Electoral Bill: Buhari snubs N/Assembly, declines assent – Newstrends
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Electoral Bill: Buhari snubs N/Assembly, declines assent

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President Muhammadu Buhari, Senate President Ahmad Lawan and Speaker of the House of Representatives Femi Gbajabiamila

Members of the National Assembly last night expressed reservations as President Muhammadu Buhari refused to act on the Electoral Act Amendment Bill presented to him for assent by the legislature, 30 days ago.

The 30-day window for President Buhari to assent the bill elapsed last night. As of the time of filing this story, there was no official communication to the parliament and Nigerians from the presidency on the fate of the much-anticipated bill.

Both the Senate President Ahmad Lawan and Speaker of the House of Representatives Femi Gbajabiamila, had at different times met with President Buhari over the bill and expressed confidence that he would assent to it.

Some of the lawmakers knocked the president, who returned to the country from Istanbul, Turkey, where he attended the third Turkey-Africa Partnership Summit, hosted by the Turkish President, Recep Tayyip Erdogan.

The National Assembly had, on November 19, transmitted the bill to President Buhari for assent in line with the constitutional provision.

Section 58 (4) of the 1999 Constitution says, “Where a bill is presented to the President for assent, he shall within 30 days thereof signify that he assents or that he withholds assent.”

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While the political and civil society actors waited with bated breath for the president’s action on the bill, it emerged last week that the Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), had written a letter to Buhari, highlighting the problems with the inclusion of mandatory direct primaries in the Electoral Act amendment bill.

He informed the president that making direct primaries mandatory for all political parties could cause confusion.

A source told Daily Trust yesterday that the president will communicate to the leadership of the parliament today, where he is expected to raise reservation with clause 87, which provides for direct primary.

There has been a cold war between federal lawmakers and governors over the inclusion of direct primaries in the bill, with the latter mounting pressure on the president to reject the provision.

Various Civil Society Organisations (CSOs) yesterday asked the parliament to override the president’s veto to pass the bill into law.

Recalled that in June 2000, the National Assembly passed the Niger Delta Development Commission (NDDC) bill with over two-thirds majority, thus overriding President Olusegun Obasanjo’s veto.

A cross section of senators told Daily Trust yesterday that before they embark on the end of the year recess this week, a decision would be taken on the electoral bill should the president withhold assent.

A Senator close to the presiding officers, said they are yet to receive any communication from the president regarding the bill.

Speaking to one of our correspondents, the lawmaker said action would be taken when the president communicates his decision on the bill to them.

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“For sometimes, there have been pressure that we should invoke the 2/3 rule as enshrined in the 1999 Constitution if the president fails to assent it. Discussions are on along this line but there are a lot of things that would be looked at before we can arrive at anything,” he said.

Another ranking lawmaker said the president was being misled by his handlers to cause confusion in the polity.

“He would not assent to it because he is being misled by people around him and he likes to hear that. They are doing this to cause confusion in the polity. It would be difficult for us to override the president’s veto because we cannot get the 2/3,” he said last night.

But Senator Kabiru Gaya (APC, Kano), expressed optimism that the president will act on the bill.

Another senator who spoke to one of our correspondents said, “We passed the bill to strengthen the country’s democratic process, especially the conduct of our elections. From reactions that trailed the passage, it shows that majority of Nigerians are in support of the bill.

“Certain people, very few in number, who are not comfortable with some sections of the bill are expressing reservations. We, in the National Assembly, will continue to act in the interest of the majority of Nigerians, who we represent. Our action on the electoral bill will not be different. Nigerians should wait patiently.”

Another senator, referring to state governors, said “They tried to lobby us to rescind our decision on direct primary but failed. They now transferred the pressure on the president to reject the bill.”

He said if the process of conducting primary elections is optional, elective offices would be populated with incompetent cronies.

Senate spokesperson, Senator Ajibola Basiru declined to comment on possible options the Red Chamber is weighing on the electoral bill after the expiration of the 30-day timeline.

Asked further on what Nigerians should expect from the Senate should Buhari decline assent, he said; “I don’t have any comment on it,” and hung off.

Rep Tanko Sununu (APC, Kebbi) while responding to questions on the matter said it was too early for him to make comments since the president was yet to communicate to House on whether he has assented or declined assent.

“For me, I won’t say the president has turned down assent or has assented because, there are formal channels of communication of which by Tuesday’s sitting, we should be able to know whether the president has assented or not.

“And that will definitely guide the decision the House will take. I don’t want to preempt what the president has done or has not done. Had it been he has not assented to and it is made public, then I can comment”, he said.

Speaking in the same vein, a lawmaker from the South South geopolitical zone, said it would be preemptive to begin to comment on the next move of the lawmakers since it has not been ascertained that the president has withheld his assent.

