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Reps Summon Ahmed, Emefiele, Others Over Stalled Customs Project

Reps Summon Ahmed, Emefiele, Others Over Stalled Customs Project   The House of Representatives has mandated its Committee on Customs and Excise; Finance; Banking and Currency to invite Governor of the Central Bank of Nigeria, Godwin Emefiele; Controller-General of the Nigeria Customs Service, Col. Hameed Ali...

Reps Pass 2022 Budget For Second Reading

Reps Pass 2022 Budget For Second Reading   The House of Representatives on Thursday passed the 2022 budget of N16.39 trillion for second reading. This followed the conclusion of debate on on the general principles of the budget. The Senate, had also on Wednesday, passed the 2022 Appropriation...

Reps Give Banks 14 Days To Remit N10bn Customs Duties To FG

Reps Give Banks 14 Days To Remit N10bn Customs Duties To FG     The House of Representatives Committee on Customs has given two weeks ultimatum to five commercial banks to reconcile accounts and remit all outstanding customs duties to the federal government. The Chairman of the Committee,...

Reps Fault Budget Deficit, Loans, Threaten MDAs

Reps Fault Budget Deficit, Loans, Threaten MDAs     The House of Representatives on Wednesday began the second reading of the 2022 Appropriation Bill during which members debated the general principles of the national budget. The lawmakers took turns to criticise the internal and external borrowings by the...

Reps Investigate Threats To $150bn Air Cargo Freights

Reps Investigate Threats To $150bn Air Cargo Freights           The House of Representatives has resolved to investigate the delay frustrating air freighting of cargoes occasioned by extortions and multiple charges at the airports. This is sequel to the unanimous adoption of a motion moved by the Deputy...

House Passes 2022-2024 MTEF, Approves N4.89trn New Borrowings

House Passes 2022-2024 MTEF, Approves N4.89trn New Borrowings         Like the Senate, the House of Representatives has passed the 2022–2024 Medium Term Expenditure Framework and Fiscal Strategy Paper as presented by President Muhammadu Buhari. The passage followed consideration and adoption of the report by the House Committee...