TRUMP ISSUES PARDON TO FORMER REPUBLICAN CONGRESSMAN STEPHEN BUYER AFTER INSIDER TRADING CONVICTION. (PHOTO).

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Trump issues pardon to former Republican congressman Stephen Buyer after insider trading conviction    President Donald Trump has issued a full pardon to former Republican congressman Stephen Buyer, who served nearly two years in prison after being convicted of insider trading tied to post-congressional consulting work. Buyer was sentenced in 2023 to 22 months in prison for illegal stock trades made while working as a consultant and lobbyist. He was ordered to forfeit more than $350,000 in ill-gotten gains and pay a $10,000 fine. He was released from custody in 2025 after his conviction was upheld, with the Supreme Court declining to take up his appeal earlier this year. In issuing the pardon, Trump described Buyer’s service as a judge advocate general in the U.S. Army and his time in Congress as “distinguished and highly productive.” The pardon, dated Thursday and released by the White House on Friday, grants Buyer “a full, complete, and unconditional pardon.” Buyer has maint...
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LAWMAKERS BACK USE OF CONCRETE FOR ROAD CONSTRUCTION. (PHOTO).

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Lawmakers Back Use Of Concrete For Road Construction

House of Representatives Committee on Works says it will adopt the use of concrete for road construction against the use of asphalt.

The Chairman, Mr Akin Alabi, during the inauguration of the Committee at the National Assembly claimed that the use of asphalt had led to the deplorable state of road infrastructure in the country.

Additionally, Mr Alabi stated that the committee was prepared to provide sufficient supervision of the Federal Ministry of Works and its parastatals, guaranteeing that any money allocated for road building and repair would be worth it.

He observed that with effective oversight, there would be visible transformation in the nation’s road infrastructure.

“Order 8 (B) Rule 109 of the House Rukes gave the House Committee powers to oversight the Ministry of Works and its parastatals and agencies to ensure that there is value for funds expended on road construction and rehabilitation. Some of the agencies that the House Committee would ensure proper oversight include the Office of Surveyor-General of the Federation (OSGOF), Council for the Regulation of Engineering in Nigeria (COREN), School of Surveying Oyo State and the Regional Centre for Training in Aerospace Survey RECTAS amongst others”.

He continued by saying that because of the difficulties facing the road industry, the committee which has representatives from all the 36 States and the Federal Capital Territory FCT needs to be more effective and focused.

Reps Pass Nigeria Audit Service Act
The House of Representatives has passed the Nigeria Audit Service Bill, repealing the outdated Audit Ordinance of 1956.

The new bill establishes the Federal Audit Service and grants additional powers and functions to the Auditor-General of the Federation.

The bill, officially titled the “Federal Audit Service Act, 2023,” aims to bring Nigeria’s audit practices in line with current constitutional provisions and eliminate remnants of the country’s colonial past.

The Majority Leader of the House, Professor Julius Ihonvbere, who moved for the passage of the Bill, emphasized the necessity of the changes to enhance the independence and impartiality of the Federal Audit Board, enabling it to effectively carry out its statutory responsibilities.

Before the passage of this bill, Nigeria was the only country out of the 54 African nations without an audit law, highlighting the urgency to address this gap in the country’s governance framework.

Under the new law, the Federal Audit Service will function as a board rather than a commission.

Following its passage in the House of Representatives, the Nigeria Audit Service Bill will be transmitted to the Senate for concurrence, bringing Nigeria closer to a more robust and modern audit system that promotes transparency and accountability in public financial management.


 

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