Politics
Mortgage Brokers Bill Scales Second Reading
A Bill for an Act to establish the Institute of Mortgage Brokers and Lenders of Nigeria has passed a second reading at the House of Representatives.
The bill, sponsored by Rep. Timothy Golu (Plateau-PDP), seeks to regulate activities and ensure professionalism in the mortgage system in the country.
Golu noted that shelter is a basic necessity of man and that every man was entitled to a decent accommodation.
According to him, many Nigerians are struggling hard to own property and decent houses.
Golu said “everything goes” in the current mortgage system in the country and that quacks had taken over the system.
As a result, there are many avoidable litigations in various courts across the country, the law maker noted.
Golu further observed that professionals in any sector of the economy have a body that regulates their activities.
He said such regulation was responsible for that high level of sanity and professionalism displayed by practitioners in law, media, and construction sectors, among others.
According to him, the mortgage sector has the capacity to attract investments and aid the ongoing efforts of government to diversify the economy.
Opposing the bill, Rep. Lawal Abubakar (Adamawa-APC), said that establishing the institute would amount to proliferation of government agencies.
He observed that a department dedicated to overseeing the mortgage sector already existed in the Central Bank of Nigeria (CBN).
Abubakar said that the Mortgage Banks Association which controls the activities of its members was also in existence.
In his ruling, the Speaker Yakubu Dogara referred the bill to the House Committee on Housing for further legislative actions.
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APC Unveils New NWC At National Convention
Delegates at the convention, held at the Eagle Square, also produced a new national working committee (NWC) through a consensus arrangement endorsed by stakeholders.
Dr Ben Nwoye was named deputy national chairman (south), replacing Mr Emma Eneukwu, following consultations within the party.
Sources within the party said the decision was influenced by zoning considerations and consultations among party leaders, with Mr Peter Mbah, Enugu State governor, playing a significant role in ensuring Dr Nwoye’s inclusion.
In his acceptance speech, Prof. Yilwatda said his re-election was a call to greater service and pledged commitment to unity within the ruling party.
“We are ready to serve, ready to lead, and we are ready to build the party, together with the nation,” he said.
He added that the new leadership would not “fail or falter” in carrying out its responsibilities.
President Bola Tinubu, Vice-President Kashim Shettima, governors, members of the national assembly, and other party leaders graced the convention.
FULL LIST OF APC NWC
• National chairman — Nentawe Yilwatda
• Deputy national chairman (north) — Ali Bukar Dalori
• Deputy national chairman (south) — Benjamin Obi Nwoye
• National secretary — Surajudeen Ajibola Basiru
• Deputy national secretary — AbdulKarim Abubakar Kana
• National legal adviser — Murtala Aliyu Kankia
• National treasurer — Uguru Mathew Ofoke
• National financial secretary — Haruna Ginsau
• National organising secretary — Muhammad Sulaiman Argungu
• National welfare secretary — Donatus Enyinnah Nwankpa
• National publicity secretary — Felix Morka
• National auditor — Abubakar Maikafi
National women leader — Mary A. Idele
• National youth leader — Dayo Israel
• National leader (persons with disabilities) — Durotolu Oyebode Bankole
• Deputy national financial secretary — Hammam Adamu Ali Kumo
• Deputy national organising secretary — Emeka Okafor
• Deputy national women leader — Zainab Abubakar Ibrahim
• Deputy national publicity secretary — Meseko Durosinmi Josiah
• Deputy national welfare secretary — Christopher Michael Akpan
• Deputy national auditor — Olugbenga Olayemi
• Deputy national legal adviser — Ibrahim Salawu
• Deputy national treasurer — Ben Akak
• Deputy national youth leader — Jamaludeen Kabiru
• National ex-officio (north-central) — Opawoye Oluwatoyin Bunmi
• National ex-officio (north-east) — Adamu Jallah
• National ex-officio (north-west) — Kano Muhammed Jamu Yusuf
• National ex-officio (south-east) — Ikechukwu Umeh
• National ex-officio (south-south) — Francis Kolokolo.
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