Tag: Senate

  • BREAKING: Senate bars first-term senators from running for Senate president, deputy

    BREAKING: Senate bars first-term senators from running for Senate president, deputy

    The Senate on Tuesday, October 3, amended its standing orders to effectively stop first-term senators from vying for the position of Senate president and deputy Senate president.

    This move by the Senate came a few months after Senator Abdulaziz Yari, a first-term senator who had earlier served in the House of Representatives, contested against Senator Godswill Akpabio for the position of Senate president.

    With the new amendment to the standing orders of the Senate, first-term senators are now excluded from those qualified or eligible to contest for the position of presiding officers of the Red Chambers.

    Read Also: Senate report on keeping foreign corruption out of the US

    The amendment of rule 3(2) (1-3) of the Senate Standing Orders followed a motion moved by the Senate Leader, Senator Opeyemi Bamidele (APC – Ekiti Central).

    The motion was titled: “Amendment of the Standing Orders of the Senate pursuant to Order 109 of the Senate Standing Orders, 2022 (As Amended).”

    Rule 3 of the Senate Standing Orders as amended now stipulates that any senator wishing to contest for the position of the Senate President and Deputy Senate President must have spent a minimum of one term in the senate.

    The Senate also amended its rules and created an additional nine Standing Committees.

    The Senate presently has 74 Standing Committees.

    Details shortly…

  • Senate report on keeping foreign corruption out of the US

    Senate report on keeping foreign corruption out of the US

    Senate report on keeping foreign corruption out of the US

  • Senate moves to bar CBN govs from partisan politics

    Senate moves to bar CBN govs from partisan politics

    The Senate has commenced moves to bar any sitting Governor of the Central Bank of Nigeria (CBN) from engaging in partisan politics or contesting elections while in office.

    The immediate past Governor of the CBN, Godwin Emefiele, had attempted to contest the 2023 presidential primaries of the All Progressives Congress (APC) while in office.

    The move was widely condemned by Nigerians who wondered how a serving public servant could seek an elective office contrary to extant provisions of the constitution.

    The action of the Senate is contained in a bill which seeks to amend the Central Bank of Nigeria Act 2007 which was read for the first time on Tuesday last week.

    The bill, titled: “Central Bank of Nigeria (Establishment) (Amendment) Bill 2023” is sponsored by Senator Steve Karimi (APC – Kogi West).

    Karimi explained in the explanatory memorandum of the bill that “This bill is aimed at amending the Central Bank of Nigeria (Establishment) Act 2007 to allow for greater accountability and transparency in the running of the Central Bank and to prohibit the use of foreign currency in local transactions in Nigeria.”

    A new amendment proposed to the bill in section 9(2) reads: “Notwithstanding the Provisions of this Act or any written law in existence, the Governor and the Deputy Governor of the Bank shall not participate directly or indirectly in partisan politics, nor contest any election, during their tenure in office.”

    Read Also: Expectations for new cbn leadership

    The bill among others also seeks to prohibit the use of foreign currency for domestic transactions in Nigeria.

    The bill seeks amendment of Section 20 of the CBN Act, by inserting Section 20(A) immediately after the existing

    Section 20, before the existing Section 21.

    The proposed amendment reads: “20(A) Prohibition of the use of foreign currency in democratic transactions:

    “(1) No person or body corporate shall use any foreign currency as a means of exchange for goods, services and other transactions in markets supermarkets, hotels, restaurants, airports and other places of business in Nigeria except by a Bank, licensed Bureau De Change and other financial institutions duly authorized by the Central Bank of Nigeria to trade, deal and use such currency and no individual or business entity in Nigeria shall advertise, denominate or price its goods or services in any currency other than the Nigerian Naira and Kobo.

    “(2) Any person who contravenes subsection (1) of this section commits an offence and shall be liable on conviction to: (a) in the case of an individual, to a fine of N250,000.00 or a term of imprisonment not exceeding six months or both such fine and imprisonment;

    “(b) In the case of a corporate entity to a fine of N1,000,000 and a conviction of

    three months to its officers or directors who authorized or undertook the transaction.”

  • Senate, House push ahead to avert American federal shutdown

    Senate, House push ahead to avert American federal shutdown

    As the Senate marches ahead with a bipartisan approach to prevent a government shutdown, House Speaker Kevin McCarthy is back to square one — asking his hard-right Republicans to do what they have said they would never do: approve their own temporary House measure to keep the government open.

    The Republican speaker laid out his strategy yesterday behind closed doors, urging his unruly Republican majority to work together. He set up a test vote Friday, one day before Saturday’s shutdown deadline, on a far-right bill.

    It would slash federal spending by 8% from many agencies and toughen border security but has been rejected by President Joe Biden, Democrats and his own right-flank Republicans.

    “I want to solve the problem,” McCarthy told reporters afterward at the Capitol.

    But pressed on how he would pass a partisan Republican spending plan that even his own right flank doesn’t want, McCarthy had few answers. He rejected outright the Senate’s bipartisan bill, which would fund the government to Nov. 17, adding $6 billion for Ukraine and $6 billion for U.S. disaster relief while talks continue. Instead, he insisted, as he often does, that he would never quit trying.

    Congress is at a crossroads days before a disruptive federal shutdown that would halt paychecks for millions of federal workers and the military, close down many federal offices, and leave Americans who rely on the government in ways large and small in the lurch.

    Read Also: Bago to youths: I will arrest you and your parents if you protest over IBB varsity

    As the Senate pushes ahead in bipartisan fashion, McCarthy is demanding that Biden meet to discuss border security measures.

    But the beleaguered speaker has little leverage left with the White House without the power of his House majority behind him and after he walked away from the debt deal he and Biden reached earlier this year that is now law. On the other side of the Capitol, Senate Majority Leader Chuck Schumer opened the chamber warning of the right-wing extremes that “seem to exult in shutting down government.” Schumer said: “A reckless shutdown will serve no purpose.”

     The Senate Republican leader Mitch McConnell was in rare agreement with the Democratic leader, urging his House colleagues to consider the Senate’s stopgap approach that keeps funding at current levels, along with bolstered money for Ukraine and U.S. disaster relief, and move off the shutdown strategy.

    “We can take the standard approach and fund the government for six weeks at the current rate of operations or we can shut the government down in exchange for zero meaningful progress on policy,” McConnell said.

    McConnell said he, too, would like to do something about the “Democrats’ reckless spending” and boost border security. But “these important discussions cannot progress” if the functions of government “end up being taken hostage.”

  • BREAKING: Senate confirms Cardoso, four others as CBN governor, deputies

    BREAKING: Senate confirms Cardoso, four others as CBN governor, deputies

    The Senate on Tuesday, September 26, confirmed the nomination of Olayemi Cardoso for appointment as governor of the Central Bank of Nigeria (CBN).

    Read Also: What Cardoso should do as CBN helmsman, by experts

    The Senate also confirmed the nomination of Mrs. Emem Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor and Dr. Bala M. Bello, for appointment as Deputy Governors of the apex bank.

    Details shortly…

  • BREAKING: Senate screens Cardoso for CBN Governor, four Deputies

    BREAKING: Senate screens Cardoso for CBN Governor, four Deputies

    The Senate has begun the screening of Dr Olayemi Cardoso for appointment as Governor of the Central Bank of Nigeria (CBN).

    Also being screened with Cardoso are four CBN Deputy Governor nominees namely: Mrs. Emem Nnana Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor and Dr. Bala M. Bello.

    Read Also: What Cardoso should do as CBN helmsman, by experts

    Details shortly…

  • UPDATED: Akpabio seeks support as Senate resumes plenary

    UPDATED: Akpabio seeks support as Senate resumes plenary

    Senate President Godswill Akpabio on Monday, September 26, called on his colleagues to be united and support his administration in the interest of national development.

    Akpabio made the plea in his speech during the resumption of plenary after six weeks of annual vacation.

    He led a procession of principal officers into the chamber at about 11.40 am after which he said the opening prayers.

    He welcomed Senators from vacation and called for their cooperation to enable the 10th Senate to move the country forward.

    The call for unity by Akpabio comes amid rumours of planned impeachment moves against the Senate President by some aggrieved Senators.

    The Senate president said though opinions may differ their common purpose is to work for the welfare of their constituents and indeed the entire country.

    He appealed to all aggrieved lawmakers to sheath their swords and cooperate with his leadership.

    He insisted that the progress the country requires at the moment could only be achieved in a state of unity.

    Akpabio said: “As we resume to embark on our legislative functions and engagements, I encourage open and constructive dialogue, cooperation, and a spirit of unity on all matters of national significance, as it is through such discourse, that we can achieve the best outcomes for all Nigerian citizens.

    “As you go about your official legislative duties be reminded, that although our opinions may differ, our common purpose is to advance the well-being of our constituents and our nation.

    “In the coming days and weeks, we will address pressing issues, debate legislations, and strive to find common grounds that will move our nation forward expeditiously.

