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The House of Representatives has reaffirmed its commitment to deepening access to finance for SMEs and strengthening consumer protection in Nigeria’s financial sector The House of Representatives on Thursday reaffirmed its commitment to deepening access to finance for small and medium enterprises (SMEs) and strengthening consumer protection in Nigeria’s financial sector. This was as the Committee on Banking Regulations held a public hearing on two key reform bills. The bills under consideration include: A Bill...

The House of Representatives has commenced investigations into the alleged non-repatriation of Nigeria’s crude oil export proceeds, estimated at over $850 billion between 1996 and 2014 The House of Representatives has commenced investigations into the alleged non-repatriation of Nigeria’s crude oil export proceeds, estimated at over $850 billion between 1996 and 2014, describing it as a massive revenue leakage undermining the nation’s economic stability. Chairman of the House Ad-Hoc Committee on Pre-Shipment Inspection of Exports...

The House of Representatives has called for urgent federal intervention in the reoccurring tanker explosion on the Bida–Agaie–Lapai–Lambata–Diko road in Niger State The House of Representatives has called for urgent federal intervention on the Bida–Agaie–Lapai–Lambata–Diko road in Niger State following a series of fatal tanker explosions and accidents that have claimed dozens of lives and destroyed property worth millions of naira. The House urged the Federal Ministry of Works and the Federal Roads Maintenance Agency...