Senate Probes CBN Over N20trn Unremitted Stamp Duty   The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20trn into the Federation Account by the Central Bank of Nigeria. The CBN, according to the red chamber, collected the amount as stamp duty...

Buhari Seeks Senate's Confirmation Of New FIRS Chairman, Members ...As AMCON gets new Chair   The Senate has received a formal request from President Muhammadu Buhari for the confirmation of Muhammad Mamman Nami as the Executive Chairman of the Federal Inland Revenue Service (FIRS). The request, which was...

NASS Makes History, Passes N10.59trn Budget For 2020   The Senate has made history with the passage of N10.59 trillion budget for the year 2020 in keeping with its major legislative agenda of returning the country’s budget cycle to a more predictable one as well as...

FG Currently Owes Pensioners N400bn, Says Senate   The Federal Government currently owes its retirees over N400bn accrued pension rights, the Senate Committee on Establishment and Public Service has said. The committee has also vowed to take up the issue with the government to ensure that all...

Audited Accounts: CBN, Others Shun Senate Ultimatum   Eighteen out of the 25 agencies of the Federal Government have not submitted their audited accounts seven days after the Senate issued a week ultimatum for them to do so. Our correspondent learnt that the affected agencies had also...

Senate Probes Oil, Gas Exploration Contracts   The Senate on Wednesday mandated its Committee on Petroleum Resources (Upstream) to conduct a comprehensive review of the relevant laws in Nigeria’s oil and gas sector and determine the level of compliance by the oil firms to the laws. The...