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Insecurity: Senate abandoning oversight for summit, says Ningi

Ningi raised alarm over the growing audacity of armed groups, warning that suburbs of the FCT were no longer safe after dark. Sen. Abdul Ningi (PDP, Bauchi central) has issued a scathing rebuke of the national assembly’s handling of security oversight, calling for an urgent interrogation of its security-related committees. He pointedly accused the senate of abdicating its constitutional responsibility to scrutinise defence spending and military procurement and opting for summits instead. Ningi made the...

SHOCKING: Audit exposes missing rifles in police command

Reports referenced earlier findings that, as of December 2018, a staggering 178,459 firearms had gone missing, including 88,078 AK-47 rifles. A recent investigation by the Senate Public Accounts Committee (SPAC) has revealed that 3,907 firearms, including a significant number of AK-47 rifles, are missing from police commands and formations across Nigeria. The discovery was made following an audit conducted by the Office of the Auditor-General of the Federation on the Nigeria Police Force (NPF). The...

Senate advances bill to regulate Nigeria’s capital market

The bill seeks to repeal the Investments and Securities Act, 2007 and enact the Investments and Securities Act, 2024. The senate has approved the second reading of a bill seeking to repeal the Investments and Securities Bill Act 2007. This followed the consideration of a bill sponsored by Sen. Opeyemi Bamidele and co-sponsored by Sen. Osita Izunaso (APC, Imo West) during Tuesday’s plenary. The bill is titled, “A bill for an Act to repeal the...

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