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Senate issues seven-day ultimatum to Finance Minister over N100bn gas project

The Senate made this request in response to the PCNG’s plans to release an additional N130 billion to an unidentified number of companies. The Finance Minister, Wale Edun, has been given a seven-day ultimatum by the Senate Committee on Gas to present a detailed account regarding the award and payment of over N100 billion to companies managing the Presidential Compressed Natural Gas projects, which are purportedly executed in violation of the Public Procurement Act of...

CBN Relocation: Ndume clears air, urges apex bank to focus on monetary stability, inflation

Ndume said he doesn’t speak for the North, nor Northern senators, but in the interest of Nigerians and President Tinubu who he has enormous respect for. Senator Mohammed Ali Ndume (APC, Borno South), has stated that he has no resentment for opposing the move by the Central Bank of Nigeria (CBN) to relocate some of its units from the Abuja headquarters to Lagos State as his intervention was based on reality and the irrelevance of...

Reps oppose NAFDAC over ban on sachet alcohol drinks

The proposed ban by NAFDAC on sachet alcohol drinks runs contrary to the spirit and letter of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), and runs against the Economic Recovery Plan of the current administration. The House of Representatives has frowned at the ban on sachets alcoholic drinks by the National Agency for Food and Drug Administration and Control (NAFDAC) and therefore resolved to investigate the basis and circumstances surrounding the...

The NCDMB members who were present at the interactive session urged the Senate Committee on Local Content to inquire from the oil companies to explain their extractive business approach without providing manufacturing content. The Senate has taken a stand against the extractive operating models used by Chevron, Exxon, and other oil companies in Nigeria, which do not include manufacturing content as is the case in other countries. This action was taken by the Senate Committee...

Reps summon Wike, Ribadu others over insecurity in FCT

Reps, worried about insecurity in FCT have mandated the heads of all Security Agencies to urgently collaborate and set up special units to clamp down on criminals The House of Representatives on Wednesday agreed to invite the Minister of the Federal Capital Territory, Nyesome Wike, the National Security Adviser, Nuhu Ribadu, and heads of all Security Agencies for an emergency security briefing and strategy on how to curb the insecurity in Abuja. The lawmakers also...

Electoral act: Reps propose stiffer punishment for frivolous election petitioners 

In the proposed Electoral Act, Rep Waive proposes heavy sanctions and fines against persons who file frivolous election petitions in the courts in a bid to delay proceedings. The House of Representatives has proposed an amendment in the Electoral Act 2022 to make provisions for heavy sanctions and fines against persons who file frivolous election petitions in the courts in a bid to delay proceedings. The lawmakers, in a bid to cut expenses in the...

Reps to investigate NIMC over delay in issuing identity card to Nigerians

NIMC seems to have delayed the issuance of identity cards to Nigerians despite the government’s huge resources invested in the commission. The House of Representatives has mandated the Committee on Population and Anti-Corruption to invite the Hon. Minister of Communications, Innovation and Digital Economy and the Director-General of the National Identity Card Management Commission (NIMC) to ascertain the delay on the release of National Identity Cards from 2012 to date. This resolution was sequel to...

Reps query financial institutions over hoarding of forex 

Lawmakers in the House of Reps have mandated the Committees on Banking Regulations and Banking Institutions to query financial institutions over the hoarding of forex. The House of Representatives, on Wednesday, mandated the House Committees on Banking Regulations and Banking Institutions to conduct a probe into the suspected non-compliance by banks and financial institutions to the directives of the Central Bank of Nigeria (CBN) on the Net Open Position Limits (NOPL). This decision was sequel...

Service Chiefs to return as Senate adjourn interactive session

The Senate adjourned the session with the Service Chiefs so it could invite other officials to be present at the next interactive session The Senate has adjourned its interactive session with the service chiefs on insecurity to February 13, 2024, to ensure other relevant parties are present. The security chiefs had appeared before the Senate to address the rising insecurity in the country but the decision to invite other relevant parties resulted in the Senate...

Reps urge Tinubu to act as living condition worsens

Reps have called on President Tinubu to act due to the poor living conditions of Nigerians and called for urgent intervention over the high cost of commodities The House of Representatives on Tuesday called for immediate action by President Bola Ahmed Tinubu over the poor living conditions of Nigerians and called for urgent intervention by the government. OrderPaper recalls that President Tinubu in his 2024 New Year message on 1st January assured Nigerians of better...

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