LEGISLATURE

The Senate Adhoc Committee on Oil Theft said it had bugun investigations into oil theft and illegal bunkering activities in the Niger Delta region. Chairman of the Committee, Bassey Akpan, said this while answering questions from journalists on arrival at the Port Harcourt…

The Senate, through its Committee on Finance, has disagreed with the Minister of Finance, Budget and National Planning, Zainab Ahmed, as well as heads of revenue generating agencies in the country on the proposed  2023 – 2025   Medium Term Expenditure Framework (and…

The Senate yesterday rejected the 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) which proposed a N6 trillion tax and import duties waivers proposed for in the N19.76 trillion 2023 budget which also contained a deficit of N12.4 trillion. The Upper Legislative…

The Speaker of the House of Representatives, Femi Gbajabiamila, has promoted, redeployed and appointed new aides to replace those who resigned to contest in the 2023 general elections in compliance with the provisions of the 2022 Electoral Act. The Special Adviser to the…

The Senate President, Ahmad Lawan, on Friday said the alarming spate of insecurity has scared away foreign and local investors and deprived Nigeria the benefit of attracting direct investments. Lawan made this assertion in his speech as the chairman at a National Policy Dialogue…

The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday disclosed that N13.7 trillion ($74.386 billion) was spent on fuel subsidy from 2005 to 2020. This was revealed in a report submitted to the House of Representatives ad-hoc committee investigating the fuel subsidy regime from…

Members of the House of Representatives on Tuesday knocked the office of the Accountant General of the Federation, AGF, for failing to provide evidence of 25 percent of the six billion naira internally revenue generated by the Securities and Exchange Commission (SEC)…

The major challenge ahead of the 2023 general elections remains insecurity, the Senator, representing Borno South Senatorial District in the National Assembly, Ali Ndume has said. Speaking to LEADERSHIP in Abuja, Ndume said once the country is able to overcome the security challenges…

The Director General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has said the commission reduced its workforce by almost 30 per cent disclosing that at the end of the first half of 2022, it recorded a surplus of about…

Members of the House of Representatives on Monday quizzed the Nigerian Electricity Regulatory Commission (NERC) over the utilization of N11.8 billion spent on furniture, and fittings to complete ongoing office partitioning, training as well as a piece of data gathering technology. The lawmakers…