Tuesday, March 5, 2024
Ignite the mind.


Nigeria National Assembly: 2023 Final Plenary proceedings, House of Reps, Sat 30th, 2023

The Speaker of the House Rt. Hon. Abbas Tajudeen, Ph.D presided.


After leading the opening prayer and recitation of the national pledge, the Speaker approved the votes and proceedings of Thursday December 21st 2023.


SPEECH OF THE SPEAKER ON THE JOURNEY OF THE 10TH HOUSE OF REPRESENTATIVES FROM JUNE 13, 2023 TO DECEMBER 30TH DECEMBER, 2023:

Honourable Colleagues, it is with a sense of gratitude, fulfilment, and pride that I address you today for the work we have collectively accomplished since the inauguration of this House on 13th June, 2023. Over the past six months, the House has been a beacon of democratic values and a testament to the power of collaborative governance.

  1. Dear Colleagues, in the short span of the life of this Assembly, we have suffered some misfortunes, including the death of Hon. Abdulkadir Danbuga (Isa/Sabon Birnin, federal constituency of Sokoto State). Earlier, the Member-elect representing Jalingo/Yorro/Zing Federal Constituency of Taraba State), Ismaila Maihanci, died shortly before the House was inaugurated. We are saddened by the recent deaths of Mojisola Ayobami, the young daughter of Hon. Benjamin Adeyemi Olabinjo and the father of Hon. Solomon Wombo, His Royal Highness, the Ter Katsina-Ala, Dr. Benjamin Fezan Wombo. On Wednesday, 27th December, 2023, we also received with shock and sadness news of the demise of the Rt. Hon. Ghali Umar Na’Abba, Speaker of the 4th House of Representatives. Hon. Na’Abba was an icon of the legislature and a dedicated lawmaker and patriot. May we rise to observe a minute in silence in their honour. May the souls of the deceased rest in peace, Amen.
  2. You will also recall that we took the oath of office at a particularly challenging period in our nation’s history. There is no need to repeat these challenges, given that they are too well familiar to us. The point to emphasise is that we have remained responsive and committed in our efforts to ameliorate the suffering of our constituents and contribute to Nigeria’s overall peace and development. Collectively, we have lived up to our mantra as the ‘People’s House’. We have deliberated on crucial matters that impact the lives of every Nigerian and worked tirelessly to enact laws that will shape the future of our great nation. We considered a wide range of issues, including peace and security, social welfare, healthcare, education, infrastructure development, economic growth, and more. Through robust debates, bipartisan collaboration, and dedication to our constitutional responsibilities, we have passed crucial bills and resolutions that will shape the trajectory of our nation for years to come.
  3. Dear Colleagues, I would like to express my deepest appreciation to all Members of this esteemed and hallowed Chamber. Your dedication, expertise, and willingness to engage in constructive debate have been instrumental in our successes. I wish to specifically commend the unity of purpose you have all demonstrated from the first day of our inauguration to now. You have sustained the unanimous support you gave me during my election as Speaker and in the election of other Principal Officers of the House. This overwhelming support has enabled us to achieve so many significant milestones within so short a time. I extend my deepest appreciation to all of you and applaud your exemplary conduct, dedication and devotion to upholding the highest standards of ethics and professionalism. Of note is the patriotism you all have demonstrated, making astonishing sacrifices to work even on weekends and during public holidays.
  4. From the onset, we deliberately adopted a leadership model that is open, transparent, impartial and inclusive. This approach is intended to enhance public trust and accountability, encourage participation, facilitate better decision-making, and promote new ideas to make the legislature more effective in discharging its constitutional mandate. I am honoured for the opportunity to serve as your Speaker. In this capacity, I have endeavoured to foster an environment that promotes constructive dialogue and consensus building.
  5. As we adjourn our plenary for the holidays, I want to take this opportunity to reflect on our achievements and express my hopes for the future. In the last six months, we have recorded some legislative landmarks that have the potential to impact the lives of our fellow citizens positively. In view of the importance of Committees to the operations of the House, we streamlined the mandates of committees to avoid overlap and conflicts. We swiftly appointed Chairmen and Deputies for all their committees and constituted the membership of these committees based on objective criteria to ensure efficiency and effectiveness. By so doing, we have rationalised the Membership of committees, leading to more informed decision-making, better management of workload, and improved legislative quality.
