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Senate Proposes Airlines’ Bailout As Operators Insist On Flights Suspension

Senate Proposes Airlines’ Bailout As Operators Insist On Flights Suspension   The Senate Committee on Aviation, on Tuesday, met the Airline Operators of Nigeria over the threat by domestic airlines to suspend flight operations nationwide from Thursday due to high cost of Jet A1, also known...

Senate Proposes Pollution Tax For Illegal Oil Refiners

Senate Proposes Pollution Tax For Illegal Oil Refiners The Senate has called on the Federal Government to sanction security agencies found culpable of vandalising pipeline installations and facilities in the country. This came as it also asked the FG to introduce a pollution tax on those...

Lawmakers Pass Amended Budget Bill For Second Reading, Decry N1trn Tax Waivers

Lawmakers Pass Amended Budget Bill For Second Reading, Decry N1trn Tax Waivers   The Senate yesterday passed for second reading a bill seeking to amend the 2022 Appropriation Act as the lawmakers decried the high N1 trillion tax waivers to be granted by the federal government. President...

Senate Approves State Assembly, Judiciary, And LG Financial Autonomy

Senate Approves State Assembly, Judiciary, And LG Financial Autonomy As part of the proposed amendments to the 1999 constitution, senate members voted on Tuesday to grant financial autonomy to the judiciary, state assemblies, and local governments. There were 83 votes in favor of financial autonomy for...

Buhari Wants Senate to Confirm Nominees for MPC Membership

Buhari Wants Senate to Confirm Nominees for MPC Membership President Muhammadu Buhari has requested the Senate confirm the appointment of two new members to the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) and reconfirm five others. The duo of Mohammed Salisu and...

Customs Faults Finance Act As Senate Sets N3trn Target For Revenue Agencies

Customs Faults Finance Act As Senate Sets N3trn Target For Revenue Agencies   The Nigeria Customs Service has described the Finance Act 2021 as confusing, saying it is hindering its ability to collect levies and taxes. This came as the President of the Senate, Ahmad Lawan, said...