Tinubu Archives - Page 2 of 9 - Parliament Reports

Tinubu seeks fresh loans, bonds to fund infrastructure and pensions

Sharon EboesomiMay 27, 20254 min

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...

Senate

Senate passes second reading of N1.78tn 2025 FCT budget

Sharon EboesomiMay 14, 20253 min

Bamidele noted that the FCT appropriation was designed to ensure the completion of ongoing projects that have direct impact on infrastructure and the wellbeing of FCT residents. The senate on Wednesday passed the second reading of a bill seeking to authorise the appropriation of N1.78 trillion for the Federal Capital Territory Administration (FCTA) for the 2025 fiscal year. The appropriation bill, sent to the senate by President Bola Tinubu, seeks to authorise the issuance of...

Senate

Senate passes remaining two tax reform bills

Sharon EboesomiMay 8, 20256 min

The reforms were designed to address Nigeria’s weak tax-to-GDP ratio, reduce the cost of tax compliance, and broaden the revenue base without increasing rates. The senate on Thursday, 8 May 2025, passed the remaining two of the four tax reform bills submitted by President Bola Tinubu in October 2024. The two bills passed at Thursday’s plenary are the Joint Revenue Board (Establishment) Bill and the Nigeria Tax Bill. Their passage marks the conclusion of the...

Senate

Senate passes two of four tax reform bills

Sharon EboesomiMay 7, 20258 min

Upon resumption, the tax reform bills, long pending before the legislature, appeared as one of the first items addressed, signalling the urgency attached to their consideration. The senate has passed a set of long-awaited tax reform bills aimed at overhauling Nigeria’s outdated tax framework. This followed the presentation of a report by the Committee on Finance chaired by Sen. Sani Musa (APC, Niger East) during Wednesday’s plenary. The four (4) bills include the Nigeria Tax...

Senate

Senate, state of emergency and echoes of executive appendage

Sharon EboesomiMarch 21, 20259 min

The way and manner the senate handled the president’s state of emergency declaration echoes widespread concerns of a rubber stamp parliament The historic approval of a state of emergency in Rivers state witnessed high-stakes drama that tested Nigeria’s democracy, the rule of law, and the very fabric of legislative independence. Just as the dust from Sen. Natasha’s case began to settle, the senate faced an even bigger storm, the escalating political turmoil in Rivers state....

Senate

BREAKING: Senate approves state of emergency in Rivers

Sharon EboesomiMarch 20, 20258 min

The Senate also resolved that the state of emergency declared in the proclamation may be reviewed or terminated by the President at any time, but it must not exceed a period of six months. The senate has formally approved the proclamation of a state of emergency in Rivers state, following President Bola Tinubu’s declaration that cited the deepening political turmoil and worsening security situation in the oil-rich South-South state. The senate also resolved that the...

Senate

Senate steps down state of emergency motion without explanation

Sharon EboesomiMarch 19, 20252 min

While no reason was officially offered for the delay in approving the state of emergency, observers say the decision may be linked to behind-the-scenes consultations. The senate on Wednesday, delayed its planned debate on the motion seeking approval for the proclamation of a state of emergency in Rivers State. The motion, which was listed as the first item on the order paper, was unexpectedly stepped down without any detailed explanation. Sponsored by the Leader of...

State Assemblies

Tinubu suspends governor, assembly in Rivers

Sharon EboesomiMarch 18, 20256 min

“It has become imperative to declare a state of emergency. By this declaration, Governor Fubara is hereby suspended.” President Bola Tinubu has declared a state of emergency in Rivers State, citing the prolonged political crisis and breakdown of governance. He made the announcement during a nationwide broadcast on Tuesday night. Expressing deep concern over the situation, Tinubu stated: “Fellow Nigerians, I feel greatly disturbed at the turn we have come to regarding the political crisis...

House of Representatives Senate

Tinubu signs ₦54.99 trillion 2025 budget into law

Sharon EboesomiMarch 1, 20252 min

This marks a 99.96% increase from the 2024 budget of ₦27.5 trillion, reflecting the administration’s commitment to infrastructure, economic growth, and debt management. President Bola Tinubu has signed the ₦54.99 trillion 2025 Appropriation Bill into law. The bill was signed on Friday at a brief ceremony at the State House in Abuja. Parliament Reports recalls that the bill, was passed by the National Assembly on February 13, after increasing it from the initial N49.7 trillion...

Senate

Akpabio shuffles committees as Kalu gets chair of south-east commission

Sharon EboesomiFebruary 4, 20253 min

Prior to the appointment, Akpabio had mentioned that President Bola Tinubu had just assented to some bills establishing the regional development commissions. The Senate has appointed Sen. Orji Uzor Kalu (APC, Abia north) as chairman of the newly established South East Development Commission (SEDC) committee while Sen. Ken Eze (APC, Ebonyi Central) was appointed as the vice chairman. The announcement was made by the President of the Senate, Godswill Akpabio, during Tuesday’s plenary. Prior to...

Newer Posts

Older Posts