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Senate Archives - Page 36 of 110 - Parliament Reports

NNPCL chief, Mele Kyari, decries allegations of economic sabotage

‘We are not criminals and we are not thieves’ Mele Kyari defends self and NNPC at senate investigative hearing  The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Ltd (NNPCL), Mele Kyari, has expressed his frustration over attacks on him and NNPCL personnel regarding the alleged importation of substandard petroleum products into Nigeria. Kyari made these remarks on Wednesday during his appearance before a senate ad-hoc committee led by Sen. Opeyemi Bamidele,...

Wike, Ireti trade words over protest allegations

The war between the duo seems to know no end as Ireti slams Wike over allegations of sponsoring anti-government protests. Senator Ireti Kingibe (LP, FCT) has slammed the Minister of the Federal Capital Territory (FCT), Nyesom Wike, for claiming that security agencies have identified a senator as one of the sponsors of the anti-government protests. Senator Kingibe took to her X handle early on Friday to respond to the claims and warned that she will...

Another amendment to 2024 budget, protest appeal | SENATE GIST

Appeal to protesters to halt action, another amendment to the 2024 budget and an increase in CBN’s lending to the government are the issues addressed in the Senate yesterday Senate makes another amendment on 2024 appropriation  The senate has passed a bill seeking to amend the long title and certain other clauses of the 2024 appropriation law.  In a lead debate, leader of the senate, Sen. Opeyemi Bamidele (APC, Ekiti Central) noted that after critical...

Ways and Means: NASS increases CBN’s advances to FG to 10%

Despite objection by some lawmakers in the House of Representatives, both the Senate and House okayed a raise to 10% in Ways and Means by the CBN to Federal government  The House of Representatives and Senate has both resolved to increase the Central Bank of Nigeria (CBN)’s advances to the Federal Government from five percent to a maximum of ten percent. This was a major outcome of the emergency plenary session held on Wednesday by...

Give Tinubu more time – Senate to protesters

The Senate assured that the government has commenced executing measures to meet the demands of the protesters The Senate has appealed to organisers of the proposed #Endbadgovernance protests slated to commence tomorrow Thursday, August 1, to give President Bola Tinubu more time to allow his policies to yield desired results. This appeal was made during Wednesday’s emergency plenary sittings following an executive/closed-door session of the Senate which lasted for over an hour and 30 minutes....

OBITUARY: 10 things to know about late Senator Ifeanyi Ubah

In September 2022, gunmen ambushed Senator Ubah’s convoy in Enugwu-Ukwu, Anambra State, while he was travelling to Nnewi. At least five people were killed, including two police officers. Ubah had survived because the car he was travelling in was bulletproof. Senator Ifeanyi Ubah, the Senator representing Anambra South under the platform of the All Progressives Congress (APC) died on Friday, July 26, 2024 in London. The business mogul and politician had departed Nigeria for the...

Shock as Senator Ifeanyi Ubah dies in London

Only little information was received about his death but it was learned that Ubah died in a hotel in London, the United Kingdom. He had left for London two days ago. The Senator representing Anambra South under the platform of the All Progressives Congress (APC), Senator Ifeanyi Ubah, is dead. Before joining politics, the late legislator was a wealthy businessman and the owner of Capital Oil. At the time of filing this report, only little...

Natasha apology plus bills on elderly, youth and fistula care | GESI Tracker

This week’s Gender Equality and Social Inclusion (GESI) tracker highlights three pivotal initiatives on elderly care, youth welfare and fistula treatment introduced in the House of Representatives, while Sen. Natasha gets an apology from Akpabio over his derogatory nightclub comment  Commission coming for the elderly A bill for the establishment of a national commission for elderly persons was brought to the House of Representatives this week. According to Country meters, approximately 3.1% of Nigeria’s population...

Senate raises windfall tax to 70% in passing finance bill

The Senate warned that any bank that withholds its tax would be liable to pay 10% in addition to what they ought to have paid. The Senate has passed the Finance Act (Amendment) Bill, 2024 and increased the windfall levy on banks’ foreign exchange revaluation gains from 50% as proposed by President Bola Tinubu to 70%. This followed the consideration and adoption of the report of the senate committee on finance presented by its Chairman,...

Senate summons petroleum minister, NNPCL, CBN, NPA, others over alleged economic sabotage⁩

Members of the committee vowed to unravel the rot in the petroleum sector and declared that it will no longer be business as usual. The Senate through its ad-hoc committee mandated to investigate alleged economic sabotage in the Nigerian petroleum industry, has summoned various stakeholders in the sector  for interrogation. The 15-memeber committee led by the leader of the Senate, Senator Opeyemi Bamidele  (APC, Ekiti Central), confirmed this while speaking to journalists on Thursday at...

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