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Senate Vows To Back AMCON’s Debt Recovery Drive

Senate Vows To Back AMCON’s Debt Recovery Drive   The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, has reiterated the willingness of the National Assembly to continually support the debt recovery efforts of Asset Management Corporation of Nigeria. The Senator made...

Senate Summons Akpabio, NDDC boss Over Unpaid N2.2bn Contractors’ Fees

Senate Summons Akpabio, NDDC boss Over Unpaid N2.2bn Contractors’ Fees The Minister of Niger Delta Affairs, Senator Godswill Akpabio, and the Sole Administrator of Niger Delta Development Commission, Mr Effiong Akwa, were summoned by the  Senate’s Committee on Ethics, Privileges and Public Petitions over non-payment of...

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...