The Nigerian National Assembly passed a bill to increase the Central Bank’s loan limit to the Federal Government from 5% to 10% of annual revenue. EKO HOT BLOG reports that the two chambers of the National Assembly passed a bill on Wednesday to increase the percentage of Ways and Means loans the Central Bank of Nigeria … Read more
The National Assembly has scheduled an emergency meeting for Thursday to resolve discrepancies between the Senate and House versions of the 2024 budget. EKO HOT BLOG reports that the National Assembly has scheduled an emergency meeting for Thursday to address and correct an error in the 2024 budget. According to The Sun, sources within the National … Read more
Senator Orji Uzor Kalu supports a part-time legislative system for state and federal lawmakers to reduce expenses and improve public confidence in the government. EKO HOT BLOG reports that Former Governor of Abia State, Senator Orji Uzor Kalu, has voiced his support for implementing a part-time legislative system for both state and federal lawmakers. The former … Read more
Ndume, Criticism And The Price of Hypocrisy Senator Mohammed Ali Ndume is no doubt a vocal lawmaker right from his days as a member of House of Representatives. Since 2003 that he was first elected as a lawmaker to the National Assembly, Ndume has displayed eloquence and occupied various leadership positions. For 21 years, Ndume … Read more
Sanwo-Olu has made demands from FG on Lagos waterways. Eko Hot Blog reports that Lagos State Governor, Mr Babajide Sanwo-Olu, on Thursday, called on the Federal Government to enhance the working relationship between the state and the National Inland Waterways Authority (NIWA). EDITOR’S PICKS ANALYSIS: Biden Set For Crucial Interview On ABC News; Will He … Read more
The Senate on Wednesday held a closed-door meeting to address the feud between Senator Ireti Kingibe of the Federal Capital Territory (FCT) and FCT Minister Nyesom Wike. Eko Hot Blog reports that the session, led by Senate President Godswill Akpabio, was called after Senator Kingibe raised a matter of privilege. The clash between Senator Ireti … Read more
On Wednesday, July 3, the Senate attributed the recent suicide bombings in Gwoza town, Borno State, to a failure of intelligence by security forces. Eko Hot Blog reports that Senate President Godswill Akpabio made this statement during his contribution to the debate on a motion concerning the incident, which was sponsored by the Chief Whip … Read more
The Senate has raised concerns about the increase in substandard petrol and diesel in Nigeria. EKO HOT BLOG reports that the Senate on Wednesday raised an alarm over the increase in substandard Premium Motor Spirit (petrol) and diesel in the Nigerian market. Senator Asuquo Ekpeyong noted that on June 16, 2024, a report revealed that 12 … Read more
EKO HOT BLOG reports that both the Senate and House of Representatives on Tuesday, passed bills advocating for the creation of Adada and Etiti states in the South-East. Senator Okey Ezea of the Labour Party, representing Enugu North, sponsored the bill for Adada State. He described the move as bold and justified, noting that the agitation … Read more
The Senate panel probing the N30 trillion Ways and Means loans has received additional documents and will resume its investigation after reviewing them. EKO HOT BLOG reports that the Senate panel investigating the N30 trillion Ways and Means loans taken from the Central Bank of Nigeria (CBN) by the Federal Government has received additional documents from … Read more
The presidency defended the extension of the 2023 Supplementary Budget’s capital section, stating it is necessary to ensure the full implementation of projects hindered by funding issues. EKO HOT BLOG reports that the presidency on Friday defended the National Assembly’s decision to extend the lifespan of the capital section of the 2023 Supplementary Budget, emphasizing it … Read more
Senate President Godswill Akpabio affirmed that the Senate would approve the purchase of a presidential jet if necessary, while denying any current request and dismissing speculations as anticipatory blackmail. Eko Hot Blog reports that Senate President Godswill Akpabio on Thursday declared that if there is a need for the purchase of a presidential jet for … Read more
The Senate extends the 2023 supplementary budget implementation period to December 31, 2024, following an expedited bill passage. Eko Hot Blog reports that the Senate has extended the life cycle of the 2023 supplementary budget from June 30 to December 31, 2024. On Thursday, the Red Chamber suspended all its rules and expedited the passage … Read more
Senate President Godswill Akpabio denies reports that the Senate approved the purchase of new aircraft for President Tinubu and Vice President Shettima, calling it false and the work of propagandists. Eko Hot Blog reports that Senate President Godswill Akpabio has refuted claims that the 10th Senate suggested procuring new aircraft for President Bola Tinubu and … Read more
The Senate has called for an immediate review of security strategies across all government levels due to persistent insecurity. Former Senate leaders emphasized the urgency, highlighting the widespread impact of banditry and kidnappings. Senator Nasiru and Chairman of the Senate Committee on Army, Abdulaziz Yar’Adua, stressed the critical need for a coordinated effort and proper … Read more
The final days of May 2024 caught Nigeria reverting to the old national anthem, like a large family welcoming back a long-lost family member. In a grand homecoming, the Red Chamber and the Green Chamber ushered into this household the old national anthem: “Nigeria, we hail thee”. EDITOR’S PICKS Win-Win Scenarios: How Nigerians Are The … Read more
Eko Hot Blog reports that Lagos State Governor, Babajide Sanwo-Olu, has directed all Ministries, Departments and Agencies (MDAs) in Lagos State to adopt the old national anthem. The state’s Head of Service, Bode Agoro, conveyed the governor’s directive in a circular issued late Wednesday night. EDITOR’S PICKS Win-Win Scenarios: How Nigerians Are The Biggest Beneficiaries … Read more
Tinubu has assented to the National Anthem Bill 2024, reverting to the old national anthem. The Senate and Reps had passed the legislation to swap the national anthem. The old anthem, composed in 1960, has been restored as the national anthem. EKO HOT BLOG reports that President Bola Tinubu has assented to the National Anthem Bill … Read more
The Senate summoned the Minister of Education and the Federal Scholarship Board over delayed grants for Nigerian students abroad. Lawmakers urged the Federal Government to take action against officials responsible for the students’ hardships. The Minister of Education was asked to provide a detailed report on the status and unpaid entitlements of Nigerian students in … Read more
The Senate confirmed Emomotimi Agama as the Director-General of the Securities and Exchange Commission (SEC). The Senate Committee on Capital Markets also approved Frana Chukwuogor, Bola Ajomale, and Samiya Usman as Executive Commissioners. Tinubu had appointed seven SEC members on April 19. the Senate has confirmed Emomotimi Agama as the Director-General of the Securities and … Read more