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...

Senate Summons CBN Gov, Finance Minister, Others Over N500bn Loan Disbursement   An ad-hoc committee set up by the Senate to investigate the disbursement of development funds to 36 states of the federation since 2017, has summoned the Minister of Finance, Zainab Ahmed; the Governor of...

Senate Committee To Remove COREN From 2023 Federation Budget   The Senate Committee on Works has said there is no going back on its decision to remove the Council for the Regulation of Engineering in Nigeria from the 2023 budget. The Senator Adamu Aleiro-led committee vowed to...