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RESUMPTION SPEECH BY RT. HON. ABBAS TAJUDEEN, PHD, SPEAKER OF THE HOUSE OF REPRESENTATIVES

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RESUMPTION SPEECH BY RT. HON. ABBAS TAJUDEEN, PHD, SPEAKER OF THE HOUSE OF REPRESENTATIVES, AFTER THE ANNUAL RECESS ON WEDNESDAY, 25TH SEPTEMBER 2024, AT THE HOUSE OF REPRESENTATIVES, NATIONAL ASSEMBLY COMPLEX, NIGERIA.
 
 
Honourable colleagues and distinguished members of the 10th House of Representatives, it is with immense pleasure that I welcome you back from the recess. I trust you are fully rejuvenated after spending valuable time with your families and constituents. As we reconvene, I am confident we are ready to address the significant tasks ahead. Our nation is facing critical challenges, but I salute your dedication to the service of Nigeria. Let us remain united and focused on our shared mission for national progress and prosperity.
 
 
As we resume our legislative duties, it is with a heavy heart that we acknowledge the loss of several prominent Nigerians during the recess. The House of Representatives extends its deepest condolences to the families of Chief Emmanuel Chukwuemeka Iwuanyanwu, President-General of Ohanaeze Ndi’gbo; Alhaji Isa Muhammad Bawa; Hajiya Dada, mother of the late former President Umaru Musa Yar’adua; Hajiya Habiba and Hajiya Binta Jakadiya, both revered figures in the palace of the Emir of Zazzau; and Oba Gabriel Aromolaran, the Owa-Obokun of Ijesaland, whose legacy endures in the hearts of his people. We also mourn the tragic loss of Tijanniya members in a recent road accident, as well as the passing of elder statesman Alhaji Muhammad Jibo, MFR. May their souls rest in peace, and may their families find strength in this difficult time.
 
 
Furthermore, we cannot ignore the devastating security incidents that have afflicted various communities in recent months. From the Boko Haram attacks in Gamborou-Ngala, Borno State, to the tragic massacre of innocent people in Ndun village, Tangur District in Plateau State, and the heart-wrenching killings in Maigora, Katsina State. Others include the violence in One-Man Village, Nasarawa State, the attacks in Sabon Tasha, Kaduna State, Guma in Benue State, the brutal killing of the District Head of Gobir by kidnappers, the abduction of healthcare workers and patients in Birnin Gwari, Kaduna State, and the multiple raids in Anka and Shinkafi in Zamfara. Our heart goes out to the families of the victims and to the communities who have endured these unspeakable losses. Let us observe a minute of silence in honour of the memory of those who have lost their lives and to renew our commitment to preventing such tragedies in the future.
 
 
Since our last session, Nigeria has witnessed major political, economic, and security developments. One of the most significant political events was the Edo State governorship election. Despite some tensions, it was conducted peacefully, a testament to the growing maturity of our democracy. We also appreciate the security personnel who ensured peace throughout the process.
 
 
Most importantly, we congratulate the All-Progressives Congress (APC) and the successful candidates, Sen. Monday Okpebholo, the Governor-Elect, and our own Hon. Dennis Idahosa, the Deputy Governor-Elect, on their victory. It is noteworthy that both candidates are Members of the National Assembly. We wish them success in their efforts to lead Edo State toward progress and prosperity.
 
 
On the economic front, Nigeria has demonstrated resilience and potential for recovery despite facing inflationary pressures and a high cost of living. Notably, the nation achieved a commendable 3.19% GDP growth in the second quarter of 2024, with robust contributions from sectors like services and financial institutions, according to reports from the National Bureau of Statistics. This growth occurred in a challenging global economic environment and underscores the efforts to improve the economy. While unemployment and currency depreciation remain concerns, international organisations like the IMF have acknowledged Nigeria’s efforts to diversify its economy and improve fiscal stability, signalling optimism for sustainable growth in the coming years. 
 
 
Security challenges remain a significant concern, particularly in the North. However, substantial progress has been made in combating insurgency, with military operations successfully neutralising over 150 terrorists and major bandit kingpins, according to recent reports from the Nigerian Armed Forces. International bodies like the United Nations and the African Union have recognised Nigeria’s continued efforts to enhance regional stability. These security gains, alongside increased collaboration with neighbouring countries and improved intelligence sharing, demonstrate the government’s commitment to restoring peace. While challenges persist, these efforts are gradually contributing to a safer environment for all Nigerians.
 
