Rep, Soli noted CBN’s decision to lift the forex ban will affect local production of rice, cement, and palm oil among others. The House of Representatives has summoned the Governor of Central Bank (CBN), Olayemi Cardoso, over his decision to lift the forex ban on 43 items. The House decision was a sequel to a motion of urgent public importance, moved by Rep. Sada Soli (APC, Katsina) at plenary on Tuesday. Recall that the...
This week, OrderPaper’s Legislative Intelligence Forecast (LIFE) Service by Kauthar Anumba Khaleel, highlights issues to be attended by both chambers of the National Assembly. The National Assembly is expected to take receipt of the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for consideration and passage. The MTEF and FSP set out the Federal Government’s economic, fiscal, and monetary objectives ahead of the 2024 budget presentation, and as required under the Fiscal...
Controversy has trailed the proposed legislation seeking to extend the retirement age since it was first introduced. The House of Representatives has passed for second reading, a bill seeking to increase the retirement age of National Assembly staff to 65 years or 40 years of service, whichever comes first. The bill, which is sponsored by the Deputy Minority Leader, Rep. Aliyu Madaki (NNPP, Kano) is titled: “A Bill For an Act to Make Provisions for...
Karimi said the decision to purchase the luxury vehicles was based on the condition of Nigerian roads and durability. Despite the economic difficulties in Nigeria and the criticism from the public, the lawmaker representing Kogi West Senatorial District, Senator Karimi Sunday, has defended the ongoing procurement of luxury cars by the management of the National Assembly for lawmakers. Briefing journalists at the National Assembly on Tuesday, Karimi said that the leadership of both chambers of...
The acronym MTEF may sound technical, and many citizens tend to ignore it. But it should not be so because the document lies at the heart of the annual budget, which determines how better or worse our lives get as Nigerians You must have heard and read about MTEF in the last few days. That is if you keep up with the news aside from gossip, entertainment, and sports, etc. This week, at OrderPaper Nigeria,...
The motion sponsor bemoaned the slow response of security agencies to the robbery attacks. The Senate has called for an immediate investigation by the police and other security agencies into the attacks on banks in Benue State. This followed a matter of urgent importance raised by the lawmaker representing Benue North Senatorial District, Senator Abba Moro, on Tuesday during plenary, citing the lack of intelligence and policing as the reason for the robbery attacks that...
Senators expressed outrage over the humongous amounts spent on various turn around maintenance on the refineries with loss, inefficiency and corruption to show as results. The Senate has mandated its committee on Downstream Petroleum in collaboration with relevant ad-hoc committees to thoroughly investigate all contracts awarded for the rehabilitation of all the state-owned refineries between 2010 and 2023. It also directed the committee to ascertain progress on ongoing works in all refineries to forestall...
The House released a six-point legislative agenda to drive progress, inclusivity, and human capital development. The House of Representatives Ad-hoc Committee on Legislative Agenda has presented the report on its Legislative Agenda to the House for consideration and adoption. Presenting the report at the resumption of plenary on Tuesday, the chairman of the Committee, Rep. Julius Ihonvbere said, “That the House do receive the Report of the Ad-hoc Committee on Legislative Agenda of the House...
Prof. Jega said taking the President of the power to appoint INEC chairman will free the commission from partisanship. Former chairman of the Independent National Electoral Commission (INEC), Prof. Attahiru Jega, has proposed that the power to appoint the chairman of the Independent National Electoral Commission (INEC) be taken from the President. This is as he noted the need for further amendments to remove ambiguities, clarify and strengthen some of its sections. Jega, who...
The President of the Senate, Godswill Akpabio on Sunday, arrived in Luanda, the capital of Angola for the 147th Inter-Parliamentary Union (IPU) Assembly as Leader of Nigeria’s delegation. Senator Akpabio traveled in the company of four Senators and five members of the House of Representatives. They were received at the Luanda International Airport by the Nigerian Ambassador to Angola, H.E. Professor Monique Oshame Ekpong, and top officials of the Angolan government led by Joao Diogo...
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