Rep Babangida Ibrahim (APC, Katsina), said, “The President must communicate whether he assented to the bill or not. You know Saturdays and Sundays are not working days. So, you cannot say whether he has rejected it or not.”

Presidential aides on National Assembly, Senator Babajide Omoworare (Senate) and Umar Ibrahim El-Yakub were unavailable for comments last night.

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Override president, CSOs urge lawmakers

The Executive Director, Civil Society Legislative Advocacy Centre (CISLAC), and also Coordinator, Transparency International (TI) in Nigeria, Auwal Musa Rafsanjani, said the National Assembly members, as the representatives of Nigerians, have done well in passing the majority wish of the citizens to the president.

He said that it is left for the lawmakers to prove to Nigerians that they are not rubber stamp, as claimed by Senate President Ahmad Lawan, by overriding President Muhammadu Buhari’s veto.

“The president’s interest should not override Nigerians’ and national interest. It is disheartening that the president who lamented that he was a victim of political corruption before emerging president, has not sent any bill to the National Assembly to deepen democracy and is not keen on acting in the interest of tackling political corruption by signing the Electoral Amendment bill sent to him the National Assembly,” he said.

Also speaking, the Convener, Good Governance Team (GGT), Mr. Tunde Salman, urged the National Assembly to override the presidential veto at least to pass a strong message that the current Assembly is not a rubber stamp legislature as widely believed.

“I am not comfortable that the Attorney General of the Federation (AGF) would now be serving as a clearing house for bills passed by the National Assembly. Where was his office, when the amendments procedures were being considered, to make his inputs?” Salman said.

On her part, the Director of the Centre for Democracy and Development (CDD), Idayat Hassan, noted that President Buhari has a penchant for rejecting electoral bills.

She said between 2017 and 2018, the president declined the bills four times giving reasons ranging from controversial clauses to time frame under the ECOWAS’s supplementary protocol as his reasons.

Hassan said, “This fifth rejection will be one too many. The president was a beneficiary of an improved electoral landscape including law and election management body. So, he must bequeath the same as legacies to Nigeria. A refusal to sign the electoral bill because of direct primaries will militate against forward-looking provisions such as the electronic transmission of results.

“What exactly is bad in doing direct primaries if it will open up the political space for women, youth and other historically marginalised categories? We can only hope that the lawmakers can show they are true representatives of the people, not their political parties and go ahead to veto. The 312 votes needed should be a walkover but it may be a pipe dream for us as citizens.”

On their part, a coalition of CSOs said that the president’s delay in signing the bill has created unpalatable suspense and generated avoidable apprehension, although his inaction may not be the final call after December 19.

This was contained in a joint statement by Ariyo-Dare Atoye, Executive Director, Adopt A Goal Initiative; Jude Feranmi, Convener, Raising New Voices Initiative; Maryam Ahmed, Programme Officer, Center For Liberty; Kenneth Eze, Convener, Speak Out Africa Initiative; Simi Olusola, Executive Director, The Nigerian Alliance; and Obinna Eze Nwagbara, Executive Director, Youth and Students Advocates for Development Initiative (YSAD).

They said, “This will not be the first time in the last 20 years that the National Assembly will override the president; the 4th legislative session did so and got the NDDC Act passed and operational. The 9th National Assembly has the opportunity of not sharing with the executive the glory that will accompany the new act.”

Daily Trust

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Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Adebayo Ogunlesi

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

Forbes has unveiled its 2024 ForbesBLK 50 list, celebrating the achievements of the wealthiest and most influential Black Americans.

Among the honorees are three Nigerians—Adebayo Ogunlesi, Tope Awotona, and Wemimo Abbey—whose groundbreaking contributions and entrepreneurial successes have earned them places on this prestigious list.

The ForbesBLK 50 is a reimagining of Forbes’ 2009 Wealthiest Black Americans list, which then featured figures like Oprah Winfrey, Michael Jordan, and Magic Johnson.

While net worth remains a core metric, the new list also highlights innovation, societal impact, and leadership across diverse industries.

Adebayo Ogunlesi, with a net worth of $1.7 billion, stands out as a pioneering force in global infrastructure investment. As chairman and cofounder of Global Infrastructure Partners (GIP), Ogunlesi led the private equity firm through a transformative acquisition by BlackRock in 2024 for $12.5 billion.

  • Ogunlesi, a Harvard-educated lawyer and banker, previously spent over two decades at Credit Suisse before launching GIP in 2006.
  • His influence extends beyond business, as he has become a key figure in reshaping infrastructure investment on a global scale.

Also, Nigerian entrepreneur,Tope Awotona, the founder and CEO of Calendly, has redefined efficiency in scheduling and holds a net worth of $1.4 billion.

