The Senate observed a minute silence for the late Ibrahim and resolved to send a high-powered delegation to pay the family a condolence visit. The Senate on Tuesday, February 6, 2024, expressed sadness over the demise of Senator Bukar Abba Ibrahim who was a former governor of Yobe State. The Senate upon resumption of the day’s plenary immediately went into an executive session for over 3 hours and after reconvening observed a minute silence in...
Where we are as a nation is a much better place than we were on May 29, 2023, according to the Minister of Finance, Wale Edun. The Minister of Finance, Wale Edun; the Minister of Budget and National Planning, Atiku Bagudu; the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso; and, Zacch Adedeji, Chairman, Federal Inland Revenue Service (FIRS) have all assured Nigerians of better days despite high inflation rate. These assurances were...
The Senate postponed the interactive session with the CBN Governor to meet with service chiefs and address security issues facing the country. The Senate Committee on Banking, Insurance, and Other Financial Institutions has postponed its interactive session with the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso till Friday 9th at 9 am. This was announced by the Chairman of the Committee, Senator Adetokunbo Abiru (APC, Lagos East) on Tuesday at the committee...
Reps to feature CBN Governor, FIRS Chair, and Ministers of Finance on the latest edition of its sectoral Debate billed for the financial sector. The House of Representatives is set to hold the second edition of its Sectoral Debates/Dialogue today, 6th February 2024, as part of its periodic Policy Brief Series. The lawmakers have started arriving in preparation for the sectoral debate, although plenary is scheduled to commence at 11 am. This edition of the...
Jibrin says the move to internally generate revenue from the Nigerian Customs is due to Nigeria’s debt crises. The Senate has disclosed its intention to review upwards the N5.079 trillion 2024 revenue target of the Nigeria Customs Service (NCS) from the second half of the year to save the country from further borrowings. This was revealed by the Chairman, Senate Committee on Customs, Isah Jibrin (APC, Kogi East) Monday at a crucial meeting with the...
A Court of Appeal sacked Mwadkwon late last year and mandated a rerun within 90 days. He was also barred from the rerun election. The Independent National Electoral Commission (INEC) has announced Prince Pam Mwadkon Dachungyang as the winner of the bye-election for Plateau North senatorial district. Dachungyang of the Action Democratic Party (ADP) won with 122,442 votes defeating Yakub Muhammad Safiu of the New Nigeria Peoples Party (NNPP) who polled 53,980, Christopher Musa Giwa...
The Pan-African Parliament is mourning the passing of Geingob the late president of Namibia The Pan-African Parliament has expressed rude shock over the passing of the Namibia President, Mr. Hage Gottfried Geingob who died on Sunday. The Acting-President of the Pan-African Parliament, Hon. Dr. Ashebir W. Gayo in a press statement issued on Sunday night said Geingob’s contributions to the continent can not be overemphasised. “It is with a profound sense of loss and deep...
The Senate is set to reconsider the NYSC Trust Fund Bill after failing to get presidential assent on two occasions in the 9th Assembly. OrderPaper had predicted that the National Assembly will upon its resumption, address some urgent National issues including insecurity, and take a decision as to whether the NYSC scheme is to be retained or scrapped considering the increased rates of kidnappings and killings of corp members. However, upon its resumption, both...
Customs revenue was affected by uncertainties and anxiety towards the 2023 elections and suspension of excise on single-use plastics, carbonated drinks, and telecommunications Value Added Tax (VAT). The Nigeria Customs Service (NCS) has blamed the uncertainties of the year 2023, from the elections, cash crunch, Naira re-design, and other factors as responsible for the drastic reduction in its revenue. The Comptroller General (CG) of Nigeria Customs Service, Bashir Adewale Adeniyi stated this at an interactive...
The House of Reps has given the Fire Service 7 days to return the sum of N1.4bn COVID-19 funds to the federation account. The Public Accounts Committee (PAC) of the House of Representatives has ordered the Federal Fire Service (FFS) to refund the sum of N1.484 billion released to it for the COVID-19 intervention fund within Seven days to the federation account. The directive of the PAC on Wednesday was a sequel to the failure...
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