The motion sponsor noted that the goal of the Electricity Act 2023 may be undermined if the N39 billion contract awarded to Ziglaks Company for the supply of electricity meters is not probed. The House of Representatives has resolved to investigate the N39 billion loan granted to Ziglaks by the defunct Ministry of Power, Works, and Housing to supply meters to distribution companies (DICOS) in Nigeria. This is even as it mandated the Committees of...
Senator Barau said there is a senate tradition that accords certain personalities the privilege of automatic confirmation without being screened. The Senate has confirmed the appointment of Musa Adamu Aliyu as Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC). It also confirmed the appointment of Saka Bolaji Suleiman and Prof. Gaji F. Dantata as Members of the Federal Judicial Service Commission. These confirmations were made during Thursday’s plenary after the Senate...
The Appropriations Committee chairman said the National Assembly will not approve a budget that is inflated by the cost of governance as against driving infrastructure. President Bola Ahmed Tinubu will present the 2024 budget estimates to the National Assembly in November, for scrutiny and eventual passage. The National Assembly will also receive Federal Government the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy (FSP) from the Federal Government next week for scrutiny. The Chairman, Senate...
Rep. Dekeri argued part of the money saved from fuel subsidy removal could be used to cover the WAEC and other examinations of students as a form of palliative. The House of Representatives stepped down a motion calling on the federal government to assist students with the cost of secondary school examinations in 2023/2024 to cushion the effect of fuel subsidy removal. The motion on the “Need to Compel JAMB, WAEC, and NECO Examination Bodies...
The motion sponsor said the intervention funds into the power sector, banks have taken over six of the eleven DisCos in Nigeria due to poor financial performance and management. The House of Representatives is set to investigate the financial interventions for the power sector since privatisation in 2013. This is even as it lamented that the sector still suffers revenue shortfalls which it attributes to high electricity tariffs despite the numerous intervention funds provided by...
Embattled ex-Governor of CBN, Godwin Emefiele attempted to contest the 2023 presidential election while in office. The Senate has passed for a second reading, a bill seeking to ban the Governor and Deputy Governors of the Central Bank of Nigeria (CBN) from participating in politics. The passage followed the consideration of two bills to amend the Central Bank Act sponsored by Senator Darlington Nwokocha (LP, Abia Central) and Senator Sunday Karimi (APC, Kogi...
Rep. Kama, while decrying the fraudulent process of the P&ID deal, noted the need for prioritization and strengthening of the nation’s procurement law. The House of Representatives has resolved to launch an investigation into the Process and Industrial Developments (P&ID) contract. It directed its Committee on Justice and Financial Crimes to investigate the service providers involved in the 20-year gas supply purchasing agreement (GSPA) contract. According to the lawmakers, investigating the service providers...
An Appeal court voided the election of Elisha Abbo as Senator representing Adamawa North Senator District. The Senate has sworn in Amos Yohanna to replace Senator Elisha Ishaku Abbo in the Nationa Assembly. Yohanna was sworn in during Wednesday’s plenary presided over by the Deputy President of the Senate, Barau Jibrin. The newly sworn-in Senator will represent Adamawa North Senatorial District on the platform of the Peoples Democratic Party (PDP). Recall that the Court...
Rep, Soli noted CBN’s decision to lift the forex ban will affect local production of rice, cement, and palm oil among others. The House of Representatives has summoned the Governor of Central Bank (CBN), Olayemi Cardoso, over his decision to lift the forex ban on 43 items. The House decision was a sequel to a motion of urgent public importance, moved by Rep. Sada Soli (APC, Katsina) at plenary on Tuesday. Recall that the...
This week, OrderPaper’s Legislative Intelligence Forecast (LIFE) Service by Kauthar Anumba Khaleel, highlights issues to be attended by both chambers of the National Assembly. The National Assembly is expected to take receipt of the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for consideration and passage. The MTEF and FSP set out the Federal Government’s economic, fiscal, and monetary objectives ahead of the 2024 budget presentation, and as required under the Fiscal...
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