War In House of Reps over Leadership Posts

Hamilton Nwosa
Writer

Ad

CBN Revokes Cash Deposit Limits, Hikes Weekly Withdrawal Threshold

By Abiola Olawale The Central Bank of Nigeria (CBN) has announced the immediate removal of all cash deposit limits. This directive, circulated to all Deposit Money Banks (DMBs), is said to be aligned with the apex bank's strategy to balance its push for a cashless economy with the practical needs of the populace and the…

FG launches December savings bonds with N1,000 minimum unit, offers up to 13.84% annual returns

By Obinna Uballa The Federal Government has opened subscriptions for its December Savings Bonds, the Debt Management Office (DMO) announced on Wednesday. The offers include a two-year FGN Savings Bond maturing on December 10, 2027, with an annual interest rate of 12.838%, and a three-year bond maturing on December 2028, offering 13.839% per annum. According…

Analysts weigh in as Putin threatens Europe with war amid Ukraine peace talks uncertainty

By Obinna Uballa Peace talks between the United States and Russia on Tuesday failed to produce a breakthrough, with Russian President Vladimir Putin doubling down on threats toward Europe and saying Russia is “ready” for war, even as diplomacy struggles to yield a resolution to the nearly four-year conflict in Ukraine. U.S. President Donald Trump’s…

Ad

Bad blood flowing from the unresolved leadership tussle in the House of Representatives literally flowed in the chambers of the House, yesterday, as members charged on one another for supremacy.

For about one and half hours, members were in riot mood following an attempt by allies of the national leadership of the All Progressives Congress, APC, to compel Speaker Yakubu Dogara to announce the list of principal officers of the House as dictated by the party.

Speaker Dogara’s rebuff and bid to steer the House into a closed-door session was equally challenged by supporters of the APC national executive who apparently came prepared for a showdown.

The opposition Peoples Democratic Party, PDP, in its reaction apologised on behalf of the House to Nigerians but called on President Muhammadu Buhari to call his party men in the House to order.

Meanwhile, the APC was unapologetic over its intervention as it last night stood by the list of nominees for principal offices of the National Assembly. The party in a statement issued by its National Secretary, Alhaji Mai Mala Buni nevertheless, condemned the riot on the floor of the House.

Also, Presidency sources said, yesterday, that the President would not intervene in the issue to avoid being seen as supporting any of the contending sides in the House.

Following opening prayers and other formalities, yesterday, Speaker Dogara had at about 11.08 a.m. announced that the House would go into closed session to discuss some issues of concern to the House.

Fighting for the mace

He hardly finished speaking when a member of the APC in a flowing gown rose up, shouting that the Speaker should announce the list of principal officers sent to him by the national chairman of the party.

 

Ad

X whatsapp