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Prioritize safety of investments in Nigeria, Lawan tells FG

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Senate President Ahmad Lawan
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President of the Senate, Ahmad Lawan, has said that efforts by the Federal Government to prioritize the safety and security of private sector investments across the country would guarantee an improved economy for Nigeria.

Lawan stated this on Wednesday in his remarks moments after the upper chamber considered a bill to enact the Public-Private Partnership Regulatory Commission Bill 2021.

The bill which scaled second reading during plenary was sponsored by Senator Muhammad Adamu Aliero (APC, Kebbi Central).

According to the Senate President, the provision of a safe environment which allows ease of doing business would encourage public-private partnerships needed to drive investments and develop the various sectors of the economy.

He, therefore, called on the executive to ensure that the Public-Private Partnership Regulatory Commission bill, is assented into law when eventually passed by the National Assembly.  

Lawan said, “Let me say that our country at this point and, indeed, at any point, should embark on public private partnership to ensure that we free our scarce resources for social development, particularly education and health, and similar sub-sectors.

“I believe that at this point in our history, with very limited resources, we need to encourage the private sector to participate in the development of infrastructure in our country.

“[And] of course, this is the practice, but one thing is clear, that we have to provide a convenient and safe environment for the public and private sector to be convinced that their investments would provide the kind of return that they aspire to get, and that there’s the legal framework to protect their investments.

“No matter how hard we wish to encourage the private sector to participate in our economy, if the investments do not appear to be fully protected, or they feel unsafe, we will be disappointed.

“So, I believe that this is a very important bill. And it is for us in government – both the executive and the legislature – particularly the two arms government, to work hard to provide the kind of climate of ease of doing business, security and safety to promote and protect private sector investments in our country.

“I believe that Nigeria has the kind of population that will encourage any private sector investment to come.

“What may be a setback at the moment, is the security challenge that we face, but thank God we are doing well and would continue to do so, but this is one bill that all of us in the legislature and executive arm of government would like to see become a law that will also be fully implemented for the benefit of our country.”

Senator Aliero, in his lead debate on the Public-Private Partnership Regulatory Commission Bill 2021, said the piece of legislation seeks to repeal the Infrastructure Concession Regulatory Commission (Establishment) Act 2005 and enact the Public Private Partnership Regulatory Commission Bill 2021.

According to the lawmaker, “One of the major challenges affecting the growth of the Nigerian economy is the huge deficit in both the areas of social and economic infrastructure; roads, railway, seaports, and airports, the provision of affordable health care and medical facilities to mention a few.

“To bridge this gap, massive investments must be made in the expansion of the country’s infrastructure services well beyond the resources and capacity of the government, which has been solely responsible for the provision of such infrastructure.”

The bill after scaling second reading was referred by the Senate President to the Committee on Works.

The Committee was given four weeks to report back to the chamber in plenary.

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Senate Blocks First-time Senators from Contesting Senate President, Deputy Senate President Offices

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8 hours ago

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October 3, 2023

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Nigerian Senate
Senate in Session
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**Approves nine other standing committees

The Senate has amended its standing rules to prevent first-time senators from contesting for the office of the President of the Senate and that of the Deputy President of the Senate.

The amendment was carried out at the plenary yesterday after the Leader of the Senate, Senator Opeyemi Bamidele moved a motion for the amendment of standing rules to accommodate new standing committees. 

The motion, which was seconded by the Senate Minority Leader, Senator Simon Mwadkwon, overwhelmingly received support of all the senators across all political affiliations when the President of the Senate, Senator Godswill Akpabio put on voice vote.

At the plenary, also, the Senate carried out nine other amendments aimed at accommodating new standing committees.

As shown in its motion, the Senate created the Committee on Atomic and Nuclear Energy, which would oversee the Nigeria Nuclear Energy Regulatory Commission, Nigeria Atomic Energy Commission and their annual budget estimates.

The Senate also bifurcated the Committee on Federal Capital Territory (FCT) into two different standing committees namely the Committee on FCT and Committee on FCT Area Councils.

