President Muhammadu Buhari Presents 2018 Budget Proposal Of N 8.612 Trillion To The National Assembly
President Muhammadu Buhari has formally presented the 2018 budget proposal of N8.612trillion at a joint session of the National Assembly on Tuesday 7, November 2017 . It would be recalled that President Muhammadu Buhari had written to the National Assembly in a letter dated 1 November 2017 informing them of his intentions to present the […]
Senate To Address Issue Of Tenure Renewal For NDDC Board
The Senate has mandated that its Committee on NDDC address the issue of tenure renewal for the Niger Delta Development Commission (NDDC) Board by liaising with the new Secretary General of the Federation (SGF), Mr Boss Mustapha. Presenting the motion titled “The illegal extension of the tenure of the Board of the Niger Delta Development […]
Senate To Investigate Allegations Of Financial Fraud In The Power Sector
The Senate at its plenary session of Wednesday, 8 Nov 2017 mandated its Committees on Public Accounts and Power to investigate the allegations of financial fraud and planned diversion of $350million by the Federal Ministry of Power, Works and Housing. Presenting his submission on the motion titled ” Monumental Fraud in the Power Sector”, Sen. […]
Report Of The Senate On The Federal Capital Territory (FCT) Statutory Appropriation Bill, 2017
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House To Investigate Planned Diversion Of Funds Under The World Bank Funded Growth And Employment In States (Gems) Project
The House at its plenary session of Thursday, 2 November 2017 urged the Minister of Finance, the Governor of the Central Bank of Nigeria, the GEMS Project Team and the World Bank to halt a planned diversion of $35m out of a Growth and Employment in States (GEMS) Project. The said project was described as […]
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Report Of The Senate Committee On Trade And Investment On The 2017 Internally Generated Revenue
House Calls On Federal Government To Implement 2017/2018 Dry Season Growth Enhancement Support Scheme (Gess) Programme.
The House of Representatives at its plenary session of Tuesday, 31 October 2017 urged the Federal Ministry of Agriculture and Rural Development to implement the forthcoming 2017/2018 Dry Season Growth Enhancement Support Scheme (GESS) Programme that will increase Nigeria’s self-sufficiency in major staple food crops. Presenting the motion titled “The need to implement the 2017/2018 […]
Bill To Repeal The Foreign Exchange (Monitoring And Miscellaneous) Act, 2004 Passes Second Reading In The House Of Representatives
A Bill to repeal the Foreign exchange (Monitoring and Miscellaneous) Act, 2004 has passed second reading in the House of Representatives. The Bill seeks to improve on extant provisions by proposing the establishment of a foreign exchange market in addition to further regulation for the monitoring of transactions conducted in the said market. Leading the […]
Senate Commends President Buhari For Assenting To The North East Development Commission (NEDC) Bill, 2017
The Senate has commended President Muhammadu Buhari for assenting to the North East Development Commission (NEDC) Bill, 2017 and for his commitment towards the plight of the North Eastern region via a motion titled “The Assent of the North East Development Commission Bill” at its plenary session of Wednesday, 1 November 2017. Moving the motion, […]
Senate To Investigate Abuse Of Expatriate Quota By Foreign Multinationals
The Senate at its plenary session of Tuesday, 31 October 2017 mandated its Committees on Interior and Employment, Labour and Productivity to investigate all allegations on the abuse of expatriate quota by foreign multinationals. Presenting the motion, Sen. Andy Uba (APC: Anambra), expressed concerns over non-compliance with the Immigration Act, 2004 which mandates the Nigerian […]
Senate Calls For The Completion Of National Library
The Senate has called on the Federal Government to prioritize the funding and completion of the permanent site of the National Library of Nigeria in order to mitigate losses accruable to the project, and to be more strategic in the award of contracts so that it embarks only on projects that can be adequately financed. […]
Senate Considers Interim Report On Alleged Fraudulent Activities Of Revenue Generating Agencies
The Senate has considered an interim report of one its Adhoc Committees on the alleged mis-use, under-remittance and other fraudulent activities by revenue generating agencies. The report examined the collection, remittance and expenditure of Internally Generate Revenue (IGR) by the said agencies. Presenting the report at its plenary session of Wednesday, 25 October 2017, Chairman […]
House To Investigate The Reappearance And Subsequent Re-Instatement And Promotion Of Abdulrasheed Maina – Former Pension Boss
The House at its plenary session on Tuesday, October 24, 2017 set up an Ad-hoc Committee to investigate the re-surfacing, re-absorbing and subsequent elevation of the former chairman of the Presidential task force, Mr. Abdulrasheed Maina in the civil service despite being sacked and declared wanted by the Economic and Financial Crimes Commission (EFCC). The […]
Ivf Bill Scales Second Reading In Senate
A Bill for the regulation of In-Vitro Fertilization (IVF) has scaled second reading in the Senate (SB 127) . The Bill seeks to prohibit certain practices in connection with IVF, establish an IVF Authority, regulate the IVF process and make provisions in relations to children born through IVF. Leading the debate on the Bill at […]
Senate To Investigate Etisalat’s $1.2 Billion Debt Crisis
The Senate at its plenary session of Tuesday, 24 October 2017 mandated its Committees on Communications, Banking, Capital Market, National Security and Intelligence to investigate the management and utilization of a $1.2billion loan granted to Etisalat Telecommunication Company by thirteen Nigerian banks. Presenting the motion titled “The need for Senate’s intervention in the recent ETISALAT […]
Senate Holds Interactive Session With Inec Chairman
The Senate Committee on Independent National Electoral Commission (INEC) on Wednesday, 18 October 2017 organized an interactive session with the INEC Chairman Prof. Mahmood Yakubu at the National Assembly. The interactive session, which was open to members of the public, was aimed at discussing the implementation plans that INEC had commenced in preparation of the […]
Senate Passes The Nigerian Tourism Development Corporation Bill
The Senate has passed a Bill that will repeal the Nigerian Tourism Development Corporation (NTDC) Act, 2004 and enact the Nigerian Tourism Development Authority (NTDA) Act, 2017 Presenting the report at the plenary session of Thursday, 19 October 2017, Chairman of the Committee on Culture and Tourism, Sen. Matthew Urhoghide (APC: Edo) informed the Senate […]
House To Investigate The $701 Billion Assurance Facility Payment Approved By The Federal Executive Council
The House of Representatives will investigate a $701 Billion assurance facility payment that was approved by the Federal Executive Council (FEC) for an emergency and long-term power sector intervention. The facility payment, which will pay for gas supply and electricity generation, will cost the country a whopping $194 Billion in interest payment. Presenting the motion […]