“The Committee will be forced to recommend to the House to arrest Binance executives since they have failed to appear before it,” The Financial Crimes Committee of the House of Representatives has called for the immediate arrest of top executives of Binance Holdings Limited following their failure to appear for the public hearing organised by the panel. The directive was given following the non-appearance of the company which has been accused of a series of...
As the National Assembly convenes for its upcoming sessions, this LIFE Service presents several pressing issues that are expected to dominate discussions and legislative considerations. The upcoming sessions of the National Assembly are expected to address a range of pressing issues that reflect the current challenges facing the nation. This Legislative Intelligence Forecast Entry (LIFE) outlines key topics likely to be on the agenda, drawing upon recent developments and ongoing challenges facing the nation. From...
Here’s a closer look at how the LIFE predictions proved their mettle by accurately predicting key discussions and decisions during the past week’s session. In legislative affairs, foresight is a coveted skill. As legislative processes unfold, the ability to anticipate discussions and decisions becomes invaluable. In the Nigerian context, where the National Assembly serves as the crucible of policy formation and amendment, predicting its agenda requires astute observation and analysis. In the past week’s plenary...
The budget office will ensure to scrutinise budget estimates of the executive and monitor the implementation of annual budget estimates. The Senate has passed for a second reading a Bill seeking to establish the National Assembly Budget and Research Office (NABRO). The bill titled, “A Bill for an Act to establish the National Assembly Budget and Research Office which provides the National Assembly with objective, timely and non-partisan analysis needed for economic and budget decisions...
The House has assured Nigerians of an amended constitution to be transmitted to the President for assent by August 2025 by the two chambers of the National Assembly. The chairman of the Constitution Review Committee in the House of Representatives, Deputy Speaker Rep. Benjamin Kalu has slated August 2025 as the deadline for the amended 1999 Constitution of the Federal Republic of Nigeria to be presented to President Bola Ahmed Tinubu for assent. Kalu disclosed...
The controversial bill had faced several setbacks in the 8th and 9th Assemblies before its eventually passage. The Senate has finally agreed to extend the retirement age of civil servants working in the National Assembly. The bill, which has been passed by the House of Representatives seeks to increase the retirement age to 65 years or 40 years of service, whichever comes first as against the current law that prescribes 60 years of age or...
If the UTME registration is not extended, many candidates and students will be deterred from participating in the examination. To encourage and increase the participation of candidates for this year’s Unified Tertiary Matriculation Examination (UTME), the House of Representatives is considering extending the registration by two weeks. Rep. Bello Shinkafi (APC Zamfara) pushed for this when he moved a motion on matters of national importance on the need to extend the registration of the exams...
The Speaker decried the food crisis rocking Nigeria exacerbated by climate change, rising inflation, and pervasive insecurity saying the role of the Committee was very crucial. The Minister of Budget and Economic Planning, Atiku Bagudu, on Thursday, restated the government’s commitment to put in place measures that will ensure adequate nutrition and food security for Nigerians. The Minister gave the assurance when he appeared before the House of Representatives Committee on Nutrition and Food Security...
The challenges faced by Nigerians in the diaspora that necessitated the establishment of NIDCOMÂ remain unresolved and have worsened. The House of Representatives on Thursday tasked President Bola Tinubu to give effect to the provisions of Section 2 (1) of the NIDCOM Establishment Act, 2017 by constituting the Board of the Nigerians in Diaspora Commission (NIDCOM). The House also asked the President to inaugurate the Board after their confirmation and charge it to immediately address...
24 hours prior to Senator Isah’s proposal, he and Senator Tony Nwoye engaged in a contentious dispute concerning the satus of Kogi state as an oil-producing state receiving 13% of its revenue. The Senate has affirmed Kogi State as an oil producing state receiving 13% derivation as stipulated for by section 162(2) of the 1999 Constitution (as amended). Affirmation of Kogi as an oil producing state receiving 13% derivation by the Senate was sequel to...
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