News
10th HoR Leadership Under Abbas Best For The Job – Reps Deputy Spokesman

By Kayode Sanni-Arewa
The Deputy Spokesman of the House of Representatives, Hon. Philip Agbese, has described the leadership of the Green Chamber led by Rt. Hon. Tajudeen Abbas as the best team for the job.
Agbese, reflecting on the last year under the Speaker, said no one else could have been able to lead the parliament the way Rt. Hon. Abbas has done.
The lawmaker said the Speaker has demonstrated exceptional leadership, guiding the House with wisdom, integrity, and dedication while navigating complex legislative terrains with ease and finesse.
Under his leadership, Agbese noted that the House has achieved remarkable milestones, fulfilling campaign promises and satisfying constituents’ needs.
He added that the Speaker has also fulfilled his promises to his colleagues and they are happy with him as he has made it easy for them to connect with their constituents back home.
“In the last year, Speaker Abbas has demonstrated exceptional leadership, guiding the House with wisdom, integrity, and dedication,” he said.
“No one else could have led the parliament with such distinction, navigating complex legislative terrains with ease and finesse.
“Abbas is an asset to Nigeria, President Bola Tinubu, and the entire National Assembly. His unique blend of liberalism, nationalism, and patriotism has endeared him to all. He is a true statesman, always willing to speak truth to power, without fear or favour.
“Under his leadership, the House has achieved remarkable milestones, fulfilling campaign promises and satisfying constituents’ needs. New members are inspired by his dedication and inclusiveness.
“He has equally fulfilled his promises to us, and members are happy with him. We pray for him every day, grateful for his selfless service.
“His leadership has made it easy for us to connect with our constituents back home. His approach is a refreshing departure from the norm.
“The Speaker is a unifying force, bringing diverse perspectives and interests together for the common good. He has made his mentors proud, and we are proud to be led by him.
“As we celebrate this anniversary, I salute Rt. Hon. Tajudeen Abbas for his selfless service, unwavering commitment, and visionary leadership. May his tenure continue to be a blessing to our nation.”
He, therefore, urged Nigerians to continue to support the Speaker and the 10th House in their quest for the progress and development of the nation.
News
Spokesperson Warns Nigerians Against Fake Ministry Of Foreign Affairs Recruitment Scam

By Gloria Ikibah


News
CBN announces revised documentation requirements for PAPSS transactions

The Central Bank of Nigeria (CBN) has announced a revised documentation requirement for transactions conducted through the Pan-African Payment and Settlement System (PAPSS) in Nigeria.
This was disclosed in a statement issued by the apex bank’s acting Director, Corporate Communications, Mrs. Hakama Sidi Ali
The CBN said the new initiative is part of its ongoing commitment to foster seamless intra-African trade, financial inclusion, and operational efficiency for Nigerians engaging in cross-border payments within Africa.
Launched by Afreximbank in partnership with the African Union and the African Continental Free Trade Area (AfCFTA) secretariat in January 2022, PAPSS serves as a centralized payment and settlement platform that enables instant, secure, and efficient cross-border transactions throughout Africa.
By facilitating payments in local currencies, PAPSS minimizes reliance on third-party currencies, reduces transaction costs, and supports the rapid expansion of trade under the AfCFTA.
In a recent circular referenced TED/FEM/PUB/FPC/001/006 issued on April 28, 2025, CBN outlined the key changes to the documentation requirements associated with PAPSS transactions.
The key changes it added take effect immediately and include simplified documentation for low-value transactions, which allows customers to now use basic KYC and AML documents provided to their authorized dealer banks for low-value transactions of up to $2,000 and $5,000 equivalent in naira for individuals and corporate bodies, respectively.
“For transactions above the thresholds, all documentation as stipulated in the CBN foreign exchange manual and related circulars remains mandatory,” the bank said.
Also, the CBN added that applicants are responsible for ensuring all regulatory documents are available to facilitate the clearance of goods, as required by relevant government agencies.
“Authorized dealer banks may now source foreign exchange for PAPSS settlements through the Nigerian foreign exchange market, without recourse to the CBN.
“All export proceeds repatriated via PAPSS shall be certified by the relevant processing banks.
“The Central Bank of Nigeria urges all banks to adopt PAPSS and commence originating transactions in line with this new policy.
“In addition, CBN encourages exporters, importers, and individuals to familiarize themselves with the new requirements and leverage PAPSS for cross-border transactions within Africa,” the statement said.
News
Reps Set Stage for Nigeria’s First Legislative Conference on Renewable Energy

By Gloria Ikibah
The House of Representatives is set to host the country’s first National Legislative Conference on Renewable Energy, aimed at driving new laws, attracting investment, and pushing Nigeria further along its energy transition journey.
This was revealed during a press briefing by the Chairman, House Committee on Renewable Energy, Rep. Afam Victor Ogene, who described the event as a turning point for energy legislation in Nigeria.
He said: “The conference aims at bringing together key stakeholders and industry players to discuss renewable energy legislations, energy transition, renewable energy financing, investment opportunities and related matters.
“It’s about developing a national legislative framework on renewable energy”.
The conference, which is being organised by the House Committee on Renewable Energy in partnership with the Office of the Speaker of the House of Representatives, and the United Nations Development Programme (UNDP), will take place under the UNDP Parliamentary Development Program.
Rep. Ogene noted that recent legal reforms have created space for state governments to play a more active role in Nigeria’s power sector. He pointed to the Fifth Alteration Bill 2022 (No.33), now signed into law, which allows states to legislate on electricity matters within the national grid. Before now, states could only act on off-grid power.
In addition, he highlighted the Electricity Act of 2023, which came into effect in February 2024.
“It permits states to issue licenses for all electricity activities – generation, transmission and distribution across the entire power sector value chain,” he said.
The Committee Chairman further stated that the new National Integrated Electricity Policy, expected in 2025, will guide states in forming new electricity markets, where solar power and other renewable sources will be key to reaching underserved communities.
Ogene explained, “The conference has three clear objectives:
“To promote dialogue among legislators, experts and stakeholders on critical legislative priorities.
“To establish a coordinated platform for federal and state lawmakers, and to produce a clear, time-bound legislative action plan.
“International partners are also on board. The Inter-Parliamentary Union (IPU) will participate, and parliaments from South Africa, Ghana and Gambia have confirmed attendance. Ghana is sending a three-man delegation led by the Deputy Speaker, Rt. Hon. Alban Kingsford Bagbin”.
In another major highlight, the Netherlands-based platform INCLUDE will host a Pan-African Legislative Dialogue session on renewable energy, to be chaired by the Hon. Speaker, Rt. Hon. Abbas Tajudeen.
“The session will focus on how to establish a unified legislative framework on renewable energy development, investment and financing.
“The time has come for us to act. This is not just another conference – it is the foundation of Nigeria’s renewable energy future”, Ogene added.
Expected outcomes from the conference include new policy and legislative reform proposals to boost renewable energy use, as well as draft laws that will encourage public and private sector investment.
Other goals are to enhance collaboration between federal and state lawmakers, raise public awareness, and roll out a practical roadmap for implementation and progress tracking.
The event will also feature a technology showcase of renewable energy innovations and business opportunities.
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