The NDDC budget aims to enhance security, create jobs, empower youth and women, improve social welfare, and boost educational infrastructure. The House of Representatives on Tuesday received the 2024 statutory budget proposal for the Niger Delta Development Commission (NDDC) from President Bola Tinubu. The proposal was contained in the letter, addressed to Speaker of the House, Rep. Tajudeen Abbas and was presented by Rep. Benjamin Kalu, who presided over the session and said the submission...
The MPR is the rate at which commercial banks borrow from the economy and often determines the cost of funds. In an ongoing effort to lower inflation, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) decided on Tuesday to increase both the benchmark interest rate and the MPR by 150 basis points, from 24.75 percent to 26.25 percent The MPR is the rate at which commercial banks borrow from the economy...
Senator Isah Jibrin disclosed that the attack claimed over 21 lives and properties in Omala. Given the deteriorating security situation in the country, the Nigerian Senate had resolved to set up an Ad-hoc committee to conduct a national summit to tackle the issues of herdsmen attacks. This is as it urged the National Emergency Management Agency (NEMA) and Humanitarian Affairs to provide relief materials to the affected communities. This resolution followed a motion of urgent...
Senator Aliyu Ikra Bilbis (PDP, Zamfara Central) noted that during the screening, both nominees met the relevant criteria for appointment. The Senate has confirmed the appointment of Rimini Haraya Makama as Executive Commissioner Stakeholders Management and Abraham Oshadami as Executive Commissioner Technical Services in the Nigerian Communications Commission (NCC). The confirmation of both nominees followed the consideration and approval of the report by the Committee on Communications during Tuesday’s plenary. READ ALSO: Urum Kalu Eke...
The aggrieved retired police officers asked the President Bola Tinubu-led Nigerian government to remove them from the contributory pension scheme. Some retired police officers under the contributory pension scheme have stormed the national assembly over seceral months of unpaid pensions. The retirees who came from chapters to protest at the National Assembly on Tuesday, 21st May, 2024 decried the extreme challenges saying that the National Pension Commission (PENCOM) has failed to pay their entitlements for...
The House of Representatives has insisted that tollgate fees at Nigerian airports across the country be waived for all members of the Armed Forces of Nigeria. The House of Representatives on Monday called for a waiver of tollgate fees for members of the Armed Forces of Nigeria at all Nigerian airports. This resolution emerged from a motion of urgent importance by Rep. Abdussamad Dasuki (PDP Sokoto) titled “Need to Waive Tollgate Fees at All Nigerian...
This will bring the ECOWAS Parliament closer to the people at the grassroots. It will also create an avenue for interactions and business relations. The dream of our founding fathers is to unite us through ECOWAS. Members of the Sixth Legislature of the Parliament of the Economic Community of West African States (ECOWAS), on Monday, held their Second Extraordinary Session in Kano, North West, Nigeria. Parliamentarians from 12 countries including Nigeria, Benin Republic, Burkina Faso,...
The House Committee investigating the arbitrary increases in the Prices of Cement blamed the FCCPC for its inability to protect consumer rights over the recent hike in the price of cement  The Joint Committee of the House of Representatives investigating the arbitrary increases in the Prices of Cement on Monday grilled the Federal Competition and Consumer Protection Commission (FCCPC) over its perceived inability to safeguard the rights of Nigerians amidst a significant increase in cement...
This week, the National Assembly is poised to address several pressing issues that are capturing the nation’s attention. As this Legislative Intelligence Forecast Entry (LIFE) reports, these matters range from economic concerns to social and legislative challenges. As the National Assembly convenes this week, the legislative agenda promises to be both diverse and contentious, with several pivotal bills set to take centre stage. Besides the array of proposed legislation, other pressing issues must be addressed...
The top bills and motions before the House of Reps this week include a Bill for an Act to Amend the Federal Character Commission Act 2004. The House of Representatives remains at the forefront of shaping policies and laws that govern the nation. With each passing week, lawmakers deliberate, discuss and push bills and motions aimed at addressing the most pressing issues facing our society. Each week brings forth a flurry of legislative activity, as...
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