National Assembly Politics Archives - Page 2 of 16

‘2025 budget must prioritise Nigerians’ welfare’ -Akpabio

Sharon EboesomiJanuary 17, 20254 min

Akpabio emphasised the transformative power of budgets in addressing societal inequalities. President of the Senate, Godswill Akpabio, has called for the ₦49.74 trillion 2025 budget to prioritise the welfare of Nigerians, aligning with the Tinubu administration’s vision of a better future. Akpabio made this assertion on Thursday while giving his opening remarks at the stakeholders’ public hearing and interactive session on the 2025 appropriation bill. Akpabio emphasised the transformative power of budgets in addressing societal...

National Assembly Politics

Drama as senator storms out of police budget defence

Sharon EboesomiJanuary 17, 20253 min

Nwebonyi stormed out angrily, exchanging heated words with House members who jeered at him. A heated exchange unfolded in the National Assembly on Thursday during the 2025 budget defence session which reviewed the Nigeria Police’s previous budget. The session turned chaotic when Inspector General of Police, Kayode Egbetokun, began outlining expenditures for constructing five zonal police headquarters. Egbetokun had barely commenced his presentation when Rep. Mark Esset interrupted, questioning why the details presented by the...

National Assembly Politics

Reps queries NECO for spending IGR, steps down budget defence

Leah TwakiJanuary 17, 20253 min

NECO Registrar has been asked to provide proof of 2025 budget implementation as budget defence was stepped down The National Assembly joint committee on basic education on Wednesday expressed concern over the National Examinations Council‘s (NECO) unauthorized use of internally generated revenue (IGR) from the sale of Senior School Certificate Examination (SSCE) registration forms. The issue came to light during a budget defence session at the national assembly complex, where NECO’s Registrar, Prof. Ibrahim Wushishi,...

National Assembly Politics

NNPCL claims transparency champion, remits N10 trn in 2024

Sharon EboesomiJanuary 15, 20252 min

The national assembly also increased the NPA’s target to N1.75 trillion, citing untapped opportunities across its 56 revenue streams. The Nigerian National Petroleum Company Limited (NNPCL) has declared itself the only company in Nigeria that publishes 100 percent of its account statements annually. The Group CEO, Mele Kyari, who revealed this on Wednesday while presenting the company’s budget defence at the national assembly, stressed that they remitted N10 trillion to the federation account by September...

National Assembly Politics

REGIONAL COMMISSIONS: Senate confirms Mark Okoye, Shehu Ma’aji, 30 others

Sharon EboesomiJanuary 15, 20253 min

Four weeks ago, President Bola Tinubu submitted a revised list of nominees for the governing boards of the regional development commissions to the senate for confirmation. The senate has confirmed Mark Okoye and Professor Abdullahi Shehu Ma’aji as Managing Directors and Chief Executive Officers of the South-East Development Commission (SEDC) and North-West Development Commission (NWDC), respectively. These confirmations were announced during Tuesday’s plenary session, presided over by the President of the Senate, Godswill Akpabio. The...

National Assembly Politics

2025 Budget: NASS raises revenue targets for customs, NDIC

Sharon EboesomiJanuary 15, 20252 min

The national assembly has drastically increased the 2025 revenue targets for Customs to N12 trillion and N180 billion for the NDIC The national assembly, through its joint committee on finance, has significantly increased the revenue targets for the Nigeria Customs Service (NCS) and the Nigeria Deposit Insurance Corporation (NDIC) for the 2025 fiscal year. The committee raised customs’ revenue projection from the proposed N6.5 trillion to N12 trillion. Similarly, NDIC’s revenue target was increased from...

National Assembly Politics Spotlight

For females, youths and the marginalised: What to watch for in 2025 | GESI Tracker

Jokpa Mudia ErusiafeJanuary 14, 20254 min

2025 promises significant legislative interventions affecting the lives of women, youth, and marginalised communities. As the new year 2025 kicks off, this edition of our Gender and Social Inclusion (GESI) focuses on legislative interventions anticipated to receive attention. Bills driving gender equality and inclusion In 2025, we look forward to the deliberation of transformative bills designed to address gender gaps and promote inclusivity across key sectors in Nigeria. Notable among the proposed laws already in...

National Assembly Politics RemTrack

2025 Budget: Overview of the extractive sector | RemTracker

Timileyin OkunlolaJanuary 14, 20254 min

The extractive sector, including petroleum and solid minerals development, forms the bedrock of the economy of Nigeria The budget serves as a critical framework for any nation’s economic strategy, guiding financial allocations and shaping development priorities. It is an essential element of the economy, providing a comprehensive blueprint that outlines where funds will be directed and how they will be utilized to achieve government objectives. By establishing clear priorities, the budget plays a vital role...

National Assembly Politics

2025 Budget: JAMB under fire for alleged mismanagement of funds

Sharon EboesomiJanuary 13, 20252 min

The board remitted N4 billion to the Consolidated Revenue Fund in 2024 whereas it received N6 billion from the Federal Government. Lawmakers have raised concerns over the financial operations of the Joint Admissions and Matriculation Board (JAMB), questioning its fiscal prudence and the logic of government funding for a revenue-generating agency. These concerns were raised on Monday during an interactive session of the joint committee of the Senate and House of Representatives chaired by Sen....

National Assembly Politics

INEC rejects N40 billion allocation, proposes N126 billion for 2025

Leah TwakiJanuary 11, 20254 min

INEC has proposed more than three times its budgetary allocations in 2025 budget, and says elections in Nigeria have become a huge burden The Independent National Electoral Commission (INEC) has rejected the N40 billion allocated to it in the 2025 budget proposal, instead proposing N126 billion to adequately fund its activities. This development emerged during a budget defense session with the national assembly’s joint committee on INEC and electoral matters. The INEC chairman, Professor Mahmood...

Newer Posts

Older Posts