Mele Kyari, Others Summoned Over Alleged ‘Diversion’ of $72m Mele Kyari, group chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, has been invited to appear before the house of representatives committee on public petitions over an alleged “diversion” of $72 million belonging...

Reps Approve $700m Disbursement Fund to Maritime Operators The House of Representatives Committee on Nigerian Content Development and Monitoring has approved that the Nigerian Maritime Administration and Safety Agency can continue the disbursement of $700m from the Cabotage Vessel Finance Fund. The House had on May...

Reps Bill: RMAFC to Probe Illegal Salaries The House of Representatives has considered and adopted the report on a bill seeking to grant powers of enforcement to the Revenue Mobilisation, Allocation and Fiscal Commission on Wednesday. The legislation is titled, ‘A Bill for an Act to...

Reps Investigate N4bn Demurrage On NIMASA’s N50bn Floating Dock   The House of Representatives on Wednesday resolved to investigate payment of $30,000 daily or N4bn annually as demurrage on a floating dock acquired by the Nigerian Maritime Administration and Safety Agency for N50bn. The House urged the...

Reps Investigate N600bn Monthly Revenue Loss At Lagos Ports   The House of Representatives has begun investigation into infrastructural decay at the Apapa and Tin Can Island Ports in Lagos, leading to the loss of N600bn revenue monthly. The House urged the Nigeria Ports Authority and other...

40% Budget Must Go To Capital Projects - Reps   A bill seeking to make it compulsory for the Federal Government to allocate 40 per cent of funds to capital expenditure in the national budget for 10 years passed the second reading at the House of...