Communication Minister Attributes Rising Inflation, Operations Cost To 50% Tariff Increase

Communication Minister Attributes Rising Inflation, Operations Cost To 50% Tariff Increase

By Oluwakemi Kindness Minister, Communication Innovation and Digital Economy, Tijani Bosun, has attributed the recent 50% increase in telecommunications tariffs to global inflation and rising operational costs. The Minister while appearing before the joint committees on communication added that the decision aligns with broader economic patterns, where tariffs can lead to higher consumer prices due to the added costs on imported goods. Speaking to journalists moments after defending his Ministry’s […]

January 23, 2025 6

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National Assembly

Reps Laments Poor Budgetary Release to Ministry of Environment

By Oluwakemi Kindness The House of Representatives Committee on Environment on Thursday decried the low release of funds to the Ministry of Environment. According to the committee, this has led to several missed opportunities to address environmental challenges facing the country. This is as the Minister of Environment, Abbas Balarabe Lawal, told the committee that it installed about 2,200 units of solar street lights in communities in 2024. Speaking at […]

January 9, 2025 34 3 2

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National Assembly

House Reads Riot Act To MDAs Over Defence of 2025 N49.74tn Budget

By Oluwakemi Kindness The House of Representatives says it is commencing scrutiny of the 2025 budget with Ministries, Departments and Agencies (MDAs) on Tuesday. This is as the House cautioned MDA against not showing up for their defense sessions saying there would be sanctions for such actions. Chairman, House Committee on Appropriations, Abubakar Kabir Bichi, disclosed this in an interview with journalists after the inaugural meeting of the panel on […]

January 6, 2025 14 1

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National Assembly

Stampedes: My Heart Goes Out to Families, Loved Ones of Victims -Deputy Speaker

By Oluwakemi Kindness The Deputy Speaker of the House of Representatives, Benjamin Kalu has offered his sincerest condolences to the families of the victims of Saturday's stampedes in Abuja, the Federal Capital Territory (FCT) and Okija in Anambra State. In a statement on Sunday by his Chief Press Secretary, Levinus Nwabughiogu, Kalu described the occurrences that claimed multiple lives during the sharing of Christmas palliatives at Holy Trinity Catholic Church, […]

December 22, 2024 12 27

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Economy

NAICOM Hails Passage of New Insurance Bill by 10th Senate

By Oluwakemi Kindness The National Insurance Commission (NAICOM) has lauded the Senate following the passage of the new Insurance Consolidated Bill. NAICOM which said it warmly welcomes the passage noted that it is optimistic that the legislation will unlock the growth, prosperity, and potentials of the insurance sector. The commission in a statement said the passage of the Bill has marked a significant milestone in the country's efforts to revamp […]

December 18, 2024 18 2

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National Assembly

2025 budget: Nigeria’s Fiscal Realities Warrant Critical Reflection says Speaker Abbas

By Oluwakemi Kindness The Speaker of the House of Representatives, Abbas Tajudeen, on Wednesday tasked the government on the need to reflect on the fiscal realities of Nigeria’s economy, especially the budget-population ratio of the country, when Nigeria is compared with other countries in Africa. This is as he noted that the Tinubu's administration has taken bold and decisive steps to reform the economy in the past 18 months. Speaker […]

December 18, 2024 18 2

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Security

Speaker Abbas Advocate Non-kinetic Strategies to Addressing Nigeria’s Security Challenges

By Oluwakemi Kindness The Speaker of the House of Representatives, Abbas Tajudeen, says non-kinetic strategies are capable of deescalating the various security crises in Nigeria. This is as he noted that social and economic inequalities are part of the factors causing security challenges. Speaker Abbas made this known in his keynote address at the Workshop for Security-Based Committees on Non-Kinetic Strategies to Combat Insecurity and Terrorism in Nigeria, which was […]

December 16, 2024 16 2

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News

FG to Save N640bn On Abuja-Kano Road Construction Using Concrete

By Oluwakemi Kindness The Minister of Works, Senator Dave Umahi, has defended the Federal Government's decision to switch from using asphalt for the construction of the Abuja-Kaduna-Zaria-Kano road to using concrete. According to the Minister the decision will save the Government over N640 billion. The contract for the construction of the road which was awarded to Julius Berger was recently terminated by the Minister, who accused the contractor of unethical […]

December 14, 2024 18 3

National Assembly

NILDS felicitate with Senate President @ 62.

By Oluwakemi Kindness The Director General National Institute for Legislative and Democratic Studies, NILDS, Professor Abubakar Sulaiman has felicitated with the President of the Sanate, Senator Godswill Akpabio, on his 62nd birthday. In a statement signed by Professor Sulaiman, he appreciated Senator Akpabio who is the Chairman NILDS Governing Council for being a blessing and a rare gift to Nigeria's Democratic Institutions. While praying God to grant him many more […]

December 9, 2024 11

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