NCoS Admits Receiving N1bn In Error From Unknown Contractor     Reps panel gives service two weeks for fresh evidence The House of Representatives Committee on Finance, heard of how a contractor, whose name was not disclosed, erroneously transferred N1 billion to the account of the Nigerian Correctional...

Design New Revenue Sharing Formula, Lawmakers Tell RMAFC         The House of Representatives has asked the Revenue Mobilisation, Allocation and Fiscal Commission to come up with a new revenue sharing formula that will put more resources at the disposal of state and local governments. The House Committee...

Fed Govt Seeks New $1.2bn Loan From Brazil       The Federal Government is seeking a $1.2bn external borrowing from Brazil to finance agricultural programmes in the 2021 budget. A request for approval has also been transmitted to the National Assembly. The Minister of Finance, Budget and National...

Court Can’t Stop $30bn Revenue Leakage Probe – Lawmakers     The House of Representatives has said that no court can stop the legislature from investigating or exposing corruption in the country. Chairman, House of Reps Committee on Finance, James Faleke, stated this in Abuja, yesterday, at an...