Category: National Assembly

Senate Passes N5.079trn 2024 Customs Budget
February 16, 2024 No Responses

Senate Passes N5.079trn 2024 Customs Budget

The Senate on Thursday, February 15, passed the sum of N5.079 trillion as the 2024 budget for the Nigeria Customs Service (NCS). The approval followed the adoption of recommendations of the Senate Committee on Customs, Excise, and Tariffs at plenary....
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Reps Probe N6.57trillion Allocation To States, LGAs In 2023
February 14, 2024 No Responses

Reps Probe N6.57trillion Allocation To States, LGAs In 2023

The House of Representatives has urged its Committees on Special Duties, National Planning, and Economic Development to investigate the utilization of increased allocations disbursed to state governments by the Federal Account Allocation Committee (FAAC). This...
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Senate Reiterates Commitment To Capital Market-Driven Reforms
February 7, 2024 No Responses

Senate Reiterates Commitment To Capital Market-Driven Reforms

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Reps Committee Approves N706.67b As NCS 2024 Budget
February 1, 2024 No Responses

Reps Committee Approves N706.67b As NCS 2024 Budget

The House of Representatives Committee on Customs and Excise has approved N706.67 billion as the Nigerian Customs Service (NCS) budget for its 2024 operations. Rep. Leke Abejide (ADC-Kogi), the Chairman of the Committee, stated this after a budget defence sess...
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Reps Grills Customs Over Non-Submission Of Three Years Financial Statement
January 31, 2024 No Responses

Reps Grills Customs Over Non-Submission Of Three Years Financial Statement

The House of Representatives Public Accounts Committee on Tuesday grilled the officials of the Nigerian Customs Services over the non-submission of audited financial statements for the 2016, 2017, and 2018 financial years to the Auditor General of the Federati...
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FG, States, LGs Share N1.1trillion 
January 24, 2024 No Responses

FG, States, LGs Share N1.1trillion 

The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account All...
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National Assembly Passes N28.7trillion 2024 Budget
December 31, 2023 No Responses

National Assembly Passes N28.7trillion 2024 Budget

The National Assembly on Saturday passed the 2024 Appropriation Bill, increasing the sum to ₦28.7 trillion from the initial ₦27.5 trillion presented by President Bola Tinubu late November.  The lawmakers in the Senate and the House of Representatives ...
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Budget: Nigeria Targets 3.76% Economic Growth In 2024
November 29, 2023 No Responses

Budget: Nigeria Targets 3.76% Economic Growth In 2024

President of Nigeria, Bola Tinubu on Wednesday said his administration is targeting a 3.76 per cent economic growth in the 2024 fiscal year. This was as he spotlighted national security, local job creation and poverty reduction as the top priorities...
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FEC Approves N27.50trillion Budget For 2024
November 28, 2023 No Responses

FEC Approves N27.50trillion Budget For 2024

The Federal Executive Council (FEC) has approved the 2024 appropriation bill of N27.50 trillion, with a N1.5 trillion increase from the earlier estimated bill. The government had proposed N26.2 trillion but reviewed the Medium Term Expenditure Framew...
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NIMASA Act Amendment Bill Passes First Reading
October 13, 2023 No Responses

NIMASA Act Amendment Bill Passes First Reading

The bill to amend the Nigerian Maritime Administration and Safety Agency NIMASA Act has passed the first reading on the Floor of the Nigerian Senate.  Chairman Senate Committee on Marine Transport, Senator Wasiu Sanni Eshinlokun, who announced this during...
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Wike, El-Rufai, Umahi,  Others Make Ministerial List 
July 27, 2023 No Responses

Wike, El-Rufai, Umahi,  Others Make Ministerial List 

President Bola Tinubu through his Chief of Staff, Femi Gbajabiamila, on Thursday presented ministerial list before the Senate.  Gbajabiamila presented the list to Senate President Godswill Akpabio at exactly 01:19 pm.  Akpabio thereafter read the m...
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Sanwo-Olu Congratulates Akpabio, Others
June 14, 2023 No Responses

Sanwo-Olu Congratulates Akpabio, Others

The Governor of Lagos State,  Babajide Sanwo-Olu, has congratulated the former Minister of Niger Delta and ex-Governor of Akwa Ibom State, Senator Godswill Akpabio, on his election as President of the Senate and Senator Barau Jibrin as the Deputy Sen...
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Reps Minority Caucus Lauds CBN For Extending Deadline On Old Notes 
January 30, 2023 No Responses

Reps Minority Caucus Lauds CBN For Extending Deadline On Old Notes 

The House of Representatives Minority Caucus has commended the Central Bank of Nigeria (CBN) for extending the deadline for swapping of the old naira notes.A statement issued by Rep. Ndudi Elumelu (PDP-Delta), the House Minority Leader on Sunday described the....
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Buhari Seeks Senate’s Confirmation Of Ex-I-G Arase As Chairman PSC
January 24, 2023 No Responses

Buhari Seeks Senate’s Confirmation Of Ex-I-G Arase As Chairman PSC

President Muhammadu Buhari has written the Senate seeking the confirmation of the appointment of former Inspector-General (I-G) of Police Solomon Arase (retd), as Chairman, Police Service Commission (PSC).  The request is contained in a letter addressed t...
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