The Senate and House of Representatives have embarked on their annual recess.
The two chambers of the National Assembly commenced their break after passing several crucial bills.
Among the bills passed by the National Assembly are the amendment to the minimum wage law, President Bola Tinubu’s request to increase the 2024 budget by N6.2 trillion, and an amendment to the 2023 Finance Act, among others.
Speaking on Tuesday, Senate President Godswill Akpabio stated that Tinubu may sign the minimum wage bill before Friday.
“We hope that Mr. President signs the minimum wage bill before Friday,” Akpabio remarked.
The National Assembly also passed a bill seeking to impose a one-time windfall tax on banks for their foreign exchange earnings.
However, some committees of the National Assembly are scheduled to meet this week and next, while both chambers will reconvene on September 17.