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  • Born in Lagos, Awotona moved to Atlanta as a teenager and pursued business and management information studies at the University of Georgia. After early entrepreneurial setbacks, he launched Calendly in 2013, driven by frustration with cumbersome meeting coordination. The platform, which raised $350 million in 2021, is now valued at $3 billion and serves millions of users worldwide.

Although not a ranking, Wemimo Abbey, at just 32, is the youngest Nigerian on the list and cofounder of Esusu, an African fintech company addressing financial inclusion. Esusu helps renters build credit by reporting rent payments to credit bureaus, a service utilized by more than 20,000 properties and benefiting 1.8 million Americans.

  • In 2022, Esusu achieved a $1 billion valuation following a $130 million funding round. Abbey, who grew up in Lagos, has a background in mergers and acquisitions consulting and a passion for leveraging technology to drive social impact.

These three Nigerians show innovation, resilience, and the drive to address pressing global challenges. Their inclusion on the ForbesBLK 50 list is a foretelling of their entrepreneurial vision and the increasing influence of Nigerians on the global stage.

The ForbesBLK 50 list, launched under ForbesBLK, aims to go beyond net worth to measure impact and influence within the Black community and beyond.

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Northern youths say new tax regime bill designed to ruin region

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President Bola Ahmed Tinubu

Northern youths say new tax regime bill designed to ruin region

Coalition of Northern Groups, Taraba State chapter, has expressed concerns that the proposed Tax Reform Bill by President Bola Ahmed Tinubu’s administration is cunningly designed with all premeditated intent and purposes to further develop the southern Nigeria at the expense of the north.

The northern youths, who lamented the economic hardship in the country, concluded that the effect bears more scars on the region than any other.

Aside from the new Tax Reform Bill, the group also condemned the federal government’s land-border closure, alleging that the ideas favour the South more than the North.

The group, in a statement signed by its coordinator, Comrade Idris Ayuba, made available to Vanguard Correspondent in Ilorin alleged that most difficulties the North faces are the repercussions of the decisions, citing the effect of Petroleum subsidy removal, land border closure and the new tax regime as few examples.

He noted in the statement that”reduction in the consumption of a capital commodity like petroleum occasioned by the subsidy removal is not a manifestation of a positive policy impact; it rather indicates reduced economic activities that force people out of energy consumption,”

On the land border closure, Idris said: “One of the primary concerns is the impact of this policy on the regional economy, which has been heavily reliant on cross-border trade with neighbouring countries. The closure has resulted in significant losses for traders and business owners in the region, exacerbating poverty and unemployment.

“The policy has given undue advantage to Southern Nigeria, for instance, the closure has led to an increase in demand for locally produced goods in Southern Nigeria, which has boosted the southern regional economy.

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“Additionally, the Southern region has benefited from the increased revenue generated from customs duties and taxes on imported goods.

“The closure has also created an imbalance in the distribution of economic opportunities, with Southern Nigeria having greater access to ports and international trade routes.

” This has resulted in a concentration of economic activity in the Southern region, further marginalizing Northern Nigeria,” Idris explained in the statement.

Northern youths say new tax regime bill designed to ruin region

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BREAKING: National Assembly extends lifespan of 2024 budget

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Senate President, Godswill Akpabio

BREAKING: National Assembly extends lifespan of 2024 budget

President of the Senate, Godswill Akpabio, has explained that the impressive performance of the 2024 national budget encouraged members of the National Assembly to extend the lifespan of the 2024 budget beyond December 31 this year.

Akpabio gave the explanation Wednesday in his welcome address during the presentation of the 2025 national budget to the joint session of the federal parliament.

He said, “We have noted the 2024 budget performances of 50% for capital expenditure and 48% for recurrent expenditure respectively.

“Given these great achievements, we have deemed it necessary to extend the life of the 2024 budget to June 30, 2025.

“The enabling law for this extension has already been put in place by this patriotic Assembly, as a testament to our appreciation for the great performance of the budget, ensuring we build upon your momentum.

“We commend your steadfast commitment to collaborate, cooperate and work with the National Assembly to achieve your grand vision for Nigeria.”

As the red chamber planned to start deliberations on the budget proposals, Akpabio warned heads of the various ministries, departments and agencies of the Federal Government to make themselves available for the budget defence.

He said: “Let me take this opportunity to stress the importance of the honourable ministers and heads of extra-ministerial departments being prepared to respond promptly to requests for them to come and defend their sectoral allocation in the exercise of our legislative oversight.

“We have observed concerning the behaviour from some ministers and heads of extra-ministerial departments, who sometimes neglect their duty to promptly submit to legislative oversight, sometimes even disregarding invitations from relevant committees of the legislature.

