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Senate Archives - Page 65 of 110 - Parliament Reports

Senate says allocation to information ministry insufficient

The senate committee expressed concerns over low budgetary allocation to the ministry of information and its parastatals and promised to ‘do something about it.’  The Senate has frowned at the allocation to the ministry of information and national orientation in the N27.5 trillion 2024 budget. The Senate Committee on Information expressed this displeasure during the budget defence session with the officials of the ministry on Tuesday. In his presentation before the committee, the Minister of...

Tinubu seeks Senate confirmation of NPC nominees

President Tinubu has requested the Senate’s confirmation of 19 nominees as commissioners of the National Population Commission (NPC). Ahead of the planned conduct of a national census, President Bola Tinubu has requested the Senate to approve his nominees for appointment into the National Population Commission (NPC). The President’s request was contained in a letter read by the President of the Senate, Godswill Akpabio on Tuesday during plenary. The list contains prospective commissioners to represent states...

Umahi to peg contract variation at 5%

Senator David Umahi promises to include a provision for a 15-year shelf-life insurance guarantee for projects and a maximum of 5% Variation of Price (VoP) Clause in the contracts. The minister of works, Senator David Umahi, has announced plans to include a provision for a 15-year shelf-life insurance guarantee for projects and a maximum of 5% Variation of Price (VoP) clause in contracts awarded by his ministry. Umahi said this during the 2024 budget defence...

FG says naira redesign bankrupted farmers

In a rather ironic twist, the federal government which introduced the naira redesign policy now admits its deleterious consequences   The Federal Government has bemoaned the rate at which farmers are going bankrupt in the country due to the naira redesign policy pushed through by the Central Bank of Nigeria (CBN) from December 15, 2022 to early February this year when the Supreme Court ruled against it. This was as lawmakers in the national ssembly...

Kaduna bombing: Senate donate December salaries to victims

The senators were on a condolence visit to the governor of Kaduna State, Sen. Uba Sani, where they pledged a full-fledged investigation into the costly military misadventure The members of the 10th Senate have announced the donation of N109 million being their December salaries, to the victims of the bombing mishap that took place in Kaduna last Sunday. This is as they promised not to leave any stone unturned in unravelling the circumstances that led...

Oil Theft: NNPCL uncovers 4,800 illegal connections in 5,000 pieplines

The state oil company reveals massive scale of oil theft through multiple illegal connections across the country but maintains that production projections are realistic The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that there are 4,800 illegal connections on some 5,000 kilometers of oil pipelines across the country. This was disclosed by the Chief Executive Officer of NNPCL, Mele Kyari, during an interface with the members of the senate committee on Appropriations held on...

2024: Senate raises allocation to labour ministry

The Senate has resolved to increase the 2024 Budget of the ministry of labour and productivity to enable more revenue generation The senate committee on labour and productivity has considered the need for increased revenue generation and accordingly raised the 2024 budgetary allocation of the ministry of labour, productivity, and employment. This followed requests from ministers in the ministry during the 2024 budget defence on Friday, December 8, 2023. While the amount of raise was...

CORRUPTION: Sanusi blames NASS, blasts NNPC

Sanusi, a former CBN governor, renowned for his blunt forthrightness, said the national assembly shares huge blame for the opacity and alleged corruption of the NNPCL, the state oil company Former governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has said the failure of the National Assembly to adequately carry out its oversight functions on the Ministry of Petroleum Resources, the Nigerian National Petroleum Corporation Limited (NNPCL), and other relevant departments in...

Faulty concessions cost Nigeria millions of dollars – NPA

The NPA explained that Nigeria lost billions of naira due to faulty concessions granted to private operators by the federal government in the past The Nigerian Ports Authority (NPA) has blamed faulty concessions entered into with private operators by the Federal Government for huge sums of unremitted revenues. The authority, however, said the Wold Bank is assiting it to rectify the bad deals and that it had been able to recover a fraction of what...

Senate lambasts correctional service over condition of inmates

The national assembly joint committee flayed officials of the correctional service who fiddled and fidgeted in providing answers to questions The Senate has lambasted officials of the Nigerian Correctional Service (NCoS) over the inhumane conditions of inmates in their custody. This followed series of questions thrown at the officials by lawmakers during the 2024 budget defence with the National Assembly joint committees on Interior on Thursday, December 7, 2023. Trouble started when Sen. Adams Oshiomhole...

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