House of Representatives Archives - Page 45 of 142

Reps approve N1400 per dollar as exchange rate for 2025 budget

Leah TwakiNovember 27, 20242 min

In approving the 2025–2027 MTEF/FSP, representatives pegged the exchange rate at N1400 per US dollar, $75 oil benchmark and 2.06 million barrels of production per day. The House of Representatives has approved the recommendations of its joint committees on finance, national planning, and economic development on the 2025–2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The approval came after the committee on supply considered the report presented by Rep. James Abiodun Faleke...

House of Representatives

Reps seek regulation of POS operators, KYC for users

Leah TwakiNovember 27, 20242 min

The Central Bank of Nigeria (CBN) governor, MDs of commercial banks and other financial institutions have been tasked on POS operations The House of Representatives has called for immediate measures to address the challenges posed by undocumented identities in Point of Sale (POS) transactions in Nigeria. This is as it mandated its committees on digital and electronic banking, finance, banking regulations, and financial crimes to invite the governor of the Central Bank of Nigeria (CBN),...

House of Representatives Parliamentary Resources

15 years imprisonment for illegal organ harvesting as Reps advance bill

Leah TwakiNovember 27, 20245 min

A person found guilty of engaging in organ trafficking faces a minimum sentence of 15 years imprisonment A bill aimed at prohibiting and penalizing organ trafficking in Nigeria has advanced in the House of Representatives. Sponsored by Rep. Fuad Kayode Laguda (APC, Lagos), the proposed legislation passed its second reading on Tuesday, marking a significant step toward addressing a long-standing issue in Nigeria and globally. Key Provisions of the Bill The bill seeks to amend...

House of Representatives

Livestock can boost Nigeria’s economy by N33tr – Minister

Elizabeth AtimeNovember 27, 20242 min

The minister of livestock development assured that the sector has the capacity of generating N33 trillion to boost the economy. The minister of livestock development, Idi Maiha, has stated that Nigeria’s livestock sector has the potential to boost the economy by N33 trillion if properly developed and harnessed. Maiha made this remark during an interactive session with the House of Representatives committee on livestock development on Tuesday. According to the minister, unlocking the sector’s potential...

House of Representatives

Colours of GBV, plaudits for Bago and vernacular in schools | HOUSE GIST TODAY

Leah TwakiNovember 27, 20245 min

It was a colourful plenary on Tuesday as members wore orange mufflers in solidarity with campaigners against Gender-Based Violence (GBV). Here are highlights of how it went down in the House today Reps in orange mufflers in activism against GBV Members of the House of Representative wore orange mufflers in solidarity with women in commemoration of the 16 days activism against Gender based Violence (GBV). Coming under order 8 rule 6 to offer personal explanation,...

House of Representatives

Nigeria can’t fix housing deficit without data – Reps

Leah TwakiNovember 26, 20242 min

The House of Representatives recognises that locally acquired data is required to fix Nigeria’s housing deficit and has tasked its committees accordingly

House of Representatives Senate

Immigration under fire as NASS queries passport revenue allocation

Sharon EboesomiNovember 26, 20242 min

Sen. Musa described the partnership arrangement for passport production as unjust and unacceptable and called for a thorough review The national assembly has strongly condemned the unjust Public-Private-Partnership (PPP) arrangement of passport production by the Nigerian Immigration Service (NIS). This is as it criticised the agreement, which allocates 70 percent of proceeds to consultancy firms and only 30 percent to the government, thereby short-changing the country and its citizens. The agency came under fire on...

House of Representatives LIFE Service Parliamentary Resources Senate

LIFE This Week: 2025 budget, Simon Ekpa and social investment reform

NewsroomNovember 26, 20245 min

As lawmakers return to plenary this week, OrderPaper’s Legislative Intelligence Unit forecasts that discussions around the 2025 budget, the arrest of IPOB leader Simon Ekpa in Finland, and President Tinubu’s bill on social investment will be key issues for consideration. As lawmakers return to plenary at the National Assembly this week, the nation looks to them to address pressing issues of governance, economic reforms, and societal welfare. With a packed legislative agenda, the coming days...

House of Representatives Senate

Tinubu government defends borrowing despite surpassing revenue targets

Sharon EboesomiNovember 26, 20245 min

The impressive revenues generated in 2024 raised questions among lawmakers, who queried the government’s continued borrowing There was mild confusion at the National Assembly on Monday over the federal government’s continued borrowing despite the fact that revenue generating agencies have exceeded their targets for the fiscal year 2024. This happened during an interactive session by the joint national assembly committees on finance, national planning and economic affairs on the 2025-2027 Medium Term Expenditure Framework...

House of Representatives Senate

NASS fumes as MDAs default on compliance with resolutions

Sharon EboesomiNovember 25, 20246 min

Data gathered by OrderPaper reveals that only 15 percent of MDAs have complied with Senate resolutions, while the House of Representatives recorded an even lower compliance rate of 5 percent. The National Assembly (NASS) has expressed displeasure with and warned Ministries, Departments, and Agencies (MDAs) of the federal government against non-compliance with resolutions from plenary of the Senate and House of Representatives. Chairman of the Senate Committee on Legislative Compliance, Sen. Garba Maidoki (PDP, Kebbi...

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