Senate Investigates Development Bank Loan Disbursement of N483 billion The Senate has revisited an alleged uneven disbursement of intervention loans to the tune of N483bn by the Development Bank of Nigeria shared among the six geopolitical zones in the country. The Senate in a bid to...

The All Progressives Congress appears to be settling its political quarrels with the surprise emergence of Senator Ahmed Lawan as the majority leader of the Senate. He replaces Senator Ali Ndume from Borno State who had occupied the position since June 2015, when the upper...

A fiscal plan is usually a clear and precise statement of what government hopes to realistically earn as income and how much it would spend within a given time frame. Thus in a year, if projected incomes exceed expenditures, a surplus will be available as...

It is no more news that the Nigerian Senate has rejected President Muhammadu Buhari's request for authorization to borrow about $30 billion. The Senate Leader, Ali Ndume, revealed that the loan request was rejected due to technical issues. One of the technical issues missing...

Strong indications have emerged that the leadership of the Senate and the Presidency have reached a deal on the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper earlier rejected by the upper chamber of the National Assembly. A source close to the leadership of...

The senate has voted against the sales of National Assets in tackling the current economic recession ravaging the country. ‎The senate took the decision, following a motion by Minority Leader, Senator Ali Ndume, urging the upper legislative chamber to reject the proposal for the sale...