  6. To strengthen our internal processes and systems, we reviewed and updated our Standing Orders to better adapt to changing societal and legislative needs and incorporate technological advancements such as virtual and hybrid meetings and E-Parliament to enhance efficiency and accessibility. The revised Standing Orders is now well suited to address emerging issues and new challenges, such as global emergencies and the COVID-19 pandemic that obstructed the effective functioning of the legislature. Our Rules have also been reviewed to align them to international standards and best practices, facilitating better collaboration and consistency in global legislative processes.
  7. In the period under review, the House concluded and presented a robust Legislative Agenda outlining clear and specific objectives that the House intends to achieve and our legislative priorities. This clarity is already contributing to focusing the efforts and resources of the House and its Committees on key issues while at the same time making the legislative process more efficient and effective. The House Agenda identifies eight priority areas, which have been carefully crafted to align with the Renewed Hope Agenda of the Executive and the yearnings of our constituents. The key areas of focus highlighted in the Agenda are strengthening good governance, improving national security, economic growth and development, social sector reform and development, inclusion and open parliament, influencing/directing Nigeria’s foreign policy, and addressing climate change and environmental sustainability. The chosen thematic areas were aggregated in consultation with citizens.
  8. Our legislative outputs in the last six months are remarkable. The House received and considered nine hundred and sixty-two (962) bills, five hundred (500) Motions, and one hundred and fifty-three (153) petitions. Of these numbers, one hundred and Twenty (120) bills have passed the Second Reading stage. They are currently undergoing further review and refinement to address some of the concerns raised during the debates. Another one hundred and twenty-two (120) bills have been referred to committees for in-depth analysis. We have also successfully passed many other bills, which have been transmitted to the Senate for concurrence. Notable among these bills are the Electricity Act (Amendment) Bill, 2023, the Federal Audit Service Act (Amendment) Bill, 2023, 2022 Supplementary Appropriation Act (Amendment) Bill, 2023 and the Oath Act (Repeal and Enactment) Bill, 2023. Other critical bills passed by the House include the Control of Small Arms and Light Weapons Bill, 2023, Federal Fire and Rescue Service Bill, 2023, Administration of Criminal Justice Act (Repeal and Enactment) Bill, 2023, Niger Delta Development Commission Act (Amendment) Bill, 2023, Nigerian Medical Research Council (Establishment) Bill, 2023, Nigerian Peace Corps (Establishment) Bill, 2023 and more recently, the South East Development Commission (Establishment) Bill, 2023. The Defence Industries Corporation of Nigeria (Repeal and Re-enactment) Bill 2023 that we passed was assented to by President Bola Ahmed Tinubu on 23rd November, 2023. It repealed the 1964 legislation and replaced it with a more contemporary legislation that empowers the Defence Corporation to manufacture, store and dispose of ordinance. All these bills are intended to provide immediate relief and long-term solutions to the challenges that have plagued our society. Through these bills, we aim to empower our citizens, enhance social justice, promote economic growth, and promote peace and security.
  9. Over the same period, the House received and resolved over 500 Motions, many of which brought to the attention of the House and the nation pressing matters affecting the people. I have always considered Motions to be one of the most potent tools of legislative representation. They show that the legislature, better than any other institution, is best placed to articulate the needs of the people and how to address them. Notable Motions the House considered include oil theft, student loans, job racketeering, JAMB, firearms, COVID-19 fund mismanagement, 3% contribution to Host Communities and the petroleum subsidy regime. In response to the issues raised, the House constituted ad-hoc Committees to conduct investigative hearings and make recommendations for necessary legislative actions. I am glad to announce that out of the 30 ad-hoc Committees, 25 have laid their reports before the House for consideration, while four (4) have been considered. In addition to Bills and Motions, the House also received a hundred and fifty-three (153) Petitions, which are receiving necessary legislative actions.
  10. The House has made significant strides in fostering greater collaboration with citizens in all our key legislative activities. This has been achieved through engaging citizens in oversight, committee activities, and other legislative processes. These efforts have ensured that the voices of the people are heard and their inputs are incorporated into the lawmaking process. As noted earlier, in developing the Legislative Agenda, the House organised a citizens’ town hall whose inputs were incorporated into the final draft.
