Reps, Senators Face Probe Over Illegal Budget Passage   The House of Representatives’ Committee on Public Accounts has confirmed the allegation by President Muhammadu Buhari  that some committees of the National Assembly are passing budgets for ministries, departments and agencies of the Federal Government illegally. It was...

Senate, Minister Clash Over N12.43trn 2023 Budget Deficit   The Senate, through its Committee on Finance, has disagreed with the Minister of Finance, Budget and National Planning, Zainab Ahmed, as well as heads of revenue generating agencies in the country on the proposed 2023 – 2025...

Audit Report: NSITF Under Fire In Senate Over N17.2bn Transfer   The present and past management of the Nigeria Social Insurance Trust Fund have come under fire in the Senate for failing to justify its spending of N17.158 billion in 2013 with required evidential documents, some...

Senate Probe Health Ministry On Alleged N5.7bn Donor Funds Mismanagement   The Senate Public Account Committee has summoned senior management staff of the Ministry of Health to appear before it in order to explain how they managed the N5.7 billion grant from an international donor agency. Our...

Senate To NUPRC: Stop IOCs Evading Tax From Lifting Crude Oil   The Senate Committee on Finance has asked the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to stop international oil companies (IOCs) evading tax from lifting crude oil. The panel said the move has become imperative...

Senate Confirms CBN’s Monetary Policy Committee Members   The Senate, on Wednesday, confirmed the nominations of seven members of the Monetary Policy Committee of the Central Bank of Nigeria (CBN). The confirmation of the nominees followed the consideration of a report by the Committee on Banking, Insurance...