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SENATE of the FEDERAL REPUBLIC of NIGERIA NOTICE PAPER Wednesday, 9Th February, 2011

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SENATE of the FEDERAL REPUBLIC of NIGERIA NOTICE PAPER Wednesday, 9Th February, 2011 6TH NATIONAL ASSEMBLY FOURTH SESSION NO. 52 143 SENATE OF THE FEDERAL REPUBLIC OF NIGERIA NOTICE PAPER Wednesday, 9th February, 2011 Thursday, 10thFebruary 2011 1. Report of the Committee on Local and Foreign Debts: Debt Management Office Act 2003 (Repeal and Re-enactment) Bill 2011 (SB. 239) Senator Ehigie E. Uzamere (Edo South) "That the Senate do CONSIDER the Report of the COMMITTEE on LOCAL AND FOREIGN DEBTS, on the Debt Management Office Act 2003 (Repeal and Re-enactment) Bill 2011 (SB. 239): 2. Report of the Committee on Water Resources: Nigerian Integrated Water Resources Management Commission (Est., Etc) Bill, 2011 (SB. 176) Senator Bassey Ewa-Henshaw (Cross River South) "That the SENATE do CONSIDER the REPORT of the COMMITTEE on WATER RESOURCES, on the Nigerian Integrated Water Resources Management Commission (Est., Etc) Bill, 2011 (SB. 176) 3. A BILL for an Act to Establish the CHARTERED INSTITUTE FOR CERTIFIED SECRETARIES AND REPORTERS OF NIGERIA and for Matters Connected Therewith, 2011 (SB. 152) - Second Reading Senator Teslim K. Folarin (Senate Leader) 4. A BILL for an Act to PROVIDE for the ESTABLISHMENT of A COLLEGE OF MEDICINE AT THE UNIVERSITY OF ABUJA and all Other Matters Incidental thereto 2011 (SB. 182)- Second Reading Sen. Anthony G. Manzo (Taraba North) Tuesday, 15thFebruary 2011 1. Report ofthe Committee on Establishment and Public Service: National Assembly Service Commission Act 2001 (Amendment) Bill 2011 (SB. 82) Senator Mohammed I. Ahmed (Kwara North) "That the Senate do RESUME the CONSIDERATION of the REPORT of the COMMITTEE on ESTABLISHMENT and PUBLIC SERVICE, on the National Assembly Service Commission Act 2001 (Amendment) Bill 2011 (SB. 82)" (Adjourned Consideration - Tuesday, 16th March, 2011). 2. Report of the Committee on Agriculture and Rural Development: Veterinary Surgeons Act (Amendment) Bill 2011 (HB. 64) Senator Hayatu Bello Gwarzo (Kana North) "That the SENATE do CONSIDER the REPORT of the COMMITTEE on AGRICULTURE and RURAL DEVELOPMENT, on the VETERINARY SURGEONS ACT (Amendment) Bill 201 I (HB. 64) PRINTED BY NATIONAL ASSEMBLY PRESS, ABUJA 144 Wednesday, 9th February, 2011 52 3. Report of the Committee on Health: Tobacco Control Act 1990 (Repeal and Re-enactment) Bill 2011 (SB. 221) Senator Iyabo Obasanjo-Bello (Ogun Central) , "That the SENATE do CONSIDER the REPORT of the COMMITTEE on HEALTH, on the Tobacco Control Act 1990 (Repeal and Re-enactment) Bill 2011 (SB. 221)". 4. A· BILL for an ACT to Establish the Chartered Institute of Cost and Management Accountants of Nigeria and for Matters Connected therewith 2011 (SB. 456) - Second Reading Senator Kanti Bello (Katsina North) and 4 Others Wednesday, 16th February 2011 1. Report of the Committee on Agriculture and Rural Development: National Agricultural Seeds Council Act 1992 (Repeal and Re-enactment) Bill 2011 (SB. 178) Senator Hayatu Bello Gwarzo (Kallo North) "That the SENATE do CONSIDER the REPORT of the COMMITTEE on AGRICULTURE and RURAL DEVELOPMENT, on the National Agricultural Seeds Council Act 1992 (Repeal and Re-enactment) Bill 2011 (SB. 178) 2. Report of the Joint Committee on Petroleum Resources (Upstream and Down Stream) and Gas: Petroleum Industry Bill 2011 (SB. 236) Senator Lee L. Maeba (Rivers South East) "That the SENATE do CONSIDER the REPORT of the COMMITTEE on PETROLEUM RESOURCES (UPSTREAM AND DOWNSTREAM) and GAS on the Petroleum Industry Bill 2011 (SB. 236)". 3. A Bill for an Act to Repeal Immigration Act 1963 and Enact Immigration Act 2010 and for Other Matters Connected Therewith 2011 (SB. 3500 -Second Reading Senator Teslim K. Folarin (Senate Leader) 4. A BILL for an Act to ESTABLISH the NIGERIAN ACADEMY of SCIENCE to Promote the Growth, Acquisition and Dissemination of Scientific Knowledge and to Facilitate the Use of Science in the Solution of problems of National Interest and for Other Matters Connected Therewith, 2011 (SB. 283) - Second Reading Senator Jibril M. Aminu (Adamawa Central) Thursday, 17th February 2011 1. Motion: Crisis in the Nigerian Capital Market: Sen. Ganiyu O. Solomon (Lagos West) Co-sponsors Sen. Muhammad A. Bello (Kana Central) Sen. Nimi Barigha-Amange (Bayelsa East) Sen. Suleiman Adokwe (Nassarawa South) Sen. Aloysius A. Etok (Akwa-Ibom North) Sen. Dahiru B.Gassol (Taraba Central) Sen. Anyim Ude (Ebonyl Sou til) Sen. Zaynab A. Kure (Niger South) Sen. Olalekan Mustapha (Ogun East) The Senate, Notes that every government that is sensitive to economic growth and development must be concerned about crisis in the financial sector because of the significant impact it will have on national economy; Worried that since the first quarter of2008, the Capital Market started witnessing bearish trends that turned into global phenomenon, the Nigerian version of the global experience has assumed peculiarities and different dimension; 53 Wednesday, 9th February, 2011 145 Further worried that the Senate Committee on Capital has been inundated with petitions on the market on matters such as delay or none release of share certificatesmismanagement of finances, unlawful acquisition of shares, share price manipulations, false trading, false or misleading statements, mergers and acquisitions, layoff of staff and lack of adherence to the principles of Corporate Governance among others; Concerned that the media have been awash with these negative stories on the Nigerian Capital Market which has further eroded investors' confidence for more than two years now; Worried that Nigerian investors who pooled their hard earned resources into the market have suffered untold hardship, psychological and emotional traumas that cannot be quantified; Notes that the Committee had engaged both the regulatory authority and self regulators on number of occasions on these issues but they were not forth coming with solutions on them; Notes that there is the need to step in and prevent a total collapse of the market through a wholesome investigation that will cut across all stakeholders in the industry and entrench far reaching reform that will reposition the industry. Accordingly Resolves to: Direct the Committee on Capital Market to conduct a full investigation into recent developments in the Capital Market including public hearing and report back to the Senate in two weeks. 2. Report of the Committee on Judiciary, Human Rights and Legal Matters: Legal Aid Act 1976 (Amendment) Bill 2011 (SB Senator Umaru Dahiru (Sokoto South) "That the SENATE do CONSIDER the REPORT of the COMMITTEE on JUDICIARY, HUMAN RIGHTS and LEGAL MATTERS on the Legal Aid Act 1976 (Amendment) Bill 2011 (SB.). 3. Report of the Joint Committee on Commerce and Judiciary, Human Rights and Legal Matters: Consumer Protection Council Act No. 66 (Amendment) Bill 2011 (SB 101) Senator Joel D. Ikenya (Tarabu South) Senator Umaru Dahiru (Sokoto South) 'That the SENATE do CONSIDER the report of the JOINT COMMITTEE on COMMERCE and JUDICIARY, HUMAN RIGHTS and LEGAL MATTERS on the Consumer Protection Council Act No. 66 (Amendment) Bill 2011 (SB 101)". 4. Report of the Ad-hoc Committee on the Financial Reporting Council Bill 2011 (SB. 100): Senator Ahmed M. Makarfi (Kaduna North) "That the SENATE do RESUME the CONSIDERATION ofthe REPORT of the Ad-hoc Committee on the FINANCIAL REPORTING COUNCIL BILL, 2011 (SB. 100)" (Adjourned Consideration - Tuesday, 2nd March, 2010) 5 A BILL for an ACT to ESTABLISH the STUDENTS LOAN BOARD and for Other Matters Connected therewith 2011 (SB. 296) - Second Reading Senator Mohammed K. Jibril (Kuduna Central).
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