“It is imperative they understand that we will not condone such breaches of the constitution going forward.”

Akpabio noted that under the President Bola Tinubu administration, Nigerians has “witnessed remarkable strides in economic reforms, aimed at enhancing our nation’s stability and growth”.

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According to him, “The courageous decision to remove fuel subsidies, though challenging, showcases your (Tinubu’s) unwavering commitment to redirecting resources to critical sectors such as education and healthcare.

“Your collaboration with the Central Bank has cultivated an environment ripe for investment, and your focus on infrastructure development reflects a visionary commitment to improving the connectivity that fuels our economy.

“Furthermore, your initiatives to strengthen our security framework stand as a testament to your resolve in tackling the pressing challenges of our time.“

The chairman of the National Assembly commended Tinubu’s efforts in the era of security.

“We commend your tireless efforts, along with those of our brave men and women in uniform, for liberating our lands from the grip of terror.

“Today, no community is under the threat of terrorism, a monumental achievement we celebrate together.

“The reduction in kidnapping incidents and the neutralization of over 11,000 terrorists and insurgents is a testament to patriotism, strength and determination,” Akpabio said.

The Senate President said Tinubu’s dedication to fostering international relations paves the way for fruitful partnerships that will propel the nation forward.

He said: “We are witnessing a resurgence in foreign direct investment, made possible by your visionary directives that ease the visa processes for Nigerians travelling to other countries, and at the same time welcome investors and tourists alike to our country.

“Your innovative approaches in our embassies and the Ministry of Foreign Affairs have opened new doors for Nigeria and its people. For this we thank you.”

He said the introduction of social welfare programmes embodies the president’s unwavering belief in uplifting the living standards of our citizens.

“You remind us that our nation is not merely constructed of bricks and mortar, but of the resilience and determination of its people.

“Nigerians are taking notice of your remarkable achievements. You have doubled aggregate government revenues to over NGN 18.32 trillion, reduced debt servicing expenditures from 97% to 68%, fulfilled $7.5 billion in foreign exchange obligations, increased oil production to 1.8 million barrels per day, and launched the Compressed Natural Gas initiative.

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“Your administration has processed over N45.6 billion for student payments, signed the National Minimum Wage Law, and raised the national minimum wage to N70,000 a month, all while providing over N570 billion in financial support to the 36 states,” Akpabio said.

He commended the groundbreaking tax reform initiative including the four tax reform bills, namely the Joint Revenue Board of Nigeria (Establishment) Bill, 2024; Nigeria Revenue Service (Establishment) Bill, 2024; Nigeria Tax Administration Bill, 2024; and the Nigeria Tax Bill, 2024.

He said the tax reform bills represented a monumental shift in the country’s fiscal landscape and that its critics haven’t read the proposed legislations.

The Senate President said: “It is disheartening that those who have not taken the time to understand these bills are the loudest critics.

“I urge all Nigerians, especially those in public office, to engage with these vital reforms thoughtfully.

“This initiative marks the first comprehensive tax reform since Nigeria’s independence, presenting a transformative opportunity for rejuvenating small and medium enterprises and enhancing the livelihoods of ordinary Nigerians.

“These reforms will not only improve Nigeria’s revenue profile but also create a more conducive and internationally competitive business environment, transforming our tax system to support sustainable development.”

Akpabio said the infrastructure renaissance has paved the way for many roads, including the coastal road and crucial arteries in the Abuja capital city and other parts of the country.

“These developments are not merely about concrete and asphalt; they represent the lifeblood of our economy, connecting our people and fostering growth,” he added.

He urged Nigerians to bear with the president whose economic reforms had imposed hardship on Nigerians but noted that: “We are light-years away from where we began, though some rivers remain to be crossed.

“The pains we feel are not merely the pains of hardship; they are the pains of childbirth. When that season arrives in Nigeria, when this administration births that season, we will rejoice for the struggles endured.

“For now, I ask for your patience and urge all Nigerians to cooperate with the president and maintain faith in his vision.

“Mr. President, while you cannot be everywhere, you have eyes everywhere. We, the distinguished senators and honourable members of the House of Representatives, are your eyes in our constituencies and every corner of Nigeria.

“When our constituents struggle to afford rice, they come to us. When their shoes pinch, they seek our assistance. When the economic alarm sounds, they turn to us.

“Therefore, we are committed to ensuring that you touch the hearts and pulse of Nigerians through these appropriation bills resonating with the sounds of hope and signalling the dawn of Nigeria’s economic rebirth,” he added.

Akpabio ended his speech by leading the members of the National Assembly to sing for the president as they all chorused, “On your mandate we shall stand” to the admiration of the legislatures and the guests.

 

BREAKING: National Assembly extends lifespan of 2024 budget

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