Debunks State Creation Rumours The Senate will on Wednesday, July 24, hold a special session in honour of the late former President Muhammadu Buhari, who passed away on July 13 at the age of 82 In a tribute to the former leader, the Senate said the session would reflect on Buhari’s contributions to national development…
Senate President, Godswill Akpabio, has said that lawmakers serve to sacrifice for future generations rather than to enrich themselves. Akpabio disclosed this during Wednesday’s plenary, while contributing to a debate on the general principles of the bill for an Act to amend the Electricity Act, 2023. The bill was sponsored by the Chairman of the…
Lawmakers in a debate warned that CBEX’s collapse had devastating financial and psychological consequences. The Senate has mandated a joint committee to investigate the alarming rise of Ponzi schemes across the country, following the collapse of the Crypto Bullion Exchange (CBEX), which has reportedly defrauded investors of over ₦1.3 trillion. The decision followed a motion…
The Senate has passed a bill seeking the establishment of the Bitumen Development Commission, to advance harnessing of the country’s vast bitumen resources. The bill, sponsored by Senator Jimoh Ibrahim (APC, Ondo South), received third reading approval on Wednesday following the adoption of a report presented by the Senate committee on Solid minerals development. Presenting…
This latest prolongation followed President Bola Tinubu’s initial request granted last year to push the deadline from December 31, 2024, to June 30, 2025 In a move to safeguard ongoing federal projects, the Senate has approved a second extension of the capital component of the 2024 Budget, resetting its expiration to December 31, 2025. The…
The Senate on Wednesday called on the Federal Ministry of Communications, Innovation and Digital Economy to engage telecommunications operators to consider reviewing the costs of data and other internet-related services for their teeming subscribers. This resolution followed a motion on the “Urgent Need to Address the Increased Cost of Data Services in Nigeria” sponsored by…
The Senate on Tuesday officially confirmed the appointment of Professor Melvin D. Ayogu as a member of the Central Bank of Nigeria Board of Directors. Ayogu, an indigene of Enugu State, is a Professor of Economics at the University of Cape Town, South Africa. The appointment was approved following the presentation and subsequent review by…
By Akintunde Bello Sheriff *Dear Ladies and Gentlemen especially from across the 10 local governments in Osun West Senatorial District, You will recall that I had informed few days ago that I was going to enumerate the candidates of my choices for elective offices of 2023 to the National Assembly, however i was counseled to…
