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Senate Archives - Page 22 of 110 - Parliament Reports

Okpebholo: Senate declares Edo central seat vacant

This decision came after Okpebholo made a final visit to the senate chamber to bid farewell to his colleagues, marking the end of his tenure as a senator. The senate has officially declared the Edo central senatorial seat vacant following the inauguration of its former occupant, Monday Okpebholo, as the Governor of Edo State. The announcement was made during Wednesday’s plenary after Senate President Godswill Akpabio read a letter submitted by minority leader, Senator Abba...

Okpebholo delivers emotional farewell, reflects on time in 10th Senate

Addressing his colleagues in an emotional farewell speech, Okpebholo reflected on his journey in the 10th Senate and his transition to the governorship of Edo State. The Senate on Wednesday held a valedictory session for Governor Monday Okpebholo who represented Edo Central in the National Assembly. Okpebholo had made a final visit to the Senate chamber to bid farewell to the 10th Senate, marking the end of his tenure as a senator. Among his entourage...

Nominees for regional DevComs and proposed Bayelsa varsity | SENATE GIST TODAY

During the day’s plenary, President Bola Tinubu submitted a list of nominees to the senate for confirmation. Meanwhile, the Senate also passed two bills for second reading. Nominees for regional development commissions The senate received a request from President Bola Tinubu for the screening and confirmation of nominees for key positions in the South-East Development Commission (SEDC) and North-West Development Commission (NWDC). The request, which included chairpersons, executive directors, managing directors, and board members, was...

Senate advances bill mandating 30% local processing of raw materials

Despite widespread support, Sen. Olalere, expressed concerns about the bill’s feasibility, especially in sectors lacking the capacity for local processing. The senate has passed for second reading, a bill seeking to mandate the domestic processing of at least 30 percent of raw materials before export.  This development came during Tuesday’s plenary session, following the presentation of a proposed amendment to the Raw Materials Research and Development Council Act, aimed at promoting local production and value...

LIFE This Week: Budget presentation, currency scarcity, and abductions

Hopes for 2025 budget presentation, biting currency scarcity and mass abductions are key issues OrderPaper’s Legislative Intelligence Unit predict will engage lawmakers this week This week’s edition of OrderPaper’s Legislative Intelligence Forecast Entry (LIFE) offers a snippet at key legislative activities set to shape Nigeria’s governance and economy as lawmakers return to their chambers. From expected communication on budget presentation to urgent debates on insecurity, currency scarcity and continuesd engagement on the controversial tax bills,...

Senate warns MDAs of zero allocation for skipping hearings

Committee members indicated plans to summon other agencies, including the NNPC and NEITI to address discrepancies in their submissions. The senate, through its finance committee, issued a stern warning on Monday, threatening to withhold 2025 budget allocations for government agencies that fail to appear for scrutiny of their 2024 expenditure records.. This warning came during an investigative hearing focused on internally generated revenue, fiscal accountability, and the overall state of Nigeria’s financial management system. The...

National assembly appoints Andrew Nwoba as senate clerk

The new appointment of Andrew Nwoba as the Clerk of the Senate, takes effect from Wednesday, December 11, 2024. The National Assembly Service Commission (NASC) has announced the appointment of Andrew Nwoba as the new Clerk of the Senate. This was revealed in a press statement issued on Monday, December 9, 2024, by Emmanuel N. Anyigor, the Commission’s Deputy Director of Information. The appointment is set to take effect from December 11, 2024. Nwoba succeeds...

Lithium, gas flares and local content | REMTRACKER

RemTracker this week highlights legislative attention on lithium, gas flares, local content in the oil and gas industry, and the latest update on the south-south development commission.   Close attention to lithium   Rep. Victor Obuzor (PDP, Rivers) proposed a motion in the House of Representatives on Wednesday emphasizing the need to upscale the lithium industry and its value chain as a catalyst for driving energy sufficiency and economic growth. The motion cautions against repeating...

Tremors of tax bills and blackout blues | SENATE GIST TODAY

Today, the senate addressed the country’s frequent grid collapses, electricity blackouts, and other issues centred around tax bills. BLACKOUT: Senate slams GenCos, TCN, and DisCos over grid collapse The Senate has strongly criticised power sector operators, including Generation Companies (GenCos), the Transmission Company of Nigeria (TCN), and Distribution Companies (DisCos), for failing to deliver reliable electricity, asserting that they have added no significant value to the sector. The Senate described the privatization of the power...

BLACKOUT: Senate slams GenCos, TCN, DisCos over grid collapse

Grid collapse aside, Oshiomhole recounted a personal experience of having to purchase a transformer and pay for its installation, only for it to become the property of the distribution company. The senate has strongly criticised power sector operators, including Generation Companies (GenCos), the Transmission Company of Nigeria (TCN), and Distribution Companies (DisCos), for failing to deliver reliable electricity, asserting that they have added no significant value to the sector. The senate described the privatisation of...

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