The representatives fear the escalating conflict between the navy and pipeline security firms contracted by the NNPCL could defeat the move to check oil theft in the delta The House of Representatives has resolved to wade into the increasing confrontation between the Nigerian Navy and private security firms contracted for pipeline security services in the Niger delta. The House accordingly mandates its special committee on oil theft in the the Niger Delta to investigate the...
The motion called for the probe of alleged diversion of billions from the natural resources development fund over the years The House of Representatives is set to investigate the usage of funds in the National Resources Development Fund established for the advancement of the solid minerals sector from 2002 to 2023. The House made this resolution at plenary on Thursday, December 21, 2023, following the adoption of a motion on the “need to investigate the...
The House is set to investigate the failure of commercial banks to pay customers over the counter forcing them to patronize POS operators who sell naira notes at exorbitant prices The House of Representatives has resolved to investigate the sale of naira notes at exorbitant price by Point-of-Sale (POS) operators across the country. The House expressed concern over the failure of commercial banks to pay customers over the counter, thus forcing them to resort to...
The representatives are demanding the adoption of mechanisms to make the Chinese Yuan (CNY) an official foreign exchange reserve currency The House of Representatives has urged for the use of the Chinese Yuan as an official exchange currency as a way to mitigate the continuous depreciation of the naira. This House made this resolution on Wednesday, December 20, 2023, following the adoption of a motion moved by Rep. Jafaru Gambo Leko (Bauchi, APC) on the...
The House has directed its committees on finance and petroleum resources (upstream) to conduct a comprehensive investigation on all NNPCL joint venture operations over alleged $60 billion revenue loss The House of Representatives is set to probe the Nigerian National Petroleum Company Limited (NNPCL) for the alleged loss of $60 billion to inflated cash call payments on Joint Ventures (JVs) over the years. This resolution followed a motion which highlighted the “need to investigate the...
The House resolved that Nigeria could rake in substantial revenues to fund annual budgets if proper valuation of federal government assets is undertaken The House of Representatives on Tuesday resolved to task relevant authorities to begin the enumeration and valuation of public assets in a bid to ascertain their worth. It also mandated its committees on finance, and public assets to ensure compliance, and investigate the management of assets by Ministries, Departments and Agencies (MDAs)...
The legislators believe the N10billion for out-of-school children was mismanaged and resolved to investigate what went wrong The House of Representatives has resolved to investigate how the sum of N10 billion was disbursed to take out-of-school children off the streets under the President Muhammadu Buhari administration. This decision was sequel to a motion on the “need to investigate funds disbursed for the alternative school programme, better education service delivery for all, at risk children programme...
The House of Representatives committee on information has urged for increased funding for the ministry of information by aggregating all media budgets under its purview The House of Representatives committee on information has called on the President, Bola Ahmed Tinubu, to ensure that there’s an increase in the funds allocated to the ministry of information in the 2024 budget. Expressing concern about the N2.59 billion budgetary allocation of the ministry, the committee asked for an...
The House of Representatives committee said it would avail WAEC another chance to appear before it on Thursday, December 21, 2023 owing to the board’s absence at session billed for today The House of Representatives committee on basic education has summoned the West African Examinations Council (WAEC) over the absence of its officials at the 2024 budget defence hearing. The committee ordered the examination board to appear before it on Thursday, December 21, 2023 by...
In a rare occurrence, the House of Representatives says to sit on Saturday, and the sole agenda will be to pass the 27.5 trillion appropriation bill for the 2024 fiscal year The House of Representative will pass the 2024 appropriation bill on Saturday, December 23, 2023. TheSpeaker, Rep. Tajudeen Abbas (APC, Kaduna), disclosed this at the plenary session on Tuesday. He urged the lawmakers to ensure that they are present for the passage of the bill...
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