President Bola Tinubu on Wednesday presented an Appropriation Bill of N27.5 trillion for fiscal 2024 to the National Assembly for passage. Presenting the proposed budget tagged “Budget of Renewed Hope” to the joint session of the National Assembly, the President explained that the key thrusts of the fiscal proposal were national defence, internal security, job […]
The Nigerian Senate on Wednesday formally commenced the process of amending the Cybercrime Act 2015 as part of ongoing collective efforts to improve the security of the nation’s cyber space for information sharing across the broad spectrum of the nation fast-evolving digital economy. Speaking at the one-day public hearing on the Cybercrime (Prohibition and Prevention) […]
The Senate on Wednesday approved the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) presented by President Bola Tinubu to it for consideration. The approval of the fiscal documents followed the adoption of the report of its Joint Committee on Finance, Appropriation, National Planning, Local and Foreign Debts at plenary. During the […]
The Office of the Accountant General of the Federation (OAGF) has hinted of its current efforts on the drafting of a Bill that will give legal backing to the Public Finance Management (PFM) Reform initiatives and the operations of the Treasury of the Federation. The Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein, who […]
The Senate on Thursday confirmed the appointment of Dr. Aminu Maida as the Executive Vice Chairman of the Nigerian Communication Commission, (NCC). The Chairman of the Senate Committee on Communications, and former Minister of Communications, Senator Ikra Aliyu Bilbis, who submitted the report urged the Senate to consider the request of President Bola Tinubu for […]
President Bola Tinubu on Wednesday signed the N2.17 trillion 2023 supplementary budget. The signing of the Supplementary Appropriation proposal by the President followed its passage by both chambers of the National Assembly last week. The proposal, which was approved by the National Assembly, has now effectively become a law, making it possible for the federal […]
The Senate on Monday convened an emergency plenary session to adopt the vote and proceedings of the last plenary, held last Thursday as they related to the new fiscal and electoral officers requests by President Bola Tinubu for its consideration. Specifically, the emergency plenary was convened to gazette the confirmation of the ten resident electoral commissioners […]
….Sends Bill To Appropriation Committee For Action In line with President Bola Tinubu’s plea in a letter on the 2023 Supplementary Budget sent to the Senate on Wednesday, the lawmakers in the Red Chamber swiftly passed the N2.18 trillion supplementary budget for the 2023 fiscal year through . The supplementary budget bill, which was […]
President Bola Tinubu on Wednesday sought the Senate’s processing of a loan facility of $7,864,508,559 and €100 million earlier requested during the immediate past Muhammadu Buhari-led administration under the 2022 – 2024 external borrowing plan. The President conveyed the request to the Red Chamber of the National Assembly through a letter he addressed to the […]
The Senate on Tuesday confirmed the nomination of Dr. Zacch Adedeji as the Chairman of the Federal Inland Revenue Service (FIRS). Adedeji, who appeared at the upper chamber for screening elaborately spoke on his plans to improve the nation’s revenue, referring to the dearth of information in the oil and gas sector. While lamenting the […]