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...
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...
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...
In this episode of the Gender Equality and Social Inclusion (GESI) tracker, the focus is on widowhood to women safety, examining key bills and motions that aim to protect and empower vulnerable groups in Nigeria. About the Widowhood Leave Bill The Nigerian legislature has taken a significant step in addressing the often-overlooked struggles of grieving spouses through the proposed Widowhood Leave Bill sponsored by Rep. Abdullahi Saidu Musa (APC, Niger). In a public hearing organised...
The deputy speaker disclosed that none of the 31 state creation requests met constitutional requirements, while many amendment bills face duplication issues Chairman of the House of Representatives Committee on the Review of the 1999 Constitution, Rep. Benjamin Kalu, has revealed that none of the 31 requests submitted for state creation met the constitutional requirements. Kalu, who also doubles as the Deputy Speaker of the House, made this known during a two-day retreat for committee...
Galaxy Backbone must provide necessary documents on the alleged financial irregularities and appear again before the committee on Thursday, February 27, 2025 The House of Representatives Public Accounts Committee (PAC) has issued a 72-hour ultimatum to Galaxy Backbone, a federal government-owned information technology and shared service provider, to address allegations of financial irregularities and contract violations amounting to billions of naira. At a hearing held on February 19, 2025, the committee, chaired by Rep. Bamidele...
The House committees on works and FERMA have been tasked to ensure rehabilitation of the key south-east road The House of Representatives has mandated its committees on works and the Federal Roads Maintenance Agency (FERMA) to ensure the immediate commencement of the rehabilitation and reconstruction work on the Oba-Nnewi–Okigwe road, especially the Nnewi axis, following a tragic accident on February 14, 2025. The House equally urged the National Emergency Management Agency (NEMA) to provide urgent...
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