Senate Archives - Page 2 of 104 - Parliament Reports

Senate gives NNPCL 10-day ultimatum over ₦200 trillion audit queries

Sharon EboesomiJune 27, 20254 min

The committee viewed the request for a two-month deferral as a deliberate stalling tactic, potentially indicating an unwillingness or inability to address the troubling findings. The Senate Committee on Public Accounts (SPAC) has issued a 10-working-day ultimatum to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, demanding full responses to 11 critical financial audit queries relating to the company’s operations between 2017 and 2023. This stern directive, announced...

Senate

Senate confirms boards of regional development commissions

Sharon EboesomiJune 27, 20255 min

With the senate’s confirmation, the three commissions are expected to commence full operations in line with their respective establishment acts. The senate has confirmed the appointments of key officials to steer the affairs of three newly established regional development commissions – the South West Development Commission (SWDC), the South-South Development Commission (SSDC), and the North Central Development Commission (NCDC). The confirmations were made during Thursday’s plenary following the consideration and adoption of reports presented by...

House of Representatives Senate

Tinubu signs four landmark tax reform bills into law

Sharon EboesomiJune 26, 20255 min

In a significant step towards overhauling Nigeria’s fiscal framework, President Bola Tinubu signed into law four key tax reform bills President Bola Tinubu has signed into law four key tax reform bills aimed at unifying tax administration, improving revenue generation, and enhancing the country’s business climate. The bills were signed on Thursday at a brief but symbolic ceremony held at the Aso Rock Presidential Villa in Abuja at about 3:20pm, in the presence of top...

Senate

Senate approves ₦1.485trn Rivers emergency rule budget

Sharon EboesomiJune 26, 20253 min

The bill authorises the issuance of a total sum of ₦1,485,662,592,442 from the Consolidated Revenue Fund of Rivers State for the 2025 fiscal year, ending 31 December 2025. The senate has approved the sum of ₦1.485 trillion as the 2025 budget for Rivers state, marking a major milestone in the federal government’s ongoing emergency administration of the oil-rich south-south state. The passage followed the consideration and adoption of the report of the senate ad-hoc committee...

Senate

Commotion in senate over appointment of non-indigene to chair electoral commission

Sharon EboesomiJune 25, 20253 min

The session, which had earlier progressed smoothly, turned tense after Minority Leader, Sen. Abba Moro (PDP, Benue South), raised strong objections to the appointment of a Rivers state nominee. There was uproar in the senate on Wednesday during the consideration of the report of the ad-hoc committee on the emergency administration in Rivers State, following controversy over the screening and confirmation of Michael Odey, a nominee from Cross River State as chairman of the Rivers...

Senate

Another defection as Senator Imasuen dumps Labour Party for APC

Sharon EboesomiJune 25, 20252 min

Sen. Imasuen attributed his defection to “irreconcilable internal crises and leadership challenges” within the LP. The ranks of the ruling All Progressives Congress (APC) in the senate have once again swelled following the defection of Sen. Neda Imasuen, who represents Edo south senatorial district, from the Labour Party (LP). Sen. Imasuen’s defection was formally announced during Wednesday’s plenary by the senate president, Godswill Akpabio, who read a letter from the lawmaker conveying his decision to...

Senate

Another extension as 2024 budget to run till December 2025

Sharon EboesomiJune 24, 20255 min

For the second time, the national assembly has extended the implementation of the 2024 capital budget to December 2025 amid growing concerns over fiscal discipline. The national assembly has again extended the implementation timeline for the capital component of the 2024 national budget, this time until 31 December 2025. This marks the second extension of the spending period, effectively placing Nigeria in the unusual situation of operating two budget cycles concurrently. The decision was announced...

Senate

Senate backs nearly 50% increase in Rivers’ budget

Sharon EboesomiJune 20, 20255 min

A key highlight of the revised budget is a ₦50 billion provision for clearing outstanding pensions and gratuities The senate has defended the sharp upward review of the 2025 budget for Rivers state, describing the adjustments as necessary, people-focused, and vital for sustaining peace and development under the current emergency administration. The revised appropriation, submitted to the national assembly by the state’s sole administrator through the President and Commander-in-Chief, reflects a nearly 50 percent increase...

House of Representatives Senate

#FixPolitics rates Tinubu’s midterm performance low

Leah TwakiJune 19, 20255 min

#FixPolitics has rated Tinubu’s midterm performance, calling for more actions on electoral and economic reforms, strengthening of anti-graft institutions and security agencies Leading civil society organisation, #FixPolitics initiative, has released a hard-hitting evaluation of President Bola Tinubu administration’s midterm performance, decrying democratic decline, economic hardship, and persistent insecurity. It charged the administration to do more on electoral and economic reforms, strengthen anti-graft institutions and security agencies. In a statement signed by its Executive Director, Anthony...

Senate

Benue Killings: Senators to escort Tinubu on condolence visit

Sharon EboesomiJune 18, 20254 min

The latest massacre occurred on June 12, 2025, when suspected armed herders and militia groups launched coordinated attacks on several communities in Guma and Gwer West local government areas of Benue State. The senate has announced that a delegation of lawmakers will accompany President Bola Tinubu on a visit to Benue State on Wednesday in a show of solidarity following the gruesome killing of over 200 people in the state. The visit, announced by the...

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