News
Senate Moves To Provide Economic Diversification Framework
By Lateef Taiwo
The Senate is set to provide the much needed legislative framework to enable the federal government pursue its diversification policies to improve on the Nigerian economy.
The upper chamber, accordingly, seeks to achieve same with the passage of the Nigerian Economic Diversification Bill 2022 presently before the National Assembly.
A public hearing on the bill sponsored by the Deputy Whip, Senator Aliyu Sabi Abdullahi (APC, Niger North) is slated for Monday, December 19th, 2022.
The hearing is organised by the Senator Olubunmi Adetunmbi-led Committee on National Planning.
The bill, which was read for the first time on December 8, 2021, seeks to establish the Nigerian Economic Diversification Council, as well as provide for the Nigerian Resource Development Plan.
It also provides for the transfer of technology for Nigerian capacity development and succession plan, establishment and management of startup development programme, issuance of work permits and expatriate quotas, and formalization and development of artisanal and small scale miners of solid minerals.
The bill in its provisions, specifically focuses on the promotion of Nigerian Content Development in automobile manufacturing, maritime industry and credit guarantee scheme.
The piece of legislation makes it mandatory for Ministries, Departments and Agencies of government to submit Annual Nigerian Content and Economic Diversification Development Report and Annual Budget.
Other sectors of the economy duly covered in the bill are Information and Communications Technology, Health, Agriculture and Agro Allied, Power etc.
Speaking on the bill, its sponsor, Senator Sabi Abdullahi, said same provides for the “establishment and maintenance of programmes for the overall development of the Nigerian economy, more especially, to encourage the growth of Nigerian industries, services, technologies in order to diversify the Nigerian economy and raise the standard of living of persons living in Nigeria to a reasonable level.”
He added that the scope of the Bill “are to be applicable to all ministries, arms and agencies of the Federal Government of Nigeria and private businesses.”
“However, local content development in the oil and gas sector is excluded from the application of this Bill”, he noted.
News
NTAC DG Wins 2025 Public Servant of the Year Award, Dedicates Honor to President Tinubu
Joel Ajayi
Director General of the Nigerian Technical Aid Corps,Rt.Hon.Yusuf Buba Yakub has dedicated the award of “Most Outstanding Public Servant of the Year” received at the Nigerian Assembly Orientation and Award 2025 to President Bola Ahmed Tinubu.
The Award,which was held, Wednesday,at the National Assembly Library Trust Funds Hall, National Assembly Complex,Abuja,was aimed at recognizing the best performing public servant in the non-legislative category across the country for the current year.
The event,which drew participants from across the country,is the 9th Edition of the Awards.Speaking at the event,the Publisher of Assembly News,a foremost Nigerian Parliamentary news tabloid,Prince Adeboye Omoboye explained that the NTAC boss emerged best-peforming Public Servant from a national poll.
He lauded the NTAC DG for his commitment and sacrifice to national service and for, particularly,using the Technical Aid Corps Scheme in the last two- years-and-half of the Tinubu Administration to reposition Nigeria as a global giant in the areas of soft power and development diplomacy.
While thanking President Tinubu for the opportunity to even serve the nation,the NTAC DG praised the promoters of the Awards for their visionary approach to progressive and developmental journalism. He also noted that diverse fora such as the day’s occasion were important to chronicle the nation’s history in an era when younger Nigerians were beginning to lose touch with the nation’s evolutionary processes.
Earlier,while speaking on the theme of the day’s event,”A New Nigeria,”Director General of the Nigerian Orientation Agency,Issa Lanre-Onilu admonished Nigerians to rethink their responsibilities for the country , informing that the new 7 for 7 National Value Charter of the NOA has emphasised not only the aspects of what he termed “National Promise”,but its corresponding “Citizens’ Code”.He called on all Nigerians to imbibe the spirit of placing Nigeria above every consideration at all times.Onilu was represented at the event by his Special Assistant on Media,Tolu Meduna.
The event,which saw the recognition of other Nigerians, including those from across the States, for various award categories,ended with a pledge to continue to push for a better Nigeria through parliamentary advocacy and media campaigns.
Among those who accompanied the NTAC DG to the event were the Director of Administration,Amb.Yakubu Abdullahi Ahmed;that of Programmes,Amb.Zakari Usman as well as the Deputy Director and Head of Accounts,Mrs Meimunat Haruna-Mustapha.Others were the Assistant Director and Head of Internal Audits,Mr Adekola Lawal;his colleague ,Mr Mustapha Aliyu,an Assistant Director and Mr. Fehintola Adebowale, Assistant Director,Programmes,among others.
Nkem Anyata-Lafia
Special Assistant to the NTAC DG ( Media and Publicity)
November 5,2025
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