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July 11, 2019 Nigeria’s Total Public Debt Rise To N24.947 Trillion As Of March 31.

Nigeria’s Total Public Debt Rise To N24.947 Trillion As Of March 31.

Nigeria’s total public debt rose to N24.947 trillion as of March 31, from N24.387 trillion as of December 31, 2018, growing marginally by 2.30 per cent, the Debt Management Office said.

 

A statement issued by the office on Wednesday in Abuja said that the debt stock comprises of domestic and external debts of the Federal Government, the 36 States and the Federal Capital Territory.

 

It added that the debt which rose by N560 billion was accounted for largely by domestic debt which grew by N458.36 billion, while external debt also increased by N101.64 billion during the same period.

July 11, 2019 Senate To Receive List Of Ministerial Nominees From President Buhari For Consideration And Approval.

Senate To Receive List Of Ministerial Nominees From President Buhari For Consideration And Approval.

The much expected list of Ministerial nominees will get to the senate this week for consideration and approval.

 

Senate President, AHMAD LAWANwho stated this at plenary said that the executive arm of government was working hard to ensure that the list was ready early enough before the senators proceed on their annual two-month recess

 

AHMAD LAWANwas reacting to a point of order raised by Senator BASSEY AKPAN to the effect that the delay in the submission of the list could affect the holidays of the senators.

 

He however, assured his colleagues and Nigerians that President BUHARI would send the list to the Senate before the week runs out.

July 10, 2019 Senate Proposes Stiffer Penalty For Perpetrators Of Child Rape

Senate Proposes Stiffer Penalty For Perpetrators Of Child Rape

Worried by the incessant cases of child rape across the country, the Senate has moved to frame laws that would make perpetrators face capital punishment.

 

Moving the motion on Order 42 and 52 of Senate rules, Senator ROSE OKO representing Cross River North Senatorial district explained that victims of child rape have been on the increase, a situation she said was worrisome, urging the upper chamber to intervene.

 

Other senators said those indulging in child abuse deserve death penalty.

 

Adopting the motion, Senate President, AHMAD LAWAN upheld the prayers and the review of all relevant laws that would ensure capital punishment for offenders of child abuse.

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