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Reps direct FG agencies to halt all concession process to allow for detail probe 

“Anything regarding concession should be suspended pending the outcome of everything that we are doing here. This goes to all the agencies.” The House of Representatives has asked all Ministries Departments and Agencies (MDAs) of government to suspend all concession processes they are involved in until its ongoing investigation is concluded. The Joint House Committee on Public Assets and Special Duties, chaired by Rep. Kabir Tukura Ibrahim (APC, Kebbi) gave these directives during its inaugural...

NDIC amendment bill scales second reading in Senate

The bill seeks to amend the Nigeria Deposit Insurance Corporation Act No 63 of 2023 to make the Corporation more effective, safeguard its independence and autonomy and bring it in line with current realities and best practices. The Senate has passed for second reading, a bill seeking to guarantee the autonomy and independence of the Nigeria Deposit Insurance Corporation (NDIC). This followed the presentation of the lead debate on the general principles of the bill...

Senate urges police to recover 36 children trafficked out of FCT

The Senate called on the social department of the FCT to ensure that the registration of orphanages and shelters be properly checked and verified. The Senate has called on the police force to rescue the 36 children who were abducted and believed to be trafficked out of the Federal Capital Territory (FCT). This is as it requested that the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) establish systems to prevent child trafficking...

Urum Kalu Eke rejects Tinubu’s CBN Board appointment

According to Eke, it was as a result of his current job role as a Consultant to the World Bank which was conflicting with the appointment. A nominee for the Central Bank of Nigeria (CBN) Board, Urum Kalu Eke, has rejected the appointment of President Bola Ahmed Tinubu. The nominee’s rejection of the appointment was revealed following the presentation of a report by the Committee on Banking, Insurance and Other Financial Institutions presented by its...

Reps to host National Summit on Food Security and Nutrition 

The current state of food scarcity in Nigeria poses a grave threat to the health and livelihoods of millions of people. The House of Representatives has resolved to urgently convene a National Summit on Food Security and Nutrition in conjunction with the House Committee on Agriculture Production and Service and the Committee on Agriculture College and Institutions to address the current shortage of food and nutrition dangers to find lasting solutions to the food crises...

Reps to investigate frequent collapse of National Grid

Nigeria recorded three national grid collapses in a week recently while the grid collapsed twice within 6 hours on 19 August 2023. The constant collapse of the National Grid in Nigeria has necessitated the House of Representatives to take a massive step in investigating the matter which is of huge national importance. Sequel to a motion sponsored by Rep Billy Osawaru (APC, Edo), the House noted that sustainable energy is essential to any modern economy, and...

BUK to confer honourary doctorate degrees on Deputy Senate President, AfDB President 

The award ceremony is slated for Saturday, March 2, 2024, during the grand finale of the 38th convocation of the university at the New Campus of the institution, Gwarzo Road, Kano The Bayero University Kano (BUK) has concluded arrangements to confer honourary doctorate degrees on the Deputy Senate President (DSP), Senator Barau I. Jibrin (APC, Kano) and the President of the African Development Bank (AfDB), Dr Akinwumi Adesina, in recognition of their contributions to education...

Reps approve N446.34bn budget for FIRS 

According to FIRS boss, agencies such as Customs, NIMASA, NPA and others have no statutory business and core mandate in revenue collection. The House of Representatives Committee on Finance on Wednesday approved the sum of N446.34bn as budgetary allocation for the Federal Inland Revenue Service (FIRS) for the 2024 fiscal year. The budget estimate comprises N177.44bn as personnel cost; N156.45bn as overhead cost and N112.45bn as capital expenditures. The approval was a sequel to the...

Reps accuse Multichoice of alleged tax indebtedness of $342M 

The House mandated an urgent investigation into the non-remittance of tax revenues of about N1.8 trillion by Multichoice with a focus on the suppression of information discovered from their submissions in their home country. The House of Representatives has cautioned potential buyers of Multichoice Nigeria, Multichoice Africa or any other Subsidiaries of the Multichoice Group operating in Nigeria to be aware of the alleged outstanding indebtedness of $342 million tax revenue owed to the Federal...

The majority of the Senators, in their contributions, kicked against Nwoye’s argument because States like Kogi and Lagos States are not covered by NDDC operations. The Senate has rejected a bill seeking to include Anambra State as a member of the Niger Delta Development Commission (NDDC). The bill titled, “A bill for an Act to Amend the Niger Delta Development Commission (NDDC) Act to make provisions for the inclusion of Anambra State as one of...

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