  11. The House recognises the importance of electoral reforms in strengthening our democratic institutions. Consequently, we took the initiative to take the lead in soliciting citizens’ input on the Electoral Act 2022 and recommendations on strengthening it to deliver more free and fair elections and reduce the judiciary’s influence on the electoral process. The outcomes of elections should be decided at the Polling Unit and not in a Court Room. The over-judicialisation of electoral outcomes has greatly undermined public confidence and could erode the legitimacy of political leadership if not quickly and adequately addressed. The citizens’ town hall on electoral reforms made far-reaching recommendations that would be considered in amending the Electoral Act.
  12. As representatives of the people, it is essential that we involve citizens in our key processes and decision-making. It is in line with this that the House organised a citizens’ town hall on the 2024 Appropriation Bill, where the public was given the opportunity to express views on how the budget can better address the specific needs of all Nigerians, especially those at the grassroots. The House remains committed to engaging citizens in its activities and ensuring the lawmaking process is open and inclusive. In the coming years, the budget will be taken to the people at the constituency levels to allow them also to make inputs.
  13. In line with our Standing Orders and the Legislative Agenda, the House commenced sectoral debates and briefings where we engaged heads of MDAs. These sessions allow lawmakers to engage with MDAs and better understand the unique challenges each sector faces. This understanding is crucial in developing targeted legislative interventions to address these challenges effectively. They also allow for a more transparent and accountable government. Given the critical nature of security in the country, the maiden Sectoral Debate featured the service chiefs and heads of security agencies. Their professional input and information will be invaluable in developing targeted legislations, and improving budget allocation and oversight effectiveness.
  14. The 10th House of Representatives has demonstrated a commitment to foster a harmonious but professional relationship with the Executive. A relationship between the two arms based on mutual respect and respect for our distinct constitutional mandates is fundamental for efficient governance, political stability, effective legislation, and the overall health of our democratic system. It ensures that both arms of government work in synergy for the betterment of Nigeria and our constituents.
  15. Honourable Colleagues, as we celebrate our accomplishments in the last six months, we are mindful of some security setbacks and tragedies that have befallen our people. A few weeks ago, we received the sad news of the bombing of the village of Tudun Biri in Kaduna State, by the Security Agencies in what was described as a mistaken identity. Over eighty (80) people were reported dead. Also, on Christmas day, it was reported that over one hundred people were killed in the Bokkos and Barkin Ladi areas of Plateau by hoodlums. These are among numerous other heinous crimes committed by criminals against innocent citizens. On behalf of the House of Representatives, I wish to express our heartfelt condolence to the families and friends of those who lost loved ones. We pray that the souls of the deceased rest in peace. I assure you that the House will continue to support the Federal Government’s fight against insurgency and criminality through necessary legislative actions. As we applaud our security agencies for their sacrifices, we call for precautionary measures to prevent the repeat of the Kaduna mishap.
  16. Honourable Members, as we take this well-deserved break, let us carry forward the spirit of unity and teamwork that has characterised the last six months. The coming months and years will undoubtedly present new challenges. However, I am confident that with our collective resolve and commitment, we will continue to make significant strides in advancing the prosperity and well-being of our nation.
  17. Dear Colleagues, before I conclude this remarks, let me registter my appreciation to the Development Partners, donor agencies and civil society organizations that have contributed to the success of the work of the House through capacity building and technical support. We must acknowledge the support of the Policy and Legal Advocacy Centre (PLAC), the Konrade Adenauer Stiftung Foundation (KAS), the United Nations Development Programme (UNDP), the YIAGA Africa), the Nigerian Economic Summit Group (NESG), BUDGIT, Orderpaper, CISLAC and our own National Institute for Democratic and Legislative Studies (NILDS) among many others. As we look forward to a more and robust collaboration in 2024, we thank them for their services to the House.
  18. In closing distinguished colleagues, I thank each one of you for your service to our country. Your contributions are not just for today but for the legacy we leave for future generations. May we reconvene with renewed vigour and a shared vision for a brighter, more prosperous Nigeria. To the legislative staff and aides, your unwavering support and hard work behind the scenes have not gone unnoticed. We have navigated complex issues together, and your contributions have been invaluable. May this holiday season bring joy, peace, and prosperity to you, your families, constituents and our nation. I wish you all a joyous holiday season filled with love, peace, and happiness.
  19. May the New Year be filled with hope and success. Thank you, and God bless the Federal Republic of Nigeria.