 
Honourable Colleagues, as legislators, we are key architects in shaping Nigeria’s future. Our role transcends lawmaking; it is about safeguarding the welfare of citizens, promoting inclusive development, and ensuring good governance. Therefore, every Bill we pass, and every debate we hold must reflect the will of the people. Our actions in this chamber bear significant responsibility for the development and stability of Nigeria. Let us all approach our duties with renewed vigour, mindful of the aspirations of the millions of Nigerians we represent.
 
 
However, while undertaking our constitutionally assigned roles, we must remain mindful that the progress we aspire to can only be realised through strong collaboration with the Executive. While safeguarding our independence as a legislative body, we are committed to working in harmony with the Executive for the greater good of Nigeria. Our joint efforts are vital to securing economic stability, enhancing security, and fostering national development. This partnership is anchored on mutual respect, transparency, and a shared vision for the future of our nation.
Before the recess, we made commendable legislative achievements, passing critical bills and conducting oversight functions that have positively impacted the lives of our citizens. With 1,351 bills introduced and 89 passed, the 10th House has made significant progress. Our efforts have addressed vital sectors such as electricity, healthcare, and financial accountability. But as we look forward, we must maintain momentum. In the coming months, we will prioritise economic reforms, youth empowerment, healthcare, infrastructure, and education.
 
 
The economic challenges facing our nation require urgent legislative action, and the House is committed to passing laws that drive recovery, attract investments, create jobs, and provide immediate relief through targeted social welfare programs. We will support vulnerable populations by advancing youth empowerment and ensuring access to education through the Student Loan Scheme. We also commend President Bola Ahmed Tinubu, GCFR and the Federal Executive Council for approving the Economic Stabilisation Bills, which offer tax relief for businesses generating employment, personal income relief for workers, and suspend burdensome taxes on small businesses and vulnerable groups. The House of Representatives is fully prepared to receive these bills and expedite their passage to ensure timely implementation and economic stability.
 
 
Security remains a top priority for this House. The safety and well-being of every Nigerian are non-negotiable. We will continue collaborating with the Executive and relevant agencies to combat insecurity in all its forms. Legislative reforms will be prioritised to strengthen our security institutions, ensuring they respond more to emerging challenges. We commend the President for signing the Counter-Terrorism Bill into law, marking a crucial step in strengthening our collective fight against insecurity across the nation.
 
 
As previously committed, the House of Representatives will hold a high-level Legislative Security Summit in the final quarter of the year. This summit will address Nigeria’s urgent security challenges by bringing together key stakeholders, including the Executive, security agencies, policy experts, and civil society organisations. The focus will be on legislative reforms to strengthen the capabilities of our security institutions, improve inter-agency collaboration, and optimise the use of intelligence in tackling insurgency, banditry, and other security threats. In addition, the summit will explore approaches to community policing, securing borders, and integrating advanced technology into national defense. 
 
 
Honourable Members, I am optimistic about the future as we embark on this new legislative session. The challenges before us are great, but so is our resolve to overcome them. We remain committed to enacting laws that will positively impact the lives of all Nigerians. I urge our citizens to remain hopeful, knowing their concerns are being addressed. This House will work tirelessly to support the Executive in building a more prosperous and united Nigeria.
 
 
A review of our first-year scorecard shows that we have met several goals, such as establishing public engagement platforms and initiating economic reforms. However, in the second session (2024-2025), the House will focus on key areas, including the full digitisation of legislative records, further promotion of gender equality, and robust security sector oversight. The House will also promote legislative frameworks that support economic diversification and energy infrastructure.
 
 
The House will prioritise Several key bills to address critical national issues across security, governance, and environmental protection. The Armed Forces Act (Amendment) Bill and the Police Act (Amendment) Bill focus on strengthening Nigeria’s security apparatus by enhancing the operational efficiency of the military and reforming the police to improve internal security, including through community policing and potential state police reforms. At the same time, the National Electoral Offences Commission Bill aims to uphold the integrity of elections by prosecuting electoral malpractices.
 
 
It is also crucial to acknowledge the devastating impact of climate change on our communities, especially the recent flooding in Maiduguri, Katsina, Sabon Gari in Kaduna State and other parts of the country. We extend our deepest condolences to those affected. I ask for a minute of silence to honour those who lost their lives. May their souls rest in peace.  
These environmental disasters call for an urgent and comprehensive legislative response. Strengthening environmental laws, bolstering support for frontline enforcement personnel, and prioritising renewable energy initiatives are essential steps. Additionally, enhancing infrastructure resilience and implementing community-based adaptation strategies must be central to our agenda moving forward. A key example of this commitment is the Gas Flaring (Prohibition and Punishment) Bill, which aims to reduce gas flaring by imposing stricter penalties and promoting environmental sustainability.  
 
