The national assembly has drastically increased the 2025 revenue targets for Customs to N12 trillion and N180 billion for the NDIC The national assembly, through its joint committee on finance, has significantly increased the revenue targets for the Nigeria Customs Service (NCS) and the Nigeria Deposit Insurance Corporation (NDIC) for the 2025 fiscal year. The committee raised customs’ revenue projection from the proposed N6.5 trillion to N12 trillion. Similarly, NDIC’s revenue target was increased from...
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National Assembly Politics Archives - OrderPaper
2025 promises significant legislative interventions affecting the lives of women, youth, and marginalised communities. As the new year 2025 kicks off, this edition of our Gender and Social Inclusion (GESI) focuses on legislative interventions anticipated to receive attention. Bills driving gender equality and inclusion In 2025, we look forward to the deliberation of transformative bills designed to address gender gaps and promote inclusivity across key sectors in Nigeria. Notable among the proposed laws already in...
The extractive sector, including petroleum and solid minerals development, forms the bedrock of the economy of Nigeria The budget serves as a critical framework for any nation’s economic strategy, guiding financial allocations and shaping development priorities. It is an essential element of the economy, providing a comprehensive blueprint that outlines where funds will be directed and how they will be utilized to achieve government objectives. By establishing clear priorities, the budget plays a vital role...
The board remitted N4 billion to the Consolidated Revenue Fund in 2024 whereas it received N6 billion from the Federal Government. Lawmakers have raised concerns over the financial operations of the Joint Admissions and Matriculation Board (JAMB), questioning its fiscal prudence and the logic of government funding for a revenue-generating agency. These concerns were raised on Monday during an interactive session of the joint committee of the Senate and House of Representatives chaired by Sen....
INEC has proposed more than three times its budgetary allocations in 2025 budget, and says elections in Nigeria have become a huge burden The Independent National Electoral Commission (INEC) has rejected the N40 billion allocated to it in the 2025 budget proposal, instead proposing N126 billion to adequately fund its activities. This development emerged during a budget defense session with the national assembly’s joint committee on INEC and electoral matters. The INEC chairman, Professor Mahmood...
The national assembly has criticised Nigeria’s border closure policy, citing its ineffectiveness in curbing smuggling and insecurity, and urged the ministry of industry, trade, and investment to liaise with the presidency for a practical solution. The National Assembly, through its joint committee on Industry, Trade, and Investment, has criticised Nigeria’s border closure policy, describing it as ineffective in addressing cross-border banditry and smuggling, particularly in states bordering Niger and Chad. This criticism came to the...
Edun confirmed that there are pending warrants awaiting payment for capital projects, but funding remains a key challenge. The National Assembly has raised serious concerns about the significant imbalance between recurrent and capital expenditures and the low level of fund releases for capital projects for Ministries, Departments and Agencies (MDAs) in the 2024 national budget, with both chambers urging for more focus on capital projects that directly benefit the Nigerian populace. This was disclosed Wednesday...
Lawmakers expressed mixed reactions to President Tinubu’s presentation of the 2025 budget estimates to a joint session of the national assembly on December 18th, 2024. National Assembly members expressed varying opinions following President Bola Ahmed Tinubu’s presentation of the 2025 budget estimates, pegged at ₦49.8 trillion. The budget presentation, a significant moment in the legislative calendar, was met with cheers and chants for the president, especially by members of his party. Highlights of the budget...
OrderPaper continues to serve as a vital compass for navigating Nigeria’s National Assembly, boasting an impressive 80 percent accuracy rate in its forecasts for the plenary week of December 3 to December 5, 2024. Weekly plenary forecasts from OrderPaper’s Legislative Intelligence Unit has proved to be a valuable resource for both public and private sector decision-making, as many of the issues highlighted last week were indeed addressed in the National Assembly. Here’s a recap: Tinubu’s...
With a 50 percent accuracy rate in last week’s forecast, OrderPaper continues to serve as the authoritative platform for understanding policy dynamics within the National Assembly. As the national assembly convened for plenary week, November 26 to November 28, 2024, OrderPaper forecasted likely issues and activities that would engage lawmakers. With an accuracy rate of 50 percent, our Legislative Intelligence Unit assessed several critical issues that ultimately found their way into the debates and discussions...