Akpabio called for patience saying the damages to the economy cannot be solved within a short time. The President of the Senate, Godswill Akpabio, has disclosed that the federal government is unsure of which charges to file against Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), due to the volume of allegations against him. Speaking on Sunday during a Thanksgiving service hosted by Senator Barinada Mpigi (PDP, Rivers South-East), Akpabio attributed...
The Senate had on Wednesday listed the controversial Bill which had passed a third reading in the House of Representatives for concurrence after it passed its first reading in the Senate some weeks ago. There was tension in the National Assembly, following plans by the Senate to give a concurrence to a controversial bill to extend the retirement age for civil servants in Parliament and across the 36 State Houses of Assembly. The bill which...
Akpabio expressed gratitude to the Saudi Arabian government for its Vision 3030, which promotes women’s rights and a significant economic shift in the entertainment and tourism industries. Senate President Godswill Akpabio has appealed to the Government of Saudi Arabia to support Nigeria in its battle against insurgency and trans-border terrorism by exchanging intelligence, assuring that the Nigerian intelligence community is always prepared to collaborate. The call was made by Akpabio on Thursday while receiving a...
Although the lawmakers went into the meeting with many doubts and worry, the security chiefs led by the National Security Adviser (NSA), Nuhu Ribadu, eased their anxieties and won the lawmakers’ confidence, Sources at the meeting have made some disclosures of what had transpired during the closed-door session with the service chiefs, heads of Security agencies, and some Ministers. It was disclosed that the security chiefs led by the National Security Adviser (NSA), Nuhu Ribadu,...
The revised penalties and charges in the new Nigeria Customs Service Act, 2023 will improve the service’s revenue generation. The Senate has approved a total revenue of N5.79 trillion for the Nigeria Customs Service for the 2024 fiscal year. The approval followed the adoption of recommendations of a report of the Committee on Customs, Excise, and Tariffs read by its Chairman, Sen. Isah Jibrin (APC, Kogi East) on Thursday during plenary. Presenting the report, Isah...
Amongst several things, the bill aims to rebuild the road, medical, educational, social, agricultural, and other infrastructures destroyed in the region by the activities of Boko-Haram Insurgents and Bandits. The Senate has passed for second reading, a bill seeking to establish the North West Development Commission (NWDC) to act as a catalyst to develop the arrays of potentials of the North West as well as address the gap in infrastructural development of the region. The...
The Senate bill aims to improve the general welfare of Corp members and NYSC personnel. The Senate has resolved to establish a National Youth Service Trust Fund which would provide sustainable resources of funds for the National Youth Service Corps (NYSC) members. This is as it also plans to train and retrain as well as provide skill acquisition and provide start-up capital for Corp members. These resolutions were sequel to the second reading of a...
President Bola Tinubu had earlier nominated Oladapo for the position and requested the Senate to confirm him. The Senate has confirmed the nomination of Adama Oluwole Oladapo for appointment as Executive Director of the Nigerian Midstream and Downstream Gas Infrastructure Fund Board (NMDGIFB). This resolution on Thursday, February 15, followed the approval of the recommendation of the Committee on Gas and Petroleum Resources (Downstream) that had screened Oladapo, chaired by Senator Agom Jarigbe (PDP, Cross...
Akpabio acknowledged that the country’s economic circumstances were to blame for the manufacturers’ predicament and commended them for their perseverance. The President of the Senate, Godswill Akpabio has pledged the support of the National Assembly for Nigerian manufacturers to make the manufacturing industry flourish. While visiting him in his office on a courtesy call on Wednesday, Akpabio made the promise to the Executive of the Manufacturers Association of Nigeria (MAN). He gave his guests an...
The Nigerian National Petroleum Company Limited (NNPCL) cleared the air on a $3.3billion loan secured for CBN The Chairman of the Federal Inland Revenue Service (FIRS), Zacheus Adedeji has condemned a three-year-old N2.59 trillion Tax Credit Scheme, which was implemented for nationwide road construction by the administration of former President Muhammadu Buhari. This is in response to the Nigerian National Petroleum Company Limited (NNPCL), one of the key Tax Credit Scheme executors, clearing the air...
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