News

Bill to prohibit, penalize gas flaring scales second reading

Leah TwakiDecember 5, 20244 min

A bill seeking to prohibit gas flaring, encourage gas utilization, and provide penalties passed second reading in the House of Representatives In a significant step toward addressing environmental and economic challenges in Nigeria, the House of Representatives has advanced a bill seeking to prohibit gas flaring, encourage gas utilization, and provide penalties and remedies for gas flaring violations. The bill, sponsored by Rep. Babajimi Benson (APC Lagos), scaled its second reading during Thursday’s plenary session....

Senate

‘Senate cannot be bullied, tax bills are alive’ – Bamidele

Sharon EboesomiDecember 5, 20245 min

“We don’t take orders from anyone or any office, no matter how highly placed. We cannot be bullied into taking certain procedures as far as we are concerned.” The senate has refuted media reports claiming it has suspended or withdrawn deliberations on the tax reform bills, clarifying that it merely set up a committee to engage with the Attorney-General of the Federation (AGF), Lateef Fagbemi, to address contentious provisions in the bills. This followed a...

Senate

Tax Bills: Senate removes Monguno from review committee

Sharon EboesomiDecember 5, 20242 min

The change, implemented during Thursday’s plenary, came just 24 hours after the committee’s formation. The senate has revised the membership of the 10-man committee established on Wednesday to liaise with the presidency on contentious aspects of the tax reform bills and removed the chief whip, Sen. Tahir Monguno (APC, Borno north) from the committee. The change, implemented during Thursday’s plenary, came just 24 hours after the committee’s formation. The leader of the senate, Opeyemi Bamidele...

House of Representatives

CBN denies forced retirements, says staff left voluntarily

Leah TwakiDecember 5, 20242 min

The CBN has clarified that its Early Exit Package (EEP) is entirely voluntary and without any negative repercussions for eligible staff The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements by staff. The apex bank clarified that its Early Exit Package (EEP) is entirely voluntary and without any negative repercussions for eligible staff. Mrs. Hakama Sidi Ali, acting director of corporate communications stated the decision while speaking in Abuja on Wednesday,...

House of Representatives

Street begging, judicial immunity and foreign accounts | HOUSE GIST TODAY

Leah TwakiDecember 5, 20243 min

At Wednesday’s plenary, the House resolved to probe street begging in Abuja and stepped down a consolidated bill on judicial immunity and foreign accounts. Street begging in Abuja The House of Representatives has resolved to investigate the Abuja Rehabilitation Centre and the Federal Capital Territory’s (FCT) social protection programmes following a rise in the prevalence of the ‘Almajiri’ in the nation’s capital. The decision came after the adoption of a motion presented by Rep....

Senate

Pause on tax bills as minister faces probe | SENATE GIST TODAY

Sharon EboesomiDecember 4, 20245 min

Today, the senate summoned the minister of aviation and aerospace, Festus Keyamo, to address incessant flight delays and cancellations. It also set up a review panel to address contentious issues in the tax reform bills. Tax bills: Senate opts for further consultations The senate has instructed its finance committee to halt further action on the proposed tax reform bills pending the outcome of a high-level meeting with the Attorney General of the Federation (AGF). Announcing...

House of Representatives

Reps calls for lithium production agency

Leah TwakiDecember 4, 20244 min

The House of Representatives also tasked its committee with conducting an investigative audit of the Solid Minerals Development Fund (SMDF) account from 2015 to date, amid a call for a lithium agency. Amidst global interest in Nigeria’s lithium resource, the House of Representatives has called on the ministry of solid minerals development to establish an agency in line with the Minerals and Mining Act of 2007. The proposed agency, lawmakers said, would spearhead the creation...

Senate

Senate summons aviation minister over flight delays and cancellations

Sharon EboesomiDecember 4, 20244 min

The investigation will uncover the root causes of the flight delays and cancellations and propose lasting solutions. The senate has mandated its committee on aviation to invite the minister of aviation and aerospace, Festus Keyamo, the director general of the Nigeria Civil Aviation Authority (NCAA), Captain Chris Najomo, airline operators and other relevant stakeholders to unravel the circumstances behind the incessant flight delays and cancellations in the country. This resolution followed the adoption of a...

Senate

Tax bills: Senate asks finance committee to stay action, names review panel

Sharon EboesomiDecember 4, 20242 min

The finance committee is asked to stay action to allow a review panel harmonise divergent positions, ensuring the contentious tax bill align with national priorities The senate has instructed its finance committee to halt further action on the proposed tax reform bills pending the outcome of a high-level meeting with the Attorney General of the Federation (AGF). Announcing the decision during today’s plenary, Deputy President of the Senate, Barau Jibrin revealed that a special committee...

House of Representatives

AI bill and probe of CBN mass retirements | HOUSE GIST TODAY

Leah TwakiDecember 4, 20243 min

On Tuesday, the reps determined to investigate the gale of mass retirement in CBN and progressed on a bill on AI Reps to probe mass retirement in the central bank The House of Representatives has resolved to set up an ad-hoc committee to investigate the circumstances that led to the mass retirement of 1,000 staff members of the Central Bank of Nigeria. The House also resolved to ascertain the N50bn payoff earmark for the settlement...

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