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Reps Vow to Pass PIB, Others

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By Orkula Shaagee, Abuja

The  Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, Tuesday, said the House would work assiduously to ensure that important legislations  like the Petroleum Industry  Bill (PIB) and the bill prohibiting estimated billing were passed before the end of the life of the 9th Assembly.

Gbajabiamila, who disclosed this at the resumption of plenary by the House of Representatives, also urged all adhoc committees to conclude their assignments and hand over to standing committees.

He revealed that before proceeding on recess, the House of Representatives considered 13 bills and received and debated 57 motions.

”Before we adjourned the House on July 25,  action through the consideration of 13 number of bills including Electric Power Sector Reform Act (Amendment) Bill 2019, Physically Challenged (Empowerment) Bill 2019 and Student Loan (Access to Higher Education) Bill 2019. We had also in that time received and debated 57 number of motions on a range of issues including the non Remittance of Contribution into the NSIFT by the Federal, States, Local Government and Some Public and Private Organisations.”Work on those Bills and those motions will continue, even as we continue to receive, debate and act on other new legislation.All ADHOC Committees to wind up and handover to standing committees by September 30th. I fully expect that in
this session, the House of Representatives will consider important legislation such as the Petroleum Industry Bill (PIB)I believe that we in this 9th Assembly are ideally suited to surmount the obstacles that have mitigated against passage of this essential reform legislation which is important if we are to properly address the structural, operational and policy challenges and inefficiencies in the Nigerian petroleum industry, and position the industry to best serve the interests of all the Nigerian people.”In addition to the Petroleum Industry Bill reintroduction of the of Bill prohibiting Estimated Billing in the power industry, intended to put a permanent end to the wastefulness and unfairness created by an unreliable and arbitrary system that imposes unforeseen costs on individuals
and businesses alike, the Education Bank Bill, designed to ensure that no child in this 21st century is unable to get a quality tertiary education in Nigeria dues to a lack of means and the Nigerian Content Development and Monitoring Bill which will serve to broaden the Local Content Act and ensure the original intent of the Act is made real in the lives of our people,” he said.


POLITICS

Tinubu Forwards Tax Reforms Bills to NASS, Changes FIRS to NRS

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By Eze Okechukwu, Abuja

Both Chambers of the National Assembly Thursday received four different executive bills fromPresident Bola Tinubu yesterday forwarded four different Executive Bills to both chambers of the National Assembly, for far reaching tax reforms; one of which was the one seeking the renaming of Federal Inland Revenue Service (FIRS) to Nigeria Revenue Service (NRS).

The name changing bill for FIRS as contained in the letter read on the floor of the Senate by Godswill Akpabio, the Sena President was titled: ” The Nigeria Revenue Service (Establishment) Bill which according to President Tinubu, seeks to repeal the Federal Inland Revenue Service (Establishment) Act, No.
13, 2007 and establishes the Nigeria Revenue Service, to assess, collect and account for revenue accruable to the government of the federation.Other reforms bill in the letter titled: “Transmission of Fiscal Policy and Tax Reform Bills to the National Assembly”, were; the Nigeria Tax Bill which seeks to provide a consolidated fiscal framework for taxation in Nigeria; the Nigeria Tax Administration Bill, which seeks to provide a clear and concise legal framework for the fair, consistent and efficient administration of all the tax laws to facilitate ease of tax compliance, reduce tax disputes and optimize revenue, the Joint Revenue Board (Establishment) Bill which aims at establishing the Joint Revenue Board, the Tax Appeal Tribunal and the Office of The Tax Ombudsman for the harmonization, coordination and settlement of disputes arising from revenue administration in Nigeria.According to the President, the proposed tax bill presents substantial benefits to a library, government connectives and economic growth by enhancing tax payers compliance, strengthening fiscal institutions, and fostering a more effective and transparent fiscal regime.”I am confident that the bill when passed will encourage investment, boost consumer spending and stimulate Nigeria’s economic growth”, he stressed.

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POLITICS

Bago Submits N213.7bn Supplementary Budget to Assembly

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From Dan Amasingha, Minna

Niger state governor, Mohammed Umaru Bago has submitted a supplementary budget of N213, 737, 470, 338.00 to the State House of Assembly.The proposed Supplementary budget captures provisions for the new N70, 000 National Minimum Wage for civil servants in the state.

Announcing the receipt of the Governor’s correspondence on the floor of the House at plenary session on Thursday, the Speaker, Rt.
Hon.
Abdulmalik Sarkin Daji said the supplementary budget came along with three other correspondences to the legislators.The Speaker emphasised the importance of the proposed 2024 Supplementary Budget, highlighting its potential to stimulate economic activities in the state due to the anticipated increase in funds.
He stated that the budget would be considered by the House and subsequently passed into law.The recurrent expenditure is set at N36, 859,819,029.12, while the capital expenditure stands at N176, 877,651,108.88.In addition to the supplementary budget, the House also received the 2024 proposed revised budget, submitted by Governor Bago for review and approval. The governor highlighted the necessity of revising the budget to align with current economic realitiess, citing factors such as the removal of fuel subsidies, inflation, and the devaluation of the naira.The revised budget aims to support the government’s development initiatives and provide essential social services to the citizens.Bago also submitted the Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF and FSP) 2025-2027 for the House’s deliberation and approval, in accordance with the State Fiscal Responsibility Law (FRL) 2010 Section 13(i) b.In addition to the request, the governor nominated Alh Ahmed Abubakar for the position of Auditor-General for Niger State, subject to the House’s screening and confirmation.

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POLITICS

President’s Independence Day Speech False Claims, Empty Promise, Says PDP

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By Johnson Eyiangho, Abuja

The Peoples Democratic Party (PDP) has described the 64th Independent Day Speech by President Bola Ahmed Tinubu as “False performance claims and empty promises” scripted to deceive Nigerians.

The PDP in a statement by its Spokesman, Hon.

Debo Ologunagba also described the President’s speech as a complete waste of time as it did not address issues or proffer any solution to the myriads of economic and security hurting Nigerians.

The statement said the speech confirmed Tinubu’s insensitivity towards the plight and demands by Nigerians, adding it was an indication that there is no hope in sight under the APC-led government.

“The failure of the speech to respond to the cries of millions of Nigerians that President Tinubu eases their suffering by reviewing life-suffocating policies of his government also validates concerns in the public space of an emerging totalitarianism where certain individuals or group of individuals are benefitting from the travail of the people.

“It is indeed shocking that Mr. President’s speech practically trivialized the very grave issues of pervasive economic hardship, unemployment, acute poverty, widespread hunger and starvation in our country- for which Nigerians took to the streets in August this year- by claiming that about 10% of Nigerians have been plunged into hunger when confirmed reports show that over 100 million Nigerians can no longer afford their daily meals and other basic necessities of life under the APC watch.

“Equally appalling is Mr. President’s irreconcilable assurances of micro-economic improvement, lower cost of living and food sufficiency, when in reality his administration has failed to lower the price of fuel; the key driver of our nation’s economy, failed to inject resources into the productive sector to boost employment, stem the slide of the Naira and made no tangible investment in food production in any part of the country” the statement said.

It said that the President’s failure to listen to Nigeria to reduce the price of fuel, create employment and lift the value of the Naira by ending the profligacy in his government and direct resources to jumpstart the ailing productive sector showed that the APC administration is completely disconnected with Nigerians especially the youths.

It said the APC-led administration is determined to stifle democracy; the very fundamentals of any independent nation as it is loudly silent on the erosion of credible election and constant attacks on constitutionally guaranteed rights of citizens.

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