Senate May Pass 2020 Appropriation Bill Thursday The N10.33 trillion 2020 budget proposal presented by President Muhammadu Buhari to the National Assembly may be passed by the upper legislative chamber on Thursday. This is with a view to bringing the budget cycle effective 2020 fiscal year...

Outrage As Senate Okays 50% VAT Increment   The bill specifically seeks to hike the Value-Added Tax from five percent to 7.5 percent. The Federal Executive Council had in September this year approved an increase in VAT and sent a bill to the National Assembly for consideration....

Senate Wants Textile Imports Banned For 5 Years The Senate on Tuesday appealed to the Federal Government to ban importation of textiles for a period of five years to allow for the production of local textiles. This followed the debate on a motion sponsored by Senator...

Senate Summons Kyari Over Pipeline Vandalism   The Senate on Tuesday summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, to appear before its Committee on Petroleum Resources, over the spate of pipeline vandalism across the country. The Senate President, Ahmad Lawan,...

Senate To Support $10bn NLNG Investment In Gas Sector   The Senate is throwing its full weight behind the 10billion dollars Train seven Project investment in the nation’s gas sector, by the Nigeria Liquefied Natural Gas ( NLNG). It also urged Nigerians to actively participate in the...

Senate Panel Vows To Resolve NEPZA Alleged N14bn Scam   The Senate Committee on Trade and Investment on Tuesday vowed to get to the root of the N14,376,027,584.65 illegally transferred from the 2017 Appropriation Budget of the Nigerian Export Processing Zones Authority to the Nigeria Special...