Senate Names Jonathan, Sambo, Others In N665.8bn Diversion, Demands Refund       The Senate has demanded a refund of funds totalling N665.8bn which were allegedly diverted by the Office of Accountant General of the Federation from the Solid Mineral Development Fund and Stabilisation Fund to ministries, departments...

Senate To AGoF: Sanction Officers Involved In $274.2m External Loan Losses       The Senate has asked the Accountant General of the Federation, Ahmed Idris, to identify and sanction his officers who were allegedly responsible for the $274.2m (N54.1bn) which Nigeria lost on external loans transaction. The red...

Senate Orders N300bn Refund From NPA, BPE, 57 Agencies     The Senate on Tuesday directed 59 Federal Government agencies to return over N300bn funds allegedly misappropriated by them to the federation account. It specifically ordered that all monies illegally spent by the affected agencies including the Nigerian...

Senate Rejects Works Ministry’s Fresh $434.7m Request       The Senate on Monday turned down a fresh request from the Federal Ministry of Works and Housing seeking approval for projects already captured in the $434.7m borrowing plan of the Federal Government. The Borrowing Plan had already been approved...

PIB: Senate Limits Fuel Imports To Dangote, Others       If the new provision on fuel imports inserted by the Senate in the Petroleum Industry Bill is adopted by the House of Representatives and the President, only active refinery licence holders will be allowed to import petroleum...

Senate Summons Ex-NSITF Bosses Over Alleged N84bn Embezzlement       The Senate has summoned former managing directors of the Nigeria Social Insurance Trust Fund ( NSITF) over alleged missing financial documents in the agency. The former NSITF bosses are expected to appear before the Senate Public Accounts Committee...