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    MarketForces Africa » MarketForces News » Minimum Wage Implementation: Kano Assembly Passes N99bn Supplementary Budget

    Minimum Wage Implementation: Kano Assembly Passes N99bn Supplementary Budget

    Julius AlagbeBy Julius AlagbeSeptember 6, 2024 News No Comments1 Min Read
    Minimum Wage Implementation: Kano Assembly Passes N99bn Supplementary Budget
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    Minimum Wage Implementation: Kano Assembly Passes N99bn Supplementary Budget

    The Kano State House of Assembly has passed a supplementary budget of N99 billion to enable the state government to implement the new minimum wage and other services.

    The Speaker of the house, Alhaji Jibril Falgor said that the budget would enable the state government to implement the new minimum wage and other services as the fund would be extended on recurrent, personnel and overhead cost.

    He appreciated his colleagues for their contributions toward the speedy passage of the bill.

    Gov. Abba Kabir-Yusuf had on Aug. 20, submitted the N99 billion supplementary budget to the state assembly.

    In his remarks, the majority leader said the passage of the supplementary budget had raised the 2024 budget of the state to N536 billion. #Minimum Wage Implementation: Kano Assembly Passes N99bn Supplementary Budget

    Money Market Rates Hit 31% as Liquidity Tightens Further

    Kano State
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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