Special Reports

NASS Roundup: State Police, Ex-NNPC GMD’s arrest threat, cryptocurrency regulation, SEDC office saga, other top stories from Senate

On Thursday, the Senate passed the State Police Bill for second reading and referred it to its Committee on Constitution Review for further legislative scrutiny, including public hearings to gauge citizens’ views on the proposed policing system.

Last week, the Senate debated several key issues, including the establishment of state police, a proposed ban on textile imports, regulation of cryptocurrency, an increase in the number of Federal High Court judges and Court of Appeal justices, and the extension of the implementation timeline for the 2025 budget.

However, the proposal was not debated until Thursday, when it passed second reading and was referred to the Senate Committee on Constitution Review for further legislative scrutiny, including public hearings to gauge citizens’ views on the proposed policing system.

Sponsored by Mr Bamidele, the bill seeks to devolve policing powers to subnational governments as part of efforts to strengthen Nigeria’s internal security architecture.

The proposed legislation also seeks to modernise the country’s policing framework by establishing State Police Service Commissions responsible for recruitment, training, and oversight of personnel.

In addition, it proposes moving policing from the Exclusive Legislative List to the Concurrent Legislative List, thereby allowing both federal and state governments to exercise policing powers.

Although a date for the public hearing has yet to be announced, the committee is expected to receive submissions from stakeholders, including the Inspector-General of Police, Olatunji Disu, and the Attorney-General of the Federation, Lateef Fagbemi.

On Tuesday, the Senate, during plenary, called for a total ban on the importation of textile products to enable Nigeria’s local textile industry to thrive, create jobs and generate more revenue.

The upper chamber also urged the federal government to provide additional funding through the Bank of Industry (BOI) to revive the struggling textile sector.

The resolutions followed the adoption of a motion sponsored by Kaduna South Senator, Sunday Katung, on the need to revive the country’s struggling textile industry.

The motion was co-sponsored by Natasha Akpoti-Uduaghan (PDP, Kogi Central), Adams Oshiomhole (APC, Edo North), Ibrahim Khalid (APC, Kaduna North), Tahir Monguno (APC, Borno North) and Mustapha Khabeeb (APC, Jigawa South-west).

Mr Katung, who presented the motion on behalf of the senators, lamented that the unregulated importation of textile products had led to Nigeria losing its position as one of the largest employers of labour in the sector.

Also on Tuesday, the Senate passed a bill seeking to regulate cryptocurrency, protect investors and strengthen Nigeria’s digital economy for a second reading.

The bill was referred to the Senate Committee on Capital Market for further legislative consideration and a public hearing, with a directive to report back within four weeks.

The bill, sponsored by the Deputy Senate President, Barau Jibrin, seeks to establish a comprehensive regulatory and supervisory framework for virtual assets, digital assets and Virtual Asset Service Providers (VASPs). It also proposes mandatory licensing, transparency and compliance requirements for cryptocurrency exchanges operating in the country.

The Chief Whip, Tahir Monguno, however, presented the lead debate of the bill on behalf of Mr Jibrin during the session.

Mr Monguno, while leading the debate on the bill, said that Nigeria has lagged behind several African countries in regulating the digital finance ecosystem despite recording one of the highest rates of cryptocurrency adoption on the continent.

The senator maintained that the absence of a clear legal framework has exposed investors to risks and enabled illicit activities to thrive in the sector.

The Senate Committee on the South East Development Commission (SEDC) on Tuesday queried the commission’s management over its inability to account for more than N4 billion spent from its 2025 budget.

The Managing Director of the SEDC, Mark Okoye, appeared before the committee alongside Sylvester Okonkwo, a former chief of staff to the Senate President, Godswill Akpabio, to defend the commission’s expenditure for the year.

The committee chairman, Orji Kalu, questioned the commission’s contribution to the development of the South-east and demanded details of how its budget had been utilised.

Mr Kalu, who represents Abia North Senatorial District, asked the managing director how much remained in the commission’s account and how the funds had been spent.

However, Mr Okoye was unable to provide a comprehensive account of the spending, prompting the committee to direct him and other officials to return on Tuesday with detailed documentation of the commission’s financial activities.

Two separate bills seeking to expand the capacity of Nigeria’s judiciary passed second reading in the Senate on Wednesday.

One bill seeks to increase the number of judges of the Federal High Court from 70 to 90, while the other proposes raising the number of Court of Appeal justices from 70 to 110.

The bills, sponsored separately by the Senate Leader, Opeyemi Bamidele, were passed during Wednesday’s plenary session.

After the passage, the bills were referred to the Senate Committee on Judiciary, Human Rights and Legal Matters.

The Federal High Court amendment bill aims to address delays in the administration of justice by increasing the number of judges available to hear cases.

The Court of Appeal amendment bill seeks not only to increase the number of justices but also to ensure equitable representation of all states and the Federal Capital Territory in the court’s composition.

It also seeks to clarify issues relating to seniority and ranking among justices, strengthen the court’s administrative functions and improve the efficiency of appellate adjudication.