House of Representatives Archives - Page 93 of 149 - Parliament Reports

In the proposed Electoral Act, Rep Waive proposes heavy sanctions and fines against persons who file frivolous election petitions in the courts in a bid to delay proceedings. The House of Representatives has proposed an amendment in the Electoral Act 2022 to make provisions for heavy sanctions and fines against persons who file frivolous election petitions in the courts in a bid to delay proceedings. The lawmakers, in a bid to cut expenses in the...

NIMC seems to have delayed the issuance of identity cards to Nigerians despite the government’s huge resources invested in the commission. The House of Representatives has mandated the Committee on Population and Anti-Corruption to invite the Hon. Minister of Communications, Innovation and Digital Economy and the Director-General of the National Identity Card Management Commission (NIMC) to ascertain the delay on the release of National Identity Cards from 2012 to date. This resolution was sequel to...

Lawmakers in the House of Reps have mandated the Committees on Banking Regulations and Banking Institutions to query financial institutions over the hoarding of forex. The House of Representatives, on Wednesday, mandated the House Committees on Banking Regulations and Banking Institutions to conduct a probe into the suspected non-compliance by banks and financial institutions to the directives of the Central Bank of Nigeria (CBN) on the Net Open Position Limits (NOPL). This decision was sequel...

Reps have called on President Tinubu to act due to the poor living conditions of Nigerians and called for urgent intervention over the high cost of commodities The House of Representatives on Tuesday called for immediate action by President Bola Ahmed Tinubu over the poor living conditions of Nigerians and called for urgent intervention by the government. OrderPaper recalls that President Tinubu in his 2024 New Year message on 1st January assured Nigerians of better...

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...

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...

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...

Reps set December 2025 for a new constitution as the review would be the sixth time that the National Assembly would embark on the amendment of the nation’s constitution. The House of Representatives Constitution Review Committee has said they will be delivering a new constitution to Nigerians by December 2025. The Committee chaired by the Deputy Speaker of the House, Rep. Benjamin Kalu (APC, Abia) stated this on Wednesday during their pre-inaugural meeting in Abuja...

The House Public Accounts Committee (PAC) has slammed the Nigeria Customs Service over the non-submission of audited financial statements. The House of Representatives Public Account Committee has queried the Nigeria Customs Service (NCS) over its failure to submit audited financial statements for the  2016, 2017, and 2018 financial years to the Auditor General of the federation. At an investigative hearing on Tuesday, January 30, the committee criticised the NCS for withholding its financial statements for...