A review of the Federal Competition and Consumer Protection Commission (FCCPC) Act has shown that President Bola Tinubu may have breached the law in his decision to unilaterally remove the agency’s Executive Vice Chairman, Babatunde Irukera. According to the Act, the president cannot unilaterally sack the FCCPC head without resorting to the Senate. The president’s Read More…
In a significant move, the Senate has approved the N28.7 trillion 2024 Appropriation Bill, marking an increase from the initially proposed N27.5 trillion by President Bola Tinubu, with an additional N1.2 trillion allocated. The approval followed the endorsement of the Senate Committee on Appropriation’s report during Saturday’s plenary session in Abuja. According to Sen. Solomon Read More…
The Senate recently passed a resolution imploring organised labour to halt the ongoing national strike for the sake of the country’s interests. The motion, championed by Sen. Opeyemi Bamidele, emphasised the need for reconsideration amidst the escalating strike initiated by the Nigeria Labour Congress (NLC), Trade Union Congress (TUC), Academic Staff Union of Universities, and Read More…
The Senate has successfully passed a bill seeking to amend the Cyber Crimes Act of 2015 during its plenary session on Wednesday. The bill, presented by Sen. Shehu Buba (APC – Bauchi), received consideration and approval, marking a significant step in the legislative process. Sen. Shehu Buba explained that the primary objective of the bill Read More…
The College of Serving and Former Federal Lawmakers, operating as ‘The Initiatives,’ has lauded the inaugural strides of the 10th Senate, asserting that this upper chamber is far from being a mere rubber-stamp legislature. Contrary to apprehensions that the Senate, led by Godswill Akpabio, might serve as a mere extension of the executive branch, the Read More…
Nigeria’s President, Bola Tinubu, made a request to the Senate on Thursday to approve a N62 billion ($800 million) loan from the World Bank. The loan aims to fund a social programme aimed at easing the impact of high fuel prices following the removal of a popular but costly petrol subsidy. In a letter to Read More…
Following concerns from some legislators, the Nigerian Senate on Wednesday increased the country’s 2023 budget by 6.4% to ₦21.83 trillion ($49 billion) and postponed a decision on the president’s request to convert central bank overdrafts to long-term bonds. President Muhammadu Buhari had previously requested permission from the legislature in a letter dated December 20 to Read More…
The Senate passed the second reading of the Federal Inland Revenue Service (FIRS) (Establishment) Bill, 2022, on Tuesday. Sen. Yahaya Abdullahi (PDP-Kebbi North), the bill’s sponsor, gave the lead debate on the bill’s fundamental ideas at plenary. Abdullahi, who presented the debate, stated that the bill aimed to alter the FIRS (establishment) Act, No. 13, Read More…
According to a Senate report released on Tuesday, Nigeria lost more than $2 billion to oil theft in the first eight months of this year. Large-scale theft from Nigeria’s pipelines has slowed exports, forced some businesses to halt production, destroyed the nation’s finances, and forced Nigeria to relinquish its position as Africa’s top oil producer. Read More…
For repeatedly failing to appear before its Panel on Public Accounts over a $5million probe, the Senate has ordered the arrest of the Director-General of the Nigerian Maritime and Safety Agency (NIMASA), Dr Bashir Jamoh. The $5m was allegedly paid by NIMASA to a legal firm as a professional fee for the recovery of a Read More…
