The senate extended implementation of the 2023 budget till March 31st 2024, to allow MDAs to utilise capital releases which would otherwise be returned to treasury The Senate has granted an accelerated passsage to an amendment of the 2023 budget and the supplementray money bill passed last November. The rationale is to extend the implementation of the 2023 budget till March 31, 2024 so that Ministries, Departments, and Agencies (MDAs) of the Federal Government some...
President Tinubu had ealier requested the Senate to screen and confirm 11 justices recommended for the Supreme Court bench. The Senate has confirmed the appointment of 11 Justices recommended for the Supreme Court. The confirmation followed the consideration of a report of the screening and approval of the nominees presented by the Chairman, Senate Committee on Judiciary, Human Rights and Legal matters, Senator Mohammed Tahir Monguno (APC, Borno North) during Thursday’s plenary. In his contribution,...
The Senate committee had observed discrepancies in the accounts of the CAC and was therefore miffed at the continual absence of the CAC boss The Registrar-General of the Corporate Affairs Commission (CAC), Ishaq Hussain Magaji has come under fire from the Senate committee on finance as it has mandated the Inspector-General of Police to compel his appearance before it within 24 hours. The Registrar General had turned down the Senate Committee’s invitation to defend its Commission’s...
The representatives are demanding the adoption of mechanisms to make the Chinese Yuan (CNY) an official foreign exchange reserve currency The House of Representatives has urged for the use of the Chinese Yuan as an official exchange currency as a way to mitigate the continuous depreciation of the naira. This House made this resolution on Wednesday, December 20, 2023, following the adoption of a motion moved by Rep. Jafaru Gambo Leko (Bauchi, APC) on the...
The House has directed its committees on finance and petroleum resources (upstream) to conduct a comprehensive investigation on all NNPCL joint venture operations over alleged $60 billion revenue loss The House of Representatives is set to probe the Nigerian National Petroleum Company Limited (NNPCL) for the alleged loss of $60 billion to inflated cash call payments on Joint Ventures (JVs) over the years. This resolution followed a motion which highlighted the “need to investigate the...
The uncertainty over the representation of two senatorial districts is ended as the Senate eventually declares Umahi, Geidam’s seats vacant The Senate has declared the seats of Senators Dave Umahi and Geidam Ibrahim vacant. This announcement was made on Wednesday during plenary session by the President of the Senate, Godswill Akpabio who presided over the sitting. This is coming 126 days and 140 days since Umahi and Geidam left red chamber respectively. Both men held...
The Senate appropriation chair, however, assured that the committee would search the 2024 budget for money to cover the planned population census The Senate was taken aback by a revelation that there was no provision for the scheduled 2024 population and housing census in the budget proposal of the National Population Commission (NPC). This was disclosed by Chairman, Senate Committee on National Population Commission, Senator Abdul Ningi (PDP Bauchi Central) who informed the lawmakers about...
The House resolved that Nigeria could rake in substantial revenues to fund annual budgets if proper valuation of federal government assets is undertaken The House of Representatives on Tuesday resolved to task relevant authorities to begin the enumeration and valuation of public assets in a bid to ascertain their worth. It also mandated its committees on finance, and public assets to ensure compliance, and investigate the management of assets by Ministries, Departments and Agencies (MDAs)...
Lalong is a former governor of Plateau State and, until his swearing-in, served as minister of labour, employment and productivity The Senate has sworn in Simon Bako Lalong of the All Progressives Congress (APC) as the Senator representing Plateau South Senatorial District in the 10th National Assembly. He was sworn in on Wednesday during plenary to replace Senator Napoleon Bali of the Peoples Democratic Party (PDP). READ ALSO: Senate swears in Akobundu to replace Nwokocha...
The legislators believe the N10billion for out-of-school children was mismanaged and resolved to investigate what went wrong The House of Representatives has resolved to investigate how the sum of N10 billion was disbursed to take out-of-school children off the streets under the President Muhammadu Buhari administration. This decision was sequel to a motion on the “need to investigate funds disbursed for the alternative school programme, better education service delivery for all, at risk children programme...
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