House of Representatives Archives - Page 67 of 142 - Parliament Reports

The state oil company has once again come under negative spotlight as the House of Representatives resolved to probe alleged misuse of frontier exploration funds  The House of Representatives has resolved to launch an investigation into the activities of the Nigerian National Petroleum Company Limited (NNPCL) over alleged illegal expenditure of the frontier exploration fund.  The investigation, ordered on Wednesday, follows a motion of urgent importance presented by Rep. Billy Osawuru (APC, Edo).  Osawuru’s motion...

How can you tell me that NIPC generated N2.89 billion and on record, you spent N3.15 billion we asked, where did you get the money and who gave you the authority to spend above the budget? The House of Representatives Committee on Finance has raised concerns over the financial operations of the National Investment Promotion Commission (NIPC) after the agency reported an expenditure of N3.15 billion despite submitting a revenue of N2.89 billion for the...

Rep members shared divergent views at the special joint session of the Senate and House making 25 years of unbroken democracy In a joint session held on Wednesday, members of Nigeria’s House of Representatives expressed divergent views on the achievements and challenges of the country’s 25 years of uninterrupted democracy. The session highlighted contrasting perspectives on the state of the nation and its democratic journey. Rep. Julius Ihonbvere (APC Edo), the Leader of the House,...

Reps blow hot move to probe CBN’s retrenchment of 600 employees including directors, with almost all staff members in the Governor’s Directorate being terminated. On Wednesday, the House of Representatives resolved to investigate the conditions surrounding the recent dismissal of approximately 600 employees from the Central Bank of Nigeria (CBN). This was a sequel to a motion of urgent public importance moved by Rep. Jonathan Gbefwi (SDP, Nasarawa), during a plenary session on Wednesday. It could...

President Tinubu is doing all he can to convince the people that he means well, for the people. That is the greatest challenge because you need to get the people to believe in what you’re doing. The renewed hope government of President Bola Ahmed Tinubu came on board on May 29 2023. The President, delivering his inaugural speech, during his swearing-in ceremony courageously declared the removal of fuel subsidies as earlier touted during his presidential...

Reps Summon First Bank and 13 other commercial banks others over Non-Remittance of Education Taxes worth billions of naira of between 2011-2022 in violation of the TETFUND Act. 14 commercial banks have been summoned by the House of Representatives Committee on Tertiary Education Trust Fund (TETFund) to appear before it alongside its tax consultants to reconcile the Education Tax Computation not remitted to TETFund by the banks between 2011 and 2022. Chairman of the Committee,...