Tuesday, September 25, 2018

Tag "house of representatives"

    Okorocha’s ‘amnesty’ to wanted persons splits lawmakers

Okorocha’s ‘amnesty’ to wanted persons splits lawmakers

Members of the house of representatives were divided on Tuesday over the amnesty reportedly granted by Rochas Okorocha, governor of Imo state, to some criminal suspects declared wanted by the Rivers state government.Last week, Nyesom Wike, governor of Rivers, had said: "That amnesty offered by Governor Okorocha cannot cover Rivers state. These criminals are still wanted for their crimes against [...]

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    Reps accuse Malami, Magu of manipulating justice system

Reps accuse Malami, Magu of manipulating justice system

The house of representatives has accused Abubakar Malami, attorney-general of the federation (AGF), and Ibrahim Magu, acting chairman of the Economic and Financial Commission (EFCC) of manipulating the country's legal system.The resolution of the house was sequel to a motion sponsored by Yakubu Barde, minority whip.While moving the motion on the floor of the house on Thursday, Barde spoke about [...]

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    EFCC recovered N511.9bn in 2017, says Magu

EFCC recovered N511.9bn in 2017, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the commission recovered about N511.9 billion in 2017.Magu said this on Monday when he appeared before a budget defence session organised by the house of representatives committee on financial crimes.He listed the monies recovered to include N473.065 billion, $89,258,124.97, £294,851.82, €7,247,363.75, 443,400 dirhams and 70,500.00 South African [...]

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    Reps panel: $202m — NOT $44m — unaccounted for at NIA

Reps panel: $202m — NOT $44m — unaccounted for at NIA

A total of $202 million is missing from the coffers of the National Intelligence Agency (NIA), a house of representatives committee has said.Addressing reporters in Abuja, Aminu Jaji, chairman of the committee on public safety and national security, said the agency is unable to account for the money.About $44m reportedly got missing in the vault of the agency, months after NIA was [...]

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    Reps divided over $1bn insurgency fund

Reps divided over $1bn insurgency fund

Members of the lower legislative chamber of the national assembly were divided on Thursday over a motion to deduct 13 percent derivation from the $1 billion approved for the fight against insurgency and general security in the country.The bill, introduced by Ken Chikere, from Rivers state, seeks to ensure that the 13 percent derivation is given to oil-producing states in [...]

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    Reps move for completion of Otukpo-Ajaokuta rail project — awarded under Shagari

Reps move for completion of Otukpo-Ajaokuta rail project — awarded under Shagari

The house of representatives has called for the completion of the Otukpo-Ajaokuta railway project started by the administration of ex-President Shehu Shagari.It said the project should be included in the 2018 budget estimates.The call was sequel to a motion titled ‘Need to complete Otukpo-Ajaokuta railway project’ introduced during plenary on Wednesday by Hassan Omale, from Kogi state.The rail project, which [...]

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    Reps ask minister to address ‘perpetual darkness’ on FCT roads

Reps ask minister to address ‘perpetual darkness’ on FCT roads

The house of representatives has asked Muhammed Bello, minister of federal capital territory, to address the “perpetual darkness” across the federal capital territory.The directive followed a motion raised on Monday by Rotimi Agunsoye, lawmaker from Lagos, on the need to address the darkness on major streets and roads in the FCT.Agunsoye said the usual darkness in the FCT at night [...]

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    Reps seek to phase out fish importation in two years

Reps seek to phase out fish importation in two years

The house of representatives has proposed a phased ban on importation of fish and fish products in the country.At its plenary session on Wednesday, the house proposed that a framework should be put in place to make Nigeria self-sufficient in fish production in the next two years.A motion on the matter was introduced by Tasir Raji, a lawmaker from Lagos state.Raji [...]

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    2019: Reps amend electoral act, say presidential poll should hold last

2019: Reps amend electoral act, say presidential poll should hold last

The house of representatives has amended the electoral act, 2010.The lawmakers proposed that presidential election should be held last after state governorship and house of assembly elections.The first election to be conducted, in the new order, would be that of the national assembly.The amendment followed the adoption of the report of the committee on electoral matters chaired by Aisha Dukku, [...]

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    PIGB will check outright stealing in oil sector, says NEITI

PIGB will check outright stealing in oil sector, says NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the passage of the petroleum industry governance bill (PIGB) will bring about professionalism and accountability in the oil sector.In a statement on Sunday, Orji Ogbonnaya Orji, its director of communications and advocacy, the organisation commended the senate and the house of representatives for passing the bill into law.Prior to its passage, the [...]

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    Dogara asks: Are Nigerians still having hangover of military rule?

Dogara asks: Are Nigerians still having hangover of military rule?

Yakubu Dogara, speaker of the house of representatives, says it looks as if Nigerians are still having a hangover of military rule.Speaking on Saturday at a retreat organised for reporters covering the lower legislative chamber, the speaker said some Nigerians have not come to the reality of the legislature's role in a democracy."Almost two decades after Nigeria returned to civil rule, it [...]

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    Reps reject ‘inadequate’ police budget

Reps reject ‘inadequate’ police budget

The house of representatives has rejected the 2018 budget estimate of the Nigerian police force on the grounds that it is “inadequate.”Appearing before the house committee on police affairs, on Wednesday, Ibrahim Idris, inspector-general of police, was asked to mop up the budget estimate to meet the required standards.The N332 billion estimated budget comprises 10 percent for overhead and capital [...]

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    PIGB: Dogara asks Buhari to ‘act fast’ as Saraki sees end to fuel scarcity

PIGB: Dogara asks Buhari to ‘act fast’ as Saraki sees end to fuel scarcity

Yakubu Dogara, speaker of the house of representatives, has asked President Muhammadu Buhari to, as a matter of urgency, sign into law the petroleum industry governance bills (PIGB) passed by the lower legislative chamber when it is harmonised with the senate and transmitted to him.The green chamber passed the legislation on Wednesday.Dogara said the new legislation will be transmitted to the president [...]

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    Reps summon Kachikwu, Baru to shed light on fuel subsidy payment 

Reps summon Kachikwu, Baru to shed light on fuel subsidy payment 

The house of representatives has summoned Ibe Kachikwu, minister of state for petroleum resources, over the reported payment of fuel subsidy by the Nigerian National Petroleum Commission (NNPC).The lawmakers also summoned Maikanti Baru, NNPC group managing director, over the issue.The summon followed a motion on 'Urgent need to investigate the fuel subsidy payment by the NNPC’ introduced by Karimi Sunday, [...]

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    Dogara laments: All is not well… Nigeria is now being painted red with blood

Dogara laments: All is not well… Nigeria is now being painted red with blood

Yakubu Dogara, speaker of the house of representatives, has lamented the killings in various parts of the country.In his address to lawmakers when they resumed from recess on Tuesday, Dogara frowned at the violence in Benue, Taraba, Kaduna, Rivers, Zamfara, and Adamawa states."Indeed at no time in the recent past has the nation’s peace and unity been so vigorously [...]

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    Reps probe ‘disappearance’ of $44m from NIA vault

Reps probe ‘disappearance’ of $44m from NIA vault

The house of representatives on Tuesday resolved to probe the reported disappearance of $44 million from the coffers of the National Intelligence Agency (NIA).The money was said to have been moved from the coffers of the agency to an unknown destination shortly after Ahmed Abubakar was appointed its new director-general.A similar incident had led to the dismissal of Ayo Oke, [...]

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Exchange Rates

September 24, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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