The 10th House of Representatives has approved President Bola Tinubu’s request to borrow $2.35 billion to help finance part of the 2025 Budget deficit. In addition, the green chamber yesterday endorsed the President’s proposal to issue a $500 million debut sovereign sukuk in the international capital market (ICM) to support key infrastructure projects and diversify Nigeria’s financing sources. The approvals followed the consideration and adoption of the report of the House Committee on Aids, Loans, and Debt Management, which reviewed the borrowing plan and recommended its implementation. According to the…
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H’Reps raise alarm over terrorists’ threat to bomb NASS complex
The Chairman of the House of Representatives Committee on Internal Security, Garba Muhammad, yesterday disclosed that the National Assembly has received threats from terrorists to bomb the complex. Garba, who stated this during a public hearing on a Bill seeking to establish a Legislative Security Directorate, designed to enhance security management and safeguard lawmakers, staff, and visitors within the National Assembly. He said, “We have received threats from terrorists to bomb the National Assembly Complex and threats from protesters to lock up the National Assembly”, and called for urgent fortification…
Read MoreH’Reps moves to create Ibadan state; Bill passes second reading
The 10th House of Representatives has taken a major step toward the creation of a new state in the South-West region, as a Bill seeking to establish Ibadan State from the present Oyo State passed its second reading. This followed the consideration of the Bill to alter the Constitution to provide for the creation of Ibadan State with Ibadan as the proposed capital city at the plenary, yesterday. If successful, the move would mark the first creation of a new state in Nigeria since the country’s return to democratic rule…
Read More“Our debts alarming, we must stop reckless borrowing” – H’Reps Speaker, Abbas
Speaker of the 10th House of Representatives, Abbas Tajudeen, has raised alarm over Nigeria’s rising debt profile, warning that it has crossed the country’s statutory threshold, and now threatens fiscal sustainability. Speaking yesterday at the opening of the 11th Annual Conference and General Assembly of the West Africa Association of Public Accounts Committees (WAAPAC) at the National Assembly, Abuja, Abbas said Nigeria’s debt had reached “a critical point”, and called for urgent reforms in borrowing practices and oversight. “As at the first quarter of 2025, Nigeria’s total public debt stood…
Read MoreH’Reps threaten arrest warrant against CBN Gov. Cardoso
The House of Representatives Joint Committees on Public Accounts and Public Assets have threatened to issue an arrest warrant for the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso. The move follows his continued failure to appear before the 10th National Assembly and comply with resolutions concerning the Fiscal Responsibility Act 2007 and the Finance Act 2020. In a joint statement issued on Friday, the chairmen of the committees—Hon. Bamidele Salam (Public Accounts) and Hon. Ademorin Kuye (Public Assets)—accused the apex bank chief of repeated disregard for legislative…
Read MoreH’Reps commences annual recess, to reconvene late Sept.
The 10th House of Representatives has commenced its annual recess, adjourning legislative activities until September 23, 2025. The Motion to proceed on the two-month break was moved, seconded, and unanimously adopted by members during plenary. The initial resumption date of September 17 was adjusted, as stated in an internal memo issued by Clerk of the House, Dr. Yahaya ƊanZaria, on behalf of the House leadership. According to a statement from the House spokesperson, Rep. Akin Rotimi, Jr., “during the recess, members were actively engaged in their constituencies, addressing pressing concerns…
Read MoreH’Reps to consider creation of new LG in Zamfara
The 10th House of Representatives is set to receive a request for the creation of Kurya Madaro local government area in Zamfara State. If successful, it would be carved out of the present Ƙauran-Namoda local government area. With a proposed headquarters at Kasuwar Daji, a memorandum detailing the imperative of creating the proposed council has been submitted to the member representing Ƙauran Namoda/Birnin-Magaji Federal Constituency, Zamfara, Hon. Aminu Jaji, for transmission to the House Committee on Constitutional Amendment. Jaji, while briefing newsmen yesterday, expressed hope that the request for the…
Read MoreH’Reps summon Edun, Cardoso over audit infractions, Fiscal Act breach
The Joint House of Representatives Committee on Public Account and Public Assets have invited the Minister of Finance, Wale Edun and the Central Bank of Nigeria Governor, Olayemi Cardoso to appear before it on Monday June 16, 2025, over allegations of non-compliance with the provisions of Fiscal Responsibility Act 2007. They top government officials are also expected to answer questions on the internal control weaknesses identified in the 2021 reports by the Office of the Auditor-General for the Federation. In a letter signed jointly by the Chairmen, House Committee on…
Read MoreH’Reps uncovers ₦250bn missing from Govt. accounts
The Public Accounts Committee (PAC) of the House of Representatives has sounded the alarm over the disappearance of more than ₦250 billion in public funds, as revealed in audit reports from the Auditor-General of the Federation. Speaking at a press briefing on Tuesday at the National Assembly in Abuja, PAC Chairman, Bamidele Salam expressed deep concern over the growing wave of financial irregularities within federal agencies. According to Salam, the audit reports pointed to serious lapses in accountability, with the massive sum still unaccounted for across several ministries, departments, and…
Read MoreH’Reps bow to pressure, withdraw compulsory voting Bill
The 10th House of Representatives, has officially withdrawn the controversial bill that sought to make voting mandatory for all eligible Nigerians. The bill, which was co-sponsored by Abbas and Daniel Ago—who represents Bassa/Jos North Federal Constituency in Plateau State—had earlier passed its second reading in the House on May 15. While presenting the bill, Ago argued that the proposed amendment to the Electoral Act 2022 was aimed at addressing Nigeria’s persistent challenge of low voter turnout during elections. However, the bill has now been pulled back, following growing concerns and…
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