Both senate committees aligned on the position that N1billion for travel to attract investments was inadequate and called for increased funding for the ministry of trade The Senate has called for more funding to the Ministry of Industry, Trade and Investment (FMITI) to enable officials embark on essential trips to woo investors into the country. This call was made by the Senate committee on trade and investment, chaired by Senator Sadiq Umar (APC, Kwara North)...
The National Assembly joint committee condemned the N9.6 billion 2024 budget allocation of federal ministry of petroleum resources The 2024 budget proposal of the ministry of petroleum resources does not support the renewed hope agenda of President Bola Tinubu, and therfore needs to be increaesd. This was made known during defence meeting of the ministry on Monday, December 18, 2023, at the National Assembly. Members of the National Assembly joint committee described the budget as...
The House of Representatives committee on information has urged for increased funding for the ministry of information by aggregating all media budgets under its purview The House of Representatives committee on information has called on the President, Bola Ahmed Tinubu, to ensure that there’s an increase in the funds allocated to the ministry of information in the 2024 budget. Expressing concern about the N2.59 billion budgetary allocation of the ministry, the committee asked for an...
The senate committee assured that the national monument, if created, will serve as an alternative source of revenue to the country The Senate committee on culture and creative economy has called for appropriation of N10 billion for the ministry of arts, culture, and creative economy for the construction of a national monument in the Abuja, the Federal Capital Territory (FCT). In an appeal to the Appropriations Committee, which is chaired by Senator Solomon Olamilekan (APC,...
The House of Representatives committee said it would avail WAEC another chance to appear before it on Thursday, December 21, 2023 owing to the board’s absence at session billed for today The House of Representatives committee on basic education has summoned the West African Examinations Council (WAEC) over the absence of its officials at the 2024 budget defence hearing. The committee ordered the examination board to appear before it on Thursday, December 21, 2023 by...
In a rare occurrence, the House of Representatives says to sit on Saturday, and the sole agenda will be to pass the 27.5 trillion appropriation bill for the 2024 fiscal year The House of Representative will pass the 2024 appropriation bill on Saturday, December 23, 2023. TheSpeaker, Rep. Tajudeen Abbas (APC, Kaduna), disclosed this at the plenary session on Tuesday. He urged the lawmakers to ensure that they are present for the passage of the bill...
Sen. Olamilekan, the appropriation committee chairman, urged all sub-committees to adhere to the deadline to ensure the National Assembly meets the January-December budget cycle The National Assembly, through its joint committee on Appropriation, has issued a 48-hour ultimatum to all sub-committees to submit their reports on the 2024 budget estimates. This is as the sub-committees began submitting their reports to the joint committee on Monday. Beginning with the committee on tourism chaired by Senator Ireti...
Unexplained wealth should be confiscated to help curb illicit financial flow and other corrupt practices, argues the EFCCÂ The Economic and Financial Crimes Commission (EFCC) has called for the adoption of the Unexplained Wealth Order (UWO), which mandates people to reveal the sources of their unexplained wealth. According to the EFCC chairman, Mr. Ola Olukoyede, establishing legislation against unexplained wealth will check fraud, corruption and other criminal activities in the country. He urged this while...
The robust participation of the Nigerian delegation to the world radio conference has excited the NCC boss who also praised the minister for showing leadership Nigeria’s performance at the just concluded International Telecommunications Union (ITU)’s World Radio Communications (WRC) Conference 2023, has been described as exciting and impressive. Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, said the election of two Nigerians into leadership positions and other delegates from the commission...
The proposed manual solution to the drying up of lake chad is part of the reasons why the minister advocated for increased allocation to the ministry The minister of the environment, Mr. Balarabe Lawal, has said his ministry intends to tackle the shrinking of Lake Chad by drawing water from large water bodies in other countries into the lake. The minister disclosed this at the 2024 budget defence meeting with the National Assembly joint committee...
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