The House of Representatives has mandated electricity distribution companies (DisCos), to undertake a N500 billion recapitalisation to enhance their financial stability and ensure they can efficiently meet their obligations to the public. The resolution followed the adoption of a motion, titled “Need to Address the Activities of Distribution Companies in Nigeria”, sponsored by the member representing the Ifo/Ewekoro Federal Constituency …

The House of Representatives Committee on Public Accounts has disclosed that approximately 65,000 projects worth N32 trillion are abandoned nationwide. The committee, however, asked the Economic and Financial Crimes Commission (EFCC), to act on the report it would send to it after the conclusion of its assignment. According to the committee, some of the abandoned projects included key infrastructure, with …

The Ministers of Agriculture and Food Security, Abubakar Kyari, his Science, Technology, and Innovation counterpart, Uche Nnaji, and Budget and Economic Planning, Atiku Bagudu, are some of the high-profile government functionaries expected to appear before the House of Representatives Committee on Renewable Energy on Wednesday. The Committee, chaired by the member representing Ogbaru Federal Constituency, Anambra State, Afam Ogene is …

The House of Representatives has urged the Federal Government to withdraw airstrip licences already issued to private individuals and organisations in the interest of national security. This is even as the House sought immediate stoppage of the issuance of new licences for the operation of airstrips to individuals and organisations. The resolutions were sequel to the adoption of a motion …

The Minister of Marine and Blue Economy, Gboyega Oyetola, stunned federal lawmakers on Tuesday when he declared that a multi-billion-dollar cargo tracking agreement entered into by the federal government of Nigeria, regarding the International Cargo Tracking Notes (ICTN) was done in error. The minister stated this while being quizzed by a House of Representatives investigative panel, probing the delay in …

The House of Representatives, yesterday, condemned the rising cases of ‘one chance’ operatives within the capital city. The House in it’s resolutions during plenary in Abuja directed its relevant committees to interface the Minister of the Federal Capital Territory, FCT, Nyesom Wike, the FCT Police Commissioner, the Director General of the Department of State Services (DSS). The House motion followed …

The House of Representatives has urged the Central Bank of Nigeria (CBN) to provide an additional $3 billion in funding to small-scale farmers to boost their productivity through the Nigeria Incentive-Based Risk Sharing for Agricultural Lending (NIRSAL). This followed the adoption of a motion during plenary on Tuesday titled ‘Repositioning Nigeria Incentive-Based Risk Sharing System for Agricultural Lending and De-risking …

The House of Representatives has taken initial steps to provide free internet services in selected public places for Nigerians. This follows the passage of a bill last week during its first reading titled, “An Act to provide the legal framework for the free internet access programme in selected public places in Nigeria and for other related matters”, sponsored by Mr. …

The House of Representatives has called on the Federal Government to review its current tax policies, particularly those on essential goods, to ease the burden on Nigerians. The House resolution followed the adoption of a motion on urgent public importance moved during Thursday’s plenary session by the member representing Anambra East/Anambra West Federal Constituency, Anambra State, Mr Peter Aniekwe. Titled …

The House of Representatives has commended President Bola Tinubu for addressing what it called a “significant historical oversight” by conferring the Grand Commander of the Order of the Niger on the Speaker, Tajudeen Abbas. Recall that the House, following the adoption of a motion last week, noted that it was not inferior to the Senate, following the conferment of GCON …