Senate Begins Amendment Of Nigeria’s Local Content Law

Senate Begins Amendment Of Nigeria’s Local Content Law

The Senate has commenced amendment of the Nigerian Oil and Gas Industry Content Development Act 2010, following the consideration of a bill seeking to boost local content and strengthen the nation’s economy.    The Nigerian Oil and Gas Industry Content ...
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Senate Wants Police Force Decentralized

Senate Wants Police Force Decentralized

The Senate has called for the de-centralization of the Nigeria Police Force and the need for community policing as a way of addressing the country’s problem of insecurity.  This formed part of the recommendations of the Senate Ad-hoc Committee on...
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COVID-19: Nigeria Seeks N’Assembly’s Approval For N500b  Intervention Fund

COVID-19: Nigeria Seeks N’Assembly’s Approval For N500b Intervention Fund

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund. Mrs Zainab, with...
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Senate Mulls Downward Review Of 2020 Budget

Senate Mulls Downward Review Of 2020 Budget

The Senate on Tuesday said it may consider a downward review of 2020 budget of N10.5 trillion passed by the National Assembly and assented by President Muhammadu Buhari.The Senate resolution followed adoption of recommendations of its joint committees on Finan...
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Reps To Invite Minister, SON, Others Over Influx Of Fake Products

Reps To Invite Minister, SON, Others Over Influx Of Fake Products

The House of Representatives has resolved to invite the Minister of Industry, Trade and Investment, the Director-General, Standard Organisation of Nigeria (SON) and the Director-General, Federal Competition and Consumer Protection Commission over influx of sub...
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Senate Passes Companies And Allied Matters Amendment Bill

Senate Passes Companies And Allied Matters Amendment Bill

The Senate on Tuesday passed the Companied and Allied Matters Act amendment bill, 2020.The passage of the bill by the upper chamber was sequel to a clause-by-clause consideration of the bill in a committee of the whole.The piece of legislation...
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Senate Approves FG’s $22.7b Loan Request

Senate Approves FG’s $22.7b Loan Request

The Senate on Thursday,  approved 22.7 billion dollars as external borrowing plan for Nigeria out of the 22.8 billion requested by President Muhammadu Buhari.This followed the adoption of the report of the Committee on Local and Foreign Debts on the...
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Kogi Secures National Assembly Approval For $100m Loan

Kogi Secures National Assembly Approval For $100m Loan

The Kogi State government secured the approval of the National Assembly to obtain a foreign loan of $100 million (N36 billion).The state Commissioner for Information and Communication, Mr Kingsley Fanwo, confirmed this to Journalists in Lokoja on Thursday.Àcc...
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Reps Approve N346.3b NDDC 2019 Budget

Reps Approve N346.3b NDDC 2019 Budget

The House of  Representatives has passed the 2019 Appropriation bill of N346.388 billion for the Niger Delta Development Commission (NDDC), for its 2019 operations.This was sequel to a unanimous adoption of a report on the bill by the NDDC Chairman,...
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Coronavirus: Lufthansa Cuts Capacity By 150 Planes

Coronavirus: Lufthansa Cuts Capacity By 150 Planes

German airline Lufthansa, on Wednesday said it would be cutting its capacity by the equivalent of 150 passenger planes in the face of plummeting demand due to the coronavirus epidemic.Lufthansa’s Frankfurt Head Office said it would make the cuts to...
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South-West Development Commission Bill Scales Second Reading In Senate

South-West Development Commission Bill Scales Second Reading In Senate

A bill seeking to establish the South-West Development Commission on Wednesday scaled second reading in the Senate.The bill, which was sponsored by Senator Ibikunle Amosun (APC – Ogun Central), “is an attempt to address the dwindling fortunes of the South....
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Lawan: Agriculture, A Viable Means For Job Creation

Lawan: Agriculture, A Viable Means For Job Creation

President of the Senate, Ahmad Lawan, has said agriculture remains a viable means for employment creation in Nigeria.According to him, substantial investment in the sector by the Federal Government would guarantee food security for the country.Lawan stated thi...
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National Assembly Committee Backs Deep Blue Project

National Assembly Committee Backs Deep Blue Project

The Integrated Security and Waterways Protection Infrastructure, commonly called the Deep Blue Project, received rave reviews on Tuesday from members of the House of Representatives Committee on Maritime Safety, Education and Administration during an oversight...
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Nigeria Proposes Bill To Ban Plastics

Nigeria Proposes Bill To Ban Plastics

The National Assembly and the Federal Ministry of Environment are putting the finishing touches to a bill meant to prohibit the production of plastics, which pollute the environment.  A member of the Senate Committee on Marine Transport, Senator Tolulope ...
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