The Senate and House of Representatives have embarked on their annual recess.

The lawmakers are expected to resume for plenary on September 17.

This development occurred after some crucial bills were passed by the lawmakers.

Earlier, they had passed the minimum wage law, and President Bola Tinubu’s request to increase the 2024 budget by N6.2 trillion.

The amendment to the 2023 Finance Act, among others were also ratified.

Speaking on Tuesday, Senate President, Godswill Akpabio, said Tinubu may sign the minimum wage bill before Friday.

“We are hoping that Mr. President signs the minimum wage bill before Friday,” Akpabio said.

The National Assembly also passed a bill seeking to impose a one-time windfall tax on banks for foreign exchange earnings.

Some committees of the National Assembly are scheduled to meet this week and next.