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Senate Knocks SEC For Spending Earnings On Salaries, Emoluments

Senate Knocks SEC For Spending Earnings On Salaries, Emoluments   The Senate has carpeted the Securities and Exchange Commission for spending most of the revenues it generated on salaries and emoluments of staff. The Senate, through its Committee on Capital Market, insisted that it was wrong of...

Senate Passes Real Estate Regulatory Council Bill

Senate Passes Real Estate Regulatory Council Bill   The Senate on Wednesday passed a bill to establish the Real Estate Regulatory Council of Nigeria. The council, when established would, among others, curb fraudulent practices to ensure that the real estate business conforms with the National Building Code...

$10bn Gas Project: Senate Probes Italian Firm Over Local Content Law

$10bn Gas Project: Senate Probes Italian Firm Over Local Content Law   The leadership of the Senate has directed its Committee on Local Content to immediately commence investigations into the alleged breach of local content law by an Italian firm. The development was sequel to a petition...

Senate Concludes Debate On 2022 Budget

Senate Concludes Debate On 2022 Budget The Senate will on Wednesday (today) conclude its debate on the general principles of the 2022 Appropriation Bill which it started on Tuesday. The President of the Senate, Ahmad Lawan, presided over the plenary, where senators bared their minds on...

Senate Probes Budget Office Over N19bn Payment Without Approval

Senate Probes Budget Office Over N19bn Payment Without Approval   The Senate on Tuesday commenced investigation into alleged illegal payment of N19bn to four federal agencies, by the Budget Office. Officials of the Budget Office did not appear before the Senate Public Accounts Committee. SPAC, relying on the...

Work Begins On N16.39trn Budget As Senate Panel Gets Documents Today

Work Begins On N16.39trn Budget As Senate Panel Gets Documents Today   The Senate President, Ahmad Lawan, is expected to forward the 2022 Appropriation Bill to the Committee on Appropriation on Tuesday (today) during the plenary. A member of the panel disclosed this on condition of anonymity...