March 2024 - Page 7 of 14 - Parliament Reports

INSIGHT: Sustainability as the New Deal for Companies and Communities

Oke EpiaMarch 18, 20246 min

Sustainability refers to the responsible management of the earth’s finite resources to meet present needs without compromising the ability of future generations to meet their own needs. The House of Representatives recently threatened to issue arrest warrants on executives of some companies operating in Nigeria’s oil and gas industry. The alleged offence of these companies is their failure to honour invitations to explain or defend their Corporate Social Responsibility (CSR) initiatives to host communities in...

Senate

Senate Suspensions: A look back since 1999

Leah TwakiMarch 17, 20248 min

The Senate has seen its fair share of suspensions over the years, with notable figures facing consequences for various reasons. The Nigerian Senate has seen its fair share of suspensions over the years, with notable figures facing consequences for various reasons. Here’s a glimpse into some of the significant suspensions that have occurred since 1999: Senator Joseph Waku (PDP, Benue North West) A notable suspension at the senate was that of the former Senator Joseph...

Senate

“I don’t want to be your friend, is it by force?” – Wike lambasts Kingibe

Sharon EboesomiMarch 17, 20244 min

Wike accused Senator Kingibe of blackmailing him and informed her that he could not be forced into becoming her friend The Minister of the Federal Capital Territory (FCT), Nyesom Wike has lambasted Senator Ireti Kingibe (LP, FCT) The former Rivers State governor also gave reasons why he and Senator Kingibe have never been in good terms since they both assumed their current position. OrderPaper recalls that earlier in January, Kingibe claimed that there was no...

EXPLAINER: Everything about the CBN Amendment Bill

Leah TwakiMarch 16, 20246 min

This CBN amendment bill, aimed at refining certain provisions of the CBN Act 2007, carries significant implications for Nigeria’s financial landscape. The Central Bank of Nigeria (CBN) Act 2007 stands as a cornerstone of Nigeria’s financial regulatory framework, outlining the roles, functions, and powers of the apex bank. Recently, the Nigerian Senate has brought forth a significant development in the form of the CBN Amendment Bill, aiming to revise certain provisions of the existing Act....

Senate

1.1trn FCT budget scales second reading in the Senate

Sharon EboesomiMarch 15, 20243 min

Of the N1.147 trillion budget indicated, N140 billion was earmarked for personnel cost, while N280 billion was earmarked for overhead as well as N726 billion for capital projects. The Senate has passed for a second reading a sum of N1.1tn Federal Capital Territory 2024 Appropriation Bill. The bill titled, “2024 Federal Capital Territory (FCT), Appropriations Bill 2024, (SB 397),” was sponsored by Senator Opeyemi Bamidele (APC, Ekiti Central) during Thursday’s plenary. Out of the N1.147...

House of Representatives Senate

Tinubu seeks repeal of students loans act, seeks re-enactment

Elizabeth AtimeMarch 15, 20243 min

President Tinubu forwarded a correspondence to the National Assembly seeking the repeal of the existing Act. President Bola Ahmed Tinubu has forwarded a letter to the Senate and the House of Representatives, seeking a repeal and re-enactment of the Access to Higher Education Act, 2023, otherwise known as the Student Loan Act. President Tinubu’s letter came in during Thursday’s plenary at both chambers a day after the announcement of a temporary suspension of the commencement...

Senate

Barely 48 hours, Yar’Adua replaces Ningi as chairman Northern Senators Forum

Sharon EboesomiMarch 15, 20243 min

Senator Sumaila Kawu was also replaced with Senator Tahir Monguno as the new Northern Senators Forum (NSF) Publicity Secretary Barely 48 hours after the resignation of Senator Abdul Ningi (PDP, Bauchi Central) as Chairman of the Northern Senators Forum (NSF), Senator Abdulaziz Yar’Adua (APC Katsina Central), has announced his emergence as the new Chairman. This was a sequel to the unanimous endorsement by Senators across the three geo-political zones in the North who also appointed...

Senate

World Kidney Day: Senate calls for extensive campaigns to raise awareness

Sharon EboesomiMarch 14, 20244 min

World Kidney Day is a health awareness campaign focusing on the importance of the kidneys and overall health as a way of reducing the frequency and impact of kidney disease. The Senate has called on the federal government and other stakeholders to launch an extensive public education campaign to raise awareness about kidney disease prevention, risks and available treatment. This is as it resolved to call the attention of members of the Committee on Health...

PROFILE: Meet Abdul Ningi, the stormy petrel on the cross

Leah TwakiMarch 14, 20244 min

Ningi’s recent actions have thrust him into the spotlight, leading to a three-month suspension. Senator Abdul Ningi (PDP, Bauchi Central), a seasoned figure in the Nigerian political landscape, has found himself recently at the centre of a storm in the National Assembly. Over three hours of energy and resources were expended during Tuesday’s plenary in the red chamber as Senators unleashed their plight on the budget padding allegations by Senator Ningi and voted in favour...

Citizens Speak

Heirs Technologies appoint Obong Idiong as CEO

Leah TwakiMarch 14, 20243 min

Idiong, renowned for his extensive experience in the technology sector and visionary leadership approach, assumes the helm of Heirs Technologies with a wealth of accomplishments. Heirs Technologies, a prominent digital transformation company, has declared the appointment of Obong Idiong as its Chief Executive Officer (CEO), signalling a strategic move to fortify its position in delivering cutting-edge enterprise solutions and IT consulting services for businesses. Idiong, renowned for his extensive experience in the technology sector and...

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