FG Seeks Powers To Impound, Freeze Stolen Funds         The Federal Government has approached the National Assembly for more powers to freeze and seize stolen public funds and assets. President Muhammadu Buhari, in a letter to the House of Representatives, which the Speaker, Femi Gbajabiamila, read at...

Economist Wants speedy passage of FG’s proposed N13 trillion budget An Economist, Mr Moses Igbrude, has told the National Assembly to expedite the passage of the proposed N13.08 trillion 2021 budget, in order to revamp the downturn in the economy caused by COVID-19 pandemic. Igbrude, the...

Lawmakers To Consider PIB Next Tuesday — Gbajabiamila         The House of Representatives has slated the Petroleum Industry Bill, 2020 for a second reading on Tuesday next week, Speaker Femi Gbajabiamila has disclosed. The Speaker made the disclosure on Wednesday in plenary, while calling for all motions...

Reps Debate N13.08trn Budget, Check For Foreign Trips       The House of Representatives has opened discussions on the 2021 Appropriation Bill of N1.08 trillion expenditure at the House of Representatives plenary. Issues surrounding the funds proposed for Debt Service, Capital and Recurrent expenditure were the focus when...

Fed Govt Says $750m Loan To Complement COVID-19 Stimuli         The Federal Government of Nigeria said the proposed $750 million loan for states under its Nigeria COVID-19 Action Recovery and Economic Stimulus (N-CARES) would complement other economic stimulus programmes. The Minister of State for Finance, Planning and...

FG Budgets N3.85trn for Capital Projects in 2021 The 2021 budget estimates submitted to the National Assembly by President Muhammadu Buhari has N3.85 trillion for capital projects. Minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed at the budget breakdown held in Abuja. Mrs Ahmed...