Connect with us

Politics

RVHA Set To Amend Pensions Law

Published

on

Proceeding in the State House of Assembly has commenced in full swig with members deliberating over the newly promoted Rivers State Pension Reform bill 2019.
The House had, penultimate week, deferred legislative business in honour of those who lost their lives during the just concluded presidential, guber and House of Assembly elections in the state.
Speaker of the Assembly, Rt Hon. Ikuinyi-Owaji Ibani has underscored why the lawmakers had to honour those who lost their lives during the elections with a minute silence.
With a Solemn mood, the House had to defer proceedings to last Tuesday when a letter from the Governor conveying the executive bill on the pension reform law was read on the flow of the House.
Shortly after the bill was read, the leader of the House, Hon. Martin Amaewhule pushed for a motion for it to be adopted, and the bill without hesitation passed a first reading.
According to Amaewhule, the bill is aimed at repealing the state Contributory Pension law of 2012. He opined that once it passes into law, it will address the short comings currently witnessed in the existing pension law.
In addition, the speaker observed that it will end the pains of pensioners who over the years have suffered hardship due to their inability to access their pension contributions over the years.
Ikuinyi pointed that the bill was a response by the State Government to the plight of retirees , as the administration of Chief Neysom Wike has the welfare of workers at heart.
When the House resumed last Thursday, the pension reform bill took centre stage again as debate followed after the speaker opened the floor for contributions by the lawmakers .
Majority leaders, Martins Amaewhule said the bill was historic as impediment in the old pension law will be removed.
He said, “the bill has four major components, and it include the occurred, rights for those who have retired, secondly those who have not been covered will the included, thirdly employers contribution will be effected and fourth death benefits will also be computed.
Amaewhule was of the view that many of these components were unable to be implemented due to shortfall in compliance the employer was unable to make contribution making it difficult for employees to access their monies.
The majority leader observed that the bill will consolidate the old laws by injecting efficiency and thus if it’s assented to by the governor all set backs will be addressed.
He added, “Let nobody be misinformed that pension is not being paid by the state government but because of the current situation it was difficult to do so”.
Other members, who contributed their views to the new bill include, Hon Michael Chinda, Sam Ogeh, Friday Nkece, Mathew Dike, Blessing Pepple, Enemi George Alabo, Christian, Ahiakwo, Deputy speaker Marshall Uwom, and minority leader, Benebo Anabraba.
The bill is now at committee stage as preparation for public hearing commences in full gear.

Continue Reading

Politics

Senate Receives Tinubu’s 2026-2028 MTEF/FSP For Approval

Published

on

The Senate yesterday received the 2026-2028 Medium Term Expenditure Framework and Fiscal Strategy Paper from President Bola Tinubu, marking the formal launch of the 2026 federal budget cycle.

In a letter addressed to the upper chamber, Tinubu said the submission complies with statutory requirements and sets out the fiscal parameters that will guide the preparation of the 2026 Appropriation Bill.

He explained that the MTEF/FSP outlines the macroeconomic assumptions, revenue projections, and spending priorities that will shape Nigeria’s fiscal direction over the next three years.

The letter was read during plenary by the Deputy President of the Senate, Senator Barau Jibrin (APC, Kano North), who urged lawmakers to expedite consideration of the document.

“It is with pleasure that I forward the 2026 to 2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper for the kind consideration and approval of the Senate.

“The 2026 to 2028 MTEF and FSP were approved during the Federal Executive Council meeting of December 3, 2025, and the 2026 budget of the Federal Government will be prepared based on the parameters and fiscal assumptions therein,” the President stated.

Last week, the Federal Executive Council approved the fiscal projections, pegging the oil benchmark price at $64.85 per barrel and adopting a budget exchange rate of ?1,512/$1 for 2026—figures expected to significantly shape revenue forecasts and expenditure planning.

After reading the President’s letter, Jibrin referred the document to the Senate Committee on Finance, chaired by Senator Sani Musa (APC, Niger East), with a directive to submit its report by Wednesday, December 17.

The Senate adjourned shortly after to allow committees to commence scrutiny of the fiscal framework and continue the ongoing screening of ambassadorial nominees.

Tinubu’s communication to the Senate came less than 24 hours after he transmitted the same MTEF/FSP documents to the leadership of the House of Representatives.

