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2020 Capital Budget: NASS Expresses Worry Over Implementation

2020 Capital Budget: NASS Expresses Worry Over Implementation       The leadership of the National Assembly (NASS) on Monday expressed concern over the low implementation of the 2020 budget despite the three-month extension granted the executive arm of government to implement the capital component of the fiscal...

NASS Sets First Quarter Deadline For PIB Passage

NASS Sets First Quarter Deadline For PIB Passage         The National Assembly will pass the Petroleum Industry Bill (PIB) before the end of this quarter as legislators work to tighten loopholes and bolster Nigeria’s earnings from its natural resources. A related amendment to the Deep Offshore Oil...

NASS Extends 2020 Capital Budget Implementation To March

NASS Extends 2020 Capital Budget Implementation To March       The Senate on Wednesday passed an executive communication from President Muhammadu Buhari, seeking the extension of the implementation of the capital components of the 2020 budget from December 31, 2020 to March 31, 2021. Buhari, through his Minister...

Senate To Pass 2021 Budget Monday

Senate To Pass 2021 Budget Monday         President of the Senate, Ahmad Lawan, has announced that the Senate will on Monday hold a special session to pass the 2021 budget presently before the National Assembly. Lawan made this known during plenary following a motion moved by the...

Senate Promises To Pass 2021 Budget On December 3

Senate Promises To Pass 2021 Budget On December 3       The Senate yesterday gave an assurance that the N13.08 trillion 2021 Appropriation Bill presented to the National Assembly last Thursday by President Muhammadu Buhari will be passed by December 3. To fast-track the budget passage, ministers and...

Senate To Debate PIB October 20

Senate To Debate PIB October 20       The Senate will on October 20, debate the Petroleum Industry Bill (PIB) recently transmitted to the National Assembly by President Muhammadu Buhari. Senate President Ahmad Lawan, made the announcement moments before the upper chamber adjourned plenary on yesterday. According to Lawan,...