Kogi Secures National Assembly Approval For $100m Loan

Kogi Secures National Assembly Approval For $100m Loan

The Kogi State government secured the approval of the National Assembly to obtain a foreign loan of $100 million (N36 billion).The state Commissioner for Information and Communication, Mr Kingsley Fanwo, confirmed this to Journalists in Lokoja on Thursday.Àccording to him,...
read more
Reps Approve N346.3b NDDC 2019 Budget

Reps Approve N346.3b NDDC 2019 Budget

The House of  Representatives has passed the 2019 Appropriation bill of N346.388 billion for the Niger Delta Development Commission (NDDC), for its 2019 operations.This was sequel to a unanimous adoption of a report on the bill by the NDDC Chairman,...
read more
Coronavirus: Lufthansa Cuts Capacity By 150 Planes

Coronavirus: Lufthansa Cuts Capacity By 150 Planes

German airline Lufthansa, on Wednesday said it would be cutting its capacity by the equivalent of 150 passenger planes in the face of plummeting demand due to the coronavirus epidemic.Lufthansa’s Frankfurt Head Office said it would make the cuts to...
read more
South-West Development Commission Bill Scales Second Reading In Senate

South-West Development Commission Bill Scales Second Reading In Senate

A bill seeking to establish the South-West Development Commission on Wednesday scaled second reading in the Senate.The bill, which was sponsored by Senator Ibikunle Amosun (APC – Ogun Central), “is an attempt to address the dwindling fortunes of the South....
read more
Lawan: Agriculture, A Viable Means For Job Creation

Lawan: Agriculture, A Viable Means For Job Creation

President of the Senate, Ahmad Lawan, has said agriculture remains a viable means for employment creation in Nigeria.According to him, substantial investment in the sector by the Federal Government would guarantee food security for the country.Lawan stated thi...
read more
National Assembly Committee Backs Deep Blue Project

National Assembly Committee Backs Deep Blue Project

The Integrated Security and Waterways Protection Infrastructure, commonly called the Deep Blue Project, received rave reviews on Tuesday from members of the House of Representatives Committee on Maritime Safety, Education and Administration during an oversight...
read more
Nigeria Proposes Bill To Ban Plastics

Nigeria Proposes Bill To Ban Plastics

The National Assembly and the Federal Ministry of Environment are putting the finishing touches to a bill meant to prohibit the production of plastics, which pollute the environment.  A member of the Senate Committee on Marine Transport, Senator Tolulope ...
read more
2020: Senate Passes N238.15b Budget For Customs

2020: Senate Passes N238.15b Budget For Customs

The Senate on Tuesday approved the sum of Two hundred and thirty-eight billion, One hundred and forty-nine million, Three hundred and Twenty-five thousand, Eight hundred and thirty-two Naira Seventy kobo (N238,149,325,832.70) for the Nigeria Customs Service fo...
read more
Refineries: Senate Probes NNPC Over $396m Spent On  Maintenance

Refineries: Senate Probes NNPC Over $396m Spent On Maintenance

The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on Turn-Around Maintenance of refineries in the country between 2013 and 2015.Accordingly, the Upper Chamber mandated the Committe...
read more
Senate Probes N20trn Unremitted Stamp Duties From Banks, Financial Institutions

Senate Probes N20trn Unremitted Stamp Duties From Banks, Financial Institutions

The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20 trillion into the Federation Account by Central Bank of Nigeria, an amount collected as stamp duties from Banks and Financial Institutions in the country.  The....
read more
Senate Passes 2020 Appropriation Bill, Raises Budget To N10.594Tri

Senate Passes 2020 Appropriation Bill, Raises Budget To N10.594Tri

The Senate, on Thursday at plenary, passed the 2020 budget of N10.594 trillion as against N10.33 trillion presented by President Muhammadu Buhari on Oct. 8.The passage followed the consideration and adoption of the report of Senate Committee on Appropriation.T...
read more
NPA Photo News

NPA Photo News

The Managing Director,  Nigerian Ports Authority (NPA), Hadiza Bala Usman (2nd from left), the Senate President of Nigeria, Senator Ahmed Lawan (3rd from left), the Executive Director, Engineering. & Tech Services, Prof. Idris Abubakar (left). The Exe...
read more
Buhari Seeks N’Assembly’s Approval For N10.06bn Refund To Kogi

Buhari Seeks N’Assembly’s Approval For N10.06bn Refund To Kogi

The Senate on Tuesday received a request from President Muhammadu Buhari for an approval to pay Kogi State Government N10.069 billion being refund of money spent by the state on behalf of Federal government. The request was contained in a letter...
read more
Nigerian Senate Revisits Bill To Establish N’Assembly Budget Office

Nigerian Senate Revisits Bill To Establish N’Assembly Budget Office

The Senate on Thursday reintroduced a bill seeking to establish the National Assembly Budget and Research Office (NABRO).The bill, which was passed by the 8th Senate on May 3, 2019, however, failed to receive assent by President Muhammadu Buhari.The move...
read more