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Senate Passes Electoral Act Amendment Bill …Approves Electronic Transmission, Direct Primary …NASS Assures Transmission To Buhari In Seven Days

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The Senate, yesterday, approved the conference committee report on the Electoral Act Amendment Bill.
The report was approved after the Senate Leader, YahayaAbdullahi, moved a motion, yesterday.
This is as the National Assembly has assured that a clean copy of the Electoral Act Amendment Bill will be transmitted to President MuhammaduBuhari for assent within seven days.
The Senate Leader, YahayaAbdullahi, who chaired the Conference Committee in the Senate, presented the report on the harmonised version of the Electoral Act (Amendment) Bill, 2021.
In his presentation, he said the bill when passed by the National Assembly, and subsequently assented into law by the president, would regulate the conduct of Federal, State and Area Councils in the Federal Capital Territory Elections.
He disclosed that the Conference Committee at its retreat considered and adopted twenty-one clauses in the bill.
“It is imperative to point out that with the successful harmonisation of this bill a process that started from the 7th Assembly through to the 8th National Assembly has now been completed by the 9th National Assembly.
“The bill is now ready for passage and Presidential assent.
“I am happy to state that most of what we call ‘citizens top priorities’ on the Electoral Act Amendment, including the use of technology have been addressed by the Electoral Bill, 2021″, the Senate leader said.
The chamber on October 13, 2021, re-amended certain aspects of the Electoral Act (Amendment) Bill contained in Clauses 43, 52, 63 and 87, respectively.
The re-amendment to the clauses was duly carried out amid a motion for re-committal sponsored by Senator YahayaAbdullahi.
Accordingly, while adopting the conference committee report on Tuesday, the Senate approved the re-amended clauses to provide for direct primaries for aspirants to all elective positions.
It also empowered the Independent National Electoral Commission (INEC) under Clause 63 to determine the procedure for voting and transmission of results during an election.
The Senate and House of Representatives had in July passed different versions of the bill.
While the Senate proposed either direct or indirect mode of party primary, the House of Representatives made direct primary mandatory for all parties.
The Senate had also in its version, empowered the Nigerian Communications Commission (NCC) to determine the electronic transmission of election results.
The House did not give such powers to the NCC in its version.
The provision caused an outrage, with many calling on the Senate to follow the example of the House of Representatives which adopted the use of technology “where practicable.”
The development led to the setting up of a conference committee.
In the conference committee report, both chambers of the National Assembly empowered the Independent National Electoral Commission (INEC) to determine the best mode to transmit election results.
The electoral commission will now have to decide how to transmit election results — either electronically or manually.
Both chambers also approved that all political parties must use the direct primary mode in picking candidates.
A clean copy of the bill is expected to be produced and sent by the Clerk to the National Assembly, Mr Amos Ojo to President MuhammaduBuhari, for assent.
However, the spokesperson of the House of Representatives, Hon. Ben Kalu has disclosed that a clean copy of the Electoral Act Amendment Bill will be transmitted by the National Assembly to President MuhammaduBuhari for assent within seven days.
Kalu briefed journalists, yesterday, after the House adopted the report of the joint committee on the electoral bill.
The House had adopted the report of the AkeemAdeyemi conference committee which he laid yesterday.
Kalu, who appeared alongside Adeyemi, said the lawmakers have done their parts and it was now left for the president to assent.
“Today, we have asked the bureaucrats to pass the ball to the executive. Within the seven days or thereabout, this particular piece of legislation will be migrating to the president, who is interested in seeing that democracy is grown in Nigeria.
“This he has shown by the recent election that took place in Nigeria, where many who depended on him calling the shots from Abuja were disappointed.”
The adoption of the report by the Committee of the Whole was not without controversy, as the minority leader kicked against the adoption of the report.
He accused the Femi Gbajabiamila-led House of rushing the consideration of the report without giving the members opportunity to review the report.
He was, however, ruled out of order by the speaker, who informed him that consideration of harmonisation report does not require debate.

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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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

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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

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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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