Members of the National Assembly will on Tuesday resume work after the long recess that lasted over eight weeks.….CONTINUE READING>>>>>
While the lawmakers were on holiday, Nigerians across the country are experiencing a cost of living crisis as prices of goods and services continue to spike due to policies of the government.
Confirmation of CBN Governor
Last week, President Bola Tinubu nominated Yemi Cardoso as the Governor of the Central Bank of Nigeria (CBN), and the nominee has resumed work in acting capacity.
The nomination has been generating controversy on social media as Nigerians are unclear as to the status of Godwin Emefiele. Many had expressed reservations on the appointment of Mr Cardoso when Mr Emefiele was still in suspension.
However, the CBN in a statement on Friday by its Director of Corporate Communications, Isa AbdulMumin said Mr Emefiele had already resigned.
On Tuesday, the Senate is expected to commence the confirmation process. But learnt that Mr Cardoso may face stiff opposition from some Senators who are concerned about what has been described as “Yorubanization of the economic sector”.
The President’s decision to appoint Cardoso as Emefiele’s replacement and Zacch Adedeji as Acting FIRS boss is not pleasing to many Northern Senators.
Confirmation of new ministers
One other confirmation is the new ministers nominated by President Tinubu. It would be recalled that President Tinubu nominated Jamaila Ibrahim and Ayodele Olawande as ministers of youth.
The Senate is expected to commence their confirmation when they resume on Tuesday.
Also, there is a decision on Nasir el-Rufai and the other nominees not cleared by the Senate. The Senate did not clear the former governor of Kaduna State over security reports. However, President Tinubu is yet to nominate a replacement, instead indicating that the Ministry of Environment is reserved for Kaduna State.
While several media outlets have reported that Mr el-Rufai has opted out, however, with the President not nominating a replacement, all eyes will still be on the Senate regarding the status of Mr el-Rufai.
New Minimum Wage
Last week, the President of the Trade Union Congress (TUC), Festus Osifo announced that the organized Labour is expecting the President to announce a new minimum wage to cushion the effect of the fuel subsidy removal.
The minimum wage is in the exclusive legislative list in the constitution. As such, the National Assembly has the power to legislate on minimum wage. It is expected to receive the bill on minimum wage from the executive.
Budget
As the National Assembly resumes on Tuesday, Nigerians will get the opportunity to see the fiscal direction of President Tinubu when he presents his annual budget to the two chambers of the National Assembly.
It would be recalled that the President had promised to review the fiscal policy of the country if elected; the budget may give the first prism into his plan.
Normally, the National Assembly ought to have gotten the Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) in line with the Fiscal Responsibility Act; however, the two documents have yet to arrive at the parliament.
art from Zamfara, Nigerians across the country are battling with general insecurity ranging from bandits in the North to separatists agitations in the South-east.
When the lawmakers resume on Tuesday, Nigerians will be expecting reactions from their lawmakers.
When the lawmakers reconvene on Tuesday, there is a possibility that the death of the singer will be discussed.
Akpabio’s rumoured impeachment plot
During the recess, there were speculations that some Senators may move against Senate President Godswill Akpabio, particularly the Northern lawmakers.
gathered that the move is still among a few lawmakers, with Southern lawmakers rallying around the former Akwa-Ibom governor.
When the lawmakers resume, it will become clearer if the impeachment scare is real or a fluke.….CONTINUE READING>>>>>
