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Senate Passes South East Development Commission Bill

The Senate has passed a Bill to establish the South East Development Commission. The Bill which was passed after a clause by clause consideration, seeks to among other things tackle infrastructural challenges in the South East and the devastating menace of erosion. Addressing newsmen after plenary, leader of the South East caucus in the Senate, Enyinnaya Abaribe in company of seven other lawmakers from the South East, urged President Muhammadu Buhari to promptly sign the Bill into law, adding that it will speed up rehabilitation and reconstruction of the region which started after the civil war.

 

Speaking in an interview with our correspondent, Raliat Adenekan, sponsor of the bill: Senator Stella Oduah said its passage would put an end to the cry of marginalisation in the south east which has given rise to the emergence of the Indigenous People of Biafra. The lawmakers resolved to put a ten-year time limit for the commission to achieve its aim after which the law establishing it will be amended or the commission dissolved.

 

In another development, the Senate has confirmed senior Nigerian lawyer, Festus Keyamo, as a member of the Nigerian Deposit Insurance Corporation (NDIC). After the adoption of the report of its committee on Banking, Insurance and other Financial Institutions, the upper chamber also confirmed Ronke Sokefun as Chairman and Garba Bello, Josef Okoloagu, Mustapha Mudashiru and Adewale Adeleke as members of the corporation. One other nominee, Garba Buba, was, however, not confirmed because he did not show up for screening. Deputy Senate President, Senator Ike Ekweremadu who presided over plenary tasked the nominees to leave up to the expectation of Nigerians in discharge of their duties.

 

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