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Amendment of FRA can ensure macro-economic stability – Muruako

“We dare say that if this Act had been amended in good time, Nigeria might have been spared the current macroeconomic challenges it found itself grappling with.” The Fiscal Responsibility Commission (FRC) has restated the need for the amendment of the Fiscal Responsibility Act to eliminate the inbuilt limitations within the Act. Executive Chairman, FRC, Victor Muruako, Esq. Made this call on Monday in Abuja at a capacity-building workshop designed for members of the National...

SPOTLIGHT: Oshiomhole as emerging show stopper in Senate

In the 10th Senate so far, it is rare to have a plenary session where Oshiomhole does not make a significant contribution. As a norm, the Senate exercises legislative authority in representation, making laws and carrying out oversight and some senators are notably making concerted efforts to close up the gaps left by their predecessors. Presently, public confidence in legislators is very low and with the rate of increasing interest in the legislature, political observers...

Onuigbo hails deputy speaker on leadership style

Sam Onuigbo served in the 9th assembly alongside deputy speaker Kalu and is thus in a good position to speak to his leadership style and capacity   Member representing the South-East on the Governing Board of the North-East Development Commission (NEDC),  Rep. Sam Onuigbo has hailed the Deputy Speaker of the House of Representatives, Rep. Benjamin Kalu, as a true example of how governance impacts the common man when leaders approach it as a collaboration...

EFCC demands law prohibiting unexplained wealth

Unexplained wealth should be confiscated to help curb illicit financial flow and other corrupt practices, argues the EFCC  The Economic and Financial Crimes Commission (EFCC) has called for the adoption of the Unexplained Wealth Order (UWO), which mandates people to reveal the sources of their unexplained wealth. According to the EFCC chairman, Mr. Ola Olukoyede, establishing legislation against unexplained wealth will check fraud, corruption and other criminal activities in the country. He urged this while...

Maida harps on the transparency of NCC operations

The leadership of the NCC under Dr. Maida has stressed the importance of transparency in the discharge of its responsibilities  The Nigerian Communications Commission (NCC) has said it would prioritize improving the transparency of its operations for the benefit of all stakeholders. Executive Vice Chairman of the Commission, Dr. Aminu Maida, stated this during a courtesy visit to the Hon. Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani in Abuja recently. Briefing the...

OrderPaper applauds NEITI on EITI assessment

The non-profit said the results of the global assessment testify to NEITI’s diligent commitment to discharging its mandate and called on the federal government to constitute the agency’s board without delay OrderPaper Advocacy Initiative (OAI), a non-governmental orgnisation focused on policy related engagement and intervention, has applauded the Nigeria Extractive Industries Transparency Initiative (NEITI) for scaling through an Extractive Industries Transparency Initiative (EITI) assessment with an impressive score. The OAI is an non-profit that seeks...

NCC boss advocates healthy competition in telecoms

The telecoms regulator says healthy competition is vital for the growth of the industry but noted that it will continue to engage all players  The Executive Vice Chairman (EVC) of the Nigeria Communications Commission, Dr. Aminu Maida, has advocated for healthy competition to promote the growth of the telecommunication sector in Nigeria. Maida said this during the week when he received the management of Airtel Networks Limited in Abuja. According to a statement by Reuben Muoka, director of...

Nigeria scores impressively high in EITI assessment

Nigeria’s highly successful scaling of the EITI global assessment is a true testament to NEITI’s hard work Nigeria has successfully scaled through the final global assessment of the Extractive Industries Transparency Initiative (EITI). With high scores reaching 90 on data integrity, comprehensiveness of report, outcomes and impacts, contribution to economic growth and adherence to legal frameworks, Nigeria made an overall score of 72, according to a statement released by the Nigeria Extractive Industries Transparency Initiative...

2024 Budget: My committee will perform strict oversight – Lagos Rep

The member from Lagos state is particular about ensuring that the ministry of women affairs and the national women centre deliver services for which budgetary allocations are made A member of the House of Representatives, Rep. Kafilat Ogbara (APC, Lagos State), has promised that the National Assembly will deliver on its function of effective oversight on the implementation of the 2024 budget. Rep. Ogbara, who chairs the House Committee on Women Affairs and Social Development,...

Nigeria must borrow to move forward – Delta Rep

The legislator believes that Nigeria must borrow its way out of the economic abyss the country has found itself A member of the House of Representatives, Rep. Ukodhiko Jonathan (PDP, Delta State), has said that for Nigeria to be able to achieve the purpose of the 2024 budget and fund projects, it has to continue borrowing. Rep. Jonathan made this statement while speaking to journalists shortly after the presentation of the 2024 budget estimates by President...

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