The Speaker of the House of Representatives, Right Hon. Femi Gbajabiamila, on Monday hinted of moves by the National Assembly to amend the 1999 constitution to ensure justice and fairness to the female gender in the country. The speaker gave this assurance at a ceremony organized by the House to commemorate the International Women’s Day. […]
The Chairman of Federal Inland Revenue Service (FIRS), Mallam Mohammed Nami, has projected that that the agency’s total revenue collection in the 2021 fiscal year would hit N5.900 trillion, representing a 16.22 percent increase over last year’s budget target of N5.076 trillion. Nami , while defending the 2021 budget of the agency before the Senate […]
Delta Governor, Ifeanyi Okowa, on Monday said Nigeria’s hydrocarbon resources industry was losing substantial investments due to delay in the passage of Petroleum Industry Bill (PIB). Okowa made this remark when he received on courtesy visit, the Co-Chairman, National Assembly Joint Committee on Petroleum Industry Bill, Rt. Hon. Mohammed Monguno and members of the committee […]
L- R: Chairman Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, Executive Commissioner, Legal and Enforcement Securities and Exchange Commission, Mr Reginald Karawusa, Director General SEC Mr Lamido Yuguda and CBN Governor Mr Godwin Emefiele during the Joint Session of the Senate Committee on Banking, Insurance and other Financial Institutions, Capital […]
The President of the African Energy Chamber (AEC), NJ Ayuk, on Friday urged the Nigerian Government to fast-track the Legislature’s ongoing deliberations on the Petroleum Industry Bill 2020 and enact it in view of its positive implications for improved investments in the continent’s energy sector. Ayuk, in an opinion article titled ‘Africa needs Pragmatic Free […]
The Senate on Wednesday screened and confirmed Abdulrasheed Bawa as the substantive Chairman of the Economic and Financial Crimes Commission (EFCC). The nominee, who was accompanied by officials of the anti-graft agency and well-wishers, was subsequently interviewed for almost two hours by the lawmakers, who also described his choice by the President as commendable. They […]
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Tuesday stoutly justified its monetary’ policy forbidding crypocurrencies transactions in Nigeria, saying trading in the virtual assets is illegal and has no place in Nigeria’s monetary system. Emefiele, who re-affirmed the apex bank’s policy stance against the virtual currencies when he appeared before […]
The Senate on Wednesday approved the sum of N11,352,457,101.70 as budget for Nigeria Police Trust Fund for the 2020 fiscal year. The approval was sequel to the consideration of the harmonized report of the Senate and House of Representatives Committee on Police Affairs. The implementation of the NPTF 2020 budget would lapse on the 30th […]
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye has lent his voice against cryptocurrencies and virtual assets transactions in Nigeria, describing them as risky for the country. Owasanoye expressed this view before the Senate Committee on Banking, Insurance and Other Financial Institutions during its hearing on the […]
The Senate has commenced legislative processes of plugging revenue wastages associated with foreign medical trips by Nigerians, particularly of top government functionaries, with the consideration of a bill sponsored for the purpose. The bill titled ‘Federal Medical Centres (Establishment) Bill, 2021’ was sponsored by Senator Aishatu Dahiru Ahmed. Leading debate on the bill, the sponsor […]