote, N389.35m; and Office of the Retired Clerks and Permanent Secretaries, N275.24m.

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.