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Tag: House of Representatives

Business

Reps pass bill to control recycling businesses nationwide

The House of Representatives has passed for second reading a bill seeking to establish the Nigerian Recycling Regulatory Agency, a body that will oversee the licensing, registration, and supervision of recycling businesses across the country. Sponsored by Hon. Fuad Kayode Laguda, Member representing Surulere 1 Federal Constituency, the proposed legislation aims to strengthen Nigeria’s waste […]

Business

Reps to boost SMEs finance access, protect customers from fraud

The House of Representatives Committee on Banking Regulations held a public hearing on Thursday in Abuja on two critical bills aimed at strengthening Nigeria’s financial system, expanding access to finance for small and medium enterprises, and protecting bank customers from fraudulent activities. According to BusinessDay, the hearing, chaired by Hon. Mohammed Bello El-Rufai, focused on […]

Reps summon six MDAs over sale of FG properties
News

Reps demand ₦350m for revival of SMEs

The House of Representatives has called on the Federal Government to allocate ₦350 million in the upcoming 2026 budget specifically to revive moribund industries and provide essential support for Small and Medium-sized Enterprises across Nigeria. This resolution was adopted following a motion moved by Hon. Akarachi Amadi, who represents the Mbaitoli/Ikeduru Federal Constituency of Imo […]

featured Oil and Gas

Reps probe $18bn spent on non-functional refineries

The House of Representatives on Thursday mandated its relevant committees to investigate the non-functionality of state-owned petroleum refineries in Port Harcourt, Warri, and Kaduna, despite the reported expenditure of about $18 billion on their rehabilitation over the past two decades. The resolution followed the consideration and adoption of a motion on notice moved by Lagos […]

Oil and Gas

Reps committee to intervene in Dangote-NUPENG dispute

The House of Representatives Committee on Petroleum Resources (Downstream) has pledged to intervene in the ongoing dispute between the Dangote Group and the Nigeria Union of Petroleum and Natural Gas Workers to ensure stability in the sector and fairness to all stakeholders. The committee made this commitment at the end of a three-day retreat in […]

News

PIA has brought $16b into oil industry – Reps

The Petroleum Industry Act 2021 has attracted approximately $16 billion in investments into Nigeria’s petroleum sector, according to the Deputy Speaker of the House of Representatives, Benjamin Kalu. Speaking in Abuja at a forum organised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority and the General Counsel and Legal Advisers Forum, Kalu described the […]

News

Reps approve ₦774.77bn 2025 budget for NIMASA

The House of Representatives Committee on Maritime Safety, Education, and Administration has given its approval to the ₦774.77 billion 2025 budget proposal of the Nigerian Maritime Administration and Safety Agency. Chaired by Rep. Khadija Abba-Ibrahim, the committee endorsed the proposal during a budget defence session held in Abuja, according to NAN. The approval came after […]

News

Reps vow stricter mining licenses to tackle illicit trade, insecurity

The Speaker of the House of Representatives, Tajudeen Abbas, says the lower chamber will implement tougher licensing measures in the mining sector to curb illegal resource trading and cut off financial support for insecurity. He made disclosure on Wednesday at the 8th annual conference of the Network of African Parliamentarians on Defence and Security Committees […]

Maritime

Reps order customs to halt controversial import levy collection

The House of Representatives has directed the Nigeria Customs Service to stop collecting the Comprehensive Import Suspension Scheme levy effective June 30, 2025. The directive was issued by the Chairman of the House Committee on Customs and Excise, Hon. Leke Abejide, during a budget session in Abuja reviewing the 2024 N6.11 trillion performance and defending […]

Reps proposes bill to ensure timely salary payments
Maritime

Reps pledge to reform outdated maritime laws

The House of Representatives Committee on Maritime Safety, Education, and Administration, has committed to providing full legislative support to modernize maritime laws and increase Indigenous vessel ownership. The pledge was made by the Deputy Chairman of the Committee, Uduak Odudoh, during an oversight visit to the Nigerian Maritime Resource Development Centre in Kirikiri, Lagos, on […]

News

Reps recovers additional $14.2m from oil, gas firms

The House of Representatives Public Accounts Committee has recovered an additional $14.2 million (₦21.4 billion) from four oil and gas companies as part of its ongoing investigation into financial discrepancies in the sector. This follows an earlier announcement on March 16, 2025, when the committee recovered $19.24 million (₦28.7 billion) from two companies—Chorus Energy Limited […]

News

Reps launch probe into ₦1.24tn Sukuk road projects 

The House of Representatives has launched a probe into Sukuk-backed road projects valued at ₦1.24 trillion from 2017 to 2024. The House resolution came after adopting a motion of urgent public importance sponsored by Jonathan Gbefwi, a lawmaker from Nasarawa. As of December 2024, data from the Securities and Exchange Commission estimates this amount at […]

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