Senate Archives — Page 3 of 5 — City Business News

March 2, 2020 No Responses

Senate To Facilitate Return Of SON To Seaports

The Senate Committee on Industries has restated its commitment to return the Standards Organisation of Nigeria (SON) officials to the nation’s seaports. The Chairman, Senate Committee on Industries, Sen. Bayo Osinowo, in a statement expressed displeasure at the absence of...

February 5, 2020 No Responses

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...

January 30, 2020 No Responses

Senate To Buhari: Declare National Security Emergency

The Senate has urged President Muhammadu Buhari to as a matter of urgency declare a National Security Emergency to address the escalating challenges of insecurity faced by the country. The call was made moments before the upper chamber adjourned plenary...

December 19, 2019 No Responses

Senate Confirms Nami, 13 Others As FIRS Board Members

The Senate on Wednesday confirmed the nomination of Muhammad Nami as the Executive Chairman, Federal Inland Revenue Services (FIRS) and 13 others as board members. The confirmation of followed a report of the Committee on Finance and consideration of same...

December 11, 2019 No Responses

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....

December 5, 2019 No Responses

Senate Summons NIMASA DG Over N263.89b Security Contract

The Senate Joint Committee on Navy, Marine Transport and Finance on Wednesday, asked the Director-General, Nigeria Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, to appear before it unfailingly on Thursday. The committee is investigating...

November 27, 2019 No Responses

Senate Seeks Speedy Completion Of Ajaokuta-Otukpo Rail Line

The Nigerian Senate has urged the Federal Ministry of Transportation to immediately take steps to ensure completion of the construction of the Ajaokuta-Otukpo rail line. The upper chamber also advised the Ministry to incorporate construction of siding ra...

November 27, 2019 No Responses

Senate To Ministry: Upgrade Ibadan Airport To International

The Nigerian Senate on Tuesday urged the Federal Ministry of Aviation and relevant authorities to upgrade the Ibadan domestic Airport to the status of an International Airport. The call was made sequel to the consideration of a motion sponsored by...

October 16, 2019 No Responses

Senate Probes PPRA Over Alleged Non Remittance Of 5% Pump Price Commission To FERMA

The Senate has directed its committees on Petroleum Downstream and National Planning to investigate within two weeks why the Petroleum Pricing Regulatory Agency (PPRA) failed to remit five per cent commission it charged on every litre of fuel to FERMA...

October 3, 2019 No Responses

Senate To Security Agencies: Arrest, Prosecute Foreigners Engaged In Illegal Mining

The President of the Senate, Ahmad Ibrahim Lawan, has called on security agencies to arrest and prosecute foreigners and anyone engaged in the illegal mining of the country’s mineral resources. Lawan made the call on Wednesday in his remarks after...

September 25, 2019 No Responses

Senate TO FG: Accelerate Diversification Of The Economy

The Senate on Tuesday urged the Federal Government to accelerate its policies on the diversification of the economy to improve the country’s foreign exchange earnings.The call was made in resolutions reached by the Senate following consideration of a motion ...

September 21, 2019 No Responses

Senate May Review Security Architecture

The Nigerian Senate might review the nation’s security architecture to address emerging security challenges across the country, the President of the Senate, Ahmad Lawan, has disclosed. According to Lawan, the proposed review would be carried out in collabora...

September 12, 2019 No Responses

Senate President Congratulates Buhari

The President of the Senate, Ahmad Lawan, has congratulated President Muhammadu Buhari and the All Progressives Congress (APC) on the president’s resounding victory at the Presidential Election Petition Tribunal. The Tribunal on Wednesday dismissed the...

September 2, 2019 No Responses

Nigerians Sue Senate Over Plan To Spend N5.5bB On Cars

Socio-Economic Rights and Accountability Project (SERAP), BudgIT, Enough is Enough (EiE) and 6,721 concerned Nigerians have filed a lawsuit asking the Federal High Court to “restrain, prevent and stop the National Assembly Service Commission from paying or r...