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Senate moves to increase bank’s authourised capitalisation to N1trn 

The Senate proposed a 6-year single term for CBN governors and a one-year notice for the replacement of existing banknotes. The Senate has passed for second reading a bill seeking some amendments to the Central Bank of Nigeria (CBN) Act, including a proposal to increase the Bank’s authorised capital to N1 trillion.  The bill also seeks to ensure that the Apex Bank gives a notice of at least one year to replace the existing legal...

Reps halt implementation of revised guidelines for verification of nurses, midwives

The revised guidelines for verification of nurses and midwives issued by the Nursing and Midwifery Council of Nigeria was scheduled to take effect from March 1, 2024. The House of Representatives on Tuesday urged the Nursing and Midwifery Council of Nigeria not to implement the Revised Guidelines for verification of certificates for nurses and directed the Committees on Health Institutions and Legislative Compliance to investigate the controversy surrounding the Revised Guidelines and report to the...

Orosanye Report: Reps PAC chairman hail Tinubu on decision to implement document

The commendation comes as President Tinubu revealed his decision to implement the Orosanye report and tackle one of the major drains on public funds. The Chairman, Public Accounts Committee (PAC) of the House of Representatives, Rep. Bamidele Salam (PDP, Osun) has hailed President Bola Tinubu for his courage in addressing a significant issue plaguing public finance and urged similar action on the 2014 Confab Report. The commendation comes in the wake of President Tinubu’s decisive actions...

Ajaokuta Steel Company: Senate sets to investigate circumstances in re-concession of NIOMCO

Natasha said the investigation should uncover the circumstances that led to the re-concession of NIOMCO, as the initial concession agreement was validly terminated by the Yar’adua administration. The Senate has set up an Ad-hoc Committee to investigate the affairs of Ajaokuta Steel Company Limited and the National Iron Ore Mining Company (NIOMCO) in Kogi State between 2008 to date and to find out the circumstances that led to the re- concession of NIOMCO. This is...

NLC storms NASS in protest against hardship

People at the protest were seen holding placards lamenting the economic situation in the country as they chanted “Hunger dey,” “Bring back subsidy.” The Nigeria Labour Congress (NLC) on Tuesday stormed the National Assembly in a Nationwide protest scheduled for February 27 and 28 over the high cost of living in the country. The protesters were seen holding placards lamenting the economic situation in the country as they chanted “Hunger dey,” “Bring back subsidy.” The...

House of Reps: Top Bills and Motions for the week

OrderPaper presents the top bills and motions that are scheduled for discussion on the floor of the House of Representatives this week. Shaping policies that define our collective future is a task judiciously handled by the House of Representatives. With each passing week, lawmakers embark on a journey of deliberation, collaboration, and decision-making aimed at addressing the most pressing issues facing our society. Join us as we delve into the heart of the legislative agenda,...

LIFE SERVICE: NASS to focus on constitution amendment and Socioeconomic challenges this week

From constitution amendment bills to the inclusion of Anambra state as an oil-producing state, lawmakers are poised to have robust discussions and dissenting views. In the bustling corridors of the National Assembly, this week promises to be a pivotal one as several crucial bills vie for attention. From constitutional amendment bills to the inclusion of Anambra state as an oil-producing state, lawmakers are poised to have robust discussions and dissenting views. As the nation grapples...

OrderPaper LIFE predictions proven accurate as National Assembly tackles key issues

OrderPaper in its recent LIFE article predicted that the State Police Bill, expanding the powers of the FCT Area courts and protests in major cities due to rising food costs and a return of fuel queues due to strikes by unions would be core issues before the National Assembly this past week. Find out how accurate the predictions were. In a striking validation of predictive analysis, OrderPaper’s Legislative Intelligence Forecast Entry (LIFE) has once again...

Capacity strengthening on fiscal reforms able to reposition our country – Deputy Speaker Kalu

“It is imperative to recognize the effects that fiscal reforms can have on our nation. Our collective commitment to encouraging transparency fostering accountability, and responsible governance is why we are here today.” Deputy Speaker of the House of Representatives, Rep. Benjamin Kalu (APC, Abia) has stressed the need for lawmakers to consistently engage in capacity development concerning fiscal reforms and debt management to be abreast with global best practices to reposition the country’s financial sector....

Speaker Abbas tasks constitution review Committee to prioritise gender bills

“I urge you to review the issue of additional or reserved seats for women across legislative bodies, twinning in joint tickets and conferring citizenship on foreigners married to Nigerian women,” he said. The Speaker of the House of Representatives, Rep. Tajudeen Abbas (APC, Kaduna) has tasked the 43-member House Committee on Constitution Review to reconsider some of the gender bills that were rejected in the 9th assembly, notably the bill on the creation of extra-legislative...

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