[su_dropcap]L[/su_dropcap]ike President Muhammadu Buhari, many members of the National Assembly, including some principal officers, are demanding from the leadership of the national legislature, details of the 2016 budget just approved, The Nation report. President Buhari is insisting on seeing the details approved by the National Assembly before appending his signature to the budget. However, it […]
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[su_dropcap]T[/su_dropcap]HE Senate and the House of Representatives on Wednesday passed the 2016 budget of N6.060tn at separate sessions held in their respective chambers. This showed a reduction of about N17bn from the adjusted figure of N6.077tn, which President Muhammadu Buhari presented to the National Assembly, Punchng report. The 2016 Appropriation Bill passed third reading in both […]
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The House of Representatives on Thursday began an investigation into the alleged ‘secret’ recruitment of 909 employees by the Central Bank of Nigeria. The controversial recruitment was reportedly carried out by the apex bank on the directive of the Governor, Mr. Godwin Emefiele, with a reasonable number of the beneficiaries being children and relatives of […]
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THE House Representatives Committee on Crude Oil Swap yesterday invited the former Minister of Petroleum Resources, Mrs. Alison-Madueke to appear before it to “make clarifications” in the crude oil swap arrangement in which Nigeria lost billions of naira. In a February 22 letter by the chairman Zakari Mohammed, the former minister is to appear next […]
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FEDERAL Capital Territory (FCT) 2015/2016 budget presentation at the House of Representatives Committee on Federal Capital Territory (FCT) ended unceremoniously over unsatisfactory disbursement of funds for some projects. The Committee has also declared to investigate the diversion of N1.5b meant for compensation and resettlement of indigenes affected by the Centenary village project. At the continuation […]
Read More SENATE and the House of Representatives on Saturday said they would go ahead with the purchase of exotics for its members. Members of both chambers of the National Assembly, who spoke to our correspondent separately, stated that lawmakers needed the vehicles to function efficiently. The Senate plans to procure cars worth about N4.7bn, the House […]
Read More THE House of Representatives committee on Banking and Currency, has accused the Central Bank of Nigeria (CBN), over what it described as granting undue protection the commercial banks at the expense of the nation’s economy. Chairman of the committee, Hon. Jones Onyereri, who made the remarks during an oversight function visit to CBN Headquarters in […]
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NIGERIA National Assembly is expected to pass the 2016 Appropriation Bill on February 25. The House of Representatives also said on Wednesday that the N6.07tn proposed by the executive as the total size of the budget would be retained and passed. According to Punchng, The Chairman, House Committee on Appropriation, Mr. Abdulmumin Jibrin, said in […]
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