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Buhari Begs National Assembly To Speedily Pass Money Laundry Bill.

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Buhari Budget

President Muhammadu Buhari has appealed to the National Assembly members to ensure the speedy passage of five Executive bill before it to help his anti-corruption war.

The bills are the Money ‎Laundering and Prevention Bill of 2016‎, Bills for Acts for domestication of agreements for avoidance of double taxation between Nigeria and South Korea, Spain and Sweden respectively, Mutual legal Assistance in Criminal Matters Bill, 2016 the Federal Capital Territory Appropriation Bill, 2016 and Statutory Budget of Niger Delta Development Commission (NDDC)‎, 2016.

He made the appeal while hosting the members of the federal legislature and some chieftains of the All Progressives Congress, APC at the presidential villa, Abuja on Monday night to a dinner to mark the 2016 democracy day and his one year in office.

The president who was particular about the Federal Capital Territory Appropriation Bill, 2016 and Statutory Budget of Niger Delta Development Commission (NDDC)‎, 2016, stated that the bodies would be financially handicapped to execute their project and run the affairs of their offices if their budget was not passed.

While pledging to uphold the principles of separation of powers, President Buhari also expressed gratitude to the lawmakers for passing the 2016 budget.

He said: “This is first, to mark the 2016 Democracy Day and further to appreciate the National Assembly leadership, membership and management for the great work they have done in considering and approving as thought fit several bills and measures submitted by the executive and those bills originated by the legislature which have enabled the government function according to law.

“Let me again appreciate the work of the National Assembly for the painstaking and consensual work they did with the Executive to deliver the 2016 Appropriation Act.

“It is on record that this is one rare occasion where the Appropriation Act was assented to with the schedule i.e the details. This is a good start in our journey of change.

“I seize this opportunity to please draw attention to the under listed bills which have been submitted to the National Assembly and appeal for accelerated consideration and passage.

“The bills include Bills for Acts of domestication of agreements for avoidance of double taxation between Nigeria and South Korea, Spain and Sweden respectively; Federal Capital Territory Appropriation Bill 2016; Money Laundering (Prevention and Prohibition) Bill 2016; Mutual Legal Assistance in Criminal Matters Bill 2016; and the Statutory Budget of the Niger Delta Development Commission 2016.

“I am conscious that on June 9, 2016, the National Assembly will complete one legislative year.

“May I appeal to you to consider and pass these submitted bills, particularly the statutory budget of the FCT, the NDDC Budget and the budget of statutory corporations.

“These bodies cannot execute their statutory mandate nor incur expenditure for the year unless their budgets are approved by the National Assembly.

“I hereby re-state the commitment of this administration to observe the principles of separation of powers which defines and delineates the functions and powers of each arm of government.

“Thus far, we in the executive have restricted ourselves to our constitutional roles. Therefore I, as the President, and we as the Executive arm of government will not interfere in the functions, functioning and process of the Legislature nor the Judiciary.

“In the same vein, I urge other arms of government to please appraise and ensure that each action conceived and taken by it is in strict accord with its constitutionally limited powers.

“I urge you as legislators and the legislature to take out time and communicate with your constituents and other Nigerians the policies of the government which are based on laws approved by the National Assembly.”

BIG STORY

JUST IN: Court Remands Yahaya Bello In EFCC Custody Amid Alleged N110bn Fraud Case

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The Federal Capital Territory (FCT) High Court has remanded Yahaya Bello, former governor of Kogi, in the custody of the Economic and Financial Crimes Commission (EFCC).

Bello was arraigned on a 16-count charge related to alleged money laundering on Wednesday.

He pleaded not guilty to all the charges.

 

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First Phase Of 10,800-Bed Hostel In LASU Ready — Tokunbo Wahab

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The first phase of a 10,800-bed hostel project at the Lagos State University (LASU) is now ready for inauguration, according to Tokunbo Wahab, former special adviser to the governor on education.

Wahab, who is now commissioner for environment and water resources in Lagos, describes the project as ambitious and transformative.

“ It remains one of the most ambitious and transformative projects undertaken during my time as the Special Adviser to the Governor on Education,” he wrote on X.

“It was executed through a Public-Private Partnership (PPP) model under a Build-Operate-Transfer (BOT) arrangement which involves seven reputable investors.”

Wahab commended Babajide Sanwo-Olu, Lagos governor, for his leadership and continuous support.

“Proud of the work done here and to have been a part of this special one,” he added.

“Through the grace of God and the unwavering support and the dedication of the Lagos State Office of Public-Private Partnerships, the relentless efforts of the management staff of LASU, led by Vice Chancellor Prof. Ibiyemi Olatunji-Bello, and the cooperation of other key stakeholders, the first phase of this landmark project has now been completed.”

Wahab emphasized that the project showcases the state government’s commitment to leveraging public-private partnerships to address critical infrastructure needs in the education sector.

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JUST IN: Yahaya Bello Pleads Not Guilty In Alleged N110bn Fraud Case

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Former Kogi State Governor, Yahaya Bello, has pleaded not guilty to the 16-count charge filed against him by the Economic and Financial Crimes Commission (EFCC) over his alleged involvement in a N110 billion fraud.

Bello was arraigned on Wednesday before Justice Maryanne Anenih of the Federal Capital Territory High Court in Abuja.

The former Kogi governor had been declared wanted by the EFCC in April 2024.

 

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