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,...
“These military personnel were only responding to a distress call in their service to their fatherland when they were ambushed and killed on Thursday.” The House of Representatives, on Tuesday, condemned the gruesome murder of 17 military officers in Okuama, Delta State, as it observed a minute silence for the soul of the military personnel killed in the horrendous incident. The lawmakers further tasked the armed forces to conduct a thorough and wholesome investigation into...
Our reporter observed that power was out for between 20 seconds to a minute at each of the disruption. The House of Representatives plenary session was characterized by occasional power interruption during Tuesday’s plenary session. It became a call for concern that as serious legislative engagements were ongoing, lawmakers had to pause due to the power outage which happened 10 times. Our reporter observed that power was out between 20 seconds to a minute at...
The Senate has expressed sadness over the gruesome killings of 15 personnel of the Nigerian Army by armed groups. The Senate has endorsed the directive by President Bola Ahmed Tinubu to the Nigerian Armed Forces and military high command to uncover the perpetrators of the brutal killings of military officers in Delta State as it condemned the atrocious act as the epitome of barbarism and heinous crime. The Senate conveyed its stance in a statement...
NCC has announced that voice, data services have now been restored to approximately 90% of their peak utilization capacities. The Nigerian Communications Commission (NCC) says voice and data services affected by undersea cable cuts along the Cote d’Ivoire and Senegal coasts have been restored. Reuben Muoka, NCC Director of Public Affairs in a statement issued on Monday, said that services have now been restored to approximately 90% of their peak utilization capacities. “Following the...
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...
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