Category: National Assembly

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 the...
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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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Senate Rejects ₦8.9bn 2025 Budget For Information Ministry
January 15, 2025 No Responses

Senate Rejects ₦8.9bn 2025 Budget For Information Ministry

The Senate Committee on Information and National Orientation has rejected the ₦8.9 billion allocation in the 2025 budget proposal to the Federal Ministry of Information and National Orientation, describing it as inadequate. The Chairman of the Committee, Sen...
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NASS Faults JAMB’s 2024 Budget Spending
January 14, 2025 No Responses

NASS Faults JAMB’s 2024 Budget Spending

The Senate and House of Representatives have resolved to remove the Joint Admissions and Matriculation Board (JAMB) from the Federal Government’s 2025 budget grant, citing concerns over the board’s financial management. Lawmakers argued on Monday that it i...
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Tinubu’s 2025 Budget Speech To NASS
December 19, 2024 No Responses

Tinubu’s 2025 Budget Speech To NASS

In fulfilment of one of my constitutional duties and with unyielding commitment to rebuilding Nigeria towards ensuring that we remain steadfast on the journey to a prosperous future, I hereby present the 2025 Budget to the Joint Session of the...
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Reps Probe FG’s Undelivered 2,000 Tractors
December 18, 2024 No Responses

Reps Probe FG’s Undelivered 2,000 Tractors

The House of Representatives on Tuesday resolved to investigate the non-delivery of the Federal Government’s 2,000 tractors, 100 combined harvesters and other agricultural implements under the renewed hope agenda of President Bola Tinubu. In November 2023, t...
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2025: FEC Approves N47.9tri Budget 
December 17, 2024 No Responses

2025: FEC Approves N47.9tri Budget 

The Federal Executive Council has given final approval to the 2025 budget to be presented by President Bola Tinubu. Speaking to State House correspondent shortly after the FEC meeting chaired by President Tinubu at the Presidential Villa on Monday, the Mi...
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Senate Probes FCT Demolitions
December 13, 2024 No Responses

Senate Probes FCT Demolitions

The Senate on Thursday raised an investigative committee to probe recent demolitions in the Federal Capital Territory (FCT).  The committee will also invite the FCT Minister, Nyesom Wike, to appear before it to explain the reasons behind the demolitions, ...
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Reps Probe Customs Over Alleged Smuggling
December 12, 2024 No Responses

Reps Probe Customs Over Alleged Smuggling

The House of Representatives has resolved to investigate alleged smuggling activities by personnel of the Nigeria Customs Service (NCS). The House took the decision at a plenary session on Wednesday following the adoption of a motion of urgent public importanc...
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NADDC, Senators Tour Mikano Auto Plant
December 12, 2024 No Responses

NADDC, Senators Tour Mikano Auto Plant

The Director General, National Automotive Design and Development Council (NADDC), Joseph Osanipin, on Tuesday led the Vice Chairman and Members of the Senate Committee on Industry to Mikano International Limited Facility in Lagos State for an oversight visit.&...
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Tax Reform Bills: Reps Southern Caucus Backs Tinubu
December 11, 2024 No Responses

Tax Reform Bills: Reps Southern Caucus Backs Tinubu

Members of the Southern Caucus of the House of Representatives on Tuesday expressed support for President Bola Tinubu’s tax reform bills. The lawmakers who briefed journalists on Tuesday after a meeting the residence of the Deputy Speaker, Benjamin Kalu. The...
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South-South Senators Back Tax Reform Bills
December 6, 2024 No Responses

South-South Senators Back Tax Reform Bills

The lawmakers under the aegis of the South-South Senators’ Forum stressed the importance of tax reforms in boosting national revenue and fostering economic stability. The bills are the Joint Revenue Board of Nigeria (Establishment) Bill, 2024 -SB.583; the Ni...
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Senate Passes Investments, Securities Bill 2024
December 4, 2024 No Responses

Senate Passes Investments, Securities Bill 2024

 In a major boost to the operations of the Securities and Exchange Commission(SEC) and the Nigerian capital market, the Senate  has passed the Investments and Securities Bill 2024.The Investments and Securities Bill, meant to repeal the Securities and Exch...
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Reps Pass 2025-2027 Medium-Term Framework 
November 28, 2024 No Responses

Reps Pass 2025-2027 Medium-Term Framework 

The House of Representatives has passed the Medium-Term Expenditure Framework & Fiscal Strategy Paper for 2025-2027. In passing the MTEF, the Committees on Finance, Petroleum Upstream, and Petroleum Downstream were tasked to investigate reports from t...
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