Despite the Federal Executive Council’s (FEC) decision to fully implement the Steve Oronsaye panel report to reduce the cost of governance, restructuring, and rationalisation of federal agencies, parastatals, and commissions, the National Assembly is unmoved.
The Senate announced that if the current leadership of the CBN fails to offer necessary explanations, it will invite the former governor of the Bank to explain the N30 trillion “Ways and Means” that the Buhari administration obtained while in office. The Central Bank of Nigeria (CBN) has been instructed by the Senate’s Ad-hoc committee investigating the N30 trillion Ways and Means to retrieve a significant amount of N1.079 trillion that was loaned to farmers...
Following the dinner, Senator Jibrin Barau (APC, Kano North) took to his X handle (formerly known as Twitter) to appreciate President Tinubu for hosting the Senators which he described as “historic” President Bola Tinubu has hosted the leadership of the Senate to a dinner to break the Ramadan fast. The dinner was held at the State House on Thursday, 21st March 2024 with the Senate President, Godswill Akpabio, his Deputy, Jibrin Barau and other Principal...
According to the 2023 budget performance report the revenue of N448.1 billion against a projected budget of N559.080 billion, with total recurrent expenditure at N67.072 billion and capital expenditure at N3.6 billion. The Senate has approved the sum of N549.6 billion for the Nigerian Communications Commission (NCC) budget for 2024. This was announced by a joint Senate and House of Representatives Committee on Communications chaired by Senator Ikra Bilbis (PDP, Zamfara Central). Following a motion...
President Tinubu had in a letter to the Senate claimed that the extension was necessary to ensure that the provisions of the two Acts were fully implemented. The Senate has extended the implementation of the capital component of the 2023 budget as well as the N2.17 trillion 2023 supplementary budget until June. Extension of the implementation of the two appropriations was a sequel to a request from President Bola Tinubu which the Senate President, Godswill...
A day after the announcement of a temporary suspension of the commencement of the programme President Tinubu forwarded a letter to the National Assembly, seeking a repeal and re-enactment of the Act. The Senate has passed the Student Loan (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, otherwise known as the Student Loan Act. This resolution followed the consideration of a report on the Senate Committee on Tertiary Institutions and TETFUND, presented by...
The bill according to Tinubu will generate a new legal framework for the remuneration of judicial officers to improve their welfare. President Bola Ahmed Tinubu has requested the Senate to approve the establishment of a new salary, allowance and official benefit for judicial officers. President Tinubu’s request was contained in a letter read by the President of the Senate, Senator Godswill Akpabio, during Wednesday’s plenary. READ ALSO: Senate backs Tinubu’s charge to army over killing...
Senator Idiat says that about 20 million Nigerian children are out of school which represent 10 percent of the estimated Nigerian population of 200 million people on Nigeria. Senator Adams Oshiomhole (APC, Edo North) has called for an urgent need to tackle issues of out-of-school children in the country as it poses a huge security risk to citizens. Oshiomhole made this remark while contributing to a motion on the “Compelling Need to tackle the Challenge...
Senator Bomai noted that the FCT had proposed N1.15 trillion for the 2024 fiscal year, however, after deliberations from the committee, it recommended N1.28 trillion. The Senate has passed a sum of N1.28 trillion for the Federal Capital Territory, FCT 2024 Statutory Budget. The budget was approved following the presentation of the harmonised report of the joint Senate and House of Representatives Committees on FCT, by Senator Ibrahim Bomai (APC, Yobe South) during Tuesday’s plenary....
Senator Adaramodu says the NYSC trust fund will help graduates acquire skills under the Skill Acquisition and Entrepreneurship Development (SAED) Programmes. The Senate has passed a Bill seeking to establish the National Youth Service Corps (NYSC) Trust Fund. The Bill sponsored by Senator Yemi Adaramodu (APC, Ekiti South), if given assent by President Bola Tinubu will provide a sustainable source of funds for the NYSC, skill acquisition, training and empowerment of Corps members, training and...
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