February 2024 - Page 5 of 16 - Parliament Reports

Ways and Means: Saraki drums support for Senate probe

Leah TwakiFebruary 22, 20242 min

Saraki commended the 10th Senate for their efforts, emphasizing the significance of legislative oversight and the responsibility to advocate truth and represent the people. Former President of the 8th Senate, Bukola Saraki, took to Twitter to express his views on the ongoing probe in the 10th Senate, reflecting on the principles of transparency and accountability established during his tenure. Recalling the 8th Senate’s commitment to transparency, Saraki reminisced about their scrutiny of foreign loan requests...

Nuggets & Learning RemTrack

INSIGHT: NNPC and the Akara Company Story

Efe IseghohimeFebruary 22, 20245 min

In discussions surrounding the transitioning of the Nigerian National Petroleum Corporation Limited (NNPC) to Nigerian National Petroleum Corporation Limited (NNPCL), misunderstandings persist about its ownership and mode of operations. One of the major misconceptions is whether or not the NNPC is a commercial or private company. Confused about what these terms mean? There is a story about the Akara for 4 the People Company that can help us understand what is important here. In case...

Alleged Defamation: ‘Retract your statement or be ready to pay N1bn’ – Emefiele to Akpabio

Leah TwakiFebruary 22, 20245 min

Emefiele has vowed to sue the Senate President, Godswill Akpabio, for alleged defamation and demanded an apology in written form and published in the media. The immediate-past Central Bank of Nigeria Governor (CBN), Godwin Emefiele, has vowed to sue the Senate President, Godswill Akpabio, for alleged defamation. The Senate president had at Senator Barinada Mpigi’s thanksgiving service in Koroma, Tai Local Government Area, Rivers State on February 18, stated that President Bola Tinubu’s administration did...

House of Representatives

Reps halt planned increase of fees at Nigerian law school

Elizabeth AtimeFebruary 22, 20243 min

The House also mandated the Council to stay action on the matter of school fees owing to the economic situation in the country. The House of Representatives has called on the Council of Legal Education to immediately halt the planned increment of the fees at Nigerian Law School urging it to stay action on the matter owing to the economic situation in the country. The decision was a sequel to the adoption of a motion...

Senate

Senate to probe price hike of cement and building materials

Sharon EboesomiFebruary 22, 20243 min

The Senate urged the federal government to permit the importation of Cement as a temporary fix. The Senate has decided to investigate the country’s rising prices for cement and other building supplies. To determine whether monopolistic or market manipulation tactics are to blame for the price increase, the Red Chamber instructed its Committee on Industries, led by Senator Francis Fadahunsi (APC, Osun East), to look into the operations of the nation’s cement manufacturing industries. Additionally,...

Senate

Bill to Establish South West, North Central Development Commissions scale second reading in Senate

Sharon EboesomiFebruary 22, 20242 min

A bill for the establishment of the North Central Development Commission also scaled second reading in the Senate. The Senate has passed for second reading, a bill seeking to establish the South West Development Commission, SWDC. This was a sequel to the consideration of the document titled, “A bill for an act to Establish the South West Development Commission charged with the responsibility among others to receive and manage funds from allocation of the Federation...

Senate

Senate grills CBN’s MPC Nominees over food crisis and forex challenge

Sharon EboesomiFebruary 21, 20243 min

President Bola Tinubu had last week forwarded to the Senate for confirmation, the names of nominees to the MPC of the Central Bank of Nigeria (CBN). The Senate on Wednesday, subjected nominees for membership to the Monetary Policy Committee, MPC, of the Central Bank of Nigeria (CBN) to thorough drilling. Before the MPC’s meeting slated for next week Monday, the Senate, via its Committee on Banking, Insurance, and Other Financial Institutions, grilled six of the...

House of Representatives

Reps to hold valedictory session for late Ghali Na’bba

Elizabeth AtimeFebruary 21, 20243 min

The valedictory session is scheduled for 11:00 am at the House of Representatives Wing of the National Assembly Complex, is to be presided over by the Speaker. The House of Representatives will, on Thursday, hold a valedictory session in honour of the Fourth Assembly Speaker, Rt. Hon. Ghali Umar Na’Abba, CFR, who died on Wednesday, December 27, 2023. The session scheduled for 11:00 am at the House of Representatives Wing of the National Assembly Complex...

Senate

“Halt all plans to increase electricity tariff” – Senate to FG

Sharon EboesomiFebruary 21, 20248 min

The Senate called on the federal government to concentrate on the production and distribution of electricity rather than raising electricity rates. The Senate has demanded that the federal government halt any plans to raise electricity rates in the nation, arguing that the government’s attempt to raise rates and remove subsidies comes at an inappropriate time. To prevent a repeat of the fuel subsidy scandal, it also decided to investigate the N2 trillion electricity tariff requested...

Senate

Senate confirms 17 nominees as NPC Commissioners

Sharon EboesomiFebruary 21, 20242 min

The Senate also confirmed Dr Kelechi Ohiri as the Director-General, National Health Insurance Authority (NHIA). The Senate has confirmed 17 persons for appointment as commissioners of the National Population Commission (NPC) out of the 19 nominated by President Bola Tinubu. These confirmations sequel the adoption of the screening report of the Committee on National Identity Card and Population at the Committee of the Whole during Wednesday’s plenary. Presenting the report, the Chairman of the Committee,...

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