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Set Up N15bn Emergency Fund, Reps Tell Fed Govt

Set Up N15bn Emergency Fund, Reps Tell Fed Govt     The House of Representatives on Tuesday urged the Federal Government to set up a strategic N15 billion Coronavirus Emergency Fund for universities and other tertiary institutions. It said this would enable such institutions to respond to the...

Lawmakers Demand 40-year Socioeconomic Plan From FG

Lawmakers Demand 40-year Socioeconomic Plan From FG   The House of Representatives has asked the Federal Government to develop a long-term socioeconomic plan for Nigeria. The lawmakers adopted a motion at the plenary on Tuesday, entitled, ‘Need for Nigeria to Develop a Long-Term Social and Economic Development...

Reps Pass Buhari’s N850bn Domestic Loans Request

Reps Pass Buhari’s N850bn Domestic Loans Request     The House of Representatives on Tuesday passed President Muhammadu Buhari’s request to raise N850 billion in new external borrowing in the 2020 Appropriation Act from the domestic capital market. This was after the House considered the request in the...

COVID-19: Reps Seek Two Months Free Power Supply To Nigerians, Mulls Second Stimulus Bill

COVID-19: Reps Seek Two Months Free Power Supply To Nigerians, Mulls Second Stimulus Bill   The House of Representatives has called for the supply of free electricity to Nigerians for two months as part of measures to mitigate the effects of the COVID-19 pandemic. The Speaker, Femi...

Reps To Donate Two Month Salaries To Fight COVID-19

Reps To Donate Two Month Salaries To Fight COVID-19   Members of the House of Representatives have resolved to donate their two months salaries to the fight the COVID-19 pandemic in Nigeria. The Speaker, Femi Gbajabiamila, who made the announcement via social media, on Tuesday, said the...

COVID-19: Lawmakers Propose Duty Waivers, New Tax Regime

COVID-19: Lawmakers Propose Duty Waivers, New Tax Regime   In a record time, the House of Representatives has passed the Emergency Economic Stimulus Bill, 2020, which, among other things, aims at providing temporary relief to companies and individuals from the economic consequences of the COVID-19 pandemic. The...