NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

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 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...

BILL TO END EXPORTATION OF RAW MATERIALS SCALES SECOND READING IN SENATE. (PHOTO).


 Bill to end exportation of raw materials scales second reading in Senate


A bill seeking to mandate domestic processing of at least 30 per cent of raw materials before exportation has passed its second reading in the Senate. Sponsored by Senator Nwebonyi Peter (APC, Ebonyi North), the bill aims to amend the Raw Materials Research and Development Council Act 2022, introducing provisions for local processing and production protection.


During his lead debate on Tuesday, Senator Nwebonyi highlighted the transformative potential of the bill for Nigeria’s economy. He argued that mandating local processing would boost local manufacturing industries, create jobs for Nigerians, reduce dependence on imports and the demand for foreign exchange. “Promoting local processing to a minimum of 30 percent or more will add value to our economy, particularly to our Naira. It will also encourage innovation within our local industries, leading to a significant increase in domestic production,” he said.


He further noted that the bill, if enacted, would shield Nigerian manufacturers from foreign competition by regulating the importation of raw materials that could be processed locally, fostering a favourable environment for domestic industries to thrive.

In spite of the overwhelming support, Deputy Senate Minority Leader, Sen. Lere Oyewumi, raised concerns about the bill’s practicality, particularly in sectors lacking local processing capacity. Oyewumi said, “There is a need for amendments due to the nature of some products. We assume that all these products should not be exported raw, but what about when there are no companies to process them locally?”


He warned that strict enforcement of the bill could harm local farmers who rely on export markets for raw materials. “We should avoid granting blanket approval, as farmers may incur losses if raw materials cannot be processed locally.” After deliberations, Senate President Godswill Akpabio put the bill to a voice vote where majority of lawmakers voted in favour, allowing the bill to scale its second reading.

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