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Reps Vow to Ensure Transparency in Naira-for-Crude Policy

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By Ubong Ukpong, Abuja

The House of Representatives on Wednesday vowed that it would ensure transparency in the current Naira-for-Crude policy.The Speaker, Rt. Hon. Abbas Tajudeen, conveyed the Green Chamber’s position assuring Nigerians that the House would guarantee transparency, accountability and effective implementation of the Federal Government’s Crude Oil Policy.

Speaking through the Minority Leader Kingsley Chinda at the inauguration of the Ad-hoc Committee on the Implementation and Oversight of the policy, Speaker Abbas described the exercise as a crucial step toward strengthening transparency and efficiency in one of Nigeria’s most important energy sector initiatives.
He said the committee has been entrusted with the vital responsibility of monitoring implementation, ensuring inter-agency coordination, and assessing the policy’s effectiveness. “Its work is critical to making sure the objectives of the policy are met, and that any gaps in execution are promptly addressed. The House expects nothing less than a thorough, impartial, and well-documented process that contributes to the stability of our economy,” the Speaker said.Abbas noted that the policy carries far-reaching implications for Nigeria’s foreign exchange stability, revenue generation, and long-term energy security. He stressed that a comprehensive review of its framework will help determine whether the policy is meeting its goals and identify adjustments where necessary.“Such an assessment will provide the House with clearer guidance in exercising its legislative commitment. We trust the committee to deliver results that meet the expectations of this chamber and the hopes of the people we serve,” he added.The Speaker reaffirmed that the 10th House remains committed to supporting President Bola Ahmed Tinubu’s Renewed Hope Agenda, particularly in addressing economic challenges confronting Nigerians.“Our resolve is to ensure the legislature remains a true partner in progress by aligning its priorities with the aspirations of the people and the policy direction of government. We are committed to working across party lines and with all stakeholders to promote sustainable growth, enhance citizens’ welfare, and safeguard national resources for present and future generations,” he said.He emphasized that stakeholder engagement will be central to the committee’s work, noting that collaboration with government agencies, industry players, civil society, and other actors would enrich the process and strengthen public confidence.“The task before this committee requires diligence, courage, and a clear sense of purpose. I urge members to carry out their assignment with integrity, objectivity, and dedication, mindful that their deliberations will shape the policy and affect the well-being of millions of Nigerians,” Abbas charged.In his remarks, the Chairman of the Committee, Hon. Boniface Emerengwa, said that despite Nigeria’s abundant crude oil reserves, the benefits have not always translated into maximum value for citizens.He noted that the volatility of foreign exchange markets, dependence on the dollar, and economic vulnerabilities make it necessary to explore innovative solutions such as the Naira-for-Crude Policy. “The policy seeks to create a framework where crude oil transactions are increasingly denominated in Naira rather than foreign currencies. If well-structured, it will boost confidence in the Naira, reduce pressure on our reserves, stimulate domestic economic activities, and reinforce Nigeria’s sovereignty over its resources,” he explained.Emerengwa added that the committee’s mandate is to critically examine the feasibility and sustainability of the policy, engage with stakeholders across government and industry, and make evidence-based recommendations to guide the House.

NEWS

2027: INEC Steps Up Preparations, Completes Nine Activities

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By Tambaya Julius, Abuja 

The Independent National Electoral Commission (INEC) has completed nine of the 14 activities on its timetable for the 2027 general elections, while addressing complaints from political parties over alleged omissions and discrepancies in candidates’ lists.

The development emerged at a youth engagement programme in Abuja, where electoral stakeholders also called for measures to protect young voters from violence and strengthen public confidence in the electoral process.

The INEC Chairman, Prof. Joash Amupitan, represented by the National Commissioner for Information and Voter Education, Dr.

Mohammed Haruna, said the commission was reviewing its preparations and working to resolve outstanding issues ahead of the polls.

The event, titled “The Electorate: A Youth Dialogue with INEC,” was organised by Abuja Global Shapers Community (AGC) in partnership with Nigeria Youth Futures Fund, Yiaga Africa Abuja and Enough is Enough Nigeria, under the theme, “Let’s Talk About the 2027 Elections.”

Haruna said the commission had made progress on key activities, including the publication of candidates nominated by political parties for elective positions.

He acknowledged that the publication had generated complaints from some parties over alleged omissions and discrepancies, adding that INEC had invited the affected parties to submit petitions for consideration before finalising the list.

He described the voters’ register as central to the electoral process, noting that it would serve as the basis for identifying and accrediting eligible voters on election day.

Haruna also said INEC had increased the frequency of its meetings to review preparations, assess progress and take decisions necessary for the smooth conduct of the elections.

He explained that the commission comprises a chairman and 12 national commissioners responsible for policy decisions, alongside resident electoral commissioners across the 36 states and the Federal Capital Territory.

The Curator of Abuja Global Shapers Community, Solape Sonuga, urged participants to engage INEC on its readiness for the elections and the measures needed to ensure credible polls.

Sonuga described the 2027 elections as particularly important to young Nigerians, saying the engagement was designed to promote youth participation, strengthen voter education and encourage civic responsibility beyond election day.

The Programme Manager for Governance at Yiaga Africa, Yetunde Bakare, called for deliberate efforts to ensure that young Nigerians could participate safely and meaningfully in the elections.

