Airline operators in Nigeria have told the Senate Committee on Aviation that unless the federal government promptly pumped intervention funds into the aviation sector, all domestic airlines operating in the country will die. The operators stated this wednesday during an emergency interactive session convened by...

 *As Senate sets up 9-member c’ttee to investigate $5.9bn stolen oil Nigeria does not know the quantity of crude oil it produces at the moment, Nigeria Extractive Industry Transparency Initiative, NEITI, has said. The revelation came as the Senate set up a nine-member ad-hoc committee to...

The Senate is set to scrap the Nigerian Ports Authority, NPA, through the modified Ports and Harbours bill which seeks to create a new body to be known as Nigerian Ports and Harbours Authority. The new bill which replaces the old one that has been...

WORRIED by the present economic state of the country, the Senate has summoned the Minister of Finance, Mrs. Kemi Adeosun, and governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, to appear before it and brief the upper chambers on the monetary and...

...Asks Stallion, Olam, Milan to refund N24bn ...House: FG loses $2.9bn annually to tax waivers The Senate has asked the federal government to recover N42 billion grants as import duty waivers to six companies including Dangote Limited and BUA Sugar Refinery between 2013 and 2015. The upper chamber...

After months of delay, Nigeria’s Senate has finally passed the 2016 Federal budget. President Muhammadu Buhari presented a N6.08 trillion proposals in December 2015. The Senate passed N6,060,677,358,227 trillion budget after considering its conference report on the budget. It was the first time since 1999 that the...