EXECUTIVE SESSION:

The House dissolved into executive session at 2.30pm following a motion by the Deputy House Leader, Hon. Abdullahi Ibrahim Halims, seconded by the House Minority Leader, Hon. Kingsley Chinda.

The Executive Session came to an end by 3:15 pm.


ANNOUNCEMENT:

Mr. Speaker made the following announcements:

  1. Letter from Mr. President seeking consideration and approval of the House for the Securitisation of Debt Balance (Ways and Means) for Consolidated Revenue Fund of the Federal Government of Nigeria.
  2. A letter from Lawmakers of Ondo State Caucus announcing the death of Governor Rotimi Akeredolu, SAN.
  3. A letter from Hon. Sagir Ibrahim Koki, representing Kano Municipal, announcing the death of a former Speaker of the House, Rt. Hon. Ghali Umar Na’Abba. _____________________________________________________________________________

MATTERS OF URGENT PUBLIC IMPORTANCE:

MOTION ON THE URGENT NEED TO CONDEMN AND INVESTIGATE THE GRUESOME CHRISTMAS EVE KILLINGS IN PARTS OF PLATEAU STATE:

Hon. Ahmed Idris Wase:

The House:

Notes that on the 24th December at 2200hrs, the following twelve (12) villages in Bokkos LGA were attacked; Ndun, Ngyong, Murfet, Makundary, Tamiso, Chiang, Tahore, Gawarba, Dares, Meyenga, Darwat and Butura Kampani village according to preliminary police report;

Further notes that on 24th December, 2023 at about 2245hrs, three (3) villages in Barkin-Ladi LGA namely; NTV, Hurum and Darawat were also attacked;

Aware that findings from the assessment of the ugly incidents in Bokkos LGA revealed that the total number of villages attacked is Twelve (12), Two Hundred and twenty-one (221) houses were set ablaze, Twenty- seven (27) motorcycles were burnt, Eight (8) motor-vehicles were burnt down and over Seventy -nine (79) persons were killed. while Seventeen deaths was recorded in Barkin-ladi LGA;

Concerned that the death toll from the various attacks at Bokkos, Barkin Ladi and Mangu LGAs of Plateau State has risen to over 200 as at 29th December 2023 with many others seriously injured according to several news sources;

Further notes that chapter 2 of the 1999 Constitution (as amended) particularly Section 14(2) (b) provides thus:
“It is hereby accordingly declared that: the security and welfare of the people shall be the primary purpose of government”;

Concerned that up until this moment, security agencies are yet to identify the perpetrators of these heinous attacks that has claimed hundreds of lives of innocent citizens and destroyed properties worth millions;

Worried that if these dastardly attacks are left unchecked, they will escalate with time and worsen the already volatile security situation on the Plateau;

Concerned that further escalation in these killings may lead to a conflagration in the whole of the Northcentral zone which may spill unto other Geopolitical Zones in the country;

Debate:

Hon. Ahmed Idris Wase moved the motion on the need to condemned and investigate the killing of many Nigerians I. Some parts of Plateau State on Christmas eve.

Following his prayers the House observed a One-Minute Silence in respect of the soul of all those killed in the recent Christmas Eve attack in Bokkos, Barkin Ladi, Mangu L.G.As and other parts of Plateau State.

The House directed the National Emergency Management Agency (NEMA) to immediately assess the extent of damage and displacement in attacked communities within the said Local Government Areas with a view to providing necessary relief materials.

The House urged the Inspector General of Police to immediately conduct a detailed investigation into these attacks with a view to identifying the perpetrators and bringing them to justice.

The House also urge the Honorable Minister of Defense to initiate a coordinated Joint Security Operation within these Local Government Areas and adjoining towns located in Plateau, Bauchi, Gombe, Taraba and Nasarawa States to flush out criminals and bandits and prevent them from escaping to other States.

It urged the Chief of Air Staff in collaboration with the Chief of Army Staff to provide aerial surveillance and support to flush out criminal hideouts and camps.

The Minority Leader, Hon. Kingsley Chinda in his contribution said the Incident could have been avoided because the attackers sent out threat letters. He said the lives of Nigerians should matter to them, adding that except something serious is done, nobody knows what is going to happen next.

The Speaker referred the motion to the Committee on Defence, Army, Airforce, Police and Legislative Compliance.


PRESENTATION OF REPORT (Appropriation Bill 2024).

The Chairman, House Committee on Appropriations, Hon. Abubakar Kabir Bichi, laid the report of the 2024 budget estimates before the House.

CONSIDERATION OF THE 2024 APPROPRIATION BILL:

Committee of Supply:

The Deputy House Leader, Hon. Abdullahi Ibrahim Halims moved a motion that the House dissolve into the Committee on Supply to consider the Appropriation bill. It was seconded by the Minority Leader, Hon. Kingsley Chinda.

