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FG To Sustain Fuel Subsidy Regime Until June 2023

Minister of State for Petroleum Resources, Timipre Sylva, on Tuesday clarified that the Federal Government would extend the fuel subsidy regime to July 2023, pending when amendments in the Petroleum Industry Act will be forwarded to the National Assembly and subsequently signed by the President The minister gave this hint while interacting with State House […]

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BudgIT Slams National Assembly For Budget Padding, Corruption Loopholes

BudgIT, a civic-tech organization leading the advocacy for transparency and accountability in Nigeria’s public finance system, has called on the citizens, CSOs, private sector, and the international community to urgently prevail on the National Assembly and Presidency to urgently amend and eliminate all loopholes in FG’s 2022 Approved  Budget. The civil advocacy organisation reported that […]

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Senate Confirms Buhari’s Nominees For NDIC Top Jobs

The Senate today confirmed the nomination of Messrs Bello Hassan and Mustapha Mohammed Ibrahim as Managing Director/Chief Executive and Executive Director (Operations) of the Nigeria Deposit Insurance Corporation (NDIC) respectively. Presenting the report on screening of the nominees to the Plenary, Chairman of Senate Committee on Banking, Insurance and Other Financial Institutions, Sen. Uba Sani, […]

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Senate Approves Buhari’s N148.14bn Refund Request To Five States

The Senate on Tuesday approved President Muhammadu Buhari’s request for a refund of N148,141,969,161.24 to Rivers, Bayelsa, Cross River, Osun and Ondo State Governments for projects executed on behalf of the Federal Government. The approval was sequel to the consideration of a report the Senator Clifford Ordia-led Committee on Local and Foreign Debts. Ordia, during […]

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NASS Tasks MDAs On Measurable Targets For Budget 2020

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, […]

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Senate Urges Executive On Timely Submission of 2020 Appropriation Bill

The President of the Senate, Senator Ahmad Lawan said on Friday that the National Assembly was eager to receive the 2020 budget proposals to enable the legislature provide adequate time to work on the bill and pass it for enactment Lawan was quoted by his Special Adviser on Media, Mr. Ola Awoniyi, as making the […]