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House committee warns Central Bank of Nigeria (CBN) that maintaining high interest rates aimed at curbing inflation may backfire  The House of Representatives Committee on National Planning and Economic Development has cautioned the Central Bank of Nigeria (CBN) against the unintended consequences of maintaining high interest rates aimed at curbing inflation. Chairman of the Committee, Rep. Gboyega Nasiru (APC-Ogun), issued the caution on Wednesday in Abuja during a meeting with the Statistician-General of the Federation...

The second reading of a bill seeking for rotation of offices of President and Vice President among the six regions in Nigeria has been rejected along side other constitution alteration bills The House of Representatives on Tuesday witnessed heated debate and division over a constitutional amendment bill proposing the rotation of the offices of the President and Vice President among Nigeria’s six geo-political zones. The bill, titled “A Bill for an Act to Alter the...

At the inaugural National Policy dialogue on legislative agenda, Deputy Speaker Kalu revealed  that 1,059 bills have been considered in the 10th House since June 2023 Deputy Speaker of the House of Representatives, Rep. Benjamin Kalu (APC Abia), has revealed that no fewer than 1,059 bills have been presented on the floor of the House of Representatives since inauguration in June 2023. The deputy speaker stated this on Monday at the inaugural National Policy Dialogue...

Governors Hyacinth Alia of Benue State and Dauda Lawal of Zamfara State failed to honour summons by House Committee on Public Petitions Governors Hyacinth Alia of Benue State and Dauda Lawal of Zamfara State on Thursday failed to honour a summons issued by the House of Representatives Committee on Public Petitions. Parliament Reports recalls that the committee summoned both governors and their state assembly leadership following the petition brought before the House on March 27,...

The House of Representatives has advanced a bill seeking to repeal NEMA Act to better tackle critical  emergency issues The House of Representatives has passed for second reading a bill seeking to give more power to the National Emergency Management Agency (NEMA) to address critical emergency issues in Nigeria. The bill seeks to give power to the agency on critical issues such as climate change adaptation, drought, desertification, flooding, coastal erosion, dam failure, building collapse,...