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 10:40am.

#TodayInSenatePlenary
Senator Ibrahim Oloriegbe moves for the adoption of Votes and Proceedings for Tuesday, 15th February, 2021.

Senator Ezenwa Onyewuchi seconds.

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Senator Ayo Akinyelure presents18 petitions from the Office of the President of the Senate to the floor of the Senate.

Petitions are laid and referred to the Committee on Ethics, Privileges and Public Petitions and to report back in six weeks.

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Senator Solomon Adeola {@YAYIAdeola} cites Order 43 to inform the Senate on the demise of Alhaji Lateef Kayode Jakande, the first civilian Governor of Lagos State.
“The late Alhaji Jakande was a very true progressive and a political leader. He used his opportunity as a political leader to change the lives of the people he led.” - @DrAhmadLawan

Senate resolves to:
Observe one minute silence in honour of the late Governor.
Senator Sani Musa cites Order 42 and 52 to seek the leave of the Senate to present a Motion on the Abduction of students and teachers of Government Science School, Kagara, Niger State: Need for urgent action
Senate resolves to:

i. Condemn in very strong terms the attack on Government Science School, Kagara, Niger State;
ii. Urge the President and Commander in Chief of Armed Forces, President Muhammadu Buhari, GCFR, to as a matter of urgency, declare a State of Emergency on insecurity in Nigeria;
iii. Urge the President and Commander in Chief of Armed Forces, President Muhammadu Buhari, GCFR, to consider and implement the recommendations of the Senate Ad-hoc Committee on Nigeria’s security challenges dated March 17, 2020...
...and Senate’s resolution therefore as a holistic response to the mounting security challenges across the country.
Senate now moves into Presentation of Bills for First Reading.

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1. National Youth Service Corps (NYSC) Act CAP N84 LFN 2004 (Amendment) Bill, 2021 (SB. 63) by Senator Stella Oduah

National Youth Service Corps (NYSC) Act CAP N84 LFN 2004 (Amendment) Bill, 2021 (SB. 63) is read the First Time.

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2. Family Support Trust Fund Act CAP F4 LFN 2004 (repeal) Bill, 2021 (SB. 537) by Senator Opeyemi Bamidele

Family Support Trust Fund Act CAP F4 LFN 2004 (repeal) Bill, 2021 (SB. 537) is read the First Time

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3. Chartered Insurance Institute of Nigeria Act CAP C11 LFN 2004 (Amendment) Bill, 2021 (SB. 623) by Senator Abdulfatai Buhari

Chartered Insurance Institute of Nigeria Act CAP C11 LFN 2004 (Amendment) Bill, 2021 (SB. 623) is read the First Time.

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4. Nigerian Maritime Administration and Safety Agency (NIMASA) Act 2007 (Amendment) Bill, 2021 (SB. 632) by Senator Abba Moro

Nigerian Maritime Administration and Safety Agency (NIMASA) Act 2007 (Amendment) Bill, 2021 (SB. 632) is read the First Time.

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5. National University of Health and Medical Sciences Suleja (Establishment) Bill, 2021 (SB. 633) by Senator Sani Musa

National University of Health and Medical Sciences Suleja (Establishment) Bill, 2021 (SB. 633) was read the First Time

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Senate now moves into Presentation and Consideration of a Report.

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1. Report of the Committee on Public Accounts
Confirmation of the Nomination of Mr. Aghughu Arhotomhenia Adolphus for Appointment as Auditor -General for the Federation by Senator Matthew Urhoghide
Senator Matthew Urhoghide moves that the Senate do consider the report of the Committee on Public Account on the Confirmation of the Nomination of Mr. Aghughu Adolphus Arhotomhenla for Appointment as Auditor -General for the Federation.

Senator Ibrahim Hassan Hadejia seconds.
Senator Matthew Urhoghide lays and presents the report of the Committee on Public Account on the Confirmation of the Nomination of Mr. Aghughu Adolphus Arhotomhenla for Appointment as Auditor -General for the Federation.

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Senate resolves to Committee of the Whole to consider the report of the Committee on Public Account on the Confirmation of the Nomination of Mr. Aghughu Adolphus Arhotomhenla for Appointment as Auditor -General for the Federation.

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Senate reverts to Plenary to report progress.

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The Nomination of Mr. Aghughu Adolphus Arhotomhenla is CONFIRMED as Auditor -General for the Federation.

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“The Senate wishes the new Auditor-General well but let me also say that the National Assembly must ensure the Auditor-General remains truly autonomous and independent." - @DrAhmadLawan
"We achieved so much by giving the Auditor-General a financial autonomy which he requires but I think we can do better as a government. The Headquarters of the Audit House where the Auditor-General with his staff works is still not befitting." - @DrAhmadLawan
"The Auditor-General needs office complex like the EFCC Complex where he can accommodate all his staff. We need to do a lot more to support the Auditor-General to be a lot more effective and efficient.“ - @DrAhmadLawan
Senate now moves into Consideration of Bills for Second Reading.

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1. A Bill for an Act to Repeal the Quarantine Act CAP Q2 Laws of the Federation of Nigeria 2004 and Enact the National Health Emergency Act, to make provisions for regulating and preventing the introduction into and spread...
...in Nigeria of dangerous infectious diseases and for other related matters, 2021 (SB. 413) by Senator Chukwuka Utazi
Senator ID Gyang seconds.

