Senate Archives — Page 2 of 5 — City Business News

February 24, 2022 No Responses

Senate Approves Establishment Of Maritime Security Trust Fund

The Senate has passed a bill seeking to establish the Nigerian Maritime Security Trust Fund. The passage of the bill followed the adoption of the report of Senate Conference Committee on the Nigerian Maritime Security Trust Fund (Establishment) Bill, 202...

February 16, 2022 No Responses

Senate Passes Act To Empower AIB-N Investigate Maritime, Rail Accidents

By ebosele@hotmail.com — The Senate on Tuesday passed the bill for the Act to provide for the establishment of Nigerian Safety Investigation Bureau (NSIB), a multimodal accident investigation agency, coming about a month after the House of Repres...

December 8, 2021 No Responses

Customs Bill On Electronic Transactions Scales 2nd Reading In Senate

A bill to empower Nigeria Customs Service (NCS) to carry out electronic transactions scaled second reading in Senate on Tuesday. This followed the presentation of the lead debate on the general principles of the bill by the sponsor, Sen. Francis...

November 9, 2021 No Responses

Senate Tasks I-G On Missing Journalist

The Senate has charged the Inspector-General of Police (I-G) Alkali Baba to investigate the circumstances leading to the disappearance of Mr Tordue Salem, an Abuja based vanguard journalist. This followed the adoption of a point of order by Sen.Orker-Jev...

September 27, 2021 No Responses

Senate Receives Report On $5.792b Mambila Power Projects

The Senate Committee on Local Content on Monday received the report of the Financial Sub-Committee of the Mambila Hydro-Electric Power Projects (HEPP). The Chairman of the Committee, Sen. Teslim Folarin, received the report in Abuja as presented by Mr Mu...

June 4, 2021 No Responses

Senate Reinforces Legal Status for National Emergency Number 112

Nigeria’s upper legislative chamber, The Senate, has taken further steps towards strengthening the legal status for the country’s National Emergency Number 112, being implemented by the Nigerian Communications Commission (NCC) though it’s Emergency Commu...

April 22, 2021 No Responses

Senate Approves Buhari’s $1.5b, €995m External Loan Requests

The Senate on Wednesday approved $1.5billion and €995million external loan requests From President Mohammadu Buhari. The approval was sequel to the consideration of the report of the Senate Committee on Local and Foreign Debts presented by its Chairman...

February 25, 2021 No Responses

Senate Committee Assures NDDC Of Support, Collaboration

The Chairman, Senate Committee on Niger Delta Affairs, Senator Peter Nwaoboshi, (middle) speaking during the oversight visit of the Senate Committee at the NDDC permanent headquarters in Port Harcourt.First right is the NDDC Interim Administrator, MrEfiongAkwa...

December 22, 2020 No Responses

Senate Passes N453.2b NDDC 2020 Budget

The Senate has passed the 2020 N453.2 billion budget for Niger Delta Development Commission (NDDC). This followed the adoption of the report of the Senate Committee on Niger Delta during plenary on Monday.Presenting the report, Sen. Bulus Amos,Vice Chair...

August 27, 2020 No Responses

Senate Tasks Accountant General On Payment Of $18b Dividend To NNPC

The Joint Senate Committee on Finance and National Planning has asked the Office of Account General of the Federation (OAGF) to investigate the payment of 18 billion dollars by Nigerian Liquefied Natural Gas (NLNG) to the Nigerian National Petroleum Corporatio...

August 21, 2020 No Responses

Senate Queries DPR Over N44.5b Remittance, N2.4trillion Revenue

Representatives of Department of Petroleum Resources (DPR) were queried by the Senate on Friday for remitting only N44. 5 billion into the Consolidated Revenue Fund in 2019 out of N2.4 trillion generated. This is as heads of many of...

June 22, 2020 No Responses

Buhari Meets Senate President On Insecurity, APC Crisis

President Muhammadu Buhari on Sunday in Abuja met with Senate President Ahmad Lawan. They deliberated on the nation’s security situation as well as the crisis in the ruling party, All Progressives Congress (APC). Speaking to State House correspondents after ...

June 11, 2020 No Responses

Senate Confirms Lamido Yuguda As New SEC DG

President of the Senate, Ahmad Lawan, has tasked the Securities and Exchange Commission (SEC) to ensure efficiency in the discharge of its duties so as to attract local and foreign investments to the country. The Senate President gave the charge...