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Reps Demand Detailed Revenue, Expenditure Records from NERC, ICRC, Sugar Council

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By Gloria Ikibah

The House of Representatives has directed the Infrastructure Concession Regulatory Agency (ICRC), Nigeria Electricity Regulatory Commission (NERC), and National Sugar Development Council (NSDC), to provide detailed records of their revenues and expenditures.

This directive was issued during an interactive session on budget performance, with the House Committee on Finance on Tuesday in Abuja.

The Committee requested that the ICRC present records of all concessionaires and the fees charged since 2008. This followed a presentation by Shehu Sani Danmusa, representing the Director General, Dr. Jobson Ewalefoh.

Chairman of the Committee, Rep. James Faleke, faulted the agency’s presentation, highlighting inconsistencies in revenue and expenditure details, and stressed the need for comprehensive reports aligned with financial standards.

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During the session, Chairman NERC, Sanusi Garba explained the agency’s income sources, primarily from the electricity market.

He stated, “The law allows us to prepare a budget and take just enough from the market to fund our operations.” However, Rep. Faleke questioned this approach, asking, “What is ‘just enough’? We need exact figures to determine your revenue.”

The Chairman emphasized that NERC, as a self-funded agency, must adhere to rules on deductions and remittances, and Director of Finance confirmed that 80 percent  of their operating surplus is remitted to the consolidated revenue fund.

But Rep. Faleke insisted on more transparency, stating, “How do we determine surplus if your income is unclear? You seem to be hiding something.”

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The Committee also examined the expenditure of NSDC, this is as members criticized frivolous spending on foreign travel and office renovations, while core responsibilities in the sugar sector were neglected.

in response, the Director General, Kamal Bakari said that the agency relies on the Sugar Levy for funding, alongside VAT and withholding tax revenues remitted to the FIRS. But the Committee demanded for clearer records, particularly regarding the Outgrower Support Fund.

In his ruling, Faleke noted that Nigeria lags behind countries like Brazil in sugar production and by-product utilization, and there directed NSDC to provide comprehensive data for better assessment of its budget performance.

Other agencies in attendance were similarly instructed to submit detailed financial records.

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The Committee also resolved to form an adhoc committee to review the budget performance of the Securities and Exchange Commission.

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Gov Adeleke Speaks On Death Sentence For Chicken Thief

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Osun State Governor, Ademola Adeleke, has stepped in to call for immediate action in the case of Segun Olowookere, an indigene who was sentenced to death for stealing a fowl.

Recall Segun’s mother, Folashade Olowookere, emotionally shared the story of her son, who is currently imprisoned, during an interview on Nollywood actress Biola Adebayo’s YouTube podcast. The video gained significant attention, including from Governor Adeleke.

Naijablitznews reports this was contained in a statement from the Governor’s spokesperson, Olawale Rasheed, Adeleke directed a swift investigation and ordered that steps be taken for a potential pardon in Segun’s case. The Governor further instructed the Attorney General to ensure Segun is considered for the prerogative of mercy before the year ends.

The statement read, “I have reviewed the case and acknowledge the importance of the separation of powers in our democracy. In this instance, I have instructed the Commissioner for Justice to begin the process of granting mercy to this young man.

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“Osun is a state of justice and fairness. We must uphold the protection of lives and ensure equity.

“I want to assure the public that this matter is receiving my personal attention, and we are acting with urgency as a responsible government.”

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Delta Assembly pardons two suspended members

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The Delta State House of Assembly, on Tuesday, recalled two of its members that were suspended in November over alleged gross misconduct.

The News Agency of Nigeria reports that the recall was announced during plenary in Asaba by the Speaker, Mr Dennis Guwor.

Recall that the Assembly had on November 6 suspended Mr Dafe Chukudi (PDP-Ukwuani) for 14 legislative days over alleged gross misconduct, while Mr Oboro Preyor (PDP-Bomadi) was also suspended for 14 legislative days for the same offense on November 12.

“Dear colleagues, following the allegation of gross misconduct against our suspended members and subsequently, a committee on investigation headed by the Deputy Speaker, Mr Arthur Akpowowo, was set up.

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“The committee has commenced investigation. However, the 14 days that they were suspended has elapsed. And by the confidence you all reposed in me as the Speaker of the state House of Assembly, and now that the 14 days of their suspension has elapsed, there is need to recall Mr Dafe Chukudi and Mr Oboro Preyor to resume their duties as members going forward.

“The suspended members are hereby recalled pending on the outcome of their investigative committee.”

Meanwhile, the Deputy Speaker, Mr Arthur Akpowowo, expressed joy over the recall of the lawmakers, saying, “I am very happy that we have lifted their suspension.

“The Speaker has recalled them so that they can celebrate the Christmas with joy and even enter the New Year with some relief of happiness. For me, this is a party gift for me even though I’m not affected.”

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Heavy Security Presence at National Assembly as President Tinubu Presents 2025 Budget

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By Gloria Ikibah

Ahead of President Bola Ahmed Tinubu’s presentation of the 2025 Appropriation Bill to a joint session of the Senate and House of Representatives at 12 noon today, there is tight security at the National Assembly Complex in Abuja.

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As early as 6.00 a.m., operatives of the Department of State Security (DSS) and other security agencies, including the Police, Civil Defence, Federal Road Safety Corps, and Sergeant-at-Arms, were stationed at the gates and within the premises to ensure order and safety during the event. 

Naijablitznews.com reports that staff of the National Assembly were directed to stay home, except those required for the event, who were instructed to report before 8.00 a.m., according to a memo issued by the Director of Human Resources and Staff Development. 

Senators and House members were seen arriving at the Green Chamber, where the joint session is scheduled to take place. On Tuesday, during a closed-door plenary, the House of Representatives followed the tradition of moving a motion to allow non-members into the chamber for the session. 

Naijablitznews.com recalled that the Federal Executive Council (FEC) approved an estimated expenditure of N47.96 trillion for the 2025 fiscal year during its meeting on Monday. 

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Meanwhile, business activities within the National Assembly complex, including banking and food services, have been suspended following directives from the Assembly’s management. Only those on an approved list, including staff, media personnel, and members of the press corps, are allowed access after identification at the gate. 

 

The joint session will be presided over by Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas.

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