The Senate bill aims to improve the general welfare of Corp members and NYSC personnel. The Senate has resolved to establish a National Youth Service Trust Fund which would provide sustainable resources of funds for the National Youth Service Corps (NYSC) members. This is as it also plans to train and retrain as well as provide skill acquisition and provide start-up capital for Corp members. These resolutions were sequel to the second reading of a...
Akpabio acknowledged that the country’s economic circumstances were to blame for the manufacturers’ predicament and commended them for their perseverance. The President of the Senate, Godswill Akpabio has pledged the support of the National Assembly for Nigerian manufacturers to make the manufacturing industry flourish. While visiting him in his office on a courtesy call on Wednesday, Akpabio made the promise to the Executive of the Manufacturers Association of Nigeria (MAN). He gave his guests an...
The proposed bill seeks to replace the President with a Prime Minister to serve as the Head of Government and establish the office of the President as a ceremonial leader. Some members of the House of Representatives have introduced three bills, seeking to alter the Constitution of the Federal Republic of Nigeria to change from the current Presidential system to a Parliamentary system. They also noted that the transition will take place at all levels...
The Nigerian National Petroleum Company Limited (NNPCL) cleared the air on a $3.3billion loan secured for CBN The Chairman of the Federal Inland Revenue Service (FIRS), Zacheus Adedeji has condemned a three-year-old N2.59 trillion Tax Credit Scheme, which was implemented for nationwide road construction by the administration of former President Muhammadu Buhari. This is in response to the Nigerian National Petroleum Company Limited (NNPCL), one of the key Tax Credit Scheme executors, clearing the air...
Senate President, Akpabio said the committee would be inaugurated on Tuesday, next week for them to commence work immediately. The President of the Senate, Godswill Akpabio, has named a 43-member ad-hoc committee to further review the 1999 Constitution. Akpabio who announced the Chairman and Members of the Committee stressed the importance of the Constitution review saying, “There is a need for us to touch on some aspects of the constitution to bring them in line...
It was revealed that REMITA, in the last 7 years, collected the sum of N33.3 trillion on behalf of CBN and carted away with fees worth N23.9 billion. The House of Representatives Public Accounts Committee (PAC) has summoned the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, and the Accountant General of the Federation, Mrs. Oluwatoyin Sakirat Madein to give clarity on the issue of the contract agreement with a solution provider. The...
President Tinubu also sought the Senate’s confirmation of the Constitution of the Monetary Policy Committee of the CBN President Bola Ahmed Tinubu has requested the Senate’s Confirmation of Hon. Yemi Fashua as Commissioner of the National Population Commission (NPC) to represent Ogun State. According to President Tinubu, the request is made based on section 154 (1) of the Constitution of the Federal Republic of Nigeria 1999 as amended. This request was sent in a letter...
The Senate observed a minute silence in honour of the late Senator Ekarika, aged 89 who comes from the same senatorial district as the Senate President. The Senate has called on the Federal Government to immortalise the late Senator Itak Bob-Ekarika who represented Akwa Ibom North West Senatorial District between 2003 and 2007, by renaming the Navy Secondary School in Ikot Ntuen, Ekparakwa, to “Senator Itak Bob Ekarika Naval School.” This resolution was sequel to...
Akpabio said the Super Eagles made the country proud by reaching the competition final and urged all Nigerians to give the team the support and appreciation they deserve. The Senate President, Godswill Akpabio has encouraged the Super Eagles to remain optimistic despite their inability to clinch the African Nations Cup in Cote d’Ivoire, reassuring them that they were all winners for taking home the silver medal. Senator Akpabio gave the charge when he along with...
The amount shared by the Federal, States and Local governments from FAAC has increased significantly, due to the withdrawal of fuel subsidy. The House of Representatives has mandated its relevant Committees to look into states’ spending and utilisation of the increased allocation from the Federal Account allocation Committee (FAAC) to sub-nationals. The resolution was sequel to a motion of urgent national importance sponsored by Rep. Ademorin Kuye (APC, Lagos) at plenary on Tuesday. It is...
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