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NASS Moves To Review BPE Act …As Senate Shuts Down For Late Bukar

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The National Assembly says it may present a motion to amend some of the clauses in the share purchase agreement in the Privatization and Commercialization of Public Enterprises under the Bureau of Public Enterprises (BPE) Act of the Federal Government.
The Chairman, House Committee on Privatization and Commercialization of Public Enterprises in the House of Representatives, Hon. Ahmed Yarima, who stated this when members of the committee visited the Port Harcourt Electricity Distribution Company (PHED), in Port Harcourt, yesterday, as part of its oversight function, said the committee was determined to ensure that the right steps were taken towards resolving all challenges.
Yarima, who noted that the committee was saddled with the mandate on all matters concerning privatization and commercialization of public enterprises under the Act, said it would send all findings to the National Council on Privatization (NCP) to ensure that the right steps were taken and challenges resolved.
The lawmaker assured that the committee was determined to take necessary steps and find a common ground towards resolving all the challenges faced by the electricity distribution company.
According to him, ’’The committee has resolved to embark on this visit to interact with the investors and find out exactly the reasons why the public privatization and commercialization of public enterprise performance is low.
‘’The National Assembly is determined to send their findings to NCP and ensure that the right steps are taken towards resolving all the challenges, including amendment of some of the affected clauses in the share purchase agreement’’, he said.
He noted that there was need to overhaul the share purchase agreement and create mechanism between the consumers and the distribution company to work together and achieve one goal.
The chairman condemned the restiveness and violence attitude in the Niger Delta region, stating that it does not tell well for the country.
According to him, ’’their attitude is one of the factors that are preventing foreign investors from coming into the region and country to invest.”
Yerima also condemned the killings and kidnapping of workers of PHED who were working to ensure that electricity was distributed to the public, and assured that the committee has noted some of the challenges and will take action on them.
He said the committee would see how to resolve the challenges faced by the company but warned that electricity cannot be free.
Meanwhile, the Senate on resumption from its two-week Easter break suspended plenary in honour of its member, the late Mustapha Bukar who died on April 4.
Until his death, Bukar, 63, represented Katsina-North Senatorial District in the Red Chamber and was Chairman Committee on Capital Market.
Leader of the Senate, Ahmed Lawan, moved a motion for suspension of plenary.
A minute silence led by the President of the Senate Dr Bukola Saraki was observed for the deceased.
Saraki, thereafter, said a valedictory service would be held today in honour of their deceased colleague who served the country immensely.
“It is a great loss,” Saraki said.
In separate interview, Sen. Abu Ibrahim (APC-Katina South) said every life will test dead.
“We are in this world as actors on stage: we come and do our action and leave.
“He was a prominent politician, a well known person, he was my in-law, my son is married to his daughter, he was a highly respected person,” he said.
Similarly, Sen. Victor Umeh (APGA-Anambra) prayed God to “spare the National Assembly of these deaths.”
“We carry a lot of stress, a lot of problems of Nigerians here.
“These sudden deaths are signs that those who are in the National Assembly to take things easy.
“Nigerians should pray for the members of the National Assembly,” he said.
Meanwhile, President Muhammadu Buhari in a letter to the Senate dated April 4, 2018, said “I was saddened to receive the news of the deaths of Senators Ali Wakili and Mustapha Bukar”.
He said their various contributions to the Senate deliberations and the wider democratic process in the country had been of immense values.
“Please accept Mr Senate President, the expression of my deepest sympathy,” Buhari said.
Meanwhile, the House of Representatives suspended all legislative activities, yesterday, just within hours of reconvening after the Easter break.
The action was taken to honour its late Deputy Majority Leader, Mr. Buba Jibril.
A formal valedictory session would also be held for Jibril, today.
The Speaker, Mr. Yakubu Dogara, made the announcement as soon as members re-entered the chambers after the break.
Jibril had died in a Turkish hospital in Abuja on March 30, of an undisclosed illness, aged 58.
The Kogi State All Progressives Congress (APC) politician represented Lokoja/Kogi Federal Constituency.
Jibril died a day after the House adjourned for Easter on March 29.
The convention of the House is that members will suspend legislative activities for a day in honour of a deceased colleague.
Before shutting the plenary, yesterday, Dogara had called for prayers to be offered for the repose of Jibril’s soul.
Mohammed Sani-Abdu and Mr. Karimi Sunday said the prayers before all proceedings were suspended.
An architect by training, Jibril first won election to the National Assembly in 2007.
The late deputy leader had formerly been a member of the Kogi State House of Assembly from 2003 to 2007 and also served as the speaker of the state’ legislature..
The 1990 graduate of the University of Jos, was a member of the Peoples Democratic Party in 2003 to 2015 before he defected to the APC ahead of the general elections.
He was elected the deputy leader of the House on June 9, 2015.

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Victory Over Insurgency Certain, Tinubu Assures

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President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.

The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.

He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.

Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.

“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.

“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.

The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.

Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.

He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.

“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”

The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.

The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.

Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.

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US Embassy, Lagos Consulate Close Today For President’s Day

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The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.

The mission made this known in a notice shared on its official X page, yesterday.

“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.

According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.

The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.

In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.

Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.

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Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role

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United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.

Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.

The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.

Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.

“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.

The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.

Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.

The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.

In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.

“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.

Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.

He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.

Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.

 

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