Tinubu ‘ll Sign S/South Devt. Commission Bill Soon, House Speaker, Abbas Assures

The New Diplomat
Writer
House of Reps Speaker, Tajudeen Abbas, Makes 33 Fresh Appointments 

Ad

$4.5bn: Court Admits More Evidence Against Emefiele

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on October 9,2025, admitted more evidence against a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in an alleged $4.5bn fraud. Emefiele is standing trial on a 19-count charge bordering on receiving gratification and corrupt demand preferred against him by…

NEITI Warns of Deepening Transparency Crisis, Says Nigeria Lost $3.3bn to Oil theft, Sabotage

By Obinna Uballa Nigeria lost an estimated 13.5 million barrels of crude oil valued at $3.3 billion to theft and pipeline sabotage between 2023 and 2024, the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed. Executive Secretary of NEITI, Dr. Ogbonnaya Orji, disclosed this on Thursday at the 2025 Association of Energy Correspondents of Nigeria…

Oil Eases over 1.5% after Gaza ceasefire

Summary Israel and Hamas agree to Gaza ceasefire, return of hostages US oil product supplied highest since December 2022, EIA says Stalled peace talks in Ukraine underpin prices Oil prices edged slightly lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire in Gaza. Brent crude futures were…

Ad

By Kolawole Ojebisi

The Speaker of the House of Representatives, Hon. Tajudeen Abbas, said on Thursday that President Bola Tinubu has assured him that he would sign the bill for the creation of South/South Development Commission into Law.

Abbas said Tinubu revealed his plans to him in confidence during a meeting with him.

The speaker said this during a plenary session on Thursday where he abruptly interrupted a motion seeking to restore the Federal Ministry of Niger Delta Development Affairs sponsored by Hon. Oboku Oforji (PDP-Bayelsa).

He told the House that he got the President’s assurances over the bill in a meeting, saying that the motion had been overtaken by events.

The Majority Leader of the House, Rep. Julius Ihonvbere (APC-Edo) said that the issues contained in the motion were germane.

He, however, said that the conversion of the Niger Delta Affairs Ministry to that of Ministry of Regional Development will not in any way deny the Niger Delta region of its due development.

According to him, it will reduce its impact in the region, but it has only broadened its scope to develop other regions.

It would be recalled that Tinubu had on Oct. 24, scrapped the ministry of Niger Delta Affairs and replaced it with the Ministry of Regional Development.

The change expanded the mandate of the new ministry to encompass developmental activities in all the six geo-political zones in the country.

Recall that Tinubu had last week scrapped the Federal Ministry of Niger Delta at the same time he announced the sack of some ministers and their replacements.

The move attracted reactions from some notable Nigerians from the South/South region. Prominent among those who condemned the decision was elder statesman, and first Republic politician, Chief Edwin Kiagbodo Clark.

The nonagenarian accused Tinubu of taking unilateral decision stressing that he ought to have carried out stakeholders consultation prior to the announcement.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp