NASS Archives — City Business News

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 set in the 2024 Appropriation...

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...

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...

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...

October 4, 2024 No Responses

Tinubu Submits Tax Reform Bills To NASS

The Senate has received President Bola Tinubu’s communication seeking consideration and passage of the proposed Fiscal Policy and Tax Reform Bill to align with ongoing financial reforms of the Federal Government and enhance efficiency in tax compliance. The ...

October 8, 2022 No Responses

2023:Buhari Presents N20.5trn Budget To Joint Session Of NASS

President Muhammadu Buhari, accompanied by Vice-President Yemi Osinbajo and other members of the Federal Executive Council on Friday presented the 2023 budget proposal to a joint session of the National Assembly (NASS). Buhari, who addressed the joint se...

February 1, 2022 No Responses

NASS Canvasses Stronger Capital Market Regulation

The Chairman, House Committee on Capital Markets and institutions, Hon. Babangida Ibrahim, has called for strengthening of the regulatory framework of the capital market to attract more investments. Ibrahim made the remarks during a stakeholders meeting ...

October 7, 2021 No Responses

Buhari Presents N16.39tri 2022 Budget Proposal To Joint Session Of NASS

President Muhammadu Buhari has presented the 2022 Appropriation Bill for an aggregate expenditure of N16.39 trillion to the National Assembly. Addressing the joint session of the NASS on Thursday in Abuja, the president described the 2022 Appropriation a...

July 16, 2021 No Responses

NCC, NASS To Determine Electronic Voting Process

The Senate on Thursday passed the Electoral Act Amendment Bill 2021. The passing of the bill followed clause by- clause consideration and adoption of recommendations of report of the Joint Committee on INEC at plenary on Thursday. It amended clause...

June 20, 2021 No Responses

NASS, NEPZA Laud LADOL’s Achievement

By citybusinessnews@yahoo.com — The Senate Committee on Trade, Industry and Investment and the Nigeria Export Processing Zone Agency, NEPZA have commended LADOL’s achievement in turning a disused swamp into a world class industrial Free Zone over t...

December 8, 2019 No Responses

NASS Committee Lauds Lagos-Ibadan Rail Project

Photo Caption: L-R: Managing Director Nigerian Railway Corporation, Mr Fidet Okhiria, Chairman, Senate Committee on Land Transport, Abdul-Fatai Buhari; CCECC Project Coordinator, Mr Xia Lijun, at the inspection of Lagos-Ibadan Standard Rail G...

July 8, 2019 No Responses

Group Tasks National Assembly On Nigerian Railway’s 1955 Legal Status

By Moses Ebosele, ebosele@hotmail.com – A continental railway advocacy group, African Railway Roundtable has challenged the new leadership of Nigeria’s National Assembly to immediately revive and accelerate passage of the bill which seeks to amend the ...