The Senate has mandated its Committee on Gas to review upwards and recommend immediately penalties for defaulters of the nation’s gas flaring laws. The legislative move is intended to be a desirable step towards deterring abuses by operators and exploring the opportunities in the gas sub-sector of the hydrocarbon resources to national development advantage The […]
President of the Senate, Senator Ahmad Lawan, has said that the Ninth National Assembly would demand for accountability and transparency in the power sector funding, especially in the application of funds that would be allocated in the 2020 budget. The lawmaker made this remark when the Managing Director of the Niger Delta Power Holding Company, […]
The Senate on Tuesday confirmed 15 out of the sixteen nominees forwarded by President Muhammadu Buhari to the National Assembly for confirmation as board members of the Niger Delta Development Commission (NDDC). The nominees confirmed by the Senate include Dr. Pius Odubu (Edo), Chairman; Bernard Okumagba (Delta), Managing Director; Engr. Otobong Ndem (Akwa-Ibom), Executive Director […]
Auditors General in the country have identified the absence of an enabling law that will guarantee administrative and financial autonomy for the Office of the Auditor-General for the Federation, and enhance its efficiency and effectiveness, as the most critical challenge currently facing audit institutions in the country. The professionals raised this issue at the the […]
President of the Senate, Ahmad Lawan, on Monday said that the Petroleum Industry Bill (PIB) to be introduced by the National Assembly for consideration next year was not aimed at frustrating the operations of International Oil Companies (IOCs) in Nigeria. Lawan made this known when he hosted the French Ambassador to Nigeria, Jerome Pasquier, at […]
Minister of Justice and Attorney-General of the Federation, Abubakar Malami, has disclosed that the Federal Government has formally requested the National Assembly to approve payment of 2.5% commission to those who assisted government in recovering stolen funds from foreign countries. Malami, who gave this hint while defending his ministry’s 2020 budget proposals before the Senate […]
The National Assembly has charged federal Ministries, Departments and Agencies (MDAs) to provide achievable targets that are measurable with timelines for the implementation of the 2020 budget. The President of the Senate, Senator Ahmad Lawan, who gave the charge at the opening session of the two-day Public Hearing on the 2020 Appropriation Bill on Wednesday, […]
The House of Representatives on Monday asked the Accountant-General of the Federation, Ahmed Idris, to reconcile inconsistencies discovered by the Committee on Finance in his office’s budget and resubmit the proposals for deliberations. The chairman, House Committee on Finance, Hon. James Faleke, gave the directive after members of the committee had considered the proposed budget […]
The Accountant-General of the Federation (AGF) Ahmed Idris, on Monday disclosed that the Federal Government had so far saved about N230 billion over the past three years of the implementation of Integrated Payroll and Personnel Information System (IPPIS) in the public service. Idris gave this hint while he was defending his office’s budget before the […]
The 2020 Appropriation Bill on Tuesday scaled second reading on the floor of the Senate. Consequently, upper chamber adjourned its plenary until 29th November to enable government Ministries, Departments and Agencies (MDAs) defend their budget proposals before the Committees of the Senate. The Senate President, Ahmad Lawan, in his concluding remarks during the debate on […]