Synopsis of the Report:

The Chairman, Committee on Appropriations, Hon. Abubakar Kabir Bichi, made the following submission:

REPORT OF THE HOUSE COMMITTEE ON APPROPRIATIONS ON THE 2024 APPROPRIATION BILL

Mr. Speaker,

Hon. Colleagues,

INTRODUCTION

You may recall that on Wednesday, 29th November, 2023, the President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria, His Excellency, Bola Ahmed Tinubu, GCFR, laid before the joint sitting of the National Assembly the 2024 Appropriation Bill, named: “Budget of Renewed Hope”.

In his speech, the President enjoined members of the National Assembly to scrutinize the details of the 2024 budget estimates presented to ensure due diligence and value for money.

The Bill containing the estimates of revenue and expenditure of the Federation for the 2024 fiscal year in the aggregate sum of =N=28,777,404,073,861 (Twenty-Eight Trillion, Seven Hundred and Seventy Seven Billion, Four Hundred and Four Million, Seventy Three Thousand, Eight Hundred and Sixty-One Naira) only, for the year ending on 31st December, 2024.

LEGISLATIVE ACTION

The House debated the general principles of the Bill on Thursday, 30th November; and Friday 1st December, 2023, respectively. The Bill was read the second time on Friday, 1st December, 2023 and consequently referred to the Committee on Appropriations for further legislative action.

In view of the short time given to the Committee to process the Bill and report back, the leadership of the Senate and the House of Representatives Committees on Appropriations met and developed a work plan which was approved by the Leadership of the National Assembly to guide the processing of the Bill.

On Saturday, 2nd December, 2023 the Committee met with Chairmen of its Sub-Committees on the approved guidelines provided for the processing of the Bill and they were all urged to adhere to it.
In addition, and pursuance to Order 20 (b.15) of the House Standing Orders, detailed schedules of the Bill were referred to all Sub-Committees for scrutiny.

Furthermore, in adherence to the commitment of the 10th National Assembly to make the budget process transparent and comprehensive, the Appropriations Committee conducted a one day one (1) day Citizens Town Hall Engagement with CSOs and NGOs on the Budget proposal on Monday 4th December, 2023.

Similarly, a special interactive session was conducted on the 5th, 6th and 7th December, 2023 where relevant stakeholders on the Financial/Revenue sectors attended and made significant inputs to strengthen the budget enactment process.

Mr Speaker, Honourable colleagues, I wish to state here that submission/defence of budget reports by Sub-Committees before the Appropriations Committee was scheduled for 5 days (Wednesday, 13th – Sunday, 17th December, 2023). However, this was later extended to another 4 days (Monday, 18th – Thursday, 21st December, 2023) due to delays experienced by some Sub-Committees to meet MDAs and harmonise their reports with their Senate counterparts. This delay to a large extent was caused due to the volume of work the Sub-Committees had to contend with during the short budget engagements with their various MDAs.

In the same vein, Sub-Committees on conclusion of their harmonization with their Senate counterparts submitted and defended their 2024 budget reports before the Appropriations Committee. Most of the Sub-Committees complained of inadequate funds and decline in budgetary allocation to the MDAs under their purview, in addition to the rising costs in the polity and the continuous decline in the value of the Naira.

REVENUE ASSUMPTIONS FOR 2024 APPROPRIATION BILL

In preparing details of the 2024 Appropriation Bill, the Committee adopted the Medium Term Expenditure Framework/Fiscal Strategy Paper (MTEF/FSP) approved by the National Assembly as shown below:

EXECUTIVE PROPOSAL & NASS APPROVAL

  1. Benchmark Price of Crude Oil
    US$77.96 per barrel (EXECUTIVE)
    US$77.96 per barrel (NASS)
  2. Crude Oil Production
    1.78mbpd (EXECUTIVE)
    1.78mbpd (NASS)
  3. Exchange Rate
    750/1US$ (EXECUTIVE)
    800/1US$ (NASS)
  4. GDP Growth Rate
    3.88% (EXECUTIVE)
    3.88% (NASS)
  5. Budget Deficit
    9.18 Trillion (EXECUTIVE)
    9.18 Trillion (NASS)

HIGHLIGHTS OF THE 2024 APPROPRIATION BILL

After due consideration of the submissions by Sub-Committees and interactions with relevant stakeholders, the highlights of the Bill as recommended by this Committee are as follows:

I. Aggregate Expenditure – 28,777,404,073,861

II. Statutory Transfers – 1,742,786,788,150

III. Recurrent Expenditure – 8,768,513,380,852

IV. Capital Expenditure – 9,995,143,298,028

V. GDP – 3.88%

Mr Speaker, Honourable colleagues, it is important to state that the joint Committee on Appropriations worked closely and harmoniously with the Executive arm of government in processing this Bill.

