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Alleged N20bn Diversion: Reps Probe NNPCL Officials

Alleged N20bn Diversion: Reps Probe NNPCL Officials The House of Representatives, on Thursday, set up an ad hoc committee to investigate the Nigerian National Petroleum Company Limited over the alleged diversion and conversion of N20bn by its officials in the guise of payment to consultants. This...

Speakership: Ex-lawmaker Kwande canvasses support for Idris Wase

Speakership: Ex-lawmaker Kwande canvasses support for Idris Wase   A former House of Representatives member who represented Bassa/Jos North Federal Constituency, Suleiman Yahaya-Kwande, has canvassed support for the candidature of Deputy Speaker Idris Wase for the Speakership of the 10th Assembly. Mr Kwande, in a statement he...

Fed Govt $22bn Loan Request Declined By Chinese Bank – Reps

Fed Govt $22bn Loan Request Declined By Chinese Bank – Reps   The House of Representatives, on Tuesday, approved the request by the Federal Government to borrow $973,474,971.38 from China Development Bank. This followed the decision by the China-Exim Bank to reject Nigeria’s $22,798,446,773 loan request earlier...

Ministers, Firms to Account for Over $2.4bn Oil Sale – Reps

Ministers, Firms to Account for Over $2.4bn Oil Sale - Reps The House of Representatives’ will on April 11, 2023, grill ministers and other heads of ministries, departments and agencies of the Federal Government as well as oil companies and banks over the alleged illegal...

Reps Approve N1trn Borrowing, Dump N22.7trn Loan Request

Reps Approve N1trn Borrowing, Dump N22.7trn Loan Request   The House of Representatives, on Tuesday, partly approved of the requests made by President Muhammadu Buhari on Ways and Means Advances from the Central Bank of Nigeria. While the House approved restructuring of N1tn WMAs, the lawmakers dropped...

New Naira: Legislators Grill Mrs Aisha Ahmad Of CBN In The Absence Of Emefiele Who Is Abroad For Treatment

New Naira: Legislators Grill Mrs Aisha Ahmad Of CBN In The Absence Of Emefiele Who Is Abroad For Treatment   The Deputy Governor of the Central Bank of Nigeria, Aisha Ahmad, on Thursday, briefed the House of Representatives on the bank’s latest policies. Mrs Ahmad represented the...