Proceedings of the Nigerian Senate of Tuesday, 8th October, 2019

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Proceedings of the Nigerian Senate of Tuesday, 8th October, 2019

Welcome to a new Legislative Day in the Senate of the Federal Republic of Nigeria!

Senate President, Dr. Ahmad Lawan PhD CON led the Principal Officers into the chambers; took the official prayers; and began the day’s proceedings at 10:31am.

EXECUTIVE SESSION
Senate moved into an Executive Session at 10:35am and resumed from its Executive Session at 11:46am.

Senate President, Dr. Ahmad Lawan PhD CON reported that at the Executive Session the Senate deliberated on the issues bordering on workings of the Nigerian Senate in particular and the National Assembly in general especially the consideration of the presentation of the 2020 Appropriation Bill.

‪Senator Dahiru Ashiatu moved for the approval of votes and proceedings of Thursday, 3rd October 2019. Senator Uche Ekwunife seconded.‬

‪PETITION‬
‪Senator Enyinnaya Abaribe raised a petition on behalf of his constituency members against:‬
1. ‪The Nigerian Brewery and 2. Anambra River Basin Development Authority.‬

‪Senate President, ‬Dr. Ahmad Lawan PhD CON ‪referred the petition to the Committee on Public Petitions to report in two weeks.‬

‪POINT OF ORDER‬
Senator Patrick Akinyelure raised a point of order seeking the permission of the Senate to lay all the petitions referred to his Committee to enable the Committee on Public Petitions consider all the petitions recieved.

PRESENTATION OF BILLS- First Reading
1. Nuclear Safety and Radiation Protection Act (Repeal and Re-enactment) Bill, 2019 (SB. 19) by Senator Borofice Ajayi.

Nuclear Safety and Radiation Protection Act (Repeal and Re-enactment) Bill, 2019 (SB. 19) was read the First Time.

2. Federal University Gusau (Est, etc) Bill, Bill, 2019 (SB. 25) by Senator Alhaji Sahabi.

Federal University Gusau (Est, etc) Bill, Bill, 2019 (SB. 25) was read the First Time.

3. Federal University of Medicine and Medical Sciences, Abeokuta Ogun State (Est, etc) Bill, 2019 (SB. 26) by Senator Amosun Ibikunle.

Federal University of Medicine and Medical Sciences, Abeokuta Ogun State (Est, etc) Bill, 2019 (SB. 26) was read the First Time.

4. Nigeria Metallurgical Industry Bill, 2019 (SB. 30) by Senator Orji Theodore.

Nigeria Metallurgical Industry Bill, 2019 (SB. 30) was read the First Time.

5. Federal Polytechnic Orogun Delta State (Est, etc) Bill, 2019 (SB. 34) by Senator Omo-Agege Ovie.

Federal Polytechnic Orogun Delta State (Est, etc) Bill, 2019 (SB. 34) was read the First Time.

6. Dormant Account Funds Management (Est, etc) Bill, 2019 (SB. 35) by Senator Omo-Agege Ovie.

Dormant Account Funds Management (Est, etc) Bill, 2019 (SB. 35) was read the First Time.

7. Social Assistance Bill, 2019 (SB. 38) by Senator Nnamani Chimaroke.

Social Assistance Bill, 2019 (SB. 38) was read the First Time.

8. Federal Polytechnic Silame, Sokoto State (Est, etc) Bill, 2019 (SB. 39) by Senator Aliyu Wamakko.

Federal Polytechnic Silame, Sokoto State (Est, etc) Bill, 2019 (SB. 39) was read the First Time.

9. NDDC Act (Amendment) Bill, 2019 (SB. 56) by Senator Mpigi Barinada.

NDDC Act (Amendment) Bill, 2019 (SB. 56) was read the First Time.

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10. Terrorism Prevention and Prohibition Bill, 2019 (SB. 64) by Senator Gyang Isitfanus.

Terrorism Prevention and Prohibition Bill, 2019 (SB. 64) was read the First Time.

PRESENTATION OF A REPORT
1. Report of the Bipartisan Ad-hoc Committee on the alleged assault by Senator Elisha Isiaku, presented by Senator Samuel Egwu.

