The National Assembly has praised FIRS for surpassing its 2024 revenue target, hitting N21.6 trillion, and set an ambitious N25 trillion target for 2025 The National Assembly has commended the Federal Inland Revenue Service (FIRS) for surpassing its 2024 revenue target. This happened on Wednesday during the budget defence of the FIRS led by its Executive Chairman, Zacch Adedeji, who stressed how the agency had surpassed its revenue collection target of N19.4 trillion to N21.6...
The warning was prompted by the absence of the Director General of the Nigerian Agricultural Quarantine Service who was scheduled to present his agency’s performance review. The National Assembly joint committee on agricultural production and services has threatened to withhold allocations in the 2025 budget for agencies under the Federal Ministry of Agriculture and Food Security whose officials fail to account for their 2024 budget performance and 2025 projections. The warning on was given on...
Akpabio emphasised the transformative power of budgets in addressing societal inequalities. President of the Senate, Godswill Akpabio, has called for the ₦49.74 trillion 2025 budget to prioritise the welfare of Nigerians, aligning with the Tinubu administration’s vision of a better future. Akpabio made this assertion on Thursday while giving his opening remarks at the stakeholders’ public hearing and interactive session on the 2025 appropriation bill. Akpabio emphasised the transformative power of budgets in addressing societal...
Nwebonyi stormed out angrily, exchanging heated words with House members who jeered at him. A heated exchange unfolded in the National Assembly on Thursday during the 2025 budget defence session which reviewed the Nigeria Police’s previous budget. The session turned chaotic when Inspector General of Police, Kayode Egbetokun, began outlining expenditures for constructing five zonal police headquarters. Egbetokun had barely commenced his presentation when Rep. Mark Esset interrupted, questioning why the details presented by the...
NECO Registrar has been asked to provide proof of 2025 budget implementation as budget defence was stepped down The National Assembly joint committee on basic education on Wednesday expressed concern over the National Examinations Council‘s (NECO) unauthorized use of internally generated revenue (IGR) from the sale of Senior School Certificate Examination (SSCE) registration forms. The issue came to light during a budget defence session at the national assembly complex, where NECO’s Registrar, Prof. Ibrahim Wushishi,...
The House of Representatives as announced the death of its deputy chief whip, Rep. Adewunmi Oriyomi Onanuga The House of Representatives has announced the passing of the Deputy Chief Whip, Rep. Adewunmi Oriyomi Onanuga, who represented the Ikenne/Sagamu/Remo north federal constituency of Ogun State. According to a statement released on Wednesday by the House Spokesperson, Rep. Akin Rotimi Jr., Rep. Onanuga passed away earlier today, January 15, 2025, following a brief illness. The statement reads...
Tensions escalated when Sen. Ningi began to criticise the ministry’s renewed hope housing scheme, questioning its visibility and transparency. The budget defence session of the senate committee on housing and urban development descended into heated bickering on Wednesday as senators clashed over the seeming repeated allocations for mass housing. Tensions escalated when Sen. Abdul Ningi (PDP, Bauchi central) began to criticise the ministry’s renewed hope housing scheme, questioning its visibility and transparency. Earlier, the...
The national assembly also increased the NPA’s target to N1.75 trillion, citing untapped opportunities across its 56 revenue streams. The Nigerian National Petroleum Company Limited (NNPCL) has declared itself the only company in Nigeria that publishes 100 percent of its account statements annually. The Group CEO, Mele Kyari, who revealed this on Wednesday while presenting the company’s budget defence at the national assembly, stressed that they remitted N10 trillion to the federation account by September...
The committee expressed dissatisfaction over N286 million allocated to service Nigeria’s 109 foreign missions The House of Representatives committee on foreign affairs has criticised the federal government’s envelope budgeting system, saying it is not recognised by any law in Nigeria. The committee also expressed dismay over the allocation of a mere N286 million to service Nigeria’s 109 foreign missions, describing the sum as grossly inadequate. Documents submitted by the federal ministry of foreign affairs to...
Four weeks ago, President Bola Tinubu submitted a revised list of nominees for the governing boards of the regional development commissions to the senate for confirmation. The senate has confirmed Mark Okoye and Professor Abdullahi Shehu Ma’aji as Managing Directors and Chief Executive Officers of the South-East Development Commission (SEDC) and North-West Development Commission (NWDC), respectively. These confirmations were announced during Tuesday’s plenary session, presided over by the President of the Senate, Godswill Akpabio. The...
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