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    MarketForces Africa » Uncategorized » Senate Passes Bill to Prescribe Salaries, Allowances of Judicial Officers

    Senate Passes Bill to Prescribe Salaries, Allowances of Judicial Officers

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 5, 2024Updated:June 5, 2024 Uncategorized No Comments2 Mins Read
    Senate Passes Bill to Prescribe Salaries, Allowances of Judicial Officers
    Godswill Akpabio, Senate President
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    Senate Passes Bill to Prescribe Salaries, Allowances of Judicial Officers

    The Senate on Wednesday passed a bill seeking to prescribe improved salaries, allowances and fringe benefits of judicial office holders in Nigeria. This followed the adoption of a report of the Committee on Judiciary, Human Rights and Legal Matters at plenary.

    Presenting the report, the Chairman of the committee, Sen. Mohammed Monguno (APC-Borno) said that stakeholders at the public hearing of the bill were unanimous in their support for its passage.

    Monguno said that the purposes of the bill were sacrosanct to the justice sector reform initiative of the present administration.

    He said that the bill was in consonance with the Constitution of the Federal Republic of Nigeria and the standing rules of the senate.

    According to him, the proposed legislation is apt and timely, as the increase in remuneration of judicial office holders is long overdue, in light of the present economic realities and high inflation in the country.

    He said that the bill was quite innovative, as aside the increment in the basic salary, it also took cognisance of certain peculiarities of the administrative structure and operation of the judiciary.

    “Generally, the bill, if passed will birth an appropriate and commensurate remuneration that will ensure judicial independence and integrity.

    “No doubt, adequate remuneration will allow judicial officers to focus on their professional development without worrying about financial constraint.

    “Hence, it will improve their professionalism and decision making skills, and fair compensation for judicial officers is crucial for maintaining public trust in judiciary’s impartiality and integrity.

    “When Judges are adequately compensated, it demonstrates a commitment by society towards the important role they play in upholding justice,” Monguno said . He said that the increase in remuneration for judicial office holders was essential to attract and retain highly qualified and experienced professionals, who possessed the necessary skills, knowledge and integrity to serve on the bench.

    “Certainly, the bill, if passed will give financial security to retired judicial officers, after years of dedication in the profession and allowing them to remain comfortable during their retirement,” the chairman said. He said that the increment under consideration, had been captured in the 2024 Appropriation Act. #Senate Passes Bill to Prescribe Salaries, Allowances of Judicial Officers

    Namibia Keeps Interest Rate at 7.75%

    Judical officers JUDICIARY
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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