Reps Archives — City Business News

March 2, 2024 No Responses

Reps Invites NNPCL, NPA, NIMASA, FAAN, Others Over Concessions

The House of Representatives has invited Chief Executive Officers of the Nigerian National Petroleum Company (NNPC) Ltd and the Nigerian Port Authority (NPA) to discuss the oversight of Public-Private Partnerships (PPPs) and concessions dating back to 1999. The joint Committee...

May 3, 2023 No Responses

Reps Suspend $700m Cabotage Fund Disbursement

The House of Representatives has advised the federal government to suspend the planned disbursement of the $700 million in the Cabotage Vessel Finance Fund to Nigerian shippers. The House, in a motion moved by Henry Nwawuba (APGA, Imo) on Tuesday...

November 10, 2022 No Responses

Reps probe 115 MDAs Over Alleged N600b Extra-Budgetary Expenditures

The House of Representatives Committee on Public Accounts (PAC) has commenced a probe of how 115 Ministries, Departments and Agencies (MDAs) of Government incurred over N600billion extra-budgetary expenditures on Salary and wages. The Chairman of the commi...

July 27, 2022 No Responses

Reps Amend CBN Act To Stop Governor From Partisan Politics

The House of Representatives has passed a bill after the second reading to stop the Governor of the Central Bank of Nigeria (CBN) from participating in future elections in the country. Rep. Sada Soli, the sponsor of the Bill at...

April 22, 2022 No Responses

Reps Panel Summons Sylva, Kyari, Others Over State Of Refineries

The House of Representatives Ad hoc Committee investigating the state of refineries in Nigeria has issued a 7-day ultimatum to the Minister of State for Petroleum to appear before the committee. The Chairman of the committee, Ganiyu Abiodun (APC-Lag...

February 15, 2022 No Responses

Reps Set N3.01tri Revenue Target For Customs

The House of Representatives Committee on Customs and Excise has set the sum of N3.01trillion as the 2022 revenue target for the Nigeria Customs Service (NCS). The committee also approved N369 billion as the 2022 budget for the service. Chairman,.....

September 1, 2021 No Responses

Reps Give Customs Two Weeks To Reduce 18 Cargo Clearing Stages

The House of Representatives Committee on Customs has given the Nigerian Customs Service (NCS) two weeks to reduce its 18 cargo clearing stages to four, so as to decongest the nation’s ports. The committee, which made the resolution on Tuesday,...

November 24, 2020 No Responses

Reps C’ttee Seeks N50b Bailout For Airlines

The Nigerian House of Representatives Committee on Aviation has called for N50billion bailout for airlines in Nigeria as part of measures to prevent the industry from total collapse. Briefing Journalists on Monday, the Chairman of the committee,&nb...