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Reps Approve $347m Loan for Lagos-Calabar Highway, Other Projects 

Reps Approve $347m Loan for Lagos-Calabar Highway, Other Projects  The House of Representatives, on Wednesday, approved President Bola Tinubu’s request to the National Assembly, seeking approval to borrow $347m under the 2025–2026 borrowing plan. The Speaker of the House of Representatives, Tajudeen Abbas, read the President’s...

Reps Urge EFCC to Recover over N103bn, $950,000 from 31 MDAs

Reps Urge EFCC to Recover over N103bn, $950,000 from 31 MDAs The House of Representatives has indicted 31 Ministries, Departments, and Agencies (MDAs) over financial irregularities amounting to over N103.8 billion and $950,912.05. This is as the House has also asked the Economic and Financial Crimes...

Reps Review Bill to Ban Public Servants, Families from Private Schools, Hospitals

Reps Review Bill to Ban Public Servants, Families from Private Schools, Hospitals A bill seeking to prohibit public and civil servants, along with their immediate families, from using private schools and hospitals has passed second reading in the House of Representatives. Titled the Private Institutions and...

NASS Recovers N86m, Probes 13 Oil Firms Over $457m Unremitted Funds

NASS Recovers N86m, Probes 13 Oil Firms Over $457m Unremitted Funds The House of Representatives Public Accounts Committee has warned 13 non-compliant oil companies to appear before it to answer questions in the ongoing probe of non-remittance of money due to the Federal Government, or...

Reps Launch Probe into Alleged N1.12tn Anchor Borrowers Fund Diversion

Reps Launch Probe into Alleged N1.12tn Anchor Borrowers Fund Diversion The House of Representatives Committee on Nutrition and Food Security, on Tuesday, commenced a probe into how the N1.12tn meant for the execution of the Anchors Borrowers Programme was allegedly diverted by Ministries, Departments and...

MPC: Reps Warn CBN Against Interest Rate Hike

MPC: Reps Warn CBN Against Interest Rate Hike The House of Representatives Committee on National Planning and Economic Development has warned the Central Bank of Nigeria (CBN) against the adverse effects of maintaining high interest rates in its bid to curb inflation. Chairman of the committee,...