Reps – InfoStride News

House of Reps Probes Customs Over Smuggling Allegations

Temitope Nlewemchi — Thu, 12 Dec 2024 22:15:32 +0000

The House of Representatives has launched an investigation into allegations of smuggling activities linked to the Nigeria Customs Service (NCS). This inquiry follows rising concerns over unchecked contraband inflows and the perceived complicity of some Customs officials in these illicit activities. The Scope of Allegations The probe was initiated after reports emerged of rampant smuggling [...]

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Reps Urge CBN to Withdraw Old Currency Notes from Circulation

Temitope Nlewemchi — Fri, 25 Oct 2024 21:35:43 +0000

In a recent session, the House of Representatives has called on the Central Bank of Nigeria (CBN) to expedite the withdrawal of old naira notes from circulation. This move aims to streamline the currency transition process and reinforce public confidence in the nation’s monetary system. The CBN had previously initiated a currency redesign policy that [...]

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Nigerian lawmakers urge companies to inscribe ‘made-in-Nigeria’ on all domestic goods

Temitope Nlewemchi — Sun, 24 Mar 2024 09:01:35 +0000

The House of Representatives on Tuesday urged all companies in Nigeria to inscribe “Made in Nigeria” on all domestic goods to boost local content patronage in the country. The lawmakers asked the Federal Ministry of Industry, Trade and Investment to prevail on the Manufacturers Association of Nigeria (MAN) to make sure that the directive is [...]

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Nigerian Representatives Contemplate Creation of Maritime Bank to Propel Industry Growth

Temitope Nlewemchi — Fri, 15 Mar 2024 18:17:25 +0000

In a bid to catalyze growth and enhance efficiency within the maritime sector, members of the Nigerian House of Representatives are deliberating on the establishment of a dedicated Maritime Bank. This proposed financial institution aims to address specific challenges faced by the maritime industry while unlocking its vast potential for economic development and global competitiveness. [...]

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Reps Urge Urgent Reconstruction of Ports Infrastructure

Temitope Nlewemchi — Mon, 19 Feb 2024 01:09:21 +0000

In a crucial call to address critical infrastructure needs, members of the House of Representatives have emphasized the urgent necessity for the reconstruction of ports in Nigeria. This appeal underscores the importance of modernizing port facilities to enhance efficiency, accommodate growing trade volumes, and position the country as a maritime hub. Members of the House [...]

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House Of Reps To Investigate Investments By DISCOs

David Folami — Wed, 08 Jun 2016 07:46:32 +0000

The House of Representatives on Tuesday mandated its Committee on Privatisation and Commercialisation to investigate the investments and pledges made by power Distribution Companies (DISCOs) and Generation Companies (GENCOs). The House also directed the Committee to ascertain the revenue accrued to the companies and their level of compliance with the privatisation agreements. This followed a [...]

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2015 Budget: $65 Per Barrel Benchmark Unrealistic – Reps

Wale Adebayo — Sun, 22 Feb 2015 11:15:49 +0000

The House of Representatives has rejected the $65 oil benchmark proposed in the 2015 budget by the executive. The House noted that the 2015 budget proposal was hinged on certain policy thrusts, instruments and assumptions that were flawed and must be “critically” addressed. With this argument, there are strong indications the House will stick to [...]

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2015: APC Reps Set To Challenge Jonathan Eligibility In Court

Wale Adebayo — Tue, 28 Oct 2014 15:19:25 +0000

Ahead of President Goodluck Jonathan’s formal declaration to contest the 2015 presidential election on the platform of the Peoples Democratic Party, PDP, some House of Representatives members in the All Progressives Congress (APC) have vowed to go to court to challenge his eligibility. The president last week, indicated his intention to seek re-election and went [...]

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N10bn Chartered Jet Probe: We’re Not Prosecuting Diezani, Says Reps

Wale Adebayo — Mon, 02 Jun 2014 12:15:43 +0000

The House of Representatives has maintained that its probe of the Petroleum Resources Minister, Diezani Alison-Madueke’s alleged expenditure of N10billion on private jets charter is not a “witch-hunt”. The House deputy spokesman, Victor Ogene stated this during a press briefing at the weekend. The House had earlier insisted that the probe of the minister was [...]

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House Of Reps Pass Nigeria’s N4.6tn 2014 Budget

Wale Adebayo — Fri, 11 Apr 2014 12:16:52 +0000

The House of Representatives on Thursday passed the 2014 budget of N4.695 trillion. The amount is N53 billion higher than the N4.642 trillion estimates submitted by the executive. President Goodluck Jonathan on December 19, 2013, through the Co-ordinating Minister of the Economy and Minister of Finance, Ngozi Okonjo-Iweala, submitted the 2014 budget to the National [...]

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Reps Call On AGF, CBN, Budget Office

David Folami — Tue, 25 Mar 2014 18:18:42 +0000

THE House of Representatives Committee on Public Accounts Tuesday summoned the Accountant General to the Federation,AGF, Mr Jonah Otunla, the Central Bank of Nigeria,CBN and the Budget office to explain why the sum of N59.6billion subsidy money meant for Nigeria National Petroleum Corporation, NNPC allegedly got missing. . The money which the Budget office and [...]

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