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Senate Halts Action on Tax Reform Bills

Senate Halts Action on Tax Reform Bills   The Senate has suspended action on the tax reform bills currently before it. It further instructed the Committee on Finance to stay action on the public hearing pending the time the agitation in the public space is addressed. The Senate...

Senate Okays Tinubu’s Request To Sack FCCPC Boss

Senate Okays Tinubu’s Request To Sack FCCPC Boss The Senate has approved President Bola Tinubu’s request to sack the Executive Vice- Chairman of the Federal Competition and Consumer Protection Commission (FCCPC) Babatunde Irukera. The decision was sequel to a motion by the Senate Leader, Opeyemi Bamidele...

Senate to FIRS: Suspend N17trn Tax Waivers

Senate to FIRS: Suspend N17trn Tax Waivers   The Senate through its Committee on Finance on Monday frowned at the N17tn loss incurred by the country on tax waivers within the last five years. It consequently urged the Federal Inland Revenue Service (FIRS) to suspend the tax...

JUST IN: Senate Passes N28.7tn 2024 Appropriation Bill

JUST IN: Senate Passes N28.7tn 2024 Appropriation Bill   The Nigerian Senate has passed an appropriation bill of N28.7tn for 2024. The Red Chamber passed the bill at the plenary held on Saturday. President of the Senate, Godswill Akpabio, assured that the bill will be transmitted to President...

Senate Condemns Trade Ministry Over Alleged N1bn Geneva Trip

Senate Condemns Trade Ministry Over Alleged N1bn Geneva Trip   The Senate Committee on Trade and Industry on Tuesday condemned the alleged allocation of N1bn for a foreign trip to Geneva, Switzerland, by the Ministry of Trade and Investment. Members of the panel gave the condemnation when...

Senate Grills AGF Over N910bn MDAs Loan

Senate Grills AGF Over N910bn MDAs Loan   The Senate has indicted the Office of Accountant General of the Federation over failure to repay short-term loans given to Ministries, Departments, and Agencies from Special Funds Accounts totalling N910bn. The lawmakers discovered this after a thorough investigation by...