Sharon Eboesomi, Author at Parliament Reports

Train 7 gas project: We have reached 67 percent completion – NLNG

Sharon EboesomiJune 20, 20245 min

The Train 7 project is a strategic initiative aimed at supporting the diversification of the country’s revenue sources and revenue generation during the energy transition. The Nigeria Liquified Natural Gas (NLNG) Limited has announced that the Train 7 gas project on Bonny Island, Rivers State, has reached 67 percent completion. The company accordingly reassured of its commitment to delivering economic benefits through the completion of the project. The company’s General Manager, External Relations and Sustainable...

International

As Ramaphosa starts second term, here’s why parliament elects South Africa’s president

Sharon EboesomiJune 20, 20245 min

South Africa’s parliament re-elected Cyril Ramaphosa for a second term as the country’s president with the help of lawmakers from opposition parties. The President of South Africa, Cyril Ramophosa has been re-elected and inaugurated for a second term as South Africa’s president. The inauguration took place on Wednesday, June 19, 2024 in Pretoria with Chief Justice Raymond Zondo leading Ramaphosa’s oath of office ceremony before lawmakers, foreign dignitaries, religious and traditional leaders. “In the presence...

International

Protest in Kenya over proposed tax hikes in finance bill

Sharon EboesomiJune 18, 20244 min

Many protesters against the bill held signs and placards that read, “Do not force the taxes on us,” referring to the President of Kenya, William Ruto as Zakayo, the Swahili name for the biblical tax collector Zacchaeus. Hundreds of Kenyans have gathered in the country’s capital, Nairobi to protest against the Finance Bill 2024. The demonstration, which started on Tuesday, June 18, 2024, about 12:00 p.m, is intended to put pressure on the President of...

Senate

Minimum Wage Bill: NASS is not proposing seizure of states, LG funds – Adaramodu

Sharon EboesomiJune 15, 20243 min

Adaramodu claims that it would be incorrect to presume that the Senate would take a position on a bill that hasn’t been brought before it for consideration. The Senate’s spokesman, Senator Yemi Adaramodu (APC, Ekiti South), has refuted media reports that the Senate is considering including a clause allowing for the seizure of funds from local and state councils in the New Minimum Wage Bill that the Executive is proposing. Adaramodu disclosed this in a...

Senate

10th Senate @ 1: We have passed 25 legislations, 115 Resolutions in One Year – Senate Leader

Sharon EboesomiJune 14, 20247 min

“Only 13 which is 2.73% of the total bills originated from the executive arm while 464 which is 97.27% are private member bills.” The 10th Senate has revealed that as of June 11, 2024, it has recorded at least 477 bills which were initiated since the 10th Senate kicked off its activities precisely on June 13, 2023. This is as it disclosed that of this figure, only 25 bills accounting for 5.24% were fully passed...

RemTrack

Ensure FG’s accountability to fix loopholes in public finances space – Epia

Sharon EboesomiJune 13, 20246 min

According to OrderPaper’s Epia, Nigeria’s debt increased by a startling 585% between 2015 and 2023, from N12.8 trillion to N87.91 trillion. The Executive Director, OrderPaper Advocacy Initiative, Oke Epia, has called on Nigerians to ensure government’s accountability in order to fix and block the loopholes and leakages in the public finances space. This is as he expressed hope that Nigeria’s economy will benefit from the amended Fiscal Responsibility Act (FRA), spurring growth and development. Epia...

FULL TEXT: President Bola Tinubu’s speech on 2024 Democracy Day

Sharon EboesomiJune 12, 202411 min

The President of the Federal Republic of Nigeria, Bola Tinubu addressed the nation on a variety of issues affecting the country. President Bola Tinubu on Wednesday, June 12, 2024, addressed the nation to mark 25 years of uninterrupted democratic governance. Addressing a variety of issues affecting the country, President Tinubu laid out his vision for the future and pledged to implement democracy in the country. He also spoke on the nation’s democratic journey and honoured...

Senate

Plenary Today: Senate silences Ireti over clash with Wike, other top stories

Sharon EboesomiJune 12, 20244 min

The passage of this FCT supplementary bill clearly means that Ireti’s motion might no longer be taken as the Senate has also embarked on a recess. Senate silences Ireti over clash with Wike During the days plenary, on the second order of the day was a report from the Committee on FCT on the 98.5bn FCT Supplementary Appropriation Bill. However, opposing the consideration of this report, embattled Senator Ireti Kingibe (LP, FCT) raised a point...

Senate

Public Procurement Act (Amendment) Bill passes first reading at the Senate

Sharon EboesomiJune 11, 202415 min

Government procurement or as popularly known as Public Procurement in Nigeria is governed by the Public Procurement Act 2007. The Senate has passed for first reading, a bill seeking to amend the Public Procurement Act. The bill was sponsored by Senator Osita Ngwu (PDP, Enugu West) during Tuesday’s plenary. ● What is Public Procurement Public procurement refers to the acquisition of works as well as the purchase by governments and state-owned enterprises of goods and...

International

Binance: U.S senators request investigation into alleged false statements to Congress

Sharon EboesomiJune 7, 20244 min

The Securities and Exchange Commission (SEC) has countered Binance for blatant disregard of the federal securities laws. The United States Senators Chris Van Hollen (D-Md.) and Elizabeth Warren (D-Mass.) have written to Attorney General Merrick Garland asking the Department of Justice (DOJ) to conduct an investigation into allegations that the cryptocurrency exchanges Binance and Binance.US made a number of false statements to Congress. The request of both senators who are also members of the Senate...

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