Investigation by Reps into TETFund Interventions has led to bribery accusations by VCs and Rectors but has been denied by the lawmakers The House of Representatives has denied the allegation of extortion against it by Vice Chancellors, Rectors, and Provosts of tertiary institutions. The House Spokesman/Chairman of the House Committee on Media & Public Affairs, Rep. Akin Rotimi Jr. (APC, Ekiti) in a press statement issued on Sunday described the allegation as a smear campaign...
The helicopter crash was said to have taken place on Saturday, 10 February 2024, around 7 am, Nigerian time. The President of the Senate, Senator Godswill Akpabio has mourned the sudden demise of the Chief Executive Officer of Access Holding, Herbert Wigwe, his wife and son in a helicopter crash in California, USA. Akpabio in a statement by his Special Adviser on Media and Publicity, Hon. Eseme Eyiboh described the death of Wigwe and his...
NNPC, Now NNPCL, Nigeria’s national oil company has undergone some rapid and significant metamorphosis in the last three years. Here’s why and these are the structural changes you need to know. Despite the numerous motions to diversify Nigeria’s economy, there has not been a very significant movement away from petroleum as the mainstay. And given that the Nigerian state has been putting its mouth where its money is, the Nigeria National Petroleum Corporation (NNPC) has...
As political observers await the swearing-in of the elected Senators on the floor of the Red Chambers, OrderPaper, in this piece, OrderPaper profiles these lawmakers before and after joining politics. The Independent National Electoral Commission (INEC) on Saturday, 3rd February 2024 conducted some bye-elections as a result of the resignation or death of elected lawmakers and subsequent vacancies declared by the presiding officers of the National Assembly and the state houses of assemblies. In the...
The House of Reps has commended NECO over its swift compliance to resolutions by the parliament saying it is a reflection of its understanding of the need to put public interest above administrative actions. The House of Representatives welcomes the postponement of a planned promotion examination by the Management of the National Examination Council (NECO) for its staff members drawn from across the country in swift compliance with a resolution of parliament. This follows a...
Oil firms, telecom companies, and others are to ensure a reduction in radiation from indiscriminate deployment of telecom equipment to curb pollution in the environment. The House of Representatives has expressed its readiness to clamp down on erring oil and gas, power, telecommunication, and construction companies, among others as part of ongoing efforts geared toward ensuring the safety of Nigerians across the country. Chairman, House Committee on Safety Standards and Regulations, Rep. Sulaiman Abubakar Gumi...
CBN Governor, Cardoso has assured that efforts by the Apex bank will seek to minimise the distortion that high exchange has on inflation. The Central Bank of Nigeria (CBN) has disclosed that its efforts to stabilise foreign exchange rates to ease the economic situation in the country are beginning to yield results. The CBN governor, Olayemi Cardoso, who disclosed this during an interactive session with the Joint Senate Committee on Finance, Banking, Insurance and Financial...
Following the resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn. The Nigerian Communications Commission (NCC) has announced that the interconnect debt dispute between MTN Nigeria Communications Plc. (MTN) and Globacom Limited (Globacom) has been amicably resolved. According to a statement signed by Reuben Muoka, Director, Public Affairs, NCC, following the resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn. Following...
The Joint Economic Team of the Senate consisting of the Committees on National Planning and Economic Affairs, Banking Insurance and Other Financial Institutions, Appropriations, and Agriculture had an interactive session with the officials of the Central Bank of Nigeria (CBN) led by Governor Yemi Cardoso. The Senate has questioned the Central Bank of Nigeria (CBN) concerning the increased economic challenges currently facing the country as they voiced concern about the plan to import food to...
President Tinubu has signed the Electricity Act (Amendment) Bill, 2024, which seeks to address the development and environmental concerns of host communities into law. President Bola Ahmed Tinubu on Friday signed the Electricity Act (Amendment) Bill, 2024, into law. The bill which was passed by the House of Representatives on July 27, 2023, and the Senate on November 14, 2023, was sponsored by Rep. Babajimi Benson (APC, Lagos). The Electricity Act (Amendment) Bill, 2024, seeks...
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