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Reps Accuse Commercial Banks of Illegal Charges, Unauthorised Deductions

Reps Accuse Commercial Banks of Illegal Charges, Unauthorised Deductions The House of Representatives on Tuesday accused commercial banks of perpetrating illegality by deducting inexplicable monies from customers without remittances. The House Ad-hoc Committee Chairman, investigating the deduction of taxes from civil and public servants’ earnings and...

Reps Approve Tinubu’s $2.35bn Loan Request for 2025 Budget

Reps Approve Tinubu’s $2.35bn Loan Request for 2025 Budget The House of Representatives has approved President Bola Tinubu’s request to borrow $2.35 billion to finance part of the 2025 budget deficit, aiming to support government spending and economic stability. The House, during Wednesday’s plenary also endorsed...

Reps Probe Mismanagement in Green Energy Projects

Reps Probe Mismanagement in Green Energy Projects The House of Representatives has initiated an investigation into the allocation of green energy projects to inappropriate entities, aiming to curb substandard implementation, ensure transparency, and prevent further loss of value in the sector. The resolution of the House...

Reps Launch Probe into $35m Modular Refinery Project 

Reps Launch Probe into $35m Modular Refinery Project  The House of Representatives on Wednesday resolved to investigate the state of the $35m modular petroleum refinery in Brass, Bayelsa State. The resolution of the House followed the adoption of a motion of urgent public importance moved by...

Reps to Question CBN, Banks over Arbitrary Charges

Reps to Question CBN, Banks over Arbitrary Charges The House of Representatives on Tuesday resolved to probe what it described as the “arbitrary, excessive, and unexplained” charges drawn from customers’ accounts by money deposit banks operating in the country. The resolution of the House was a...

Reps Move to Curb $9bn Loss from Illegal Mining

Reps Move to Curb $9bn Loss from Illegal Mining The House of Representatives Ad Hoc Committee on Illegal Mining has vowed to tackle the $9 billion Nigeria reportedly loses every year to illicit mining activities. Speaking during the inauguration of the committee on Wednesday, Chairman Sanni...