During the 2023 budget signing two weeks ago, Mr Buhari asked the lawmakers to reconsider their decision and that failure to approve the amount could cost the government over N1 trillion. And on the same day, the Senate President, Ahmad Lawan, said the National Assembly “is considering the president’s request.”
However, over a year later, the committee, headed by Adejoro Adeogun is yet to submit a report to the House. It is unclear if the committee will submit its report to allow the House to take action. The bill is also aimed at providing an open door and encouragement for other members of the group who are still engaged in the insurgency to abandon the group, especially in the face of military pressure.
It also seeks to reduce advance payment of rent from one or two years by tenants to three months and subsequent monthly payments. The bill was only read for the first time in the Senate.
Source: Loan Digest (loandigest.net)
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