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Sharon Eboesomi, Author at Parliament Reports - Page 2 of 70

Senate tackles exclusion of indigenous businesses from federal contracts

For years, Nigeria’s public procurement system has been widely criticised for its overly complex, rigid, and exclusionary nature, which tends to favour well-established and, often, foreign firms. In a significant policy shift aimed at boosting grassroots economic development, the senate has directed its committees on public procurement and local content to initiate amendments to the Public Procurement Act and the Nigerian Local Content Act. The goal is to lower existing entry barriers and level the...

ICONS: How Tinubu’s presidency is shaped by former legislators

This class of leaders has traversed either the red and green chambers of the National Assembly, gaining not just lawmaking experience, but a mastery of Nigeria’s complex political terrain. For much of Nigeria’s democratic journey since 1999, executive power has often been portrayed as the pinnacle of political ambition, overshadowing the legislature, which, though constitutionally co-equal, has struggled to match the influence and visibility of governors and presidents. However, a deeper exploration of Nigeria’s Fourth...

Senate confirms boards of regional development commissions

With the senate’s confirmation, the three commissions are expected to commence full operations in line with their respective establishment acts. The senate has confirmed the appointments of key officials to steer the affairs of three newly established regional development commissions – the South West Development Commission (SWDC), the South-South Development Commission (SSDC), and the North Central Development Commission (NCDC). The confirmations were made during Thursday’s plenary following the consideration and adoption of reports presented by...

Tinubu signs four landmark tax reform bills into law

In a significant step towards overhauling Nigeria’s fiscal framework, President Bola Tinubu signed into law four key tax reform bills President Bola Tinubu has signed into law four key tax reform bills aimed at unifying tax administration, improving revenue generation, and enhancing the country’s business climate. The bills were signed on Thursday at a brief but symbolic ceremony held at the Aso Rock Presidential Villa in Abuja at about 3:20pm, in the presence of top...

Senate approves ₦1.485trn Rivers emergency rule budget

The bill authorises the issuance of a total sum of ₦1,485,662,592,442 from the Consolidated Revenue Fund of Rivers State for the 2025 fiscal year, ending 31 December 2025. The senate has approved the sum of ₦1.485 trillion as the 2025 budget for Rivers state, marking a major milestone in the federal government’s ongoing emergency administration of the oil-rich south-south state. The passage followed the consideration and adoption of the report of the senate ad-hoc committee...

Commotion in senate over appointment of non-indigene to chair electoral commission

The session, which had earlier progressed smoothly, turned tense after Minority Leader, Sen. Abba Moro (PDP, Benue South), raised strong objections to the appointment of a Rivers state nominee. There was uproar in the senate on Wednesday during the consideration of the report of the ad-hoc committee on the emergency administration in Rivers State, following controversy over the screening and confirmation of Michael Odey, a nominee from Cross River State as chairman of the Rivers...

Another defection as Senator Imasuen dumps Labour Party for APC

Sen. Imasuen attributed his defection to “irreconcilable internal crises and leadership challenges” within the LP. The ranks of the ruling All Progressives Congress (APC) in the senate have once again swelled following the defection of Sen. Neda Imasuen, who represents Edo south senatorial district, from the Labour Party (LP). Sen. Imasuen’s defection was formally announced during Wednesday’s plenary by the senate president, Godswill Akpabio, who read a letter from the lawmaker conveying his decision to...

Another extension as 2024 budget to run till December 2025

For the second time, the national assembly has extended the implementation of the 2024 capital budget to December 2025 amid growing concerns over fiscal discipline. The national assembly has again extended the implementation timeline for the capital component of the 2024 national budget, this time until 31 December 2025. This marks the second extension of the spending period, effectively placing Nigeria in the unusual situation of operating two budget cycles concurrently. The decision was announced...

Glimpse of nominees as OrderPaper unveils ICONS of the 4th Republic project

President Tinubu, Senate President Akpabio, Saraki, 11 governors and many others are listed to premier the 4th Republic ICONS OrderPaper Nigeria has unveiled the ICONS (Initiative for Celebrating Outstanding National Statespersons) of the Fourth Republic, a first-of-its-kind legacy initiative designed to honour outstanding Nigerian leaders whose careers have spanned both the legislative and executive arms of government. A press statement issued today said the programme is designed to mark 26 years of uninterrupted democratic governance...

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