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Reps Probe BPE, AMCON Over NACFA Privatisation

Reps Probe BPE, AMCON Over NACFA Privatisation   The House of Representatives’ Committee on Privatisation and Commercialisation has directed the Bureau of Public Enterprise to pay up an outstanding N189m to Jorotom International Agency Limited, the core investor that acquired the National Clearing and Forwarding Agency...

Reps Seek Financial Autonomy For Auditor-general’s Office

Reps Seek Financial Autonomy For Auditor-general’s Office   The House of Representatives’ Committee on Public Accounts has called for both administrative and financial autonomy for the Office of the Auditor General of the Federation to ensure optimal performance and transparency in its operations. The Chairman of the...

Abandoned Oil Depots, Pipelines, Rigs Constitute Security Threats – Reps

Abandoned Oil Depots, Pipelines, Rigs Constitute Security Threats – Reps   The House of Representatives ad hoc committee set up to investigate the current state and use of Federal Government’s property and assets has asked the Nigerian National Petroleum Corporation and its subsidiaries to provide a...

Reps To Invite CBN As Accountant-General Pegs Exchange Rate At N425

Reps To Invite CBN As Accountant-General Pegs Exchange Rate At N425     The House of Representatives’ Committee on Finance has resolved to invite the Central Bank of Nigeria over an allegation by the Office of the Accountant-General of the Federation that the apex bank collects charges...

Reps To NSIA: Present Your Budget Or Get Zero Allocation In 2022

Reps To NSIA: Present Your Budget Or Get Zero Allocation In 2022     The House of Representatives’ Committee on Finance has vowed to block allocation to Nigerian Sovereign Investment Authority if it fails to present its 2022 budget proposal to the National Assembly for consideration and...

Reps Threaten Bank With Takeover Over Debt

Reps Threaten Bank With Takeover Over Debt   The House of Representatives, on Thursday, threatened that it will ask the Central Bank of Nigeria to take over the ownership of Heritage Bank of Nigeria for owing the Federal Government more money than its entire share capital. The...