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Senate suspends plenary to begin budget defense

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…Adjourns till Nov. 9  

 
The Senate on Wednesday adjourned plenary till November 9, 2021, to enable its Committees begin budget defense sessions with Ministries, Departments and Agencies.

The upper chamber suspended sitting after concluding debate on the 2022 Appropriation Bill.

Lawan, in his remarks moments before the chamber adjourned, tasked committees to thoroughly scrutinize budget estimates in the 2022 Appropriation Bill before the National Assembly.

He said, “The Senate has hereby suspended plenary in order to consider the budget.

“There will be budget defense from Monday until November 9, when we resume plenary.

“Like we did before, we must remain very critical of the proposals presented to us by the executive arm of government.

“We must ensure equity in the distribution of projects. We must ensure economy in the application of funds. We must question any possible overpricing of items.

“[And] we should be able at the end of the day to have a budget that covers the interest of all the communities that we have in this and all parts of the country.”

Earlier, a total of 42 Senators took turns to make their contributions during the second and final day of debate on the 2022 Appropriation Bill.

Among those who spoke are Senators Aliyu Sabi Abdullahi, Adelere Oriolowo, Patrick Akinyelure, Ibrahim Gobir, Smart Adeyemi, Ibrahim Abdullahi, George Thompson Sekibo, Christopher Ekpenyong, Betty Apiafi, Mohammed Musa, Michael Opeyemi Bamidele, Michael Nnachi, and Yahaya Oloriegbe.

Others are: Matthew Urhoghide, Francis Fadahunsi, Mukhail Adetokunbo Abiru, Anayo Rochas Okorocha,  Oyelola Ashiru, Jarigbe Agom Jarigbe, Hezekiah Dimka, Binos Dauda Yaroe, Chukwuma Frank Ibezim, Olalekan Mustapha, Chukwuka Utazi, Abba Patrick Moro, Danladi Sankara, and Isah Jibrin.

Contributing to the debate on the 2022 Appropriation Bill, Senator Ibrahim Danbaba (PDP, Sokoto South), underscored the need for the federal government to include Public-Private Partnership as a way to fund the provision of critical infrastructure needed for economic development.

Senator Smart Adeyemi (APC, Kogi West), called for the urgent diversification of the economy through mining, adding that there are abundant mineral resources yet to be exploited by the federal government.

Senator George Thompson Sekibo (PDP, River East) advised the Central Bank of Nigeria to come up with policies that would help stabilize the country’s exchange rate over a period of time.

He also lamented that the implementation of capital projects in the 2022 budget proposal were tied to borrowing.

Senator Christopher Ekpenyong (PDP, Akwa Ibom North West), called for the scrutiny and tinkering of the budget estimates by the National Assembly, to ensure that it reflects the needs and meets the expectations of Nigerians.

Senator Betty Apiafi (PDP, Rivers West), protested the exclusion of some states as beneficiaries of the loan to be sourced by the federal government.

According to the lawmaker, some states such as Rivers State do not stand to benefit from the loan through projects, but are among those to repay the loan obtained by Nigeria.

She also called on the federal government to give special attention to the power sector, adding that doing so would attract and promote private investments.

On his part, Senator Sani Musa (APC, Niger East) described the 2022 budget outlook as “good”, noting that “Nigeria’s debt level is sustainable”.

The lawmaker urged the federal government to ensure that borrowed funds are applied to critical projects.

According to him, focus must also be given to revenue generation, as well as the examination of the country’s tax framework.

He noted that doing so would ensure strict compliance by taxpayers and boost Nigeria’s revenue collection.

The Senate President, Ahmad Lawan, referred the 2022 Appropriation Bill after scaling second reading to the Committee on Appropriations for further work.

The Committee which is chaired by Senator Jibrin Barau was given four weeks to report back to the upper chamber.

The Senate President, in his concluding remarks said, “I want to join all those that have commended Mr. President for presenting the Appropriation Bill 2022 in good time.

“This is one of the very important reasons why we are able to have sufficient time to consider the budgets (2020 and 2021) before the 2022 Appropriation bill was presented.

“I want to also Senators for the sacrifice in processing, consideration and passage of the 2020 and 2021 Appropriation Acts.

“That devotion, commitment and dedication certainly saw us succeed in passing the previous bills.

“I’m sure that we are ready to repeat the feat of passing the appropriation bill 2022 before the end of December.

“Distinguished colleagues, I agree with those of us who raised the issue of revenue generation, collection and remittances to the coffers of the federal government.

“The agencies that are supposed to collect and remit revenues would have to be tasked, and this 2022 appropriation bill shows we have over 400 billion coming especially from these agencies as additional revenues. We need to do better.

“Government agencies must remit revenues that they generate. We need to also invest in our people, dedication for our youth particularly and, of course, health.

“Distinguished colleagues, borrowing like most of us here said, is not bad. What we need to do is to ensure that what we borrow is prudently deployed in those areas of capital infrastructural development.

“The two or three committees that are oil related – Petroleum Upstream and Petroleum Downstream and Gas – need to be very alert to the implementation of the Petroleum Industry Act.

“This is very important  because this Act that we passed here is to transform the Petroleum Industry, and at this formative age of the transformation, there is need for us to be very vigilant and oversight very closely to ensure that the taking off is successful.

“Our oversight as Committees must be very purposeful and at all times for the sole reason of ensuring that government funds are properly and prudently applied to the projects appropriated for.

“Finally, I want to commend the entire National Assembly for ensuring that the previous budgets were passed in good time and, of course, the assent was also the same.

“The implementation of 2020 budget was 100 percent. Today, the implementation of the 2021 is about sixty percent. We want to see a repeat of the 2020 implementation, so that we also have 100 percent at the end of the day in December.

“This is very important because we know that Nigeria came out of recession, and in fact achieved a GDP growth of over five percent because of the implementation of the 2020 funds appropriated.”

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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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