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NASS Building Almost Collapsing -Speaker …Senate Names Principal Officers …Buhari Sends Ministerial List To NASS
The Speaker of the House of Representatives, Femi Gbajabiamila, has said that the National Assembly Complex was “almost collapsing.”
Gbajabiamila said this when he hosted Boss Mustapha, Secretary to the Government of the Federation, SGF, in Abuja on Monday.
He said the legislative complex is “presently in a sorry state”, urging the federal capital territory administration (FCTA) to take over the maintenance of the building.
“As it is today, the building is almost collapsing. The maintenance is at zero level,” he said.
The speaker, who attributed the present state of the building to funding challenges, said it would be easier for the FCTA to maintain it.
He also said part of what the federal lawmakers need “to have a robust legislature” is a fully-equipped standard library.
“So we will be needing your intervention in this regard. We will need to make the house fully I.T compliant also,” he told Mustapha.
“And how do you work if you don’t have these things on your fingertips? And your office is very critical to actualising these legislative agenda that we have set for ourselves.”
Gbajabiamila, however, said that as part of the reforms of the lower legislative chamber, efforts had been made to upgrade the internet connectivity within the area.
“I’m glad to announce that by tomorrow when we resume sitting, one of our reforms would have been in place; the chamber now is more or less 80 per cent I.T. compliant,” he said.
Meanwhile, the Senate President, Dr Ahmad Lawan, yesterday, read letters from the ruling All Progressives Congress (APC) and the opposition party, the Peoples Democratic Party (PDP), announcing names of Principal Officers for the 9th Senate.
The letters were signed by the APC National Chairman, Comrade Adams Oshiomhole, and his PDP counterpart, Prince Uche Secondus, respectively.
Lawan announced Senator Yahaya Abdullahi, APC, Kebbi North as the Majority Leader.
He also announced the Deputy Leader as Senator Robert Borrofice, APC, Ondo North; Chief Whip as Senator Orji Uzor Kalu, APC, Abia North; and Senator Sabi Aliyu Abdullahi, APC, Niger North as Deputy Majority Whip.
The President of the Senate also announced Senator Enyinnaya Abaribe, PDP, Abia South as Minority Leader; Senator Emmanuel Bwacha, PDP, Taraba South as Deputy Minority Leader; Senator Philip Aduda, PDP, FCT as Minority Whip; and Senator Sahabi Yau, PDP, Zamfara North as Deputy Minority Whip.
The President of the Senate also set up an Ad-hoc Committee on Legislative Agenda to come up with a Legislative Agenda for the Senate in the next two weeks.
The committee is chaired by Senator Adamu Aliero, APC, Kebbi Central.
Other members are Senators Barau Jibrin, APC, Kano North; Abdulfatai Buhari, APC, Oyo North; Olubunmi Adetumbi, APC, Ekiti North; Chimaroke Nnamani, PDP, Enugu East; Uche Ekwunife, PDP, Anambra Central; Istifanus Gyang, PDP, Plateau North; Haliru Jika, Bauchi Central; Albert Bassey Akpan, PDP, Akwa-Ibom North-East; Eremienyo Wangagra Degi, PDP, Bayelsa East; Ifeanyi Ubah, YPP, Anambra South and Senator Sadiq Suleiman Umar, APC, Kwara North.
Moreso, President Muhammadu Buhari has released the long-awaited ministerial list.
The list has been forwarded to the National Assembly for approval and should be made public before the end of yesterday, July 2.
A credible source close to the presidency confirmed the development.
“May be a first batch, but not entirely certain”, he said.
Our correspondent gathered yesterday morning that the list was forwarded early last month to the Department of State Services (DSS) for scrutiny and background security checks.
“Names of those cleared were sent back to the presidency in the last days of June”, another source said.
The Senate is expected to fix a date to interview and confirm the nominees.
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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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