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Senate okays establishment of Maritime Security Trust Fund

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The Senate has passed a bill seeking to establish the Nigerian Maritime Security Trust Fund.

The passage of the bill followed the consideration of a report by the  Conference Committee on the Nigerian Maritime Security Trust Fund (Establishment) Bill, 2022.

Chairman of the Conference Committee, Senator Danjuma Goje (APC, Gombe Central), in his presentation, recalled that the bill was passed in the House of Representatives on Tuesday, 28th September, 2021.

According to the lawmaker, the Senate concurred to the passage of the bill after it was transmitted to the upper chamber on Wednesday, 1st December, 2021, with some slight modifications.

He explained that the area of difference noticed in the two versions of the bill by both chambers, necessitated the constitution of a Conference Committee by the Senate on Tuesday 18th January, 2022, for the purpose of harmonisation.

“The mandate of the Conference Committee, therefore, was to harmonise the area of difference in the two versions of the bill, as passed and make appropriate recommendations for adoption”, Goje said.

He added that the Conference Committee met on Tuesday 1st February, 2022 to deliberate on the area of difference.

He stated that in the course of the deliberations, it was observed that the only area of difference in the two versions of the Bill, as passed by both Chambers, existed in Clause 14 of the Bill, which deals with the appointment of the Executive Secretary and other staff of the Trust Fund.

Whilst the House of Representatives version of the Bill provides in Clause 14 (1) that the appointment of the Executive Secretary of the Trust Fund shall be made by Mr. President on the recommendation of the Minister, the Senate version provides that such appointment should be made without recourse to the recommendation of the Minister charged with the responsibility of Defence.

He disclosed that after extensive deliberations on this area of difference, the Conference Committee adopted the Senate version.

The Conference Committee report was, thereafter, adopted by the chamber during plenary, and the bill to establish the Nigerian Maritime Security Trust Fund passed after consideration by the Committee of the Whole.

Meanwhile,  the Senate President, Ahmad Lawan, on Wednesday, referred President Muhammadu Buhari’s request for the confirmation of Olugbenga Adeyanju as Commissioner at the Independent Corrupt Practices and other related Offences Commission.

The President’ s request was referred to the  Committee on Anti-Corruption and Financial Crimes.

The nominee is expected to appear before the Committee for screening.

The Committee was given two weeks to screen the nominee and put together a report to be presented before the chamber in plenary.

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Anambra Traditional Rulers Confer ‘Dike Si Mba’ Title On Tinubu

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President Bola Ahmed Tinubu
President Bola Ahmed Tinubu
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President Tinubu crowned ‘Dike Si Mba’ of Anambra by Anambra State Traditional Rulers

Traditional rulers in Anambra State on Thursday conferred a chieftaincy title of ‘Dike Si Mba’ of Anambra on President Bola Tinubu.

The Traditional rulers led by the Chairman of the Anambra State Traditional Rulers Council, Igwe Chidubem Iweka of Obosi, gave the President the title in Awka during his official visit to the state.

‘Dike Si Mba’ loosely translates to ‘Hero from another land’, was given to President Tinubu by the traditional rulers representing all the communities in Anambra State.

Tinubu, who is in Anambra State on official visit, arrived at the Chinua Achebe International Airport in Umueri around 12:15pm, and was received by Governor Chukwuma Soludo, his deputy, Onyeka Ibezim and other government officials.

Tinubu inaugurated Anambra State’s first-ever Government House on Thursday, marking a historic milestone more than 30 years after the state’s creation.

Tinubu also inaugurated several other projects done by the administration of Governor Chukwuma Soludo.

It is the President’s second visit to the South-East this year after visiting Enugu State in January.

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 Nigerian Senate Passes 2 Tax Reform Bills

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The Nigerian Senate has passed two out of the four Tax Reform Bills which are expected to overhaul Nigeria’s tax laws.

The lawmakers approved the bills following the consideration and adoption of the recommendations of the Senate Committee chairman Senator Sani Musa during the committee of the whole

The four key bills are the Joint Revenue Board (Establishment) Bill, 2025, the Nigeria Revenue Service (Establishment) Bill, 2025, the Nigeria Tax Administration Bill, and the Nigeria Tax Bill.

But out of the four, only the Bill to Repeal the Federal Inland Revenue Service Act and enact the Nigeria Revenue Service (Establishment) Bill, 2025 was approved

The second approved bill is the Nigeria Tax Administration Bill which is an Act to provide for the assessment, collection of and accounting for revenue accruing to the federation, federal, states and local governments.

“Prescribe the powers and functions of tax authorities and for related matters”.

Presenting the report, Sani said that the bills sought to reform Nigeria’s tax framework, strengthen institutions and enhance accountability and compliance.

Contributing, Deputy Senate President of Jibrin Barau congratulated the entire Senate and in particular, the Committee on Finance and the Elders Committee for the wisdom and leadership that has been shown in the passage of the bills.

“Initially, there were in disagreements and there were rancors here and there.

“But the Senate, standing on its position as the highest assembly in the land, decided to establish this committee, the Committee of Elders (Special Committee).

“To look at all those areas of contention and hear the views of religious leaders, regional organisations and other stakeholders.”

In his remarks President of the Senate, Godswill disclosed that the remaining two bills will be considered in plenary on Thursday.

He commended the committee on Finance and senators for a thorough job.

“He also expressed gratitude to the group of “elder senators” who collated and deliberated on areas of contention in the Tax Bill through meetings and consultation with dissenting voices.

Akpabio expressed optimism that the tax laws would revolutionalise and optimise tax collection across the country.

He expressed satisfaction that the passage of the bills have dispelled rumours that they were meant to serve the interests of a part of the country, adding that all Nigerians will benefit from them.

 

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Senate Sets Up Committee To Oversee Rivers Administrator

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The Nigerian Senate has constituted an 18-member committee tasked with overseeing the activities of the Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (rtd.).

This, it said, was in a bid to strengthen transparency and accountability in the state’s governance.

Senate Leader, Senator Opeyemi Bamidele, was named as chairman of the committee.

The announcement was made on Tuesday by the President of the Senate, Senator Godswill Akpabio, during the resumption of plenary.

Akpabio highlighted the importance of the committee’s mandate, stating that its role was critical in ensuring effective legislative oversight in Rivers State.

Akpabio also hinted that the composition of the committee might be subject to review following further consultations.

Other members of the committee include Senators Adamu Aliero, Osita Izunaso, Osita Ngwu, Kaka Shehu, Aminu Abass, Tokunbo Abiru, Adeniyi Adebire, Sani Musa, Simon Lalong, Asuquo Ekpeyong, Adams Oshiomhole, Ireti Kingibe, Onyekachi, Idiat Adebule, Ide Dafinone, and Mohammed, alongside the Clerk of the Senate.

The Senate President charged the committee to commence its oversight duties without delay, stressing the urgency of their assignment.

He also reaffirmed the Senate’s commitment to upholding democratic processes in Rivers State.

 

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