National Assembly To Pass PIB This Year, Says Lawan         Senate President Ahmad Lawan, has said the lawmakers will pass the Petroleum Industry Bill (PIB) this year, noting that it’s a promise to Nigerians. Lawan who spoke on Monday at a two-day public hearing on the PIB...

Senate Queries NBET On N50bn Escrow Account         The Senate Public Account Committee has asked the Nigeria Bulk Electricity Trading Plc to explain how it managed the N50bn in its Escrow Account. The chairman of the committee, Senator Matthew Urhoghide, issued the directive based on the 2015...

Senate Worries Over Power Ministry’s N478m In Mortgage Bank         The Senate has raised concern over the safety of the N478m deposited by the Federal Ministry of Power in Aso Savings and Loans Plc. The money, according to the 2015 report of the Auditor General for the...

Senate Worried Over Seafaring Manpower Deficit       The Nigerian Senate has expressed concern over the deficit in the country’s seafaring manpower capacity, just as experts noted that Nigeria can generate $12 billion yearly from the seafaring profession. Speaking during the Maritime Academy of Nigeria (MAN) 2020 passing-out-parade/graduation...

Unexecuted Contracts: Senate Indicts NIMASA For N1.5bn Payment         The Senate Public Accounts Committee has sustained the report of the Auditor General for the Federation, which indicted the Nigerian Maritime Administration and Safety Agency of paying N1.5bn to contractors who did not execute projects awarded to...

Senate Passes N453.2bn NDDC’s 2020 Budget         The Senate on Monday passed the sum of N453,200,000,000.00 as the budget of the Niger Delta Development Commission (NDDC) for the 2020 fiscal year. This followed the presentation of the report of the Senate Committee on Niger Delta Affairs by...