The Deputy Governor of CBN Corporate Services, Bala Bello expressed remorse for the lack of oversight provided by the CBN’s previous administration and assured lawmakers that the new administration was making every effort to collect unpaid loans. The Senate has announced that should the current leadership of the Central Bank of Nigeria (CBN) fail to offer necessary explanations, it will invite Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), to explain...
Kyari said that President Bola Ahmed Tinubu’s approved distribution of 42,000 metric tonnes of grains is one of the initiatives being implemented to lessen the effects of the hardships in Nigeria. The Minister of Agriculture and Food Security, Abubakar Kyari has disclosed that the Nigerian government has commenced the distribution of 42,000 metric tonnes of grains in some focal points of the state capitals nationwide. This action according to Kyari was a necessity to cushion...
The Senate observed a minute of silence in honour of those military personnel who were murdered horrifically in Okuama Community of Delta State. Senator Ede Dafinone (APC, Delta Central) has requested the Senate to show some concern in handling the situation of the gruesome murder of the 17 Nigerian Army personnel in Okuama Community, Delta State, as he called for compensation to the families of the deceased soldiers whilst investigations are ongoing. Dafinone made this...
Those confirmed for the AMCON board were Gbenga Alade, Adeshola Lamidi, Lucky Adaghe and Dr Aminu Mukhtar Dan’amu. The Senate has confirmed Gbenga Alade as Managing Director of the Asset Management Company of Nigeria, (AMCON). The Senate also confirmed Adeshola Lamidi, Lucky Adaghe and Dr Aminu Mukhtar Dan’amu as Executive Directors of AMCON. The confirmation of these nominees appointed by President Bola Tinubu followed a report by the Chairman of the Senate Committee on Banking,...
NANS proposed a minimum five-year repayment duration, saying that the two-year post-National Youth Service Corp (NYSC) repayment time frame for the loan is unrealistic. To tackle the limitations hindering easy access to the Students Loan Act, the National Association of Nigerian Students (NANS) has condemned the time frame for the repayment of the loan, tagging it as “unrealistic” because less than 10 per cent of Nigerian graduates get absorbed into the labour force upon completion...
Security vote is a monthly allowance used by state governors of the 36 states to fund security services within the states. The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has requested permission from the Senate to include a security vote in the N1.1 trillion in the FCT 2024 budget. Wike made this appeal while defending the budget before the Senate on Monday. OrderPaper recalls that the Senate had passed for a second reading...
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...
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...
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...
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...
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