Saturday, September 22, 2018

Tag "national assembly"

    I respect Obasanjo but he introduced bribery to the national assembly, says Melaye

I respect Obasanjo but he introduced bribery to the national assembly, says Melaye

Dino Melaye, a senator from Kogi west, has described former President Olusegun Obasanjo's letter to the national assembly as a misplacement anger, accusing him of introducing corruption into the national assembly.Obasanjo had written a letter to the national assembly accusing it of insincerity for its planned purchase of 469 cars worth N4.7bn.But Melaye, in a riposte on Thursday, said the [...]

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    Fresh N3.9bn for villa, N795m for website… all the budget alterations

Fresh N3.9bn for villa, N795m for website… all the budget alterations

Controversies over the 2016 budget may have just begun, with a fresh N3.9 billion injected into the second version of the budget presented by Ita Enang, special adviser to President Muhammadu Buhari on national assembly matters (senate).On December 22, 2015, the president had presented the appropriation bill before a joint session of the national assembly, and was well received as [...]

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    PDP asks national assembly to impeach Buhari

PDP asks national assembly to impeach Buhari

Peoples Democratic Party (PDP) has asked the national assembly to “commence the impeachment of President Muhammedu Buhari for the various constitutional breaches, especially the submission of two versions of the 2016 budget".The party made the demand after its national working committee meeting in Abuja on Thursday.The party urged the national assembly to "thoroughly investigate the shameful act, including  the distortion and banding of  [...]

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    Budget 2016 ‘missing’ from national assembly

Budget 2016 ‘missing’ from national assembly

The 2016 budget presented to the national assembly on December 22, 2015 by President Muhammadu buhari is currently not with the federal legislature, TheCable can report.A top official of the national assembly, who did not want to be named, told TheCable that the "missing budget" was the crux of the discussion at Tuesday's executive session of the senate, which lasted more than [...]

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    We’ll hold you to every word, Dogara tells Buhari

We’ll hold you to every word, Dogara tells Buhari

Yakubu Dogara, speaker of the house of representatives, says the national assembly will hold President Muhammadu Buhari to every word and provision in the 2016 budget.Buhari had presented a N6.08 trillion budget before a joint session of the national assembly on Tuesday.In his presentation, the president projected a capital expenditure of N1.8trn, which is 30 percent of the total budget.He [...]

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    PMB budgets N500bn for ‘vulnerable Nigerians’

PMB budgets N500bn for ‘vulnerable Nigerians’

The federal government has proposed N500bn for social welfare programmes in the 2016 fiscal year.This proposal was stated in a letter containing the Medium Term Expenditure Framework (MTEF) sent to the national assembly by President Muhammadu Buhari.Senate President Bukola Saraki read the letter on the floor of the upper legislative chamber on Tuesday.The social programmes, which will be coordinated with [...]

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    Protest at n’assembly over ‘social media bill’

Protest at n’assembly over ‘social media bill’

Hundreds of protesters on Tuesday besieged the national assembly complex over the "anti-social media bill" introduced by Bala Na’Allah, deputy senate leader, which passed second reading at the senate on December 2.The bill, among other things, prescribes a two-year jail term for anyone who makes false allegations against or offensive remarks about other people on social media.Many Nigerians have interpreted [...]

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    Fuel scarcity will not happen again, says FG

Fuel scarcity will not happen again, says FG

Federal government has assured Nigerians that the current fuel scarcity in the country will be over in a matter of days, vowing that the situation will not happen again. “We can confidently announce here today that the scarcity will end in a few days. Subsidy payment till the end of the year has been approved by the national assembly. As you [...]

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    Mark: Under me, n’assembly sent unspent N7bn to Yar’Adua

Mark: Under me, n’assembly sent unspent N7bn to Yar’Adua

Breaking his silence over demands for the opening of the national assembly budget, David Mark, immediate past president of the senate, has said the legislature under him was so transparent and patriotic that it was the first arm of government to return the sum of N7 billion to the president.In a statement released on Monday, Mark stated that there was no secrecy [...]

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    ‘When your sugar mummy is a senator’ and other reactions to N9bn wardrobe allowance

‘When your sugar mummy is a senator’ and other reactions to N9bn wardrobe allowance

Thousands of Nigerians have taken to social media to call to question the logic behind the N9 billion wardrobe allowance for members of the 8th national assembly as reported in the media.THISDAY earlier reported that the 469 federal lawmakers in both chambers were billed to get a sum of N8.64 billion to furnish their wardrobes.The N8.64 billion wardrobe allowance translates [...]

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    Jonathan takes national assembly to court

Jonathan takes national assembly to court

President Goodluck Jonathan has approached the Supreme Court of Nigeria to void any attempt by the national assembly to pass into law the 2015 constitution amendment bill.Jonathan had rejected amendments made by the national assembly to the 1999 constitution, citing 12 errors in the amendment bill.The 1999 constitution amendment bill, which made provisions for independent candidature as well as the [...]

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    National assembly approves $53-per-barrel oil benchmark

National assembly approves $53-per-barrel oil benchmark

The national assembly on Thursday approved an oil benchmark of $53 per barrel for the 2015 budget.The approval of the new oil benchmark follows the presentation of the report of the conference committee on the 2015-2017 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) by Ahmed Makarfi (Kaduna north), chairman senate committee on finance.The finance committees of the [...]

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    FG sets budget 2015 on $65-per-barrel oil price

FG sets budget 2015 on $65-per-barrel oil price

Ngozi-Okonjo-Iweala, the coordinating minister of the economy and minister of finance, on Wednesday laid the 2015 budget before both chambers of the national assembly.The budget rests on a benchmark oil price of $65 a barrel and the production forecast for oil was set at 2.27 million barrels per day.“I have laid the budget on behalf of his Excellency, Mr. President," [...]

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    National assembly tear-gassing, Tambuwal’s ‘sacrifice’…10 things to note about last week

National assembly tear-gassing, Tambuwal’s ‘sacrifice’…10 things to note about last week

As the battles for 2015 and 2016 electoral positions in Nigeria and the United States respectively continue drawing more attention, drama in both nations and other parts of the world have assumed some really interesting dimensions. It was some sort of chaos in Nigeria, dictatorial tendencies in the US, military in civilian clothing in Burkina Faso and fiery opposition in Zambia. Politics [...]

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    Protesters set Burkina Faso’s parliamentary building on fire

Protesters set Burkina Faso’s parliamentary building on fire

Protesters in Burkina Faso on Thursday stormed the national assembly complex in Ouagadougou, capital of the country, chanting anti-government songs and disrupting proceedings of the lawmakers.Witness told Reuters that the police initially succeeded in using tear gas canisters to disperse the mob, but they regrouped in larger numbers and broke into the building, setting parts of it on fire.The protesters had taken to [...]

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    Governors reject autonomy for LGAs

Governors reject autonomy for LGAs

The two factions of the Nigerian Governors Forum (NGF) have rejected the national assembly's proposal granting autonomy to local governments.In separate reactions, the two factions, led by Rotimi Amaechi, governor of Rivers state, and Jonah Jang, governor of Plateau state, said the proposed autonomy for local governments in the country was not in line with the operation of a federal [...]

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Exchange Rates

September 21, 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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