 
In this regard, the House is pleased with President Tinubu’s proposal for a Disaster Relief Fund, a measure that was recently approved by the Federal Executive Council. The fund is to be sourced from a portion of the revenue accruing to the Federation Account and contributions from the private sector. It will support communities affected by natural disasters, such as the recent flooding incidents. The House of Representatives and the National Assembly are fully prepared to expedite legislative action, facilitating timely and adequate relief to those in need.
 
 
Honourable Colleagues, as we resume, good governance and transparency remain top priorities for the House. The Whistleblower Protection Bill, which provides safeguards for individuals reporting corruption, will be key in strengthening accountability. We passed the National Audit Bill earlier to enhance financial oversight and ensure the responsible use of public funds. We are optimistic that the President will soon assent to this important Bill. Moreover, the Constitution Alteration Bills represent our commitment to governance reforms, including the devolution of powers, promoting women’s political participation, and advancing electoral reforms.
 
 
Effective oversight is crucial to promoting good governance and ensuring accountability in public service delivery. As a core function of the House, we will intensify our oversight efforts in the next session to guarantee transparency and the responsible use of public resources. By closely monitoring the activities of Ministries, Departments, and Agencies (MDAs), we will ensure that government programmes are executed efficiently and align with the aspirations of the people. This will not only enhance public trust but also support the President’s agenda for national development, ensuring that resources are utilised to drive positive outcomes for all Nigerians.
 
 
In conclusion, Honourable Colleagues, I call on all of you to remain mindful of the expectations of our constituents and ensure that our legislative processes and outcomes meet the highest standards of democracy, human rights, and social justice. With confidence in our collective efforts and faith in the future, I look forward to a productive and transformative legislative session.
 
 
Thank you, and may God bless the Federal Republic of Nigeria.
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Nigeria Needs Comprehensive Reforms To Expand Its Tax Base – Speaker Abbas

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…say we’re consulting stakeholders to address concerns of 4 tax bill
…assure NASS will ensure equity, protection of vulnerable Nigerians
By Gloria Ikibah
Speaker of the House of Representatives Rep. Tajudeen Abbas has said that Nigeria needs “comprehensive tax reforms to broaden the nation’s tax base.
Speaker Abbas stated this while delivering the votes of thanks during the presentation of the 2025 budget to a joint session of the National Assembly by President Tinubu, said that the leadership of the House has commenced a series of engagements with the relevant stakeholders to address the concerns raised on the four tax reform bills transmitted to the National Assembly by President Bola Ahmed Tinubu.
He reiterated the commitment of the House, and indeed the National Assembly to ensure equity and the protection of vulnerable Nigerians.
He said, “Nigeria’s low tax revenue also remains a major constraint. Our tax-to-GDP ratio, currently at approximately 10.9 per cent for 2024, is among the lowest in Africa, significantly below the continental average of 15.6 per cent. In comparison, South Africa’s tax-to-GDP ratio stands at 25.4 per cent, while Rwanda and Ghana, with much smaller populations, report ratios of 15.1 per cent and 14.1 per cent, respectively.
“Even our VAT collection efficiency – at approximately 20 per cent – is notably below the near 70 per cent efficiency achieved by South Africa, Equatorial Guinea, and Zambia.”
“Addressing these challenges requires urgent and comprehensive tax reforms to broaden our tax base, improve compliance, streamline administration and reduce reliance on borrowing.”
Speaker Abbas, therefore, stated the preparedness of the National Assembly to work with the President Tinubu-led administration towards achieving the required reforms.
“The National Assembly will continue to work with your administration to ensure that such reforms are equitable, effective, and considerate of the needs of vulnerable populations.
“To this end, we have engaged stakeholders to address concerns raised on the tax reform bills, fostering trust and cooperation. I have personally led numerous high-level meetings and consultations with state governors and other key stakeholders on this issue, achieving positive outcomes”, he added
According to Speaker Abbas, the reforms by the Tinubu administration have “disrupted the status quo, sparking resistance from vested interests.”
He added: “Yet, these courageous measures underscore your resolve to prioritise the welfare of Nigerians.”
“The National Assembly stands ready to support these reforms through legislative backing and to facilitate public engagement for greater understanding and acceptance.”
He stated that collaboration between the three arms of the government remains essential to achieving the shared objectives.
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TALL Forcast: 2025 Budget will bring down inflation to 15%, dollar to N1,500-Tinubu

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President Bola Tinubu has said that the 2025 budget forecasts that inflation will decline from current 34.6% to 15% next year.