Senator Mohammed Sani seconded that the Senate do receive the report of the Bipartisan Ad-hoc Committee on the alleged assault by Senator Elisha Isiaku.

The report was LAID.

MOTION
1. Joint Session of the National Assembly by Senator Abdullahi Yahaya.
That the Senate and House of Representatives do sit in a Joint Session to receive an address by Mr. President Commander in Chief, President Muhammadu Buhari, GCFR on Tuesday, 8th October, 2019 at 2:00pm on the 2020 Appropriation Bill.

Senator Enyinnaya Abaribe seconded that the Senate and House of Representatives do sit in a Joint Session to receive an address by Mr. President Commander in Chief, President Muhammadu Buhari, GCFR on Tuesday, 8th October, 2019 at 2:00pm on the 2020 Appropriation Bill.

CONSIDERATION OF A BILL- Second Reading
1. A Bill for an Act to amend the Deep Offshore and Inland Basin Production Sharing Contract CAP D3 LFN 2004 Act and for other matters connected thereto, 2019 (SB. 22) by Senator Akpan Bassey and Senator Ifeanyi Ubah.

‪Senator Akpan Bassey presented the lead debate of the Bill.‬

“I support this critical Bill. To fund our budget, we need to increase our revenue and this is very important.”- Senator Stella Oduah.

“I stand to support the Bill in totality because it is important, it solves the problem of budget funding. The process of this Bill should be monitored so it sees the light of the day.”- Senator Theodore Orji.

“I want to support this Bill because the IOCs have been capitalizing on the loopholes. The money we have been loosing is supposed to be used to run the three (3) tiers of government.”- Senator Jibrin Barau.

‪“I am happy that we are all determined that this Bill must see the light of the day, anything that we can do to to help create more revenue for the country without making things difficult for the people must be supported .”- Senator Amosun Ibikunle.‬

“I support that this Bill is passed expeditiously.”- Senator Omo-Agege Ovie.

“I commend the mover of this Bill for a job well done. This country requires every available income.”- Senator Aliyu Sabi.

“Let me commend the sponsors of this Bill, like my colleagues here have done. I also think that the percentages are low while we are not going to make things difficult for investors, we must also not lose revenues. Penalties are meant to be deterrent, we should make the penalties stiffer.”- Senate President, Ahmad Lawan PhD CON.

A Bill for an Act to amend the Deep Offshore and Inland Basin Production Sharing Contract CAP D3 LFN 2004 Act and for other matters connected thereto, 2019 (SB. 22) was read the Second Time.

Senate President, Ahmad lawan PhD CON referred the Bill to the Committees on Petroleum Resources Upstream, Gas Resources and Finance with the Committee on Petroleum Upstream being the lead Committee to report on Tuesday next week.

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MOTIONS
1. The need to ensure immediate commencement of the Oil and Gas research centre and museum, Oloibiri, Bayelsa State- Nigeria’s first oil field by Senator Degi-Eremienyo Biobarakuma.

“The story of Oloibiri is a story of negligence by people who benefitted from the system and abandoned the system.”- Senator George Sekibo.

“I rise to support this motion because of its economical, social and technological advantages.”- Senator Ibrahim Oloriegbe.

Senate resolved to:
1. Commend the Federak Goverbment for the conceptualization, design and award of contract for the establishment of the Oil and Gas research centre and museum in Oloibiri, the first oil field in Nigeria to promote tourism and improve the socio-economic wellbeing of the people;

2. Urge the Federal Government to give priority attention to the development of heritage institutions such as Oloibiri Oil and Gas research centre and museum as a constant reminder and enrichment of the history of our socio-economic development;

3. Urge the Federal Government to direct PTDF and the concerned contractors to mobilize to site, commence the immediate construction of the Oil and Gas research centre and museum at Oloibiri; and

4. Direct relevant Senate Committees to carry out intensive oversight on the implementation of this project.

2. Joint Session of the National Assembly by Senator Abdullahi Yahaya.
That the Senate do proceed to the House of Representatives Chamber for a Joint Session to receive an address by Mr. President Commander in Chief of the Armed Forces of the Federation, President Muhammadu Buhari, GCFR on the 2020 Appropriation Bill.

