National Assembly

Mar
12
2024
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By Abia ThinkTank
N30 Trillion Ways And Means Payment: Akpabio Charge Adhoc Committee To Go After Everyone

N30 Trillion Ways And Means Payment: Akpabio Charge Adhoc Committee To Go After Everyone

CBN/Commercial Banking, Economy, National Assembly, News Flash
Payment Of N30 Trillion Ways And Means: Go After Everyone, Akpabio To Ad-hoc Committee The President of the Senate, Senator Godswill Akpabio has charged the Committee members investigating the payment of N30 trillion “Ways and Means” secured from the Central Bank of Nigeria, CBN by the immediate past government in the last 10 years not to leave any stone unturned as they must go after those involved. Speaking on Monday in Abuja while inaugurating the 17- member ad-hoc Committee that is probing the humongous N30 trillion ‘Ways and Means’, which was released as loan to the Federal Government during the…
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Mar
07
2024
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By Abia ThinkTank
New Wage Proposed For Nigerian Workers

New Wage Proposed For Nigerian Workers

Columns/Opinions/Letters, Labour, National Assembly, News Flash
New Wage Proposed For Nigerian Workers Nigerian workers may soon be getting a living wage of at least N100,000 if eventually approved by the Federal Government. Lawmakers at the House of Representatives proposed this on Wednesday. The House has also set up an ad-hoc committee to look into modalities for the payment the wage. This move was sequel to the adoption of a motion co-sponsored by 40 lawmakers. Moving the motion, Aliyu Sani Madaki said the country’s inflation rate has made it difficult for an average Nigerian to afford basic needs such as food, water, housing, education, healthcare, transportation, and…
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Mar
04
2024
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By Abia ThinkTank
HOR Call For Arrests Of Binance Executives Over Money Laundering, Naira Crash

HOR Call For Arrests Of Binance Executives Over Money Laundering, Naira Crash

CBN/Commercial Banking, Economy, National Assembly, News Flash
Reps call for arrest of Binance executives over money laundering, naira crash In a desperate move to rescue the naira, federal lawmakers in the House of Representatives have called for the arrest of the executives of cryptocurrency company, Binance, over alleged economic sabotage. This was the resolution of the House Committee on Financial Crimes during its sitting on Monday, March 4. The lawmakers resolved to recommend that the House invokes its powers to subpoena and arrest executives of Binance following their failure to appear before the committee. Chairman of the committee, Ginger Obinna Onwusibe, said executives of the company were…
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Mar
04
2024
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By Abia ThinkTank
Bill Seeks To Stop N’West, S’West, S’South Candidates From Presidential Election In 2027

Bill Seeks To Stop N’West, S’West, S’South Candidates From Presidential Election In 2027

Columns/Opinions/Letters, National Assembly, News Flash, Politics
Bill Seeks To Stop N’West, S’West, S’South Candidates From Presidential Election In 2027 The North-West, South-West and South-South geo-political zones of the country may not field a presidential candidate in the 2027 general election if ongoing moves to alter relevant provisions of the 1999 Constitution (as amended) scales through. Sunday PUNCH exclusively gathered that a bill “For an Act to alter the provisions of the Constitution of the Federal Republic of Nigeria (as amended) to make provisions for rotation of power among the geo-political zones, senatorial zones and federal constituencies in presidential, governorship and senatorial elections in Nigeria,” is currently…
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Feb
29
2024
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By Abia ThinkTank
Senate Approves Tinubu’s Request To Sack Top Govt Official

Senate Approves Tinubu’s Request To Sack Top Govt Official

National Assembly, News Flash, Politics
Senate Approves Tinubu’s Request To Sack Top Govt Official The Senate has endorsed President Bola Tinubu’s sack of Babatunde Irukera as the Chief Executive/Vice Chairman of the Federal Competition and Consumer Protection Commission (FCCPC) The approval of the Senate on Wednesday was a sequel to the consideration of the Executive Communication that the Senate do consider the request of President Bola Tinubu on the removal of Babatunde Irukera as Chief Executive/Vice-Chairman of FCCPC in accordance with Section 8(1)(b) & (2) of the Federal Competition and Consumer Protection Commission Act, 2018 as presented by the Senate Leader, Senator Opeyemi Bamidele, APC,…
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Feb
28
2024
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By Abia ThinkTank
N30bn Allowance : Akpabio Makes U-Turn, Apologises To Governors

N30bn Allowance : Akpabio Makes U-Turn, Apologises To Governors

Economy, National Assembly, News Flash, Politics
N30bn Allowance: Akpabio Makes A U-turn, Apologises To Governors The President of the Senate, Godswill Akpabio, has apologised to the state governors over his comment on the N30bn hardship allowance allegedly given to them. Akpabio had, at a plenary sitting last Tuesday, during deliberation on the Ways and Means collected from the Central Bank of Nigeria by the previous administration, said an “unverified report” indicated that state governors received N30bn each from the Federation Account to cushion the effect of inflation and the high cost of food prices. Last September, the Federal Government said N2bn was released to governors out…
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Feb
27
2024
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By Abia ThinkTank
NLC Protesters Storm National Assembly

NLC Protesters Storm National Assembly

Labour, National Assembly, News Flash
NLC Protesters Storm National Assembly Members of the Nigeria Labour Congress, NLC, have stormed the National Assembly demanding the National Assembly to rescue Nigerian workers. The protesters who came in their numbers chanting “Akpabio come to our aid ” carrying various placards are pleading with the National Assembly to hear their plights. Though they are yet to be addressed by either the Senate President, Godswill Akpabio or the Speaker of the House Tajudeen Abbas.
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Feb
27
2024
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By Abia ThinkTank
Lawmakers’ Salaries Too Small For Job Responsibilities – Deputy Speaker

Lawmakers’ Salaries Too Small For Job Responsibilities – Deputy Speaker

Columns/Opinions/Letters, National Assembly, News Flash, Politics
Lawmakers’ Salaries Too Small For Job Responsibilities – Deputy Speaker The Deputy Speaker of the House of Representatives, Benjamin Kalu, on Monday said the current salaries of federal lawmakers cannot take them home to do the jobs they were elected to do. While stressing that the take home pay of the average lawmaker is a ‘far cry’ from what people insinuate, Kalu called for understanding, saying the call for the slashing of their salary by 50 per cent is not the solution to the current problem. The deputy speaker spoke when he featured on Channels Television’s ‘Politics Today’ on Monday.…
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Feb
22
2024
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By Abia ThinkTank
Senate Passes South East Development Commission Bill

Senate Passes South East Development Commission Bill

Abuja, National Assembly, News Flash, Politics
Senate Passes South East Development Commission Bill The Senate, on Thursday, passed the Bill seeking the establishment of the South East Development Commission. The commission is to be charged with the responsibility of receiving and managing funds from the Federation Account for the reconstruction and rehabilitation of roads, houses, and other infrastructural damages suffered by the region as a result of the effects of the civil war. The Red Chamber took the decision while considering the bill’s clauses at its Committee of the Whole, chaired by the Senate President, Senator Godswill Akpabio. The House of Representatives, on December 21, 2023,…
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