Politics
Reps Order CBN, Finance Minister To Refund 50% Deduction From NSC
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.
Kindly follow Ekwutosblog for verified News and Current Affairs in addition to insightful contents that inform, inspire, educate and entertain you always.
The embattled National Chairman of the African Democratic Congress, David Mark, on Friday held a closed-door meeting with leaders of the Peoples Redemption Party in Abuja. The private consultation is seen as a fresh round of political moves as the ADC continues to battle a lingering leadership crisis and growing internal divisions.
Top figures from both parties were said to be present at the meeting, including PRP National Chairman Hakeem Baba-Ahmed and senior ADC officials. The development is already drawing attention as opposition parties continue realignments ahead of the 2027 political season, with many watching closely for possible alliances and next steps in the party crisis.
Politics
“ADC is a Holy Party, Cannot be used to Scam Nigerians Again” – Hon Success Opara tells David Mark
ADC Party in Turmoil: Hon Success Opara Slams Leadership, Warns Against Scamming Nigerians
Abuja, Nigeria – The African Democratic Congress (ADC) is facing internal strife as Hon Success Opara, a prominent party official, has warned against attempts to use the party to deceive Nigerians. Opara specifically criticized the leadership of David Mark, stating that the party cannot be used to scam citizens again.
“ADC holy Party cannot be used to scam Nigerians again,” Opara said, emphasizing that those forming coalitions are hindering the party’s growth and denying youths opportunities to thrive.
“Those who are forming coalition don’t want to give the youths the chance to strive in the party,” she added.
Opara’s statement highlights the deepening divisions within the ADC, with concerns over leadership and the party’s direction.
The factional National Chairman of the African Democratic Congress (ADC), Nafiu Bala Gombe, has announced that the party under his leadership will bar individuals above the age of 55 from contesting for political positions.
Gombe made the disclosure during an interview with BBC Hausa, where he outlined a vision centred on generational change and greater youth participation in politics.
“The African Democratic Congress (ADC) is a party that belongs to all Nigerians. What we are doing now is to ensure the party moves forward properly.
“We have decided that we will give the youths a real chance. The time has come for young people to take the lead in politics.
“If you are over 55 years old, you are not going to contest for positions in the ADC under our leadership.
“We want to bring in fresh blood, new ideas, and energy from the youth. Nigeria’s future depends on the young generation.
“The old ways have not worked well for the country. We need to open the door wide for youths to participate fully as candidates, leaders, and decision-makers,” he said.
David Mark Holds Secret Meeting With PRP Leaders as ADC Crisis Deepens
Chaos As Military Officers Exchange Blows During Tinubu’s Visit To Bayelsa (Videos)
HRH Ekwueme of Ochia Kingdom Iynched & kiIIed in Imo.
-
Business1 year ago
US court acquits Air Peace boss, slams Mayfield $4000 fine
-
Trending1 year agoNYA demands release of ‘abducted’ Imo chairman, preaches good governance
-
Politics1 year agoMexico’s new president causes concern just weeks before the US elections
-
Politics1 year agoPutin invites 20 world leaders
-
Politics1 year agoRussia bans imports of agro-products from Kazakhstan after refusal to join BRICS
-
Entertainment1 year ago
Bobrisky falls ill in police custody, rushed to hospital
-
Entertainment1 year ago
Bobrisky transferred from Immigration to FCID, spends night behind bars
-
Education2 years ago
GOVERNOR FUBARA APPOINTS COUNCIL MEMBERS FOR KEN SARO-WIWA POLYTECHNIC BORI