Vanguard News
USSD: Reps wade into N42b Telcos’, Banks’ Debt tussle
On
By Tordue Salem – Abuja
The House of Representatives, Tuesday, intervened in the conflict between telecommunication companies and banks over N42billion debts from Unstructured Supplementary Service Data(USSD).
The House adopted a motion to the effect, on Tuesday citing its Order 8 Rule 4.
A motion entitled: “Urgent Need to Intervene In the Impasse of N42billion debt between Telecommunication Operators and Banks and Banks and other Financial Institutions”, was sponsored by Rep. Ossai Nicholas Ossai(PDP-Delta).
In presenting his Motion, Ossai recalled that “in a bid for the Central Bank of Nigeria to realize one of its statutory mandate of Promoting Monetary Stability and Sound Financial System in Nigeria, designed a Cashless Policy, that will provide innovations, easy mobile payment, cost reduction, and convenient financial services to millions of Nigerians living in urban and rural areas. One o
APC Welcomes More Decampees in National Assembly to Its Fold
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Gbajabiamila: Repealing Treaties Act of 1993 Long Overdue
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Vanguard News
Nigeria yet to domesticate over 95% of treaties, protocols Reps
On
By Tordue Salem
Chairman of the House of Representatives committee on treaties, protocols and agreement, Rep. Ossai Nicholas Ossai has said over 95% of treaties, protocols, agreements, conventions, pacts and accords Nigeria is a signatory to, are not yet adopted as a country’s laws.
Ossai disclosed this Tuesday at a public hearing on the bill for an act to repeal treaties (Making procedure etc) Act 2004 and Re-enact treaties (Making Procedure.) 2020.
According to Ossai, Nigeria has lost out on the benefits of such international instruments after many public resources have gone into their negotiations and adoption.