The letter was read on the House floor by the Deputy Speaker, House of Representatives, Benjamin Kalu, who also urged timely legislative action as required by law.

The MTEF and FSP are statutory instruments mandated by the Fiscal Responsibility Act and serve as the blueprint for Nigeria’s annual budgets.

They outline the government’s fiscal stance, macroeconomic assumptions, revenue frameworks, projected deficits, and sectoral priorities over a three-year period.

The Tide reports that approval by the National Assembly is a prerequisite for the executive to present the Appropriation Bill for the next fiscal year.

 

Continue Reading

Politics

Withdraw Ambassadorial List, It Lacks Federal Character, Ndume Tells Tinubu 

Published

on

The senator representing Borno South in the National Assembly, Ali Ndume, has criticized President Bola Tinubu’s list of ambassadorial nominees, insisting it breaches the federal character principle and should be withdrawn ahead of this week’s screening by the Senate.

In a statement on Saturday, the former Senate Leader stated that the allocation of nominees across states and geopolitical zones falls short of the constitutional requirement for fair representation in the composition of the Federal Government.

The ex-Senate Whip warned that allowing the list to pass could deepen ethnic suspicion at a time when the administration should be consolidating national unity.

He highlighted disparities in the spread of nominees, noting that while some states have three or four slots, others have none. He also cited the inclusion of Senator Adamu Garba Talba from Yobe, who reportedly died in July.

“The entire North-East states have seven nominees in the list. Further checks revealed that the South-West geo-political zone has 15 nominees, while North-West and South-East have 13 and 9, respectively.

“North-Central region has 10 nominees in the list of career and non-career ambassadorial nominee while South-South parades 12 nominees,” Senator Ndume said.

According to him, such imbalances could heighten tensions and undermine Section 14(3) of the Constitution.

“My sincere appeal to President Tinubu is to withdraw this list. At this critical juncture in his administration, he should avoid missteps that could undermine national unity and foster ethnic distrust.

“I know him to be a cosmopolitan leader who is at home with every segment and stakeholder in the country. He should withdraw that list and present a fresh set of nominees that will align with the spirit of the Constitution on the Federal Character Principle,” Senator Ndume added.

Continue Reading

Politics

PDP Vows Legal Action Against Rivers Lawmakers Over Defection 

Published

on

The Peoples Democratic Party (PDP) has condemned the latest defection announced by some members of the Rivers State House of Assembly, describing the move as a “defection from APC to APC” and an assault on democratic integrity.
In a statement issued on Saturday, the National Publicity Secretary of the PDP, Comrade Ini Ememobong, said the lawmakers had previously defected from the party, recanted their action, and have now “announced the same defection for the second time.”
According to Comrade Ememobong, the development comes as no surprise to the party.
“We have seen on various media platforms news of the redefection of some members of the Rivers State House of Assembly, who, for a second time, announced their defection from our party,” he said. “We recall that they had done so earlier and later recanted. These are people whom the world is aware are doing the bidding of their paymaster and demigod.”

He accused the legislators of undermining the sanctity of the legislature and acting as instruments of destabilization.

“The members of the Rivers State House of Assembly have, by their actions since they assumed office, shown that they are political puppets and a clog in the wheels of democratic progress,” Comrade Ememobong stated, adding that “They will go down in history as enemies of democracy and those who made mockery of the legislature.”

The PDP spokesperson added that the lawmakers’ conduct fits a pattern of political absurdity.

“So the easiest way to describe their action is a defection from APC to APC,” he said.

Comrade Ememobong announced that the party would deploy constitutional provisions to reclaim its mandate from those who have “ignobly and surreptitiously” abandoned the platform on which they were elected.

“Consequently, the PDP will take legal steps to activate the provision of the Constitution of the Federal Republic of Nigeria (1999 as amended) to recover the mandate gained under the banner of our party which these people have now switched to another platform,” he said.

He urged party members in Rivers State to remain calm and steadfast.

“We urge all party members in Rivers State to remain faithful and resolute, as efforts are underway to rebuild the party along the path of inclusiveness, fairness and equity,” Comrade Ememobong assured.

Continue Reading

Trending

Decoration sticker
Decoration sticker
Decoration sticker
Decoration sticker