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Tag Archives: National assembly

Assembly probes abandoned NSITF property in Lagos

NSITF

Finally waking up to the realities that some Federal Government properties still rot away in Lagos, the National Assembly has begun investigation into the abandoned National Provident Fund building, now known as Nigeria Social Insurance Trust Fund (NSITF) along the Badagry expressway. The culture of waste that has recently dotted Nigeria’s landscape, continued to take its toll on properties and ...

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Reps urge COREN to eliminate quacks in their profession

COREN

The House of Representatives Committee on Works on Thursday stated that strengthening the Council for the Registration of Engineering in Nigeria (COREN) to eliminate quackery from the profession informed the National Assembly’s decision to amend the Establishment Act. Speaking to journalists in his office in Abuja, the committee Chairman, Honourable Toby Okechukwu (PDP, Enugu), said: “the Act as it is ...

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Federal Government promises to improve standard of living through infrastructure

standard of living

The Minister of Transport, Mr Rotimi Amaechi said on Wednesday that the Federal Government was committed to improving the standard of living of its citizens through infrastructure development. Amaechi said this at the 2018 Africa Forum of the Chartered Institute of Logistics and Transport (CILT), in Abuja with the theme `Building Capacity for Efficient Logistics and Transport Services in Africa’. ...

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Federal Government invests N6 billion in infrastructure

Federal Government invests N6 billion in infrastructure

The Federal Government has invested over N6 billion to develop infrastructure at the Maritime University, Okerenkoko, Delta State. In 2017, President Muhammadu Buhari approved an increase in the take-off grant allocated to the university from the N2 billion earlier announced to N5 billion. This sum was included in the 2018 budget presented to the National Assembly in November 2017. Similarly, ...

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Ajaokuta Steel Plant to Gulp $1.2bn if it is to become operational

Ajaokuta Steel Plant to Gulp $1.2bn if it is to become operational

Abuja – The National Assembly has been told that the comatose Ajaokuta Steel Rolling Complex will become operational if the sum of $1.2 billion is invested into it. The Sole Administrator of the complex, Sumaila Abdul-Akaba, made the disclosure at an interactive session with the Senate and House of Representatives Joint Committee on Power, Steel Development and Metallurgy. In his presentation, ...

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Group accuses Obasanjo for converting National assets into personal use

Group accuses Obasanjo for converting National assets into personal use

A Civil Society group, Movement For Nigeria has alleged that former President Olusegun Obasanjo converted some national assets into personal use during his time as President. The group said the action of the ex-president amounted to stealing of assets belonging to Nigerians and called for his immediate prosecution by anti-graft agencies. Addressing journalists in Akure on Monday, Olaiya Ayomide, National ...

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FG Advised to Introduce Subsidy in Housing, Tax Occupied Property

…As stakeholders propose affordable housing bill to NASS Experts in the housing sector of the nation’s economy at the weekend called on the Federal Government to introduce subsidy in the sector to enable the country achieve the dream of providing affordable housing for the citizenry. They argued that such measure if applied, would not only help greatly in abridging the ...

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Senate rejects Land Use Act removal

Family petitions Amosun over forceful eviction by a land grabber

“In a major blow to economic reforms and wealth creation in the country, the Senate on Wednesday rejected the proposal for the deletion of Land Use Act from the 1999 Constitution.”- Business Day The Land Use Act is seen as one of the biggest impediments to converting land resources into individual wealth in the country as it hinders the transferability ...

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World Bank, IDA commit $300m to housing development

housing problem in Nigeria

“Worried by huge figures of housing deficit facing the country, the World Bank and International Development Association, IDA, has set aside $300 million to fast-track provision of  accommodation for the teeming Nigerian population.” –Vanguard The fund, which is to be channelled towards pursuing aggressive development of housing sector in Nigeria, is being facilitated by the Nigeria Housing Finance Programme, NHFP. ...

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Heavy Rain Floods National Assembly Main Building

An evening downpour flooded the lobby of the main building of the National Assembly on Wednesday.

“An evening downpour flooded the lobby of the main building of the National Assembly on Wednesday. The area affected is the lobby of the popular ‘White House’, which houses the chambers of the Senate and the House of Representatives. According to Punch observation, the rain, which started about 6 pm and lasted for close to 30 minutes, let in water ...

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