Ugochinyere and 34 Members of the House of Representatives are canvassing for a six-year single term for Nigerian President and governors. In a significant move, thirty-five members of the House of Representatives have proposed a six-year single term for the country’s presidency. The announcement was made during a press conference on Monday by Rep. Ikenga Ugochinyere (PDP, Imo), who was flanked by his colleagues and co-sponsors of the bills. The proposed legislation, which has passed...
Meanwhile, the Bill when assented to shall compel the National Assembly to consider and approve the MTEF on or before the last day of August in each financial year. The move to combat corruption, block revenue leakages and eliminate wastages of public resources by Ministries Departments and Agencies (MDAs) of government has just begun as the National Assembly has taken the initiative by introducing a Bill to amend the much anticipated Fiscal Responsibility Act (FRA),...
Binance will have every opportunity to defend itself in court against these severe charges of financial crimes against the Federal Republic of Nigeria. The next hearing is on June 20, 2024. Sixteen lawmakers in the House of Representatives of the United States, including House Foreign Affairs Committee Chair, Rep. Michael T. McCaul, (R, Texas), have petitioned President Joe Biden urging him to intervene and ensure the return of detained Binance executive, Tigran Gambaryan, to the...
Salam emphasized the need for increased accountability and collaboration between the public and private sectors to ensure effective governance and financial integrity in Nigeria The Chairman of the House Committee on Public Accounts, Rep. Bamidele Salam (PDP Osun), has emphasized the need for increased accountability and collaboration between the public and private sectors to ensure effective governance and financial integrity. Salam made this call at a recent event on Private Sector dialogue on public finance...
The NLC has condemned SGF George Akume’s comments on the nationwide strike and urged him to retract his comment The Nigeria Labour Congress (NLC) has expressed profound disappointment over the recent comments made by the Secretary to the Government of the Federation (SGF), George Akume labeling the nationwide strike by the NLC and the Trade Union Congress (TUC) as a “treasonable felony” and “economic sabotage.” This was contained in a statement by Benson Upah, Head,...
Caught between political allegiance and filial loyalty, Mohammed Bello El-Rufai is left fiddling and fidgeting in cryptic utterances that betray the deep dilemma the House of Representatives’ member is in. Here’s a backstory into the unfolding political thriller in Kaduna State. The Kaduna House of Assembly is stomping strong on the back of the immediate past governor of the State, Nasir Ahmad El-Rufai, who governed from 2015 to 2023. During the week, the assembly released...
The Securities and Exchange Commission (SEC) has countered Binance for blatant disregard of the federal securities laws. The United States Senators Chris Van Hollen (D-Md.) and Elizabeth Warren (D-Mass.) have written to Attorney General Merrick Garland asking the Department of Justice (DOJ) to conduct an investigation into allegations that the cryptocurrency exchanges Binance and Binance.US made a number of false statements to Congress. The request of both senators who are also members of the Senate...
OrderPaper organised a dialogue centred on the pivotal role of private sector engagement to address public finance management in Nigeria. The Executive Chairman of the Fiscal Responsibility Commission (FRC), Victor Muruako, Esq has called on the private sector to actively engage with the public sector to uphold accountability and prudent management of public resources. Muruako made this known while speaking at a private sector dialogue on public finance management and fiscal reforms on Monday, June...
Ugochinyere might face suspension for politicising an oversight function by members of the House of Representatives in Rivers state. The House of Representatives has referred Rep. Ikenga Ugochinyere ( PDP Imo), to the Committee on Ethics for probe over his ‘solidarity visit’ to the Rivers State Governor, Siminalayi Fubara. The investigation stemmed from a “point of privilege” raised by Rep. Yusuf Gagdi (APC Plateau), who argued that Ugochinyere misrepresented the nature of the lawmakers’ visit...
A minute silence was held in honour of the victims who were buried alive during the tragic incident at an illegal mining site. The Senate has called on the Federal Government to come out with strict safety measures and regulation on mining activities in Nigeria in line with international best practices and deploy adequate security apparatus to the mining communities in order to maintain vigilance around mining areas to prevent further incursions and intrusion by...
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