IMF, following its Post Financing Assessment (PFA), has called on the Federal Government led by President Bola Ahmed Tinubu to phase out completely all forms of subsidies including electricity subsidies. Legal practitioner, political economist, and a former Minority Whip of the House of Representatives, Dr Samson R. Osagie has urged President Bola Tinubu to ignore the recommendation of the International Monetary Fund, IMF, on subsidies. Hon. Osagie, in an open letter to the President, stated...
Herbert Wigwe, Chief Executive Officer of Access Holdings Died at the age of 57 in a chopper crash in the United States of America. Senator Sani Musa (APC, Niger East) has expressed profound sadness over the tragic death of Access Holding Chief Executive Officer, Herbert Wigwe, his wife, and son in a recent helicopter crash in California, USA. In a personally signed statement on Tuesday, Senator Musa, who chairs the Senate Committee on Finance, conveyed...
Among the several Bills and Motions to be presented at the House this week, here are some considered to have far-reaching effects. The House of Representatives stands at the forefront of shaping policies that resonate with the aspirations and concerns of the populace. Each week, the hallowed halls of this esteemed institution witness a flurry of activity as lawmakers deliberate, debate, and decide on bills and motions that have far-reaching implications for the country. In...
The National Assembly is likely to address the issues around Nurses’ verification, the continuous insecurity nationwide, and the ban by the Republic of Niger restricting flights to/from Nigeria on its Air Space. As the National Assembly reconvenes for another session, it finds itself confronted with a myriad of pressing issues that demand urgent attention. Among the top trending concerns are the recently stipulated conditions for the verification of nurses, escalating insecurity as seen by an...
As the House gears up for another week of legislative activities, a series of crucial bills poised to take centre stage are up in this Legislative Intelligence Forecast Entry (LIFE) by OrderPaper. A bill calling for the regulation of NGOs, 2 bills seeking to amend critical areas of the constitution, and a bill on cybercrimes from the Senate are expected to drive debates, discussions, and decisions in the coming days. As the House of Representatives...
Super Eagles get commendation by the House of Representatives as “Nigeria has been more united by their sterling performance…” The House of Representatives has congratulated the National Male Football Team, Super Eagles, for clinching the Silver Prize at the prestigious Africa Cup of Nations (AFCON) 2023 for a fifth time. The House celebrates the entire players and Coaching Crew for their spirited efforts; as well as the Team Captain, William Troost Ekong for emerging ‘Man...
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 proposed ban by NAFDAC on sachet alcohol drinks runs contrary to the spirit and letter of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), and runs against the Economic Recovery Plan of the current administration. The House of Representatives has frowned at the ban on sachets alcoholic drinks by the National Agency for Food and Drug Administration and Control (NAFDAC) and therefore resolved to investigate the basis and circumstances surrounding the...
The LIFE article published by OrderPaper last Tuesday highlighted several topics expected to take centre stage in the National Assembly’s deliberations and some found their way into the discourse of the National Assembly. In a prescient display of foresight, OrderPaper accurately forecasted the subjects of debate within the Nigerian National Assembly for last week, as outlined in its recent LIFE article. The predictions, made with meticulous attention to detail, have proven to be remarkably on...
CBN says the false allegation is aimed at triggering panic in the foreign exchange market and sabotaging its efforts at stabilising the Naira The Central Bank of Nigeria (CBN) has refuted allegations that the Federal Government is considering converting $30bn domiciliary deposits to Naira. According to a statement by Sidi-Ali, Hakama (Mrs.), Ag. Director, Corporate Communications, CBN, the false allegation is aimed at triggering panic in the foreign exchange market and sabotaging its efforts to...
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