The Senate has inaugurated an ad hoc committee to conduct a thorough investigation into the 30trn Ways and Means, in response to mounting concerns over the purported spending by the previous administration. The Ad hoc Committee chaired by Senator Isah Jibrin, (APC, Kogi East) and vice-chaired by Senator Sahabi Ya’u (PDP, Zamfara North) has been tasked with unravelling the mysteries surrounding the alleged spending. The committee is also expected to ensure accountability in the use...
The Northern Senators forum chaired by Senator Ningi said the unexplained increase in the 2024 budget was unacceptable and questionable. The Northern Senators Forum has alleged that its consultants have uncovered N3trillion unexplained increase in the N28 trillion 2024 budget previously signed by President Bola Tinubu. The inexplicable increase, which was biassed against Nigeria in general and the North in particular, was deemed unacceptable by the forum. This was stated by the forum’s chairman, Senator...
According to the World Bank collection of development indicators, compiled from officially recognized sources, access to electricity in Nigeria was reported to be at 59.5 % in 2021. In recent years, the power sector in Nigeria has been faced with several challenges related to electricity policy enforcement, transmission system constraints, and major power sector planning shortfalls. This has majorly been a result of the country’s poor transmission network and incessant collapse of the national grid...
The Senate called on the Federal Government and other authorities to invest in surveillance technology and equipment to solve the security challenges in the country. The Senate has called on the Federal Government and other authorities to invest in surveillance technology and equipment to detect and forestall the recurrence of terrorism, as it condemned in strong terms the recent attacks on Benue communities by terrorists. The Red Chamber also called on the Inspector General of...
Cyprian was expelled from the University of Abuja on grounds of an alleged plan to protest against the proposed fees hike. The Senate has urged the Vice Chancellor of the University of Abuja to reinstate Igwe Chukwuemeka Cyprian as a bona-fide student of the University. This is as it mandated the University to restore his access to the students portal and recommend him for mobilisation of the NYSC programme, having received an apology letter from...
Despite Oronsaye’s report seeking to cut down the number of government agencies to reduce unnecessary wastage in the country’s expenditure, the Senate is keen on ignoring these recommendations. The Senate is set to establish a University of Education in Adamawa State as against the Oronsaye report which seeks to scrap and merge some government agencies to reduce unnecessary wastage in the country’s expenditure. This revelation was made in a bill titled, “A bill for an...
By securitising ways and means, rather than paying back to the CBN, the Federal Government simply places too much money in the capital market, thereby creating the availability of more funds in the economy and fuelling inflation. The 10th National Assembly is set to investigate the Ways and Means approved by the last government as it, on Tuesday, set up an ad hoc committee, chaired by Senator Jibrin Isah (APC, Kogi East), to probe the...
The budget office will ensure to scrutinise budget estimates of the executive and monitor the implementation of annual budget estimates. The Senate has passed for a second reading a Bill seeking to establish the National Assembly Budget and Research Office (NABRO). The bill titled, “A Bill for an Act to establish the National Assembly Budget and Research Office which provides the National Assembly with objective, timely and non-partisan analysis needed for economic and budget decisions...
The controversial bill had faced several setbacks in the 8th and 9th Assemblies before its eventually passage. The Senate has finally agreed to extend the retirement age of civil servants working in the National Assembly. The bill, which has been passed by the House of Representatives seeks to increase the retirement age to 65 years or 40 years of service, whichever comes first as against the current law that prescribes 60 years of age or...
24 hours prior to Senator Isah’s proposal, he and Senator Tony Nwoye engaged in a contentious dispute concerning the satus of Kogi state as an oil-producing state receiving 13% of its revenue. The Senate has affirmed Kogi State as an oil producing state receiving 13% derivation as stipulated for by section 162(2) of the 1999 Constitution (as amended). Affirmation of Kogi as an oil producing state receiving 13% derivation by the Senate was sequel to...
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