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Crisis Looms in NASS over tenure elongation plot
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The National Assembly, administrative staff members are reportedly devising strategies to oppose legislative backing for extending the retirement age of its outgoing Clerk and over 200 senior staff by an additional 5 years beyond the existing service scheme’s provisions.
The genesis of the conflict stemmed from recent revelations that the Senate is considering a bill to extend the retirement age of civil servants in the nation’s Parliament and State Houses of Assembly.
This move has sparked discontent among staff anticipating senior positions soon to become vacant.
The proposed bill seeks to extend the retirement age of National Assembly Staff from 60 to 65 years and from 35 to 40 years of service, whichever comes first. Notably, if the bill is passed, the current Clerk to the National Assembly, Sani Tambawal Magaji, could remain in office until the age of 65.
However, this initiative has faced staunch opposition from parliamentary staff and the Parliamentary Staff Association of Nigeria (PASAN), chaired by Bature Musa. The union contends that such an extension would contradict established rules and regulations governing the Public Service, where retirement is set at 60 years of age or 35 years of service.
The union also argues that passing the bill would hinder career progression for its members, primarily serving the interests of management staff. Moreover, they assert that it would contravene the Federal Government’s policies on youth development and empowerment, potentially depriving unemployed youths of job opportunities.
In response to the proposed bill, the PASAN has vehemently rejected it, urging the National Assembly management to focus on implementing existing welfare packages for staff. The union has also threatened industrial action if the legislators proceed with the bill.
While some members of the Assembly management deny the Clark’s involvement in the proposed legislation, others argue that it aims to preserve institutional memory and provide experienced staff an opportunity to continue serving.
Several attempts had been made by the two Chambers of the National Assembly to extend the retirement age of parliamentary staff of the National Assembly since 2017.
The Union argued that the controversial Bill if passed, will bring stagnation on the career progression of her members, thus would serve only the interest of the management staff, especially those who are due for retirement from service.
It averred that the passage of the Bill will contravene the Constitution of the Federal Republic of Nigeria and would run contrary to the Federal Government‘s policy on youth development and empowerment.
The Union advanced its argument by illustrating that perpetuating persons who have served the nation for 35 years or attained 60 years of age will not make room for employment of Nigerian youths some of whom graduated for more that 10 years without gainful employment.
Consequently, the Union in a letter addressed to the President of the Senate and the Rt. Honourable Speaker of the House of Representatives denounced the Bill and threatened industrial action should the legislators go ahead to pass the Bill.
It said the Union’s position led the two Chambers to discontinue action on the Bill which was respectively sponsored by Sunday Akon in the House and Senator Stella Odua in the Senate during 9th Assembly.
Presently, the Management led by the current Clerk to the National Assembly, Magaji Sani Tambawal is pushing for it again.
The Bill has passed in the House of Representatives and presently before the Senate for concurrence. The Senate after taking the first reading of the Bill some weeks ago reversed itself and listed it for concurrence on Wednesday 14, February, 2024.
Despite the controversy, the fate of the bill remains uncertain as it awaits the Senate’s concurrence. Staff members opposing the bill have called on the Senate to reject it, emphasizing the pressing need to address youth unemployment and implement workers’ welfare measures.
The Nigerian naira remained relatively stable against the United States dollar on Tuesday, August 25, 2026, as traders continued to monitor developments in the official and parallel foreign exchange markets.
The latest available Nigerian Foreign Exchange Market (NFEM) data put the naira at about ₦1,346.49 per dollar, while the official closing rate was ₦1,346.90/$ in the most recent confirmed trading session. The Central Bank of Nigeria (CBN) says the NFEM rate is derived from the volume-weighted average of transactions in the official market.
However, a live USD/NGN market benchmark on Tuesday morning was around ₦1,347.26 to the dollar, indicating that the currency was trading close to its recent official-market levels.
In the parallel market, the dollar was quoted at about ₦1,400/$ on Tuesday, according to the latest Aboki Forex data. This puts the street-market premium at roughly ₦53.10 above the latest official closing rate.
At the parallel-market rate of ₦1,400/$, $100 would exchange for about ₦140,000, while $1,000 would be worth approximately ₦1.4 million.
The latest figures show that the gap between the official and parallel markets has remained relatively contained compared with periods of severe foreign exchange volatility.
The naira had strengthened in the official market in recent sessions. On August 21, the NFEM rate stood at ₦1,346.49/$, while the dollar closed at ₦1,346.90. The currency had traded between ₦1,342 and ₦1,348 during that session.
The naira’s recent performance has been supported by improved foreign exchange liquidity and stronger external reserves. CBN data cited in recent market reports showed Nigeria’s external reserves at about $52.66 billion as of August 19.
For Nigerians and businesses buying or selling dollars, the actual rate may vary depending on the bank, Bureau de Change operator, location, transaction size and prevailing market conditions.
Parallel-market quotations are also subject to changes during the day as dollar demand and supply shift.
On your special day, we celebrate *Rt. Hon. TEEJAY YUSUF*
A visionary leader, a political juggernaut, and a man with the fear of God.
Thank you for your uncommon leadership, mentorship, and for being a true benefactor to many.
May God grant you long life in good health, more wisdom, divine protection and greater heights in service to humanity.
Happy Birthday Sir. We celebrate you today and always.
LAGATA CARES!
United States Treasury Secretary Scott Bessent on Monday laid out plans for the “economic asphyxiation” of Iran, expanding Washington’s secondary sanctions threats and warning of dire consequences for countries that decline to join the pressure campaign.
Bessent’s address comes almost six months into a war on Tehran that has ground to a stalemate, with stalled peace talks and Iran preventing most traffic through the crucial Strait of Hormuz.
“Around the globe, our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone,” Bessent told a press conference.
“We are going to hold everyone accountable, and this is economic asphyxiation of this regime.”
He added that countries not joining US sanctions would “share in the isolation” of Iran, and noted that Trump is making phone calls to world leaders with requests to stop their interactions with Tehran.
The Treasury Department said Monday that it has “issued determinations against five critical sectors — digital assets, technology, gold, aviation, and shipping — that the Iranian regime uses to try to prop up its failing economy.”
Bessent, meanwhile, vowed that any entity “that facilitates money laundering on behalf of Iran will be removed from the US dollar system.”
Asked if Chinese banks dealing with Iran could be targeted, Bessent said “no one is above the reach of US sanctions.”
The Treasury chief earlier declared that an “economic D-Day” had begun against Tehran, in a column for the Financial Times.
The United States and Israel triggered the Middle East war with a massive wave of bombing against Iran on February 28, sparking Iranian retaliation across the region.
AFP
See Dollar to Naira exchange rate today, August 25,2026
2027 Polls: APC Has A Lot To Tell Nigeians As Achievements – Akpabio (Photos)
*HAPPY BIRTHDAY TO A POLITICAL JUGGERNAUT*
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