The Senators called for an increase in the funds appropriated for the Constituency Projects. The Senate has stepped down the second reading of a bill seeking legal backing for Constituency and special projects in the annual budget of the federation by a minimum of 20%. Among other things, the bill seeks to ensure that specific portions of the Federal annual budget is devoted to the constituencies for infrastructural development, wealth creation, and the fight against...
Senator Maidoki cited equity as the reason PDP lawmakers are canvassing support for the North Central zone as other zones are represented in the leadership of the Red Chamber. The Peoples Democratic Party (PDP) caucus in the Senate has resolved to canvass support for the North Central Zone for the position of Senate Minority Leader. The lawmakers decided this during a crucial meeting on the replacement of the Senate Minority Leader and Minority Whip held...
Kalu noted that the heads of security agencies were invited for a dialogue and explanation around important issues under its sectoral debate initiative. The House of Representatives resolved to suspend its planned sectoral debate on an issue of national importance due to the absence of the Service Chiefs, and the Inspector General of Police (IGP). The decision followed the unanimous adoption of a motion moved by the Deputy Speaker, Benjamin Kalu (APC, Abia), at Tuesday’s...
Senator Yar’adua noted that security agencies must collaborate to tackle insecurity in the country. The Senate has invited the National Security Adviser, Service Chiefs, Inspector General of Police (IGP), and other relevant security agencies to discuss the insecurity issues in the country and find a way forward. This is even as it urged security agencies to develop a National Security Policy document outlining the framework for an improved and streamlined synergy and coordination between the...
The House had on Wednesday, mandated its leadership to liaise with that of the Senate and intervene in the industrial action in the shortest possible time. The House of Representatives has welcomed the decision by Organised Labour to suspend its industrial action which had been in force across the country in the last two days. In a statement jointly signed by the Chairman of the House Committee on Media and Public Affairs, Rep. Akin Rotimi,...
Senator Umeh urged for adequate funding of the rail system beginning from the 2024 budget. The Senate has called on the Federal Government to suspend the purported planned rehabilitation of the outdated narrow gauge rail from Port Harcourt to Maiduguri and make arrangements for proper funding of the construction of the rail line. It also urged the Committee on Land Transport to ensure that all four Geopolitical Zones within the eastern rail line corridor, benefit...
Senator Akobundu is a former Minister of State for Defence and a former Organising Secretary of the PDP. The Senate has sworn in Augustine Akobundu of the Peoples Democratic Party (PDP) as Senator representing Abia Central senatorial District in the 10th National Assembly. Akobundu was sworn in on Wednesday during plenary to replace Senator Darlington Nwokocha of Labor Party. Recall that the Court of Appeal, Lagos Division, over a week ago, sacked the Senate Minority...
Rep. Nzurigbo lamented that the NLC strike action is only making life more difficult for the masses and in no way affecting the elite. The ongoing strike action by the Nigeria Labour Congress (NLC) saw the House of Representatives divided as activities in the country remain grounded. The lawmakers were debating a motion urging the House to intervene in the issue, sponsored by Deputy Speaker Rep. Benjamin Kalu. at Tuesday’s plenary. Recall that the NLC,...
Following the naira redesign, the validity of the old notes was extended to December 2023 but with a new Governor, Yemi Cardoso, the Apex Bank says the old currency notes are now legal tenders indefinitely. The Central Bank of Nigeria (CBN) has said that the old N200, N500, and N1,000 notes are to remain legal tender indefinitely. In a statement issued by CBN’s Director of Corporate Communications, Isa AbdulMumin, on Tuesday, the Apex bank said...
The lawmakers issued NIPOST a two-year deadline to develop a re-strategise or risk being fully privatized. The Senate has warned that the Nigerian Postal Service (NIPOST) would be privatised should the agency continues to run at a deficit. The warning was issued by the Chairman of the Joint Committee on Finance, Appropriations, National Planning, and Economic Affairs, and the Committee on Local and Foreign Debts, Senator Sani Musa (APC, Niger East), on Tuesday, at...
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