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Reps Summon Customs, FIRS, Others Over Unremitted Taxes

Reps Summon Customs, FIRS, Others Over Unremitted Taxes     The House of Representatives Committee on Public Accounts yesterday summoned the Nigeria Customs Service, the Federal Inland Revenue Service, the Ministry of Industry, and the Oil and Gas Free Zone Authority to clarify allegations of non-remittances of...

Reps Order Audit Of NNPC Assets, Liabilities, Probe IoCs Over N2.6trn Debts

Reps Order Audit Of NNPC Assets, Liabilities, Probe IoCs Over N2.6trn Debts     The House of Representatives has called for an audit of the assets and liabilities of the Nigerian National Petroleum Corporation before it is fully privatised. At the plenary on Wednesday, the House resolved to...

Reps Extend NDDC’s 2020 Budget By Nine Months

Reps Extend NDDC’s 2020 Budget By Nine Months   The House of Representatives on Tuesday extended the expiration date of the 2020 budget of the Niger Delta Development Commission from March 31, 2021 to December 31, 2021. The Chairman of the House Committee on Rules and Business,...

Reps Okay FG $16.23bn, €1.020bn, Other Loans

Reps Okay FG $16.23bn, €1.020bn, Other Loans     The House of Representatives has approved the proposed federal government’s $16.23 billion, €1.020 billion and other loans for project financing under the external borrowing rolling plan. The loan was approved after receiving the report of the House Committee on...

Reps Probe Alleged Fraud Of W/Bank Funds For Assets Insurance

Reps Probe Alleged Fraud Of W/Bank Funds For Assets Insurance   The House of Representatives has urged the Federal Ministry of Finance, Budget and National Planning, the National Insurance Commission and all ministries, departments and agencies of the Federal Government to ensure proper actuarial valuation and...

Malami Named In $139m Bank Transfers, Reps Fault Process

Malami Named In $139m Bank Transfers, Reps Fault Process     The House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and...