The CSOs have been advocating for an amendment of the FRA 2007 to bring about enduring solutions to the public finance management challenges plaguing the country. The recent resolve by the National Assembly to commence the process of reviewing the Fiscal Responsibility Act (FRA) 2007 has drawn commendation from a cluster of civil society organisations (CSOs) led by OrderPaper Advocacy Initiative and the Growth Initiatives for Fiscal Transparency (GIFT). The amendment is targeted to empower...
The term admission racketeering recently invaded the Nigerian media space, after a report on allegations of the practice was brought before the Senate. Like job racketeering, admission racketeering can simply be described as money for admission. It is a practice or situation, whereby persons particularly, staff of tertiary institutions, demand money from prospective students in exchange for admission. This exchange can also be said to be willing extortion, given that the students, or in some...
Akpabio said he would seek the intervention of the Inter-Parliamentary Union in addressing Nigeria’s ecological issues. The President of the Senate, Godswill Akpabio has urged the Federal Government to use ecological funds to address life-threatening environmental problems. Akpabio also called for tree-planting campaigns across the country, especially in areas worst hit by desert encroachment. Akpabio gave the advice during a meeting between the Senate leadership and representatives of the Ecological Project Office, led by the...
The bill sponsor said the proposed Bitumen Development Commission would promote the economic diversification policy of the Federal Government. The Senate has passed for a second reading, a bill seeking the creation of the Bitumen Development Commission. The bill, titled, “A Bill for an Act to Establish the Bitumen Development Commission of Nigeria and Provide a legal framework for the Promotion of Research, study, investment, exploration, production, exportation; Development and utilisation of locally sourced Bitumen...
The Senate Committee walked out representative of the NNPCL boss, insisting heads of agencies must appear before it. The Senate has threatened to dismiss senior officials of the Nigerian National Petroleum Corporation Limited, (NNPCL), its subsidiaries, and other relevant agencies of government connected to the Turn Around Maintenance (TAM). The threat was issued by the Chairman of the Committee, Senator Isah Jibrin (APC, Kogi East), on Wednesday, following the absence of the Chief Executive Officers...
Active Citizens Engaging the Legislature (ACEs) is an initiative of OrderPaper, Nigeria’s foremost independent parliamentary monitoring organization and policy think tank, conceived to achieve the implementation of its Legislative Accountability and Constituency Engagement (Leg’ACE) Programme. The Active Citizens Engaging the Legislature (ACEs) community has criticised the National Assembly’s decision to purchase luxury Sports Utility Vehicles, SUVs valued at N57.6 billion for the 360 members of the House of Representatives and 109 Senators, describing it as...
The Senate pegged the crude oil benchmark price at $73 per barrel and exchange rate at N700/$1 The Senate has approved the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) ahead of the presentation of the 2024 Budget by President Bola Tinubu. This is as it approved a special intervention (recurrent) of N200 billion, a special intervention (capital) of N7 billion, and an aggregated expenditure of N26 trillion. Other parameters considered...
Nwoko recalled the recent kidnap of 19 persons including his aide in the Galadimawa area of the FCT. The Senate has tasked the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to revisit the $460 million spent by the federal government on closed-circuit televisions (CCTV) project in Abuja. This is as it mandated its committee on Army and Police Affairs to launch an investigation into the issue of kidnapping.. It also called for the...
Senator Abdullahi warned against legislative actions that may compound the already precarious economic situation in the country. The Chairman of the Senate Committee on National Planning and Economic Affairs, Senator Yahaya Abdullahi (APC, Kebbi North) has said that Nigeria is facing the worst economic crisis in the history of its existence. Senator Yahaya asserted this at the joint inaugural meeting of the Senate and House Committees on National Planning held on Wednesday, in the National...
Kyari said NNPCL had not been able to pump oil through the pipeline from Warri to Benin within the last 22 years due to pipeline vandalism. The Nigerian National Petroleum Company Limited (NNPCL) has expressed concern over the rate of vandalism that has occurred on more than 5,000 kilometers of oil pipelines across the country. The Chief Executive Officer (CEO) of the NNPCL, Mele Kyari, who described pipeline vandalism as a national calamity, remarked...
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