    “I have no doubt that your dedication, wisdom, and integrity will shine through in all your endeavours.

    “Evidently, as with all democratic institutions, there are concerns at various levels of governance, while dissent and differing opinions are integral to our democratic process, I urge us all to focus on the greater good of our nation, anchored on the pursuit of our common good, interests of our constituents and protection of our fledgling democracy.

    “In the face of rising poverty, insecurity, and public agitation for good governance, it is imperative that we set aside personal differences and work together with renewed patriotism and dedication to nationhood.

    “The challenges before us require unity, cooperation, and steadfast commitment to addressing the issues that affect the lives of all Nigerian citizens, mindful of the fact that the responsibilities we bear are weighty and that our decisions impact the lives and livelihoods of countless Nigerian citizens.

    “On this backdrop, I call on all of us to commit our efforts and actions solely to the advancement of our dear Country Nigeria, by demonstrating against all odds and sentiments, that we are resolute in our determination to surmount the challenges that have limited our progress and prosperity in the past years.

    “Be mindful that our constituents look to us for leadership and hope, and we must not falter in fulfilling our responsibilities to them.

    “Lastly, I encourage us all to put the interests of our great nation first, by upholding the principles of democracy in all engagements, processes, and procedures and working diligently towards a more secure, prosperous, and united Nigeria.

    “Together, we can overcome all challenges and build the Nigeria of our dreams.

    “It is on this patriotic stand of a united body that I welcome you back to this 2nd quarter of our 2023 legislative session as we work cohesively and tirelessly towards the collective goal of raising the bar of the legislature to a new height of rounded excellence.

    “Finally, it is my fervent prayer that together, by the special grace and mercy of God Almighty, we shall deliver on our journey of public service, with unwavering commitment and diligence to the joy and prosperity of all Nigerians.”

    Read Also: Tinubu steering Nigeria through turbulent waters, says Akpabio

     The Senate thereafter dissolved into an executive session for further deliberation.

    A cursory look at the Order Paper for the day shows that the screening and confirmation of Dr. Olayemi Cardoso for appointment as Governor of the Central Bank of Nigeria was top on the agenda.

    The order paper also showed that four deputy governors of the CBN would also be screened and confirmed for appointment.

    The red chamber also planned to screen and confirm, at the committee of the whole, the appointment of four new deputy governors;

    The CBN’s deputy governor designates include Emem Nnana Usoro, Muhammad Sani Abdullahi Dattijo, Philip Ikeazor, and Bala M. Bello.

  • Senate panel seeks rescue of 24 abducted female varsity students

    Senate panel seeks rescue of 24 abducted female varsity students

    The Senate Committee on Army has called  for immediate rescue of abducted female students of Federal University, Gusau, Zamfara State by bandits.

    In a statement by its chairman, Senator Abdulaziz Yar’Adua (APC – Katsina Central),  the panel said rescuing  the innocent female students from captivity of the bandits must be topmost priority.

    Yar’Adua lamented that the scourge of banditry and  insurgency by criminal elements in the country with attendant abduction of law abiding citizens, was a serious dent on the image of the country and blow to collective conscience of Nigerians.

    “This is a moment that demands swift and decisive action. We cannot underestimate the trauma and anguish that these young girls and their families are experiencing right now.

    “It is our duty as leaders to prioritize their safety and well-being above all else,” he said.

    Read Also: Screening of ministerial nominees, others top Senate agenda on resumption

    He added that the  Army and other security agencies, must be well equipped and positioned, to stop the menace already threatening the nation’s unity, peace and progress.

    The statement reads in part: “The recent kidnapping of more than 24 innocent school students of Federal University of Gusau, Nigeria, particularly the young girls, is not just another unfortunate incident but  a clear indication that the insecurity plaguing our country has reached alarming levels.

    “We can no longer stand idle and allow our nation’s future to be continually threatened.

    I call upon all stakeholders in government, from the executive to the legislative, and the judiciary, to immediately divert our attention to this heinous attack and ensure the safe rescue of our young daughters.

    “Furthermore, let us use this unfortunate incident as a wake-up call. The Nigerian government must intensify its efforts in curbing the escalating insecurity that has permeated our land.

    “We cannot continue to allow bandits, insurgents, and criminal elements to terrorize our communities, disrupt the educations of our children, and instil fear in the hearts of law-abiding citizens.

    “As the head of the committee on the Nigerian Army in the National Assembly, I pledge to lend my unwavering voice, support, and resources to this cause.

