The House of Representatives Committee on Power on Wednesday described as illegal President Muhammadu Buhari’s directive that the Nigeria Bulk Electricity Trading Company, NBET should become an agency under the Ministry of Finance. The Chairman of the House Committee on Power, Hon. Magaji D’au Aliyu, pointed out during the 2021 budget defence session at the […]
The House of Representatives on Wednesday approved the Medium Term Expenditure Framework (MTEF), the Fiscal Strategy Paper (FSP), and put the total government’s proposed expenditure for the fiscal year at N13.08 trillion The approval of the proposed budget by the lawmakers was sequel to the unanimous adoption of a report presented by the Chairman, House […]
The House of Representatives on Tuesday concurred passed the Offshore and Inland Basin Production Sharing Contract Act 2014 amendment Bill, thereby concurring with the upper chamber’s earlier stance on the provisions. Specifically, following the second and third readings of the bill during plenary, the lawmakers amended Section 5 of the principal Act, which now reads: […]