Banking Economy News Extra Latest News National Assembly

Senate Moves To Recover N16Trn AMCON Loans

The Senate on Tuesday considered a bill seeking to empower the Asset Management Corporation of Nigeria (AMCON) on assets recovery and strengthen it against economic sabotage by debtors with unpaid loans to the tune of about N16 trillion. Specifically, the AMCON Amendment Bill 2021, which scaled second reading on the floor, was sponsored by Senator […]

Budgeting Economy News Extra Latest News National Assembly Revenue Taxation

Senate Begins Deliberations On 2020 Appropriation Bill

The Senate on Wednesday commenced debate on the N10.33 trillion Appropriation Bill 2020 presented by President Muhammadu Buhari a day earlier to the National Assembly. The proposed budget elicited comments from the lawmakers on its different aspects, particularly the revenue projections and their feasibility as well as the capital budget figures. Some of the lawmakers […]