Hightlight Archives - Page 175 of 202 - Parliament Reports

The term admission racketeering recently invaded the Nigerian media space, after a report on allegations of the practice was brought before the Senate. Like job racketeering, admission racketeering can simply be described as money for admission. It is a practice or situation, whereby persons particularly, staff of tertiary institutions, demand money from prospective students in exchange for admission. This exchange can also be said to be willing extortion, given that the students, or in some...

Akpabio said he would seek the intervention of the Inter-Parliamentary Union in addressing Nigeria’s ecological issues. The President of the Senate, Godswill Akpabio has urged the Federal Government to use ecological funds to address life-threatening environmental problems. Akpabio also called for tree-planting campaigns across the country, especially in areas worst hit by desert encroachment. Akpabio gave the advice during a meeting between the Senate leadership and representatives of the Ecological Project Office, led by the...

The bill sponsor said the proposed Bitumen Development Commission would promote the economic diversification policy of the Federal Government. The Senate has passed for a second reading, a bill seeking the creation of the Bitumen Development Commission. The bill, titled, “A Bill for an Act to Establish the Bitumen Development Commission of Nigeria and Provide a legal framework for the Promotion of Research, study, investment, exploration, production, exportation; Development and utilisation of locally sourced Bitumen...

The Senate Committee walked out representative of the NNPCL boss, insisting heads of agencies must appear before it. The Senate has threatened to dismiss senior officials of the Nigerian National Petroleum Corporation Limited, (NNPCL), its subsidiaries, and other relevant agencies of government connected to the Turn Around Maintenance (TAM). The threat was issued by the Chairman of the Committee, Senator Isah Jibrin (APC, Kogi East), on Wednesday, following the absence of the Chief Executive Officers...

The Senate pegged the crude oil benchmark price at $73 per barrel and exchange rate at N700/$1   The Senate has approved the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) ahead of the presentation of the 2024 Budget by President Bola Tinubu. This is as it approved a special intervention (recurrent) of N200 billion, a special intervention (capital) of N7 billion, and an aggregated expenditure of N26 trillion. Other parameters considered...