Through the closely and harmonious appropriation process, the Executive forwarded request for additional funding and some items of expenditure to the Committee which were not included in the Bill as submitted by the President. In order to accommodate the requests, the following adjustments have been made on the Bill:

I. Foreign Exchange differential

II. GOE’s Revenue Increased

III. GOE’s Personnel reduction

IV. Service Wide Vote (Wage adjustment)

V. Reduction from Service Wide

OBSERVATION

The Committee observes as follows:

  1. The 2024 Appropriation Bill was presented to the National Assembly late. This is against the Fiscal Responsibility Act that requires the bill to be presented not later than three (3) months before the next financial year, which puts intense pressure on the processing of the bill;
  2. Provision of Multilateral/bilateral Loan funded projects in the sum of N1,051,914,486,314;
  3. Inconsistencies in the revenue of some Government Owned Enterprises (GOEs);
  4. Removal of some agencies Personnel Costs from the FGN payroll;
  5. Inadequate funding/shortfalls in some MDAs budgetary allocation;
  6. The provision of capital components is higher when compared with previous budgets presented to the National Assembly;
  7. Request for additional funding on items expenditure not originally contained in the Bill;

RECOMMENDATIONS

Arising from the above observations, the Committee recommends, thus:

  1. The Executive should henceforth comply with the provision of the Fiscal Responsibility Act.
  2. Executive should ensure compliance with the provisions of relevant/extant laws as it concerns GOEs;
  3. Agencies removed from FGN budget should step up their revenue generation, fund itself and remit more to CRF;
  4. Provision of additional funds to some MDAs not appropriately funded.
  5. Executive branch is encourage to sustain the increase on capital component over recurrent to ensure developmental programmes across the country.
  6. Additional funds were made available for some MDAs.

Consequently, Mr Speaker, Honourable colleagues, given that due consideration has been followed in processing the 2024 Appropriation Bill, the Committee further recommends that:

The House should consider and approve the Bill for an Act to authorize the issuance from the Consolidated Revenue Fund (CRF) the sum total of =N=28,777,404,073,861

CONCLUSION

On behalf of the Committee, we wish to thank the Speaker of the House of Representatives and the entire House leadership for the support given to the Committee in processing the Bill. We also appreciate the Appropriations’ Sub-Committees for their cooperation and understanding of the circumstances of processing this Bill.

We so submit!

Hon. Abubakar Kabir Bichi

After the submission by the Chairman, House Committee on Appropriations, Hon. Abubakar Kabir Bichi, the Deputy Chairman of the Committee, Hon. Igariwey Iduma Enwo, seconded the motion.

The House, therefore, considered the report clause-by-clause and adopted it.

Following the consideration and adoption of the report, the Deputy House Leader moved a motion to revert to plenary, and it was seconded by the Minority Leader.

At plenary, the Speaker reported the actions taken during the Committee of Supply. The House adopted the report after a voice vote.

The House Leader further moved that the bill be read for the third time. It was adopted, read for the third time and passed.

  1. PRESENTATION AND CONSIDERATION OF SECURITIZATION OF DEBT BALANCE (WAYS AND MEANS):

Hon. Hon. Avoiding Feleke, Chairman House Committee on Finance laid the Report of the Securitisation of the Debt Balance amounting to N7.388 trillion following the motion by the Majority Leader and seconded by the Minority Leader.

The House considered the report at the Committee of Supply following a motion by the House Leader and seconded by Minority Leader.

The bill was considered at the Committee of Supply following the synopsis of the report given by Hon. Feleke.

The Majority Leader moved a motion to resolve to plenary and it was seconded by the Minority Leader.

The bill was read for the Third time and passed.

Adjournment:

The House at 5 :08 PM adjourned plenary to Tuesday January 23rd, 2024 by 11:00 A.M following a motion for adjournment moved by the Deputy Leader of the House, Hon. Abdullahi Ibrahim Halims and seconded by the Minority Leader, Hon. Kingsley Chinda.

Courtesy: LightRay Media and Office of the Speaker.

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