The motion sponsor said if judgment debts are recovered the funds will help Nigeria address liquidity and revenue. The House of Representatives has mandated its Committees on Justice and Finance to investigate the Failure of Judgment Debtors and Debtors from regulatory audits to pay the federal government Judgment Sums, Audit Assessments, Tax and Pension Debts. The directive follows the adoption of a motion calling for an “Investigation into the Allegation of Failure of Judgement Debtors...
Senator Bassey worried that the exit of IOCs would lead to loss of jobs, loss of revenue, and abandonment of certain yet-to-be-satisfied obligations. The Senate has mandated its Committees on Petroleum (Upstream), Down Stream, and Gas to conduct a holistic investigation into the implementation of the Petroleum Industry Act (PIA) with regard to the potential exits of IOCs from Nigeria. This directive is contained in a motion on the “Urgent need for an...
The motion sponsor feared that the the weapons used by terrorists, armed robbers, and thugs in the country may be some of the missing firearms. The House of Representatives has resolved to launch an investigation into the frequent loss of firearms and ammunition from the Nigeria Police Force armament. It also directed its committees on Police affairs, National Security, and Intelligence, to investigate the failure of the Police Force to comply with the Financial Regulations...
The Deputy Senate President reaffirmed the legislature’s commitment to make laws that will support the executive’s measures for the nation’s development and unity. The Deputy President of the Senate, Senator Barau Jibrin (APC, Kano North), has commended the Supreme Court’s decision to uphold the victory of President Bola Ahmed Tinubu, calling it a victory for democracy. He also advised the appellants to work with the President to address the issues facing the nation. Barau...
The motion sponsor noted that the goal of the Electricity Act 2023 may be undermined if the N39 billion contract awarded to Ziglaks Company for the supply of electricity meters is not probed. The House of Representatives has resolved to investigate the N39 billion loan granted to Ziglaks by the defunct Ministry of Power, Works, and Housing to supply meters to distribution companies (DICOS) in Nigeria. This is even as it mandated the Committees of...
Senator Barau said there is a senate tradition that accords certain personalities the privilege of automatic confirmation without being screened. The Senate has confirmed the appointment of Musa Adamu Aliyu as Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC). It also confirmed the appointment of Saka Bolaji Suleiman and Prof. Gaji F. Dantata as Members of the Federal Judicial Service Commission. These confirmations were made during Thursday’s plenary after the Senate...
The Appropriations Committee chairman said the National Assembly will not approve a budget that is inflated by the cost of governance as against driving infrastructure. President Bola Ahmed Tinubu will present the 2024 budget estimates to the National Assembly in November, for scrutiny and eventual passage. The National Assembly will also receive Federal Government the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy (FSP) from the Federal Government next week for scrutiny. The Chairman, Senate...
Rep. Dekeri argued part of the money saved from fuel subsidy removal could be used to cover the WAEC and other examinations of students as a form of palliative. The House of Representatives stepped down a motion calling on the federal government to assist students with the cost of secondary school examinations in 2023/2024 to cushion the effect of fuel subsidy removal. The motion on the “Need to Compel JAMB, WAEC, and NECO Examination Bodies...
The motion sponsor said the intervention funds into the power sector, banks have taken over six of the eleven DisCos in Nigeria due to poor financial performance and management. The House of Representatives is set to investigate the financial interventions for the power sector since privatisation in 2013. This is even as it lamented that the sector still suffers revenue shortfalls which it attributes to high electricity tariffs despite the numerous intervention funds provided by...
Embattled ex-Governor of CBN, Godwin Emefiele attempted to contest the 2023 presidential election while in office. The Senate has passed for a second reading, a bill seeking to ban the Governor and Deputy Governors of the Central Bank of Nigeria (CBN) from participating in politics. The passage followed the consideration of two bills to amend the Central Bank Act sponsored by Senator Darlington Nwokocha (LP, Abia Central) and Senator Sunday Karimi (APC, Kogi...
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