Welcome to a new Legislative Day in the Senate of the Federal Republic of Nigeria!

Senate President @DrAhmadLawan leads the Principal Officers into the Chambers, takes the official prayers and begin the day's proceedings at 10:43am.
#TodayInSenatePlenary
Senator Isah Jibrin moves for the adoption of Votes and Proceedings for Wednesday, 10th February, 2021.

Senator Nora Dadu'ut seconds.
#TodayInSenatePlenary
Senator Sirajudeen Ajibola (@DrSRJ_) cites Order 43 to inform the Senate on the demise of former Senator Adebayo Salami who represented Osun Central Senatorial District

Senate resolves to:
Observes one minute silence in honour of the late Senator.
#TodayInSenatePlenary
Senate now moves into Presentation of Bills for First Reading
#TodayInSenatePlenary
1.Compulsory Free Universal Education Act CAP C52 LFN 2004 (Amendment) Bill, 2021 (SB. 44) by Senator Aliyu Wamakko

Compulsory Free Universal Education Act CAP C52 LFN 2004 (Amendment) Bill, 2021 (SB. 44) is read the First Time.
https://t.co/lUz4ecMlXN Aid Council Act (Amendment) Bill, 2021 (SB. 560) by Senator Emmanuel Orker-Jev

Legal Aid Council Act (Amendment) Bill, 2021 (SB. 560) is read the First Time.
3.Critical Infrastructure Protection Bill, 2021 (SB. 610) by Senator Sani Musa

Critical Infrastructure Protection Bill, 2021 (SB. 610) is read the First Time.
https://t.co/YEFVD0v5X9 Teaching Hospitals (Reconstitution of Boards, etc) Act CAP U15 LFN 2004 (Amendment) Bill, 2021 (SB. 617) by Senator Tanko Al-Makura
University Teaching Hospitals (Reconstitution of Boards, etc) Act CAP U15 LFN 2004 (Amendment) Bill, 2021 (SB. 617) is read the First Time.
https://t.co/UUJYXq7PQi of Information and Communication Technology, Ogoja (Establishment) Bill, 2021 (SB. 621) by Senator Stephen Odey

Institute of Information and Communication Technology, Ogoja (Establishment) Bill, 2021 (SB. 621) is read the First Time.
Senate now moves into Presentation of Reports.
#TodayInSenatePlenary
https://t.co/v4pGTGQWEe of the Committee on Ethics, Privileges and Public Petitions by Senator Ayo Akinyelure

Senator Ayo Akinyelure moves that the Senate do receive the reports of the Committee on Ethics, Privileges and Public Petitions in respect of:
a.Petition from Mr. Kingsly Torru on behalf of Riverman Technologies Limited against the Department of Petroleum Resources (DPR) for non-payment of the sum of N9,375,616,700 for contract Executed; and
b.Petition from Mr. Olaniyan Shehu Muhib and other affected Staff of Digital Bridge Institute (DBI) against the institute for non-implementation of the Directive of the Secretary to the Government of the Federation (SGF)...
...as regards the staff of the institute whose appointment were terminated in March, 2019.

Senator Cleopas Moses seconds.

Reports were laid.
#TodayInSenatePlenary
Senate now moves into Executive Communications
#TodayInSenatePlenary
1.Confirmation of the Nomination of Engr. Wakil Bukar for Appointment as Commissioner for Federal Civil Service Commission by Senator Yahaya Abdullahi (Senate Leader)
Senate Leader moves that the Senate do consider the request of Mr. President C-in-C on the Confirmation of the Nomination of Engr. Wakil Bukar for Appointment as Commissioner for Federal Civil Service Commission...
...in accordance with the provision of Section 154(1) of the 1999 Constitution of the Federal Republic of Nigeria as amended.

Minority Leader seconds.
The request of Mr. President C-in-C is referred to the Committee on Establishment and Public Service to report back within two weeks.
#TodayInSenatePlenary
2.Confirmation of the Nomination of Mr. Aghughu Arhotomhenia Adolphus for Appointment as Auditor -General for the Federation by Senator Yahaya Abdullahi (Senate Leader)
Senate Leader moves that the Senate do consider the request of Mr. President C-in-C on the confirmation of the Nomination of Mr. Aghughu Arhotomhenia Adolphus for Appointment as Auditor -General for the Federation...
...in accordance to section 86(1) of the 1999 Constitution of the Federal Republic of Nigeria as amended.

Minority Leader seconds.

The request of Mr. President C-in-C is referred to the Committee on Public Accounts to report back in two weeks.
#TodayInSenatePlenary
Senate now moves into Consideration of Reports.
#TodayInSenatePlenary
1. Report of the Committee on Ethics, Privileges and Public Petitions by Senator Ayo Akinyelure

Senator Ayo Akinyelure moves that the Senate do consider the reports of the Committee on Ethics, Privileges and Public Petitions in respect of:
Senator James Manager seconds.

#TodayInSenatePlenary
Senate stood down the recommendations of the report of of the Committee on Ethics, Privileges and Public Petitions on petition from DSC Ibrahim Maigari against the Nigeria Security and Civil Defence Corps (NSCDC) for alleged threat to his life...
...conspiracy to eliminate him, assault, intimidation, torture and unwarranted long detention pending further legislative action.

#TodayInSenatePlenary
Senate approves the recommendation (as amended) of the Committee on Ethics, Privileges and Public Petitions on Petition by Senators from Akwa-Ibom State against the nomination of Mr. Lamido Yuguda as Director-General of Securities and Exchange Commission (SEC)...
...instead of nominating Mary Uduk who was already serving as Ag. Director-General at the Commission

#TodayInSenatePlenary
Senate approves the recommendations of the Committee on Ethics, Privileges and Public Petitions on Petition from Osotoye Segun Kayode against the Nigeria Correctional Service for erroneously including his name on the retirement list of Senior Officers of the Service.
Senate stood down the recommendations of the Committee on Ethics, Privileges and Public Petitions on Petition from Finian Tobias Okoro on behalf of 26 other lecturers of the Nigerian Maritime University, Okerenkoko...
...whose appointments were allegedly terminated by the University without justifiable cause for further legislative action.

#TodayInSenatePlenary
Senate now moves into Motions.

#TodayInSenatePlenary
1.The need to regulate the manufacturing, importation and use of Syringes and Needles to protect the lives and Safety of Nigerians as well as the Economy of the country by Senator Ibrahim Oloriegbe and Senator Sadiq Umar
Senator Sadiq Umar seconds, says "We should take this motion very seriously and do what we have to do to ensure that we grow our economy.”

#TodayInSenatePlenary
“I commend my colleague on such thoughtful motion and also condemn he importation of used and reused syringes and needles. I believe they pose great danger to the lives of our people.” – Senator Chimaroke Nnamani

#TodayInSenatePlenary
Senate resolves to:

https://t.co/XSpHTqPMti the Committee on Health (Secondary and Tertiary), Trade and Investment and Customs to conduct Investigation on the state of manufacturing, importation and policy guideline for syringe and needles in Nigeria by inviting the...
Federal Ministry of Health {@Fmohnigeria}, National Agency for Food and Drug Administration Control (@NafdacAgency), Federal Ministry of Trade and Investment, Nigeria Custom Services {@CustomsNG}, Manufacturers of Syringe and needles and any other relevant persons or body; and
b. Directs its Committee on Health (Secondary and Tertiary) to invite the Federal Ministry of Health to provide explanation on the policy for the procurement and utilization of syringes and needles by federal, state and privately owned hospitals and agencies of the Ministry.
2. CBN’s decision to stop Financial Institutions from transacting in Crypto currencies and matters arising therefrom by Senator ID Gyang and Senator Tokunbo Abiru {@TokunboAbiru}
Senator Tokunbo Abiru seconded, said “The last five years, we have had people changing cryptocurrencies to over 500 million dollars. It is good to ban because of the challenges it has presented; in reality, banning it doesn’t take it away.
"Even our Security Exchange Commission (SEC) also recognized cryptocurrency as a financial asset they need to regulate. What we should do is to invite the major stakeholders to a public hearing.” - Senator Tokunbo Abiru {@TokunboAbiru}
“I am strongly against the outright ban of this medium of exchange by the Central Bank of Nigeria (CBN). What the CBN should be telling Nigerians are the regulations put in place to regulate the activities of the operators." – Senator Solomon Adeola {@YAYIAdeola}
"All over the world, these cryptocurrencies are regulated. The operators of this so called currency are everywhere." - Senator Solomon Adeola {@YAYIAdeola}
"I would indulge this Senate to allow the regulators also to be invited so that they can also tell the Committees their own position concerning the operation of cryptocurrency in Nigeria.” - Senator Solomon Adeola {@YAYIAdeola}
“Cryptocurrency has become a worldwide transaction of which you cannot even identify who owns what. The technology is so strong that I don’t see the kind of regulation that we can do. Bitcoin has made our currency almost useless or valueless." - Senator Sani Musa
"If we have an economy that is very weak and we cannot regulate cryptocurrency in Nigeria, then I don’t know how our economy would be in the next seven years.” – Senator Sani Musa
“We didn’t create Cryptocurrency and so we cannot kill it and cannot also refuse to ensure it works for us. These children are doing great business with it and they are getting result and Nigeria cannot immune itself from this sort of business." - Senator Biodun Olujimi
"What we can do is ensure bad people must not use it. This motion is most important to us. The time has come for us to harmonize all the issues concerning cryptocurrency.” – Senator Biodun Olujimi
Senate resolves to:

Mandate the Committees on Banking, Insurance and other Financial Institutions, ICT and Cybercrimes, and Capital Market to invite the CBN Governor for briefing on...
...the opportunities and threats of the Crypto currency on the nation’s economy and security and to report back findings within two weeks.

#TodayInSenatePlenary
Senate Leader moves that Senate do adjourn plenary till another legislative day.

Minority Leader seconds.

Plenary is adjourned till Tuesday, 16th February 2021.

#GavelBangs
#TodayInSenatePlenary

You May Also Like

12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili

Share for the benefit of everyone.

Here are the setups from @Pathik_Trader Sir first.

1. Open Drive (Intraday Setup explained)


Bactesting results of Open Drive


2. Two Price Action setups to get good long side trade for intraday.

1. PDC Acts as Support
2. PDH Acts as


Example of PDC/PDH Setup given