HomeCategory

National Assembly

Nigeria’s budget and broken legislative oversight | ANALYSIS

With the naira struggling against the dollar, oil production failing to meet targets, and inflation eroding household incomes, the national assembly faces increasing scrutiny over how effectively it can monitor budget performance, enforce compliance from MDAs, and ensure value for money in public spending. As Nigeria enters the second quarter of 2025, the country’s turbulent fiscal journey is perceived to be stuck in a  phase, marked by ambitious spending targets, volatile economic indicators, and mounting...

Tinubu seeks fresh loans, bonds to fund infrastructure and pensions

President Tinubu has made several previous appeals to the national assembly for borrowing approvals since assuming office. President Bola Tinubu has asked the national assembly to approve a new set of loans totalling $21.5 billion in foreign borrowing and ₦757.9 billion from the domestic bond market to tackle pressing national needs, including pension debts. In a letter read by Senate President Godswill Akpabio during Tuesday’s plenary, Tinubu explained that the proposed 2025–2026 borrowing plan is...

Tinubu increases 2025 Budget from N49.7trn to N54.2trn

President Tinubu said additional revenue generation by FIRS, Nigeria Customs Service, other government-owned agencies are reasons for 2025 budget increase  President Bola Tinubu has formally requested the National Assembly to approve an increase in the 2025 budget from ₦49.7 trillion to ₦54.6 trillion. His request was conveyed through separate letters addressed to both the Senate and the House of Representatives, which were read during plenary by Senate President Godswill Akpabio and Speaker Abbas Tajudeen. In...

Discordant tunes over Tinubu’s address at National Assembly

There seems to be a growing confusion in the Presidency over President Bola Ahmed Tinubu’s plan to address the National Assembly on the state of the nation today, Wednesday 29th May, 2024. There was an earlier statement on Tuesday by Tinubu’s Special Adviser on Information & Strategy, Bayo Onanuga who had confirmed that the president will address a joint session of the National Assembly on Wednesday. According to Onanuga, the President will not broadcast to...

INSIGHT: NNPCL, public revenues and the profit motive

Ever wondered how the Nigerian National Petroleum Corporation Limited (NNPCL) earns and utilizes money and on whose behalf? This piece explores how the state-owned company generates income and makes profits as empowered by the Petroleum Industry Act (PIA) 2021 and how such revenues contribute to Nigeria’s economy. Until the enactment of the Petroleum Industry Act (PIA), 2021, the Nigeria National Petroleum Corporation (NNPC) was a state-owned behemoth that played both regulatory and commercial roles in...

INSIGHT: NNPC and the Akara Company Story

In discussions surrounding the transitioning of the Nigerian National Petroleum Corporation Limited (NNPC) to Nigerian National Petroleum Corporation Limited (NNPCL), misunderstandings persist about its ownership and mode of operations.   One of the major misconceptions is whether or not the NNPC is a commercial or private company. Confused about what these terms mean? There is a story about the Akara for 4 the People Company that can help us understand what is important here. In case...

Examining Nigeria’s proposed Social Media and NGO Regulation Bill in light of international Human Rights standards

Is the regulation of NGOs or social media a viable step forward for Nigeria’s current democratic situation? In 2017, Rep. Buba Jubrin sponsored a bill that sought to regulate Non-governmental organisations and CSOs. The bill passed a second reading at the House and was subsequently referred to the Committee on Civil Society Organisations and Development Partners. After a massive protest, the bill died at the committee stage. However, the bill saw a revival very recently...

AFCON: NASS principal officers, committee members to watch Super Eagles in Cote d’Ivoire

Kawu says they will also look into the case of the Super Eagles coach, Jose Peseiro. The principal officers of the National Assembly have revealed that they will travel to Abidjan, Cote d’Ivoire to support the Nigerian team at the ongoing Africa Cup of Nations (AFCON), ahead of the crucial quarterfinal match between the Super Eagles of Nigeria and the Palancas Negras of Angola. The Chairman, Senate Committee on Sports, Senator Sumaila Kawu (NNPP, Kano...

Akpabio, Moro, Natasha, Wadada…24 lawmakers to watch in 2024

As the National Assembly (NASS) prepares for its first full year in the tenure, OrderPaper identifies 24 lawmakers to look out for in the year 2024. It has been 7 months since the inauguration of the 10th National Assembly and by January 30, 2024, the National Assembly will resume for the new year to continue its legislative activities. This will be the first full year of the 10th assembly since coming on board in June...

PERSPECTIVE: Safeguarding communites in the energy transition

In a global attempt to phase out fossil fuel, can Nigeria leverage its mineral resources to become a leading advocate for renewable energy, while upholding good climate practice and peace amongst the host communities? On the back of the COP28 Agreement for the world to shift from fossil fuels to renewable energy, it has become necessary to spotlight the mineral resources available in Nigeria that could move the country comfortably from the shackles of fossils...

pr logo footer

Parliament Reports is a media platform that provides legislative intelligence, policy analysis, data analytics, and dedicated reportage of Nigeria's national and state assemblies. Parliament Reports is owned by OrderPaper Nigeria

Join our Community

Subscription Form

(c) All rights reserved.

Join our WhatsApp Channel

X
<p>Please email us - contents@orderpaper.ng - if you need this content for legitimate research purposes. Please check our privacy policy</p>