The Senate resolved that the Committee on FCT would oversee matters affecting the FCT, Planning and Development of the new Federal Capital Territory and control of development within the Federal Capital Territory and its annual budget

The upper chamber further resolved that the Committee on FCT Area Councils would oversee Area Council Mandate, Area Council Service Commission, Area Council Staff Pension Board, Auditor- General for the Area Council and other agency or department under FCT.

The Senate similarly divided the Committee on Sports into two standing committees to now reflect the Committee on Sports Development as well as Committee on Youth and Community Engagements.

According to the Senate, the jurisdiction of the Committee on Sports Development shall include Federal Ministry of Sport Development, National Lottery Commission, National Institute for Sports, Nigeria Football Federation, Sport Arena Development, national and international sporting activities, sports administration and annual budget estimates.

The Senate further said the jurisdiction of the Committee on Youth and Community engagements should include Federal Ministry of Youth Development, National Youth Service Corps, Citizens and Leadership Training Centre, Offices of the Senior Assistant to the President on Community Engagement in the six geo-political zones, youths movements activities and associations and its annual budget estimates.

The Senate also divided the Committee on Solid Minerals, Steel Development and Metallurgy into the Committee on Solid Mineral Development and the Committee on Mines and Steel Development.

The Senate said the Committee on Solid Mineral Development “shall oversee Federal Ministry of Solid Mineral Development, Nigerian Geological Survey Agency, Mining Cadastre Office and Council of Nigerian Mining Engineers and Geoscientist, Nigerian Metallurgical Training Institute, Solid Minerals Development Fund, Nigeria Institute of Mining and Geoscience, National Metallurgical Development Centre, exploration of minerals extraction and quarry, geological survey and minerals investigation as well as explosives.

“The Committee on Mines and Steel Development shall oversee Federal Ministry of Mines and Steel Development, Aluminum Smelting Company of Nigeria, Ajaokuta Steel Development Company, National Iron Ore Mining Company, National Steel Raw Material Exploration Agency and their budgets.”

 

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NLC,TUC Make U-Turn Suspend Planned Strike, FG To Pay Workers N35,000

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1 day ago

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October 3, 2023

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NLC and TUC Flags
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Organised labour have suspended its planned nationwide indefinite strike action for the next month.

This was contained in a memorandum of understanding signed Monday by the NLC President, Joe Ajaero, and General Secretary, Emmanuel Ugboaja; as well as the TUC President, Festus Osifo, and Secretary General, Nuhu Toro.

The three-page document was also signed by the Minister of Labour and Employment, Simon Lalong; Minister of State for Labour and Employment, Dr Nkeiruka Onyejeocha; and Minister of Information and National Orientation, Mohammed Idris.

“The NLC and TUC accept to suspend for 30 days the planned Indefinite Nationwide strike scheduled to begin, Tuesday, the 3rd of October, 2023,” the MoU reads in part.

“The Federal Government grants a wage award of N35,000 (thirty-five thousand
Naira) only to all Federal Government workers beginning from the month of
September pending when a new national minimum wage is expected to have
been signed into law.”

The decisions come at the end of an hours-long meeting between the Federal Government, NLC, and the TUC on Monday.

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Nigeria@63: God Will Heal Our Nation – Pastor Adeboye

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2 days ago

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October 2, 2023

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Pastor E.A.Adeboye
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Pastor Enoch Adeboye has prayed to God to heal Nigeria, asking citizens to also pray for the betterment of the nation.

The General Overseer of the Redeemed Christian Church of God (RCCG) said this on Sunday during the church’s October Thanksgiving Service and Nigeria’s 63rd Independent Day celebration.

Pastor Adeboye spoke on the topic ‘Freedom Indeed’ during the service.

“I pray in the name that is above every other name that God will heal our nation,” the preacher said.

“Independence is talking about freedom, that is why we would be talking about freedom indeed. You may be enjoying independence from the colonial master and still be a slave to sickness, poverty, terror, and forces of darkness,” he added.

“I am wishing you a very good celebration but more than anything else, I wish all of you who are in Christ freedom and freedom indeed.”

In many churches across the nation, the Christians marked Independence Day with praises and prayers for the country.

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