OrderPaper recorded a success rate of over 66 percent in forecasting the key topics discussed in the National Assembly last week.
OrderPaper remains your go-to source for providing insightful updates on the happenings within the National Assembly. In our recent forecasts for the plenary sessions from December 10 to 12, 2024, a 66.7 percent accuracy rate was achieved.
This showcases the value of our Legislative Intelligence Unit, which makes it easier for both policymakers and the general public to understand the workings of the National Assembly. The fact that some issues called out were addressed in the National Assembly reinforces our commitment to transparency and informed civic engagement.
Let’s take a look.
2025 budget presentation
In line with OrderPaper’s forecasts, President Bola Tinubu finally indicated his intention to present the 2025 Appropriation Bill to a joint session of the National Assembly. This announcement was made by Senate President Godswill Akpabio during Thursday’s plenary session and is expected to take place on Tuesday, December 17, 2024, at 10:30 a.m. Prior to this, President Tinubu submitted the 2025-2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the National Assembly, which was approved by both chambers. The documents outlined a spending plan of N47.9 trillion for the 2025 fiscal year.
Currency scarcity
Just as OrderPaper foretold, the House of Representatives responded to the ongoing cash scarcity issue gripping the nation. In line with the predictions, a motion moved by Rep. Uguru Emmanuel (APC, Ebonyi) called for an urgent investigation into the cash shortages affecting commercial banks, which have led to significant hardship for Nigerians and hindered economic activities. Rep. Emmanuel stressed the importance of cash availability for consumer spending and investments and urged the Central Bank of Nigeria (CBN) to take immediate action to address this.
What’s on the docket this week? Stay tuned to this website and subscribe to our newsletter to have the forecasts delivered directly to your inbox.
STAR Bills
This week, we are spotlighting significant bills that were introduced in the National Assembly for the plenary sessions from December 10 to 12, 2024. From the House of Representatives, Rep. Hussaini Mohammed Jallo (PDP, Kaduna) has proposed a bill to establish a Poverty Alleviation and Skills Acquisition Centre which aims to address poverty and promote economic growth through skills acquisition and entrepreneurship development. The centre will provide emerging entrepreneurs with the necessary knowledge and skills for self-development, job creation, and productivity enhancement.
In the Senate, Sen. Usman Lawal Adamu (PDP, Kaduna) has introduced a bill that aims to enhance early childhood education and regulate the appointment of members of the commission, while increasing enforcement and penalties for non-compliance.
Are your lawmakers actively delivering on the issues that matter most to you? How are you holding them accountable?
To stay updated on legislative actions, connect with OrderPaper on our social media channels to get timely information on the bills being sponsored by your representatives during every plenary session.
