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...

Senate Grills NCDMB Officials Over $10bn Train 7 Gas Project   The Senate Committee on Local Content, on Wednesday, grilled the management of the Nigerian Content Development and Monitoring Board (NCDMB) over an alleged breach of local content laws in the execution of the $10bn Train...

2022 Budget: Senate approves N215.8bn for FIRS     The Senate has approved N215.8 billion as budget for the Federal Inland Revenue Service (FIRS) for the 2022 fiscal year. The budget was approved in plenary on Wednesday. It was sequel consideration of a report by the Senate Committee on...

Senate, Reps Pass Finance Bill     The Senate and House of Representatives have passed the Finance Bill 2021, transmitted to the National Assembly by President Muhammadu Buhari, on December 7, 2021. They passed the bill on Tuesday following the consideration of a reports from committees of the...

AMCON: Senate Challenges Aviation Ministry Over Issuance Of NG Eagle AOC …Directs AMCON To Again Publish List Of Debtors       The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani, has declared that the 9th Senate of the Federal Republic of Nigeria is...

Senate Approves Buhari’s N7.6trn External Borrowing Request   The Senate yesterday approved President Muhammadu Buhari’s request to borrow about N7.6 trillion comprising $16.2 billion and €1 billion (Euros) under the 2018-2020 External Borrowing (Rolling) plan, and a $125 million grant component. It also approved the request to...