­­9th House Renews Interest in NGO Regulation Bill

Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila has announced that the House may undertake a further review of the Non-Governmental Organisations Regulatory Commission of Nigeria (Establishment) Bill, 2016 after security concerns were raised at a meeting of its leadership with security chiefs on Monday, 23rd September 2019. The move, which will see the revisiting of an 8th House of Representatives Bill was…

NASS Receives MTEF and FSP as President Buhari Sets to Present 2020 Budget

President Muhammadu Buhari has forwarded the 2020-2022 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the National Assembly. The document, which was received at the plenary session of both chambers on Wednesday, 24th September 2019 sets out the Federal Government’s economic, fiscal and monetary objectives ahead of the 2020 budget presentation and as required under the Fiscal Responsibility Act. The submission of…

NASS Deputy Speaker Elected ECOWAS First Deputy Speaker

Hon. Idris Wase (APC:Plateau), Deputy Speaker of Nigeria’s House of Representatives has emerged as the first Deputy Speaker of the ECOWAS Parliament after elections by the 15 Member nations on Thursday, 19th September, 2019. As Deputy Speaker, Hon. Wase is expected to assist the current Speaker, Hon. Moustapha Cisse Lo (from Senegal) preside over meetings and conduct debates in accordance with the ECOWAS Parliament Rules…

Reps Pass Commodities Exchange Bill for Second Reading

A Bill seeking to regulate Commodities Future Trading in Nigeria has passed second reading in the House of Representatives. The Bill, which was read for the second time on Thursday, 19th September, 2019 provides for the establishment of a Commodities Future Trading Commission in Nigeria headed by a Director-General to regulate the Conduct of Commodities Business, register commodities exchanges and derivative trading facilities. While a…