Senate Says Govt Agencies, Military Owe Electricity Firms   The Federal Government has said that the cost of electricity consumption in Nigeria is among the cheapest and most defaulted by consumers in the world. This came as the Chairman of the Senate Committee on Power, Senator Gabriel...

Senate Demands N3.2bn Tractor Loan Recovery   The Senate has indicted the Bank of Agriculture in Kaduna over a N3.2bn loan disbursed to 10 vendors to purchase tractors and other equipment for allocation to end users. The indictment was sequel to the 2016 report of the Auditor...

Senate Probes Accountant-General Over Alleged N978bn From SWVs   The Senate on Tuesday began probing the Office of the Accountant-General of the Federation over the N978billion it allegedly received from the Service Wide Votes (SWV), between 2017 and 2021. The said N978billion comprises both capital and recurrent...

Senate Postpones Hearing On Cash Withdrawal Limits   The Senate on Tuesday postponed the hearing of the report on the Cash withdrawal policy by the committee on Banking and Financial Institutions. The Red chamber had last week commissioned the committee to grill the two newly re-appointed deputy...

Lawmakers Pass NCC’s N559bn Budget   The Senate, at a plenary on Tuesday, passed the 2023 budget of the Nigerian Communications Commission (NCC) following the presentation by the Committee on Communications. The lawmaker representing Yobe South, Ibrahim Bomai, who laid and presented the reports, stated that the...

NASS Proposes Bill Against Indiscriminate Waivers, Incentives   The Senate, on Tuesday, passed a bill for a second reading to amend the Federal Inland Revenue Service Act to regulate the processes of granting corporate tax holidays, import duty waivers and investment incentives to investors and businesses...