    “We must bolster our security forces, equip them with the necessary tools, provide adequate training, and enhance intelligence gathering mechanisms to counter these threats effectively.

    “We must ensure that the Nigerian Army and other security agencies have the capabilities to rescue these kidnapped students without delay.”

  • Screening of ministerial nominees, others top Senate agenda on resumption

    Screening of ministerial nominees, others top Senate agenda on resumption

    he screening and confirmation of two ministerial nominees – Dr. Jamila Ibrahim (Minister of Youth) and Mr. Ayodele Olawande (Minister of State for Youth) – for appointment by President Bola Ahmed Tinubu, among others, will top the agenda of the Senate as it resumes from its annual vacation tomorrow.
    Also to engage the Upper Chamber’s attention is the screening and confirmation of the new Central Bank of Nigeria (CBN) Governor nominee, Dr. Olayemi Cardoso.
    The Senate will also screen and confirm the nomination of four new deputy governors of the CBN for appointment by President Tinubu: Mrs. Emem Usoro, Mr. Muhammad Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello.
    The Upper Chamber is also expected to screen and confirm Mr. Zacch Adedeji as the new Chairman of the Federal Inland Revenue Service (FIRS).
    It was learnt that apart from screening of nominees for appointment, the Senate may also unveil its legislative agenda on resumption.

    Read Also: Senator Godswill Akpabio and the burden of ‘uncommon’ ministerial screening


    The Nation got wind of these developments at a leadership retreat for principal officers of the National Assembly at Ikot Ekpene in Akwa Ibom State at the weekend.
    Speaking at the retreat, Senate President Godswill Akpabio said the event was organised to enable the lawmakers identify priority areas for the 10th National Assembly and develop strategic objectives for the Legislative Agenda of the two chambers.
    “I believe our first priority, as leaders, should be people. We represent people whose pains we should alleviate; whose concerns we should address; whose hopes we should not betray.”

    “Therefore, listening to the people in order to feel the pulse of our nation should be a critical component of our legislative agenda. But, no matter the problems we face, let us never forget that what is morally wrong cannot be politically right,” Akpabio said.
    Efforts to reach the Chairman of the Senate Committee on Media and Public Affairs, Adeyemi Adaramodu, were abortive as his phone could not connect.
    He also did not reply to a message sent to his WhatsApp on the development.
     
     

  • Resumption: Senate to prioritise screening of Cardoso, Adedeji, others

    Resumption: Senate to prioritise screening of Cardoso, Adedeji, others

    The Senate is set to resume its annual session on Tuesday, September 26, with a focus on screening and confirming ministerial nominees.

    President Bola Tinubu‘s appointment of Jamila Ibrahim as the Minister of Youth and Ayodele Olawande as the Minister of State for Youth would be a key priority.

    The nomination of Olayemi Cardoso for the position of Central Bank of Nigeria (CBN) governor and four Deputy Governors for the CBN would be considered.

    The Senate will also assess and confirm Zacch Adedeji as the new chairman of the Federal Inland Revenue Service (FIRS) as the Senate may unveil its legislative agenda for the year.

    The CBN deputy governor nominees include Emem Usoro, Muhammad Dattijo, Philip Ikeazor and Bala M. Bello.

    The red chamber is also expected to screen and confirm Zacch Adedeji for appointment as the new Chairman of the Federal Inland Revenue Service (FIRS).

    Read Also: NANS’ Senate commends Tinubu for nomination of Cardoso, others

    It was learnt that apart from screening nominees for appointment, the Senate may also unveil its legislative agenda upon resumption.

    Indications of this emerged at the leadership retreat for principal officers of the National Assembly held at Ikot Ekpene, Akwa Ibom state at the weekend.

    Speaking during the National Assembly’s leadership retreat at Ikot Ekpene at the weekend, Senate President Godswill Akpabio noted that the retreat sought to identify priority business for the 10th National Assembly and develop strategic objectives for the Legislative Agenda of the respective chambers.

    Akpabio said: “I believe our first priority, as leaders, should be people. We represent people whose pains we should alleviate; whose concerns we should address; whose hopes we should not betray.

    “Therefore, listening to the people in order to feel the pulse of our nation should be a critical component of our legislative agenda. But, no matter the problems we face let us never forget that what is morally wrong cannot be politically right.”

    Efforts to reach the Chairman of the Senate Committee on media and Public Affairs, Senator Adeyemi Adaramodu, proved abortive as his phone could not connect. There has also been no reply to a message sent to his WhatsApp as well.