Reps To Raise FMBN’s Capital To N100bn       The House of Representatives is considering raising the capital base of the Federal Mortgage Bank of Nigeria from the current N5bn to N100bn. Also, the mortgage bank may also be opened to private investors and shareholders. These are proposed in...

Reps Verify Finance Ministry’s Proof Of N162m Expenses     The House of Representatives is verifying information and documents provided by the Federal Ministry of Finance in response to queries issued by the Office of the Auditor-General of the Federation on expenses between 2015 and 2016 amounting...

Reps Summon Minister Over Agency’s Unaudited Accounts   The House of Representatives has summoned the Minister of Science and Technology, Ogbonnaya Onu following the failure of the Natural Medicine Development Agency to audit its accounts for nine years. Others summoned by the lawmakers for the infraction are...

Reps Summon AGF, BPP Over Customs Unaudited Accounts   The House of Representatives has summoned the Accountant-General of the Federation, Ahmed Idris; and Director-General of Bureau of Public Procurement, Mamman Ahmadu, to appear before it and explain why the Nigeria Customs Service has not audited its...