March 2026 - Page 4 of 4 - Parliament Reports

The Rural Electrification Agency (REA) has revealed plans to achieve over 500 electrification projects in the 2026 fiscal year with specific focus on institutions and underserved rural communities The Rural Electrification Agency (REA) has outlined plans to implement more than 500 electrification projects in the 2026 fiscal year, targeting public institutions and underserved rural communities as part of efforts to deepen energy access nationwide. The agency’s Managing Director, Abba Aliyu, disclosed this on Friday while...

A bill seeking to create a comprehensive legal and institutional framework for the regulation of Nigeria’s fintech industry has been scheduled for public scrutiny on Monday March 2 The House of Representatives of Nigeria has commenced legislative action to establish a dedicated regulatory body for Nigeria’s fast-growing financial technology sector. The move follows the progress of a bill sponsored by Rep. Fuad Kayode Laguda, titled “A Bill for an Act to Provide for the Establishment...

The Minister of Education has sought  legislative backing to allocate at least 20 per cent of the budget to education, in line with UNESCO’s recommendation The Minister of Education, Tunji Alausa, has appealed to the National Assembly to give robust backing to the Federal Ministry of Education’s 2026 budget, warning that chronic teacher shortages, weak school security and decaying infrastructure are undermining learning outcomes nationwide. Parliament Reports recalls that out of the N58.47 trillion 2026...

The House Committee on Insurance and Actuarial Matters has  praised the NDIC over 97 percent budget implementation in 2025 The Nigeria Deposit Insurance Corporation (NDIC) has achieved a 97 per cent implementation of its 2025 budget, a performance lawmakers say outpaces many other Ministries, Departments and Agencies (MDAs), particularly on capital expenditure. The Chairman of the House of Representatives Committee on Insurance and Actuarial Matters, Rep. Ahmed Jaha, made the observation on Thursday during a...