OIL BENCHMARK PRICE OF $78 FOR 2015 BUDGET IS UNREALISTIC- SENATOR BUKOLA SARAKI

These are troubling times for the Nigerian economy. Our revenue base is caving in under the stress of falling price of oil in the international market. Due to the drastic and persistent nature of this fall from the highs of $115 in June of this year, it is my considered view that we can’t continue to give the impression that it is business as usual. The fact that the free fall in the international oil market price has seen it … read more

SENATE ACTIVITIES FOR TUESDAY 21ST OCTOBER, 2014

Today, Tuesday the 21st of October 2014, the Senate was in receipt of an executive communication on the request of Mr President to increase the amount of the Diaspora Bond from USD 100 lion to a maximum of USD300 from the International Capital Market. The request was, as is the tradition of the Senate, referred to its Standing Committee on Local & Foreign debts and Finance. The Senate also approved and adopted the Conference Committee Report on Review of the … read more

SENATE ACTIVITIES FOR WEDNESDAY 15TH OCTOBER, 2014

At the Senate Plenary today, Wednesday 15th Oct.2014, the Senate considered the Conference committee report on the Discrimination against Persons with Disabilities(Prohibition) Bill 2014 and approved same. The Bill for an Act to regulate the Business of Equipment Leasing in Nigeria 2014 (SB. 514 & HB. 97) was considered and extensively debated by Senators. The Bill was subsequently read for the 2nd time and referred to the Committee on Trade and Investments. The following bills were also debated on the … read more

INTERNATIONAL GIRLS DAY; TODAYW E STAND FOR CHIBOK GIRLS

Across the globe, today has been set aside to celebrate our girls. Today isn’t set aside to celebrate them alone, but to reflect on our responsibilities as a family, clan, group, state and nation to protect and preserve the rights of girl child in order to open them to opportunities that will reveal the value in them. On this International Girls’ Day, we stand with girls across the nation, particularly the kidnapped school girls who have been abducted since April; … read more

Saraki Reacts to Amnesty Internationals “No Progress Report”

The issue of the cleanup of extensive oil spill and the ensuing environmental degradation in the Niger Delta, has again been highlighted by the recent Amnesty international report. This report has correctly indicted the Federal Government and Shell for doing next to nothing to implement the United Nations Environmental Program (UNEP) recommendations.    It would be recalled that in August 2011, the UNEP handed the Federal Government its scientific findings on the state of degradation in Ogoniland, and warned that … read more

Why I want International Support to help #BringBackOurGirls by Senator Abubakar @BukolaSaraki

Let me first of all commend our Nigerian security personnel for their unwavering efforts in trying to locate the children abducted from Government Secondary School, Chibok, Borno State on Wednesday, April 16th, 2014. Since this ugly incident occurred, it has been evident that these rescue efforts require the full support and cooperation of both Nigerians, and our friends and allies in the international community – especially those that share our borders. Nigeria has always demonstrated that it is always ready … read more

Senator Bukola Saraki donate blood to bomb victims

Fellow Nigerians: The Monday, April 14, 2014 terrorist attack in Nyanya District of the Federal Capital Territory marks a bloody notch as one of the darkest days in out nation’s history. Fathers, mothers, sons and daughters were lost in this senseless attack, and evil in the form of extremists has again reared its head to try to challenge the resilience of the Nigerian Spirit. But we shall remain undeterred. Today, I have taken the simple but meaningful step to send … read more

Senator Saraki Sympathises with Families of Abuja Blast Victim

Yet again, we are faced with another great loss of innocent lives at the hands of terrorists in Nigeria. It’s baffling and heartbreaking that scores have been feared dead on a Monday morning attack in Nyanya overhead bridge in the outskirt of Abuja; the growing insecurity which has spanned over 3 years unabated has threatened the unity of the nation, and weaken our socio-economic and political strength. It is unfortunate that in the face of this growing insurgencies, the Federal … read more

Senator Saraki’s views on 2014 budget

2014 Appropriation Act passed today:  Read below for Senators Saraki’s view. Today at the plenary, the Senate considered and passed the 2014 Appropriation Act. During my contribution on the floor of the Senate on the consideration of the report, I drew the attention of the Senate to a lacuna in the budget, which I considered critical to the effective implementation of the budget. My intervention is simple. The Appropriation Act we passed today did not consider a valuable indicator of … read more