Reps Investigate $2.4bn Loss From Alleged Illegal Sales Of 48m Barrels Of Crude   The House of Representatives is set to investigate the whistleblower`s allegations of the illegal sale of 48 million barrels of Nigeria’s Bonny Light crude in China in 2015 and the insurance status...

Cash Withdrawal Limits: Emefiele Shuns Reps Summon Again   Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has again failed to honour summons by the House of Representatives to clarify issues on its recent policy on cash withdrawal limits. Emefiele was billed to appear before...

Reps Pass NCC N553.7bn Budget     The President Muhammadu Buhari has transmitted to the House of Representatives, the proposed budget of the Federal Capital Territory for 2023. It also adopted the report of its Committee on Telecommunications on the budget of the Nigerian Communications Commission (NCC) for...

Reps Begin Probe Of N6.5bn Unrecovered Revenue   The House of Representatives on Tuesday commenced investigation into activities of the Board Management of Lagos International Trade Complex (LITC) over unrecovered revenue worth N6.5 billion. The resolution was passed during an investigative hearing held at the instance of...

Reps Summon 63 Agencies For N2trn Illegal Spending   The House of Representatives Committee on Public Accounts has summoned 63 institutions of the Federal Government for implementing budgets not presented by the President and passed by the National Assembly, leading to illegal spending totalling over N2...

NASS Probes MDAs Over N600bn Illegal Spending   The House of Representatives Committee on Public Accounts has commenced a full-scale investigation of 115 ministries, departments and agencies of the Federal Government for spending over N600bn outside their approved budgets on salaries and allowances. Office of the Auditor...