‪Senator Enyinnaya Abaribe seconded that the Senate do proceed to the House of Representatives Chamber for a Joint Session to receive an address by Mr. President Commander in Chief of the Armed Forces of the Federation, President Muhammadu Buhari, GCFR on the 2020 Appropriation Bill.‬

‪Senate President, Ahmad Lawan PhD CON gave his opening remarks and invited Mr. President C-n-C of the Armed Forces of the Federation to give his address on the #Budget2020Ng presentation.‬

“The #Budget2020Ng Appropriation Bill is said to be budget of fiscal consolidation.”- President Muhammadu Buhari.

“Additional revenues will be used to fund health, education, and infrastructure programs. Our proposals raise the threshold for VAT registration. The sum of 8.5 trillion is projected as government revenue in 2020.”- President Muhammadu Buhari.

“The 2018 capital budget was implemented till June 2019, while the sum of
N294.6 billion has been released for capital projects under 2019 budget, as of September 30, 2019.”- President Muhammadu Buhari.

“I have directed the Federal Ministry of Finance to release additional 600 billion Naira for capital by end of 2019.”- President Muhammadu Buhari.

“The 2020 appropriation being presented today is predicated in the following parameters:

Benchmark Oil Price : $57

Production: 2.18m bpd

FX: N305/$

Proposed Increase of VAT from 5% to 7.5%.”- President Muhammadu Buhari.

“Based on new VAT rate revenue generation will be increased and will be used to fund education, health and infrastructure.”- President Muhammadu Buhari.

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“The VAT Act already exempts Pharmaceuticals, Educational items and basic commodities. More items to will be added to the exemptions.”- President Muhammadu Buhari.

“The threshold for VAT registration according me o the President will be raised to N25m turnover per annum, to bring relief to small businesses.”- President Muhammadu Buhari.

“8.155 trillion Naira is the revenue generation estimated in the #Budget2020Ng. These are broken down into

Oil: 2.64 trillion
Non-oil: 1.81 trillion
Others: 3.7 trillion.”- President Muhammadu Buhari.

“Nigeria’s External reserves have gone up from $23bn in Oct. 2016 to $42bn in Sept 2019 . The proposed Increase in VAT from 5% to 7.5% will be used to fund education, health & infrastructure. Educational items and basic commodities are excluded by virtue of the VAT Act.”- President Muhammadu Buhari.

“By end of October, 2019 agencies must obtain approval before embarking on a new recruitment exercise or face sanctions.”- President Muhammadu Buhari.

“Capital inflow into Nigeria at the end of the first quarter of 2019 stood at $14 billion as against $12 billion within the same period in 2018.”- President Muhammadu Buhari.

“Infrastructure Tax Credit Scheme launched in January 2019, has already attracted >200 billion Naira in private capital into reconstruction of ~800km of Federal Roads, across all 6 geopolitical zones.”- President Muhammadu Buhari.

“I seek the support of the National Assembly in passing into law two Executive PIBs he will be forwarding shortly.”- President Muhammadu Buhari.

“The Deep Offshore Act Amendment Bill 2018 submitted to the 8th Assembly in June 2018, but not passed will be re-forwarded shortly.”- President Muhammadu Buhari.

President Buhari laid before the Joint Session of the National Assembly the #Budget2020Ng Proposal, says the full breakdown will be provided by the Fedeal Ministy of Finance later.

Speaker Femi Gbajabiamila gave his closing remarks as he thanked Mr. President for honouring the National Assembly for the #Budget2020Ng presentation.

Senate returns to its plenary at 3:31pm

ANNOUNCEMENT
Senate President, Ahmad Lawan PhD CON announced that the highlights of the budget as presented by Mr. President will be distributed among Senators in both soft and hard copies this afternoon and budget debate starts tomorrow morning

ADJOURNMENT
Senate Leader moved that all items on the order paper be stood down to another legislative day. Minority Leader seconded.

Plenary is adjourned to Wednesday, 9th October, 2019.
#GavelBangs

Signed
New Media Department
Office of the President of the Senate
Federal Republic of Nigeria

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