He said this during his presentation of the N47.9 trillion 2025 budget proposal to a joint session of the National Assembly on Wednesday.

The President also said that the exchange rate will improve from approximately N1,700 per dollar to N1,500.

According to Tinubu, “this is an ambitious but necessary budget to secure our future.”

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“The Budget projects inflation will decline from the current rate of 34.6 per cent to 15 per cent next year, while the exchange rate will improve from approximately 1,700 naira per US dollar to 1,500 naira, and a base crude oil production assumption of 2.06 million barrels per day,”Tinubu said.

He said the budget projections are based upon observations such as reduction of petroleum products importation, increased export of finished petroleum products, bumper harvest driven by enhanced security, reducing reliance on food imports, among others.

Tinubu listed highlights of the budget to include defence and security – N4.91tn, infrastructure – N4.06tn, health – N2.4tn, education – N3.5tn, among others.

Nigerians are grappling with economic hardship following incessant increase in inflation and volatile exchange rate that has seen dollar exchange as high as N1,700 in recent days.

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On Monday, the National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate rose to 34.60% in November 2024 from 33.88% in October 2024.

The November inflation rate showed an increase of 0.72% points compared to the October 2024 inflation rate, according to NBS’s latest Consumer Price Index (CPI) report which measures the rate of change in prices of goods and services.

“On a year-on-year basis, the Headline inflation rate was 6.40% points higher than the rate recorded in November 2023 (28.20%). This shows that the Headline inflation rate (year-on-year basis) increased in November 2024 compared to the same month in the preceding year (i.e., November 2023),” the Bureau said.

Significantly, food inflation rate in November 2024 was 39.93% on a year-on-year basis, 7.08% points higher than the rate recorded in November 2023 (32.84%).

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Finally, PDP Flushes Out Suspended National Vice Chairman, Ali Odefa

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The Peoples Democratic Party (PDP) Oguduokwor Ward in Onicha Local Government Area of Ebonyi State has formally announced the expulsion of the suspended National Vice Chairman (NVC) of the party in the Southeast, Mr. Ali Odefa from the party.

Ali Odefa was suspended from the party on September 11, 2024 by the Ward Executives of the party for his engagement in various anti party activities. The Federal High Court sitting in Abakaliki while ruling on suit NO: FHC/AI/CS/182/2024 further affirmed the suspension on November 29, 2024.

Announcing the expulsion of Mr. Odefa at a well- attended press conference on Wednesday, the Acting Chairman of the PDP Oguduokwor, Hon. Onyedikachi Herbert Ovuta flanked by other Ward Executives stated that the expulsion of the erstwhile NVC follows the recommendation of the Party’s disciplinary committee that affirmed the allegations of anti-party activities leveled.

According to the party chairman, “The expulsion of Chief Ali Odefa follows the report, findings and recommendations of the Ward Disciplinary Committee of the party which is in line with the provisions of the party constitution.”

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The party announced that Mr. Ali Odefa by the virtue of his suspension, therefore “ceases to be a member of the party.”

The party’s statement reads in part:

“The Peoples Democratic Party (PDP), Oguduokowor Ward, Onicha Local Government Area of Ebonyi State hereby announce the expulsion of Chief Ali Odefa, the suspended National Vice Chairman of the PDP, South East Zone from the party which takes immediate effect.

“The expulsion of Chief Ali Odefa follows the report, findings and recommendations of the Ward Disciplinary Committee of the party which is in line with the provisions of the party constitution.

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“Recall that Chief Ali Odefa was suspended from the party by the Ward leadership on 11th September 2024.

“Consequent upon the judgement of the Federal High Court Abakaliki in suit number FHC/AI/CS/182/2024 which affirmed the suspension of Chief Ali Odefa, the Disciplinary Committee of PDP Oguduokwor Ward after their sittings on the above subject matter unanimously recommended that Chief Ali Odefa the Suspended PDP National Vice Chairman South East Zone be expelled from the party.

“The Executive Committee of PDP Oguduokwor Ward on 11th December 2024 after receiving the report, findings and recommendations of the Disciplinary Committee of PDP Oguduokwor Ward unanimously approved the expulsion of Chief Ali Odefa from the party which is compliance to section 58(1) and section 59(1) of the PDP constitution.

“Henceforth Chief Ali Odefa, seizes to be a member of our party the Peoples Democratic Party (PDP)

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