Senate Indicts NSA Over Alleged Diversion Of $2.3bn, Others       The Senate has indicted the Office of the National Security Adviser (NSA) over an alleged diversion of N1,075,266,599.06, $2,301,329.54 and €196,257.42 by the Nigerian Ports Authority (NPA). Apart from asking the Economic and Financial Crimes Commission (EFCC)...

Senate Probes NIMC Over N229m Contract Payments     The Senate Public Account Committee is currently investigating the authorities of the National Identity Management Commission over the alleged non- compliance with Public Procurement Act in the award of a N229m contract. The SPAC hinged the probe on the...

Senate In Talks With CBN On Offshore Banking Licence       The Senate Committee on Trade, Industry and Investment has promised to ensure that the Central Bank of Nigeria grants the permit for the establishment of offshore banks to free trade zone operators and businesses. The committee said...

NSITF Chiefs Appear In Senate Today Over Alleged N61.1bn Diversion       The management of the Nigeria Social Insurance Trust Fund is expected to appear before the Senate Public Accounts Committee today (Tuesday) to answer more questions on the query issued to it by the Auditor General...

Senate Passes Bill To Bar NIPOST From Tax Collection       The Senate on Tuesday passed a bill to effectively restrict Nigerian Postal Service (NIPOST) to only postal operations in the country. The Nigerian Postal Service (Repeal and Re-enactment) Bill, 2021, also unbundled the agency by creating a...

Senate To DPR: Clamp Down On Illegal Cooking Gas Retailers       The Senate on Tuesday urged the Department of Petroleum Resources (DPR) to clamp down on illegal roadside retailers of Liquefied Petroleum Gas (LPG), popularly called cooking gas. It said such retailers should include those who either...