In solidarity with NLC, PASAN issued a directive to its members to remain at home even as it locked all entry points to the National Assembly complex. The Parliamentary Staff Association of Nigeria (PASAN) had locked all entry gates into the National Assembly complex in solidarity with the main union body, the Nigeria Labour Congress (NLC) as it commenced a nationwide strike on Monday. Lawmakers, their aides, staff of the National Assembly, and journalists are...
Bamidele said diaspora voting is about ensuring greater inclusion in the country’s electoral process. The Leader of the Senate, Senator Opeyemi Bamidele has informed that the Senate will this week, commence consideration of diaspora’s voting rights as part of its ongoing review of the 1999 constitution (as amended. Bamidele revealed this during a virtual diaspora dialogue organised by the Directorate of Diaspora and International Affairs, Office of the Senate Leader in collaboration with Engage Diaspora...
As the Senate continues its interface with Ministers and Heads of Federal Government agencies on the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) this week, OrdePaper’s Legislative Intelligence Forecast (LIFE) Service, by Kauthar Anumba Khaleel, gives a glimpse of other actions to be taken by both chambers of the National Assembly. IN THE SENATE The Senate Committees on Tertiary Institutions and TETFUND, Ethics, Privileges, and Public Petitions will commence its investigation...
The enactment of the student loan law is a unique initiative that provides students from low-income families access to higher education through interest-free loans and the financial flexibility it offers. Here are key provisions and consequential implications of the law On the 12th of June, 2023, the Access to Higher Education Bill, popularly known as the students loans scheme, was passed into law with the assent of President Bola Ahmed Tinubu. The Act aims...
The lawmakers reiterated the commitment of the 10th House to strengthen and deepen the country’s electoral process and serve as a deterrent against electoral malpractices. The House of Representatives has called on the electorate in Bayelsa, Imo, and Kogi States to come out en masse and participate in the November 11, 2023 Gubernatorial Elections. The call is contained in a statement jointly signed by the Chairmen of the House Committees on Electoral Matters and the...
The Apex Bank reiterated that all denominations of banknotes issued by it remain legal tender. The Central Bank of Nigeria (CBN) has directed all its branches across the country to continue with the issuance of different denominations of old and redesigned banknotes in adequate quantities to deposit money banks (DMBs) for onward circulation to bank customers. The CBN also insisted that all banknotes issued by it remain legal tender. This was contained in a statement...
The amendment bill seeks to address critical aspects of the Act to enhance the effectiveness, transparency, and accountability of the CBN and its operations. A Bill seeking to mandate the Central Bank of Nigeria to issue at least, a one-year notice before altering banknotes, and calling in old notes has scaled second reading in the House of Representatives. The bill mandates that the CBN prioritise public interest when implementing a cash swap policy. Titled; “A...
Senator Daniel said active community participation in the planning and execution of constituency projects is key. Senator Gbenga Daniel (APC, Ogun East) has identified the high turnover rate of legislators as one of the factors responsible for the poor implementation of Zonal Intervention Projects (ZIP), also known as constituency projects around the country. This is even as he stressed the need to educate citizens on the importance of reporting any irregularities related to constituency projects,...
The committee turned away the Director, Finance and Account of the Industrial Training Fund, Ms. Attah Sophia, and insisted the Director-General of the institute attend in person. The House of Representatives Committee on Finance has called on President Bola Ahmed Tinubu to prevail on heads of Ministries, Department, and Agencies (MDAs) to appear before it to defend the Medium Term Expenditure FrameWork and Fiscal Strategy Paper (MTEF/FSP) in defense of their respective budget for passage....
Akpabio noted that the 2024-2026 MTEF/FSP is being examined at a time when Nigeria is experiencing severe financial and socioeconomic pressure from most development indices. The President of the Senate, Godswill Akpabio has called on President Bola Tinubu to sack heads of Ministries, Departments, and Agencies (MDAs) who shunned the public hearing of the 2024 – 2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). Akpabio made the call while speaking at the...
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