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Buhari Dissolves, Proclaims 9th Assembly …Lawmakers Recount Legacies, Praise Saraki, Dogara’s Leadership
President Muhammadu Buhari, yesterday, pronounced the dissolution of the Eighth Session of the National Assembly, and announced the proclamation of the Ninth Session of the Parliament billed to commence on Tuesday, June 11.
The Clerk to the National Assembly, Mohammed Sani Omolori, confirmed this while addressing journalists in his office, yesterday.
He said, “I want to confirm that I have received proclamation from the President of the Federal Republic of Nigeria.
“The first is on the dissolution of the Eight National Assembly, while the other one is on the convening of the first session of the Ninth National Assembly.
“The proclamation of the dissolution of the Eight National Assembly takes effect from 12 midnight of 8th June.
“By implication, from 8th of June by 12 midnight, the Eight National Assembly stands dissolved.
“Similarly, the Ninth National Assembly will be inaugurated and first sitting will be held on Tuesday, 11th of June by 10:00 a.m. in the National Assembly Complex.”
However, the 8th Senate, presided over by Dr Bukola Saraki, yesterday, adjourned sine die after a valedictory session which marked the last official assignment of the 8th Senate.
There were mixed feelings at the valedictory session, when senators took turns to appraise their performance for the past four years.
The Upper Chamber, which for some time had been scanty in attendance after the 2019 general election, was packed full with lawmakers takening turns to speak on their experiences since 2015 when the Senate was inaugurated.
In his remarks, Sen. Magnus Abe (APC-Rivers), commended his colleagues for working tirelessly in preserving the Senate as an institution.
Abe said “it was the desire to serve Nigeria that brought us here. We preserved this institution for others to come and make their contribution.
“We may not have served perfectly but we represented the highest standard of integrity. May God bless us all,” he said.
Also speaking, Sen. Shehu Sani (PPP-Kaduna) said lawmakers were not elected to only represent their constituents, but also to protect the interest of the country at large.
He pointed out that lawmakers had a duty to define their role in history by defending the institution of the National Assembly.
Sani said that one thing every lawmaker ought to take note of was to serve with honour and leave with more honour and also by standing for the truth irrespective of religious, ethnic affiliation or party leaning.
“As a parliament, it is a calling. We are not just here to represent the people, but to stand for issues that are germane,” he said.
On the performance of the 8th Senate, Sani said, there was no doubt it passed through turbulence, noting that “every national assembly has its challenges.
Similarly, the 8th House of Representatives has ended its tenure after four years in office and has adjourned indefinitely in accordance with the provisions of the Constitution.
This was sequel to a unanimous adoption of a motion by the Majority Leader of the House, Rep. Femi Gbajabiamila (APC-Lagos) at the end of the valedictory session, yesterday in Abuja.
Earlier, the Speaker, Hon Yakubu Dogara had said that the House was inaugurated on June 9, 2015.
He appreciated the members for the confidence reposed in him and for electing him speaker of the House in 2015.
Dogara said that the House passed a total of 382 bills out of which 76 were assented to by the President.
He said that with 382 bills passed by the 8th House of Representatives, it had surpassed records of all previous assemblies. Dogara said that the 8th House of Representatives was the most harassed in the history of the country, yet it sustained the legacies of its past leaders.
“It appears we are losing the fight against violence and as if that is not bad enough, the situation is so dire that known statesmen are becoming petrified and speaking up in ways that may further rend our national fault lines.
“It is like we refused to hear the whispers and now the screams are threatening our ear drums.
“This is a national problem that we can only solve if we pull ourselves together and not apart regardless of political persuasions or creed.
“The challenge is to get the leadership that throws out politics and partisanship out of the window.
“Leadership that reins in all our best human and material resources to confront these menacing challenges.
“Yet, instead of uniting to confront this very danger, all one hears are sermons of divisiveness and permutations for 2023 elections. I wonder if this is not how the bottom looks like,” he said.
Meanwhile, the National Assembly management has given outgoing members of the 8th Senate three days to handover their office keys.
The announcement was made by the Senate President, Dr Bukola Saraki, yesterday, at the beginning of the valedictory session of the 8th Assembly at the National Assembly, Abuja.
The announcement is the fourth agenda on the Order Paper of the day.
The 8th Senate, which was inaugurated on June 9, 2015, would come to an end on June 6.
Reading the letter by the Committee on Recovery and Preparation of the 8th Assembly Offices’ Furniture and Equipment for Ninth Senate titled: “Handing Over of Office Keys, Furniture Equipment,” Saraki urged the lawmakers to hand them over between yesterday and Saturday.
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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally
President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.
Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.
He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.
“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.
He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.
The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”
Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.
He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.
“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.
The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.
Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.
Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.
Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.
Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.
“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.
He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.
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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow …Restates Commitment Towards Veterans’ Welfare
The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.
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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.
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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.
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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.
?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph, Port Harcourt”, he said.
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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.
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Fubara Redeploys Green As Commissioner For Justice
The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.
Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.
This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.
According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.
The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.
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