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Tinubu’s nominees get confirmation | SENATE GIST TODAY

Confirmation of presidential nominees for pilgrims affairs and social investment and lamentations over council polls headline senate plenary Senate condemns ‘charade’ of council elections across the country The senate has condemned strongly, local government elections conducted in some states across the country, describing it as a violation of democratic tenets. This was sequel to the adoption of a motion sponsored by Sen. Abba Moro (PDP, Benue South) who lamented over the local government council elections...

Senators lament ‘sham’ council elections across Nigeria

The senate urged the federal government to deny allocation of councils where selections instead of elections were conducted. The senate has condemned strongly, the local government elections conducted in some states across the country describing it as a violation of democratic tenets. This is as it urged the Benue State Independent Electoral Commission to conduct elections in those places where elections did not hold and allow people to choose the representatives of their choice. This...

Autonomy: Senate requests state and local government to comply with Supreme Court judgement

The senate asked states and local governments to immediately comply with the supreme court judgement, particularly relating to local government accounts and the funds given directly to them. Today’s plenary session at the senate got rowdy over enforceability of financial autonomy granted to the 774 Local Government Councils across the country by the supreme court in August, 2024. This followed a motion under orders 41 and 51 of the senate standing rules moved by Sen....

Japa, capital market reforms and flood | SENATE GIST TODAY

While the Senate addressed the worrisome flood disaster in some parts in the country, lawmakers also discussed crucial issues around brain drain which has led to the rising ‘japa’ syndrome. These discussions validated OrderPaper’s Legislative Intelligence Forecast Entry (LIFE) article published earlier.  Senate advances bill to regulate Nigeria’s capital market  The senate on Tuesday passed the second reading of a bill seeking to repeal the Investments and Securities Bill Act 2007. This followed the consideration...

Senate advances bill to regulate Nigeria’s capital market

The bill seeks to repeal the Investments and Securities Act, 2007 and enact the Investments and Securities Act, 2024. The senate has approved the second reading of a bill seeking to repeal the Investments and Securities Bill Act 2007. This followed the consideration of a bill sponsored by Sen. Opeyemi Bamidele and co-sponsored by Sen. Osita Izunaso (APC, Imo West) during Tuesday’s plenary. The bill is titled, “A bill for an Act to repeal the...

LIFE This Week: Bank alarm bells, flood and Niger boat mishap

OrderPaper’s Legislative Intelligence Forecast Entry (LIFE) presents possible discussions on a wide range of issues, including bank alarm bells, that will be addressed in the National Assembly this week. As the National Assembly prepares for another plenary week, it is as usual, poised to engage in extensive deliberations on several pressing matters of national significance. This week, the National Assembly will engage in discussions covering a wide range of issues crucial to Nigeria’s progress and...

South-south bill triggers regional commissions amidst Tinubu’s tax bills | SENATE GIST TODAY

The re-introduction of the south-south development commission bill and request from Tinubu were the issues discussed in the senate today. Senate amends N/W, S/W Commission Laws over leadership positions The Senate has passed for second reading a bill to amend the North West Development Commission Act 2024. The bill seeking to provide for political representation in the Governing Board of the Commission was sponsored by Senator Opeyemi Bamidele (APC, Ekiti Central). Bamidele emphasised that the...

Senate re-introduces south-south development commission bill

While the NDDC addresses the Niger Delta oil producing region in a broad sense, the South-South Development Commission will hone in on the specific developmental, economic, and ecological challenges facing the South South. The senate has passed for second reading, a bill seeking to establish the South-South Development Commission. The commission, when established, will be saddled with the responsibility to receive and manage funds from the federation account allocation and other sources, donations, grants, aids...

Minister summoned as Atiku writes senators | SENATE GIST TODAY

Senate summons Dave Umahi over deplorable road in Oyo state, steps down bill to prescribe licence for private investigators, and Atiku’s proposal for rotational presidency is among the things addressed at the senate today. Senate summons Dave Umahi over deplorable road in Oyo state  The senate has summoned the minister of works, Dave Umahi, over the deplorable state of the old Oyo-Ogbomosho road. This followed a motion of urgent public importance moved by Sen. Abdulfatai...

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