While Belema Oil Producing Ltd honoured Monday’s summon by the PAC, eight other oil companies who failed have been given 72 hours to appear The House of Representatives Public Accounts Committee (PAC) has given eight oil companies a 72-hour ultimatum to appear before it and address allegations of failing to remit N9.4 trillion in royalties to the federation account. The committee’s probe follows findings from a report by the Office of the Auditor General for...
The South East Development Commission (SEDC) gets legislative approval for N250 billion budget for the 2025 fiscal year The House of Representatives committee on the South East Development Commission (SEDC) has approved the commission’s N250 billion budget for 2025, marking what has been described as the beginning of a long-overdue development in the region. Chairman of the committee, Rep. Chris Nkwonta (APC Abia), told journalists in Abuja after the budget defense by the SEDC management...
Imasuen takes the spotlight as the senate braces for a high-stakes showdown as its Committee on Ethics, Privileges, and Public Petitions takes center stage in the unfolding Natasha-Akpabio drama. As tensions continue to rise between Sen. Natasha Akpoti-Uduaghan and the President of the Senate, Godswill Akpabio, the senate committee on ethics, privileges, and public petition is expected to launch a formal investigation into the altercations and allegations involving the two lawmakers. Parliament Reports recalls that following...
Chevron, Shell, Total, Seplat and other oil companies are to face the House Committee on Public Account in a week long probe over N9.4 trillion owed to the Federation Account Chevron Nigeria Ltd, Shell Petroleum Development Company, Total E&P Nigeria, Oando Oil Ltd, Seplat Energy and other oil companies have been summoned to an investigative hearings by the House of Representatives, through its Committee on Public Accounts, to address outstanding debts of N9.4 trillion owed ...
This marks a 99.96% increase from the 2024 budget of ₦27.5 trillion, reflecting the administration’s commitment to infrastructure, economic growth, and debt management. President Bola Tinubu has signed the ₦54.99 trillion 2025 Appropriation Bill into law. The bill was signed on Friday at a brief ceremony at the State House in Abuja. Parliament Reports recalls that the bill, was passed by the National Assembly on February 13, after increasing it from the initial N49.7 trillion...
Meanwhile, Sen Ireti recalled a conversation in which Natasha mentioned that Akpabio had asked to meet her at a hotel. The wife of the Senate President, Mrs. Ekaette Unoma Akpabio, has strongly refuted the sexual harassment allegations leveled against her husband, Senator Godswill Akpabio, by Sen. Natasha Akpoti-Uduaghan. Speaking to journalists shortly after the allegations surfaced, Mrs. Akpabio described them as baseless and a product of wild imagination. She recalled the longstanding cordial relationship between...
“Now that you’re a senator, I’m going to create time for us to come spend quality moments here, you will enjoy it.” Sen. Natasha Akpoti-Uduaghan (PDP, Kogi central) has leveled severe allegations against the President of the Senate, Godswill Akpabio, accusing him of making inappropriate sexual advances toward her. The lawmaker made the allegations during an interview on Arise Television on Friday, citing a pattern of personal and political frustrations she has faced as a...
The House of Representatives has initiated an investigation into the stalled Odukpani Oil and Gas Park project in Cross River State, raising concerns about its future and its potential to revolutionize Nigeria’s oil and gas sector. The House of Representatives has mandated its committee on Nigerian content development and monitoring to investigate the non-completion of the oil and gas park project in Odukpani Local Government Area of Cross River State. This investigation is to ensure...
Speaker Abbas has assured that the tax reform bills will be thoroughly examined to ensure they serve the best interests of Nigerians The Speaker of the House of Representatives, Tajudeen Abbas, has assured Nigerians that the House will meticulously examine the proposed tax reform bills to ensure they serve the best interests of the people. Speaking at a public hearing on the bills in Abuja on Wednesday, organised by the Special Committee on Tax Reform...
The retreat will review all submissions and memoranda to craft legislation acceptable to all regions and stakeholders. The senate has reiterated its dedication to a comprehensive review of all submissions on the tax reform bills, emphasising the need for thorough scrutiny and stakeholder engagement. To advance this effort, the senate committee on finance has scheduled a three-day retreat for consultations with experts. The committee’s chairman, Sen. Sani Musa (APC, Niger east), announced this during a...
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