Citing Yiaga Africa’s voting intention survey, Bakari said 84 per cent of Nigerians surveyed were likely or very likely to vote in 2027. She said 61 per cent feared electoral violence could prevent them from participating, while only 40 per cent of young respondents said they were very likely to vote.

She described the figures as a concern for electoral stakeholders, stressing that voter mobilisation alone would not be sufficient without a safe and accessible environment for participation.

Bakare commended INEC’s preparations, including online voter registration, printable Permanent Voter Cards, planned nationwide mock accreditation exercises and efforts to strengthen the governance of electoral technology and artificial intelligence.

She urged the commission to communicate promptly with voters when technical or operational challenges arise, ensure transparency in the use of electoral technologies and make adequate provisions for eligible voters in hard-to-reach communities.

She also encouraged young Nigerians to seek credible information, reject electoral violence and misinformation, and hold elected officials accountable beyond election day.

Bakari said transparency, effective communication and credible electoral processes were essential to building public trust and ensuring that the 2027 elections reflected the will of Nigerians.

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Foreign News

Senate Demands Compulsory Screening of Foreign Arrivals

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By Eze Okechukwu, Abuja

The Senate yesterday ordered mandatory health screening for every international passenger arriving Nigeria airports, seaports, land borders as Ebola resurfaces in the Democratic Republic of Congo with a scare case reported in the FCT.

The resolution followed an urgent motion by Senator Francis Fadahunsi, who warned that with Lassa fever already ravaging states, Nigeria cannot afford another outbreak.

“Protecting our entry points is far cheaper than managing Ebola,” Fadahunsi told the chamber.

Lawmakers insisted screening must be total and indiscriminate — no exemptions based on nationality or departure country because infected travellers can transit through safe-listed nations.

Senator Diket Plang raised the stakes further, demanding immediate funding for NCDC and Port Health Services, including release of withheld funds and emergency budget.

Senate President Godswill Akpabio said the Federal Government has started releasing Ebola response funds but ordered relevant committees to track every kobo.

“Ascertain whether the funds were released and judiciously utilised. Any outstanding debt must be released by the Finance Ministry without delay,” Akpabio directed.

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Economy

Reps Summon Telecom Operators over Poor Network Services

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By Ubong Ukpong, Abuja 

The House of Representatives on Wednesday, summoned telecommunication operators in the country to appear before it over the present poor network services.

The Ad Hoc Committee investigating the persistent poor quality of telecommunication services in Nigeria gave the chief executive officers (CEOs) of major telecom operators seven days to appear before it and explain the deteriorating quality of network services across the country.

The committee issued the ultimatum at a public hearing in Abuja on Wednesday, directing the CEOs of MTN Nigeria, Airtel Nigeria, Globacom (Glo), Mafab Communications Ltd.

and other telecommunications service providers to appear before it on October 28, 2026.

The resolution followed the adoption of two motions sponsored by Rep. Sunday Umeha and Rep Afam Ogene after the committee expressed displeasure over the failure of the invited telecom operators, including MTN and Mafab Communications, to honour previous invitations and appear before the lawmakers.

The committee directed the Nigerian Communications Commission (NCC) to ensure that all the affected operators comply with the invitation and appear before it at 2 p.m. on October 28 in Hearing Room 447 of the New Building of the National Assembly Complex, Abuja.

It also directed the operators to submit all relevant documents to the committee on or before the scheduled date and account for the persistent decline in service quality, which has continued to affect millions of subscribers and businesses across the country.

The lawmakers warned that any chief executive who failed to honour the invitation would face a possible summons for arrest to compel their appearance before the committee.

Speaking at the hearing, the committee’s Chairman, Rep. Olumide Osoba (APC-Ogun), said telecommunications services had become indispensable to Nigeria’s economy, extending beyond voice calls and internet access to critical commercial activities, including Point of Sale (POS) transactions.

Osoba noted that businesses, financial transactions and other essential services depended heavily on reliable telecommunications networks, making the persistent decline in service quality a matter of serious national concern.

He said the House constituted the ad hoc committee to investigate the recurring complaints by subscribers and determine the factors responsible for the poor quality of services provided by telecommunications operators.

The chairman, however, expressed concern that the invited chief executives had continued to evade direct engagement with the committee by offering various excuses or sending lower-ranking officials to represent them.

He said the practice undermined the purpose of the parliamentary investigation, stressing that the committee expected the chief executives, who were in a position to explain their companies’ operational challenges and commitments, to appear in person.

Also speaking, Rep. Ibe Osonwa expressed displeasure over what he described as the operators’ disregard for the House, despite the substantial revenue they generated from their operations in Nigeria.

Osonwa said it was unacceptable for companies benefiting from the Nigerian market to ignore invitations from the legislature, particularly when the purpose was to obtain explanations on issues directly affecting their customers and the wider economy.

He stressed that telecommunications operators had a responsibility to account for the quality of services delivered to Nigerians, adding that the House would not overlook any attempt to frustrate its investigation.

In his ruling, Osoba urged the NCC to ensure full compliance with the committee’s resolution, reiterating that the affected telecommunications operators must appear before the lawmakers on October 28 and provide the necessary explanations and documents.

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