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Reps Order CBN, Finance Minister To Refund 50% Deduction From NSC

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The House of Representatives has directed the Central Bank of Nigeria (CBN) and the Federal Ministry of Finance to immediately refund the 50% deduction made from the Nigerian Shippers Council’s (NSC) account.

The resolution followed a motion of urgent public importance raised by Hon. Ahmad Muhammad, who noted that the Federal Ministry of Finance had deducted 50% of the Council’s account balance in December 2023 under the 2021 Finance Act.
He said while similar deductions from other agencies had been refunded, the Nigerian Shippers Council is yet to receive its reimbursement.

Hon. Muhammad expressed concern that the non-release and delay in refunding the funds have caused significant operational challenges for the Council, including difficulties in paying staff salaries and retirees’ entitlements. The situation, he noted, has led to undue hardship for both employees and retirees.

In a related development, the House also urged the Federal Ministry of Power to declare electricity Distribution Companies (Discos) as non-state actors and take immediate steps to address their alleged reckless actions, which pose a threat to the nation’s economy.

The lawmakers further recommended the recapitalization of Discos, requiring a minimum of ₦500 billion in financial capacity adding that Only operators with the financial strength to provide satisfactory services to consumers should be allowed to continue operations.

Moving the motion, Hon. Ibrahim Isiaka decried the unfair practices of Discos, particularly their demand for additional payments from consumers to replace electricity meters that had already been paid for during installation. He described the demands as dubious, eroding consumer trust and exacerbating financial burdens on households and businesses.

Hon. Isiaka expressed worry over the sabotage of economic growth caused by Discos, where essential services are manipulated against citizens rather than serving them.

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EVENTS

PRESIDENT TINUBU CONGRATULATES SENATOR IFEANYI ARARUME ON HIS BIRTHDAY

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President Bola Tinubu felicitates Senator Ifeanyi Godwin Ararume, astute politician and accomplished businessman, on his birthday, December 16.

Senator Ararume’s odyssey in politics began in the late 1980s, when he served as the State Treasurer of the Liberal Convention in old Imo State. He later joined the National Finance Committee of the defunct National Republican Convention.

He represented Imo North in the 9th National Assembly. He was first elected in May 1999 and re-elected in April 2003. He also served on several committees and held other official roles.

President Tinubu commends the former senator for his years of service to the nation and contributions to its peace, unity, and progress.

The President describes Senator Ararume as a resolute and shrewd politician, highlighting his courageous and remarkable political journey through the years.

President Tinubu wishes Senator Ararume a happy 67th birthday and prays that God Almighty will grant him more years of good health and strength.

 

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Politics

Ndigbo are no longer spectators in the Nigerian project- Minister Dave Umahi dismisses calls for Biafra under Tinubu’s administration

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The Minister of Works, David Umahi, says the all-inclusive style of governance being practiced by President Bola Tinubu has made the agitation for Biafra an unnecessary clamour.

While speaking at the inspection of the Enugu-Anambra road last Saturday, December 13, Umahi said the Tinubu administration had given Ndigbo what they had sought for decades, not through secession, but through what he described as unprecedented inclusion in national governance and development.

He explained that the agitation for Biafra was historically driven by neglect, exclusion and underrepresentation at the federal level, but insisted that the situation had changed under the current administration.

“When a people are fully integrated, respected and empowered within the structure of the nation, the dream they once chased through agitation has already been achieved through cooperation.

The push for Biafran secession over the years was borne out of neglect, exclusion and underrepresentation but today the narrative has changed dramatically under President Bola Tinubu.

The President has deliberately opened the doors of national development to the South-East. Appointments, policy inputs and infrastructure priorities now reflect true federal balance.

Every sector now bears visible Igbo footprints. The emergence of Igbo sons and daughters in strategic positions is a testament to this inclusion.

Biafra was never about breaking Nigeria; it was about being counted in Nigeria. Through inclusion, equity and concrete development, Ndigbo are no longer spectators in the Nigerian project; they are co-authors of its future. When justice finds a people, agitation loses its voice.”he said

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ADC Launches 90-Day Membership Drive, Fixes Dates For Congresses, National Convention

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The African Democratic Congress (ADC) has announced a 90-day nationwide membership mobilisation, revalidation, and registration exercise as part of preparations for its internal party activities ahead of 2026.

The party also approved provisional dates for its congresses and the election of delegates at the polling unit, ward, and local government levels across the country.

In circulars issued by its national secretary, Rauf Aregbesola, the ADC said the congresses are expected to hold between January 20 and January 27, 2026.

The process, the party said, will lead to the emergence of delegates who will participate in its non-elective national convention scheduled for February 2026 in Abuja.

A statement by Bolaji Abdullahi, national publicity secretary of the party, said the decisions were reached at a meeting of the national working committee (NWC) held on November 27, 2025.

Abdullahi said the timetable and activities were approved in line with the resolutions of the NWC and in accordance with relevant provisions of the party’s constitution.

The ADC said further details on the membership exercise, congresses, and convention will be communicated to party members and stakeholders in due course.

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