Reps Summon Finance Minister Over Petrol Subsidy   The House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy regime from 2013 to 2022 has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, to appear before it on Tuesday next week...

Reps To Bar CBN Chiefs From Politics   The House of Representatives has begun the process of disqualifying politicians and persons with political affiliations from taking leadership positions in the Central Bank of Nigeria. Serving top officials of the apex bank will also be barred from politics. This...

Reps Investigate Nigeria’s Daily Fuel Consumption Claims   The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, the Minister of State, Petroleum Resources, Timipre Sylva and others over their nonappearance...

Fuel Scarcity, Hike In Diesel Price Due To Moribund Refineries - Kyari   Group Managing Director of Nigerian National Petroleum Company Limited (NNPC) Mr Mele Kyari, has attributed the current fuel scarcity and hike in the price of diesel to the non functional nation’s refineries. He...

Reps Move to Broaden Coverage of Capital Market in Nigeria    The House of Representatives has passed a bill for a second reading that will broaden Nigeria's capital market by allowing greater participation from entities that have previously been excluded. The bill sponsored by Benjamin Kalu...

Reps Summon Water Resources Minister As Agency Auctions N2bn Assets For N13.6m   The Office of the Auditor General for the Federation has queried the management of the Ogun-Osun River Basin Development Authority for selling off government plant, property and equipment valued at over N2bn at...