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Nigeria recorded 12.9 million Cyber attacks during presidential, NASS elections

The Nigerian government announced Tuesday that it recorded a total of 12.9 million (12,988,978) cyber attacks, originating from both within and outside Nigeria during the presidential elections. The Minister of Communications and Digital Economy, Isa Pantami, disclosed this in a statement issued by his spokesperson, Uwa Suleiman. The minister said that in the run-up to the 2023 general elections, threat intelligence revealed an astronomical increase in cyber threats to Nigerian cyberspace. Threats to public…

NASS asks CBN to extend the deadline on old naira notes by six months

The two chambers of the National Assembly have asked the Central Bank of Nigeria (CBN) to extend the deadline for acceptance of the old Naira notes. The House of Representatives and the Senate in separate resolutions on Tuesday asked the CBN to extend the deadline till 31 July. House of Representatives The decision of the House to ask for the extension followed a motion of urgent public importance moved by Sada Soli (APC, Katsina) during plenary. Moving the motion, Mr Soli said banking and other financial…

NASS sends business facilitation bill to Buhari for assent

The Clerk to the 9th National Assembly has transmitted the new Business Facilitation (Miscellaneous Provision) Bill 2022, also known as the Omnibus Bill, to President Muhammadu Buhari for his assent. The Special Adviser to the President on Ease of Doing Business/ Presidential Enabling Business Environment Council (PEBEC), Jumoke Oduwole, said this in a statement on Friday in Abuja. The News Agency of Nigeria (NAN) recalls that the Executive Bill was passed by the House of Representatives in October 2022 and by…

Buhari asks NASS to reconsider stance on loan repayment of N22.7trn to CBN

President Muhammadu Buhari has asked the National Assembly to reconsider its position on his request to pay an outstanding N22.7 trillion to the Central Bank of Nigeria (CBN). He made the appeal on Tuesday when he signed the 2023 budget into law. The money, he had said, was taken by the federal government from the apex bank and it is the balance accumulated for over 10 years. PREMIUM TIMES reported how senators disagreed during the consideration of the president’s request last Wednesday. The chamber was thrown…

CPPE tackles NASS over finance bill

The Centre for the Promotion of Private Enterprise (CPPE) on Sunday expressed concerns over the passage of the 2022 Finance Bill by the National Assembly. A statement by Muda Yusuf, director of the think tank, said the “hasty passage” of the bill calls to question the representation role of the National Assembly, adding that there was no room for public hearing and engagement with stakeholders in the consideration of the bill. On Wednesday, the National Assembly passed the Finance Bill, a legislation that…

Move to exempt NASS staff from contributory pension scheme suffers setback in House of Reps

The House of Representatives has stepped down a bill seeking to establish the National Assembly Service Pension Board. The bill, sponsored by Cook Olododo (SDP, Kwara), seeks to amend the Pension Reform Act of 2014 to exempt the staff of the National Assembly from the Contributory Pension Scheme. During the third reading of the bill on Wednesday, the Deputy Chairman of the House Committee on Pension, Bamidele Salami (PDP, Osun), raised a point of order, noting that the committee did not hold a public hearing on…

Group asks Buhari, NASS to halt auction of 5G spectrum by NCC

A group, Network for Best Practice and Integrity in Leadership (NEBPRIL), has called on the President Muhammadu Buhari and National Assembly to halt the proposed sales of 5G spectrum by the Nigerian Communications Commission (NCC). It made the call in a statement sent to PREMIUM TIMES on Monday. In December 2021, Mafab Communication and MTN Nigeria emerged the two successful winners of the 3.5gigahertz (GHz) spectrum auction for the deployment of 5G technology. NCC said the auction of the 3.5 Gigahertz (3.5 GHz)…