President Muhammadu Buhari has not authorized anybody to remove gasoline subsidies, according to Senate President Ahmad Lawan. He said he went to visit Buhari at the Presidential Villa in Abuja yesterday to express constituents’ concerns, especially the anticipated subsidy elimination.
Minister of Finance, Budget, and National Planning Zainab Ahmed stated in October the Federal Government only planned to subsidize the sector for the first six months of the year and eventually de-regulate it. Meanwhile, the Senate has urged the present government to honor the late Chief Ernest Shonekan, who died on January 11 at the age of 85.
A proposal proposed by Senate Leader Abdullahi Yahaya (APC: Kebbi) was adopted in the plenary.He is a brilliant lawyer, an experienced businessman, and a politician,” said the Ogun State native. From August 26 until November 17, 1993, the late Nigerian leader ruled the nation.
The Green Chamber would also standardize Abuja home rentals by requiring three-month and subsequent monthly payments after the tenant’s first one or two-year payment. Bill 2022 ‘Advanced Rent (Residential Apartments, Office Spaces) Regulation Bill’, sponsored by Senator Smart Adeyemi (APC: Kogi West).
He said the proposed law, which passed first reading Wednesday in plenary, aims to help underprivileged citizens of the Federal Capital Territory. The law, if approved, would limit rent collection from renters to three months at first and monthly payments afterward, rather than the current one, two, or three-year initial payment and annual rent renewal.
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