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A Bill for an Act to Repeal the Quarantine Act CAP Q2 Laws of the Federation of Nigeria 2004 and Enact the National Health Emergency Act, to make provisions for regulating and preventing the introduction into and spread in Nigeria of dangerous infectious diseases...
...and for other related matters, 2021 (SB. 413) is read the Second Time and referred to the Committee on Primary Health Care to report back within four weeks.

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2. A Bill for an Act to repeal the Exclusive Economic Zones Act CAP E17 LFN 2010 and the Territorial Waters Act CAP LFN 2010 and Enact the Maritime Zones Act to provide for the Maritime Zones of Nigeria and for related matters, 2021 (SB. 49) by Senator George Sekibo
Senator Emmanuel Bwacha seconds.

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2.A Bill for an Act to repeal the Exclusive Economic Zones Act CAP E17 LFN 2010 and the Territorial Waters Act CAP LFN 2010 and Enact the Maritime Zones Act to provide for the Maritime Zones of Nigeria and for related matters, 2021 (SB. 49) is read the second time and...
...referred to the joint Committees on Judiciary, Human Rights and Legal Matters, Navy and Marine Transport to report back within four weeks.
3. A Bill for and Act to establish the Abuja Geographical Information System (AGIS) and for other matters related therewith, 2021 (SB. 391) by Senator Hassan Mohammed
Senator Philip Aduda seconds.

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A Bill for and Act to establish the Abuja Geographical Information System (AGIS) and for other matters related therewith, 2021 (SB. 391) is read the Second Time and referred to the Committee on FCT to report back within four weeks.

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4. A Bill for an Act to establish the National Environmental Research and Training Institute for the development of environmental policies, training and research and for other matters connected thereto, 2021 (SB. 527) by Senator Stephen Ekpeyong
A Bill for an Act to establish the National Environmental Research and Training Institute for the development of environmental policies, training and research and for other matters connected thereto, 2021 (SB. 527) is read the second time and...
...referred to the Committee on Establishment and Public Service Matters to report back within four weeks.
Senate now moves into Motions.

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1. The exorbitant increase and unjustifiable shipping fees charged by shipping companies on Nigeria bound cargoes, by Senator Ifeanyi Ubah
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Senate resolves to:

Mandate the Committee on Maritime Transport to engage with the Stakeholders in the Shipping Industry and Nigeria Port Authority with a view to proffer solution to this matter.

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2. Urgent need to adopt value-addition and domestication strategies to ensure real and sustainable economic growth by Senator Gershom Bassey, Gershom Henry and five others.

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Senator Ajayi Boroffice seconds.

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Senate resolves to:
1. Mandate the Committees on National Planning and Economic Affairs and Trade and Investment to:
a. Conduct and urgent review of previous Economic plans to ascertain why these plans, policies, and legislation have fallen short of ensuring real and sustained economic growth;
b. Engage relevant industry experts to investigate the current challenges to optimum production and value addition in the relevant sectors (amended); and
c. Articulate a framework for an evidence-based and implementable roadmap to achieve value-added diversification and sustainable economic growth through future economic plans and subsequent budgetary considerations.
Senate Leader moves that Plenary be adjourned till Thursday, 18h February 2021.

Minority Leader seconds.

Plenary is adjourned till Thursday 18th February, 2021.

#GavelBangs
#TodayInSenatePlenary

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1/10 With respect, multiple straw men here:
A) If you mean by "legally questionable" either that Senate is barred by constitution from trying an official impeached while in office, or that there are even very strong arguments against it, I have to differ...


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3/10 If you mean argument against jurisdiction is plausible, sure, it's plausible. It's just weak. In practical fact, Senate can try Trump now, find him guilty & disqualify him from future office if there are sufficient votes. And no court would presume to overturn that result

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5/10 Yes, Senate floor time will be taken up. But it's past time for us to stop thinking of members of either house as feeble, fluttering, occupants of a nationally-funded convalescent home. There are nearly 500 of these people with 1000s of staff and a bunch of big buildings...

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🌺श्री गरुड़ पुराण - संक्षिप्त वर्णन🌺

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गरुड़ पुराण के अनुसार हमारे कर्मों का फल हमें हमारे जीवन-काल में तो मिलता ही है परंतु मृत्यु के बाद भी अच्छे बुरे कार्यों का उनके अनुसार फल मिलता है। इस कारण इस पुराण में निहित ज्ञान को प्राप्त करने के लिए घर के किसी सदस्य की मृत्यु के बाद का समय निर्धारित किया गया है...

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गरुड़ पुराण में विष्णु की भक्ति व अवतारों का विस्तार से उसी प्रकार वर्णन मिलता है जिस प्रकार भगवत पुराण में।आरम्भ में मनु से सृष्टि की उत्पत्ति,ध्रुव चरित्र की कथा मिलती है।


तदुपरांत सुर्य व चंद्र ग्रहों के मंत्र, शिव-पार्वती मंत्र,इन्द्र सम्बंधित मंत्र,सरस्वती मंत्र और नौ शक्तियों के बारे में विस्तार से बताया गया है।
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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.