Category: National Assembly

Senate, SEC To Hold Summit On Municipal Bonds, Sukuk
August 18, 2025 No Responses

Senate, SEC To Hold Summit On Municipal Bonds, Sukuk

The Senate Committee on Capital Markets and Institutions in collaboration with the Securities and Exchange Commission is set to hold a national stakeholders summit on Municipal Bonds and Sukuk for Local Government Infrastructural Development in Uyo, Akwa Ibon State from...
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Reps Probe ₦1.06tri NG-CARES Social Intervention Programme
August 14, 2025 No Responses

Reps Probe ₦1.06tri NG-CARES Social Intervention Programme

The House of Representatives Committee on NG-CARES, on Wednesday, began an investigation into the implementation of the $696 million (₦1.06trillion) Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) social intervention programme of the...
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Tinubu’s Democracy Day Address At Joint Session Of The National Assembly
June 13, 2025 No Responses

Tinubu’s Democracy Day Address At Joint Session Of The National Assembly

President Bola Ahmed Tinubu on the 12th June, 2025 delivered an address at the joint session of the National Assembly in commemoration of Democracy Day. Protocol: With profound honour, I stand before this joint session of our National Assembly; a...
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Senate Passes Two Tax Reform Bills
May 8, 2025 No Responses

Senate Passes Two Tax Reform Bills

The Senate has passed two out of four major tax reform bills, marking a significant milestone in the ongoing overhaul of the nation’s tax administration framework. The two bills, one seeking to repeal the Federal Inland Revenue Service (Establishment) Act...
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Reps Committee Lauds Apapa Customs Command On Improved Revenue, Trade Facilitation
April 13, 2025 No Responses

Reps Committee Lauds Apapa Customs Command On Improved Revenue, Trade Facilitation

The House of Representatives Committee on Customs and Excise has praised the Nigeria Customs Service (NCS), Apapa Area Command for its outstanding revenue generation and trade facilitation performance, while assuring of legislative intervention to tackle opera...
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Federal Character: Senate Probes NNPC, NAFDAC, NUPRC, Others
March 26, 2025 No Responses

Federal Character: Senate Probes NNPC, NAFDAC, NUPRC, Others

The Senate has directed its Committee on Federal Character and Inter-Governmental Affairs to conduct a thorough investigation hearing into all Ministries, Departments, and Agencies (MDAs) to determine their level of compliance with Sections 14(3) and 14(4) of ...
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Reps To Probe Conditional Cash Transfer
March 20, 2025 No Responses

Reps To Probe Conditional Cash Transfer

The House of Representatives has resolved to investigate the conditional cash transfer programme of the Federal Government. Honourable Abass Adigun who moved the motion reminded the House that in order to ensure effective and efficient delivery of the programm...
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N30tri Ways And Means: Senate Accuses CBN Of Obstructing Probe  
February 26, 2025 No Responses

N30tri Ways And Means: Senate Accuses CBN Of Obstructing Probe  

The Senate Ad-hoc Committee on Ways and Means Advance has accused the Central Bank of Nigeria (CBN) of frustrating its investigation into the N30 trillion Ways and Means Advance and the Anchor Borrowers’ programme under former President Muhammadu Buhari’s ...
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Senate Corrects Errors In 2025 Appropriations Bill
February 19, 2025 No Responses

Senate Corrects Errors In 2025 Appropriations Bill

The Senate has identified and corrected errors in the 2025 Appropriations Bill, which was passed by both the Senate and the House of Representatives last Thursday. The discrepancies were discovered during the final cleaning and realignment process by the Joint...
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NASS Passes ₦54.99tri 2025 Budget
February 14, 2025 No Responses

NASS Passes ₦54.99tri 2025 Budget

The National Assembly on Thursday passed the ₦54.99trn 2025 Appropriation Bill. The bill was passed separately by the Senate and the House of Representatives. A breakdown of the budget showed N3.645trn for statutory transfers, N14.317trn for debt servicing, ...
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Senate Probes Oil Spill In Rivers
February 7, 2025 No Responses

Senate Probes Oil Spill In Rivers

The Senate has directed an urgent investigation into the cause of a recent fire outbreak and oil spill from Manifold Well 8/ Bug 008 in OML 18, Buguma area of Rivers State. This followed a motion raised by Senator Harry...
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Senate Rejects Securities Tribunal’s 2025 Budget
January 24, 2025 No Responses

Senate Rejects Securities Tribunal’s 2025 Budget

The Senate Committee on Capital Market has rejected the 2025 budget proposal of the Investments and Securities Tribunal (IST) owing to discrepancies and errors in the figures and items presented. The decision was made on Thursday during the tribunal’s budget...
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NPA: NASS Raises 2025 Revenue Target To ₦1.7tri  
January 16, 2025 No Responses

NPA: NASS Raises 2025 Revenue Target To ₦1.7tri  

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Wednesday disclosed that the agency generated N753 billion in 2024. The NPA boss who stated this during a presentation on NPA’s 2024 revenue performance and 2025 projections to ...
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NASS Raises FIRS 2025 Revenue Target To ₦25tri
January 16, 2025 No Responses

NASS Raises FIRS 2025 Revenue Target To ₦25tri

The National Assembly has raised the revenue target for the Federal Inland Revenue Service (FIRS) following revelations by Executive Chairman, Zacch Adedeji, that it had surpassed its 2024 revenue collection target, exceeding the ₦19.4 trillion target s...
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