Politics
Reps OKay C’ttee’s Report On 2013-2015 Expenditure
The House of Representatives has approved the Conference Committee’s report on the 2013-2015 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
It would be recalled that the Senate and the House on October 9 and October 19, respectively, set up a conference committee to reconcile differences in the recommendations from the two chambers.
This approval followed the report presented by the Conference Committee of the House.
Presenting the report, Rep. John Enoh (PDP-Cross River), the Chairman of the House Committee on Appropriation, urged the House to approve the report as the Senate would also approve the same report.
He said that a lot of consultation took place to ensure that an agreement was reached.
Enoh said further that after an extensive deliberation and consultation by the Conference Committee, the benchmark price of $79 per barrel was recommended.
He said that additional funds arising from the $4 increase would be used to reduce domestic borrowing and deficit, as well as funding critical infrastructure.
The lawmaker said that the Conference Committee cautioned government on foreign borrowing after a thorough scrutiny of the two versions of recommendations.
The Committee recommended 30 per cent and five per cent for Corporate Tax and Value Added Tax (VAT) rates for 2013-2015 respectively.
It recommended the transfer of Comprehensive Import Supervision Scheme (CISS) Account to Nigerian Customs Service.
The committee rejected the structures being set-up in states, senatorial zones and local governments in respect of the Federal Government’s Subsidy Re-investment (SURE-P) intervention programmes.
It recommended that the details of SURE-P to be executed under the programme be attached as an addendum to the Annual Appropriation for scrutiny and approval by the National Assembly.
It further recommended that the crude oil production levels should be retained as 2.526 mbpd for 2013, 2.611 mbpd in 2014 and 2.648 mbpd in 2015.
According to the committee, the revenue target of the Nigeria Customs Service (NCS) for 2013 should be increased.
It urged government to take urgent steps to review all laws that allow its agencies to expand their revenue with little or no operating surpluses.
The committee also called for increased funding for frontier exploration services to increase the nation’s crude oil resources, and said that government and its agencies must comply fully with the Fiscal Responsibility Act, 2007.
It recommended that priority attention and prominence should be given to the sustenance of people in the Niger Delta in order to guarantee production of crude oil.
Politics
Cleric Tasks APC On Internal Stability, Warns Otti
He predicted that before the next election cycle, Abia’s political landscape would witness broken alliances, surprising mergers, and new contenders emerging from within established networks.
Prophet Arogun concluded with a broader appeal to Nigeria’s political leaders, emphasizing the need for justice, peace, and integrity in public governance.
“Nigeria is the assignment. Only righteousness will stabilize this nation. Only fairness will preserve the mandate. Let those who have ears hear”, he said softly.
Politics
DEFECTION: DON’T HIDE UNDER OLD SENTIMENTS TO FIGHT DIRI – AIDE
Politics
Makarfi Resigns As PDP BoT Secretary
Senator Makarfi’s resignation comes on the heels of the national convention that saw the emergence of the new Chairman of PDP, Dr Kabiru Tanimu Turaki (SAN).
In his letter of resignation, which was addressed to the PDP BoT Chairman, Senator Adolphus Wabara, and made available to journalists in Kaduna on Monday evening, the former governor said, “Chairman and Members of the Board of Trustees may recall that about two months ago I had resigned as Secretary of the Board and posted same on the Board’s WhatsApp platform.
“Mr Chairman, you may also recall that you personally urged me to stay on until after a convention that produced a Chairman.”
He added that the principal reason he initially tendered his resignation then “and now, was and is still my belief that the National Chairman of the Party and Secretary of the Board of Trustees should not come from the same geopolitical zone.
“Now that a chairman has emerged from the North West, where I come from, it’s necessary to give him full space to do the needful. Accordingly, I hereby formally resign as Secretary of the Board of Trustees of the Peoples Democratic Party with effect from today, November 17th, 2025.”
While commending the BoT Chairman for his support during his tenure as Secretary of the Board, he stressed, “I truly appreciate the very respectful relationship between us during my period as Secretary,” adding that, “I also appreciate all Board members for their support and the good relationship that prevailed during my period as Secretary.”
Meanwhile, Dr Turaki on Monday pledged to ensure that power returns to the Nigerian people, urging the judiciary to uphold the tenets of democracy.
Dr Turaki, while giving his acceptance speech after the swearing-in of new officers at the end of the Elective Convention of the PDP in Ibadan, assured that there will be “no more impunity, no more suppression of the will of Nigerians”.
The chairman appealed to the judiciary to uphold the principles of stare decision, abiding by the decisions of the Supreme Court, and not to “willingly or unwillingly put yourselves in a situation where, rightly or wrongly, it may be assumed, correctly or incorrectly, that you are part and parcel of the process to truncate Nigerian democracy.”
According to him, the new leadership of the party would be open to listening to the yearnings of members, with a view to aligning with their will, declaring that “No more monkey dey work, baboon dey chop,” adding that “if baboon wants to chop, baboon must be seated to work.”
He noted that the PDP has maintained its original name, motto and logo, unlike the other parties that started with it, making it a recognised brand anywhere in Nigeria.
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