Senate Approves Tinubu