Reps Summon Finance Minister, Others Over Power Plants Sale   The House of Representatives’ Committee on Finance has summoned the Ministers of Finance, Budget and National Planning, Zainab Ahmed and of Power, Abubakar Aliyu, over the planned sale of five power plants. Also summoned were the Director-General...

Reps To NSIA: Present Your Budget Or Get Zero Allocation In 2022     The House of Representatives’ Committee on Finance has vowed to block allocation to Nigerian Sovereign Investment Authority if it fails to present its 2022 budget proposal to the National Assembly for consideration and...

House Of Reps Receives MTEF Report           The House of Representatives on Wednesday recieved the report of its Committee on Finance on the Medium Term Expenditure Framework and Fiscal Strategy Paper(MTEF) for 2022 to 2024. The MTEF/FSP is the template on which the annual budget preparation is...

Reps Summon Accountant-general, Customs Over Shippers’ Council Revenue       The House of Representatives’ Committee on Finance has invited the Office of the Accountant-General of the Federation, the Nigeria Customs Service and the Budget Office of the Federation to appear on Monday and explain issues surrounding the...

Subsidised Petrol Smuggled As Far As Mali - Customs       The Nigeria Customs Service has said Premium Motor Spirit, popularly known as petrol, is being smuggled out of Nigeria in large quantities after it has been subsidised by the Federal Government. According to the border security outfit,...

Reps Fault Banks, Begins Probe Of $30bn Revenue       The House of Representatives’ Joint Committee on Finance, Banking and Currency has begun an investigation of the leakages amounting to $30bn annually in the transfer of funds to execute international contracts, interbank transfers, among others. At its inaugural...