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N22trn Loan To Attract Additional N1.8trn Interest, Says Buhari

N22trn Loan To Attract Additional N1.8trn Interest, Says Buhari   President Muhammadu Buhari on Tuesday, signed into law the 2023 budget proposal of N21.83tn along with the 2022 supplementary appropriation bill. It is the eighth and final budget of his regime. Buhari signed the 2023 budget at the...

Senate Postpones Hearing On Cash Withdrawal Limits

Senate Postpones Hearing On Cash Withdrawal Limits   The Senate on Tuesday postponed the hearing of the report on the Cash withdrawal policy by the committee on Banking and Financial Institutions. The Red chamber had last week commissioned the committee to grill the two newly re-appointed deputy...

Lawan Says Buhari Didn’t Direct Anyone To Remove Petrol Subsidy

Lawan Says Buhari Didn’t Direct Anyone To Remove Petrol Subsidy   The Senate President, Ahmad Lawan, says President Muhammadu Buhari has not asked any official in his regime to implement the removal of petroleum subsidy. Lawan disclosed this to State House correspondents on Tuesday after a meeting...

Work Begins On N16.39trn Budget As Senate Panel Gets Documents Today

Work Begins On N16.39trn Budget As Senate Panel Gets Documents Today   The Senate President, Ahmad Lawan, is expected to forward the 2022 Appropriation Bill to the Committee on Appropriation on Tuesday (today) during the plenary. A member of the panel disclosed this on condition of anonymity...

Senate Passes AMCON Amendment Bill

Senate Passes AMCON Amendment Bill       The Senate has passed the Asset Management Corporation of Nigeria (AMCON) Amendment Bill. This followed the adoption of the report of Senate Committee on Banking, Insurance and Other Financial Institutions at plenary on Wednesday. Presenting the report, Senator Uba Sani, Chairman of...

PIB Faces Another Hurdle As Senate Recieves Fresh Petition

PIB Faces Another Hurdle As Senate Recieves Fresh Petition       Nigerians in diaspora, under the aegis of Isoko Association of North America, have petitioned the Senate President, Ahmed Lawan, over the Petroleum Industry Bill, alleging that the document would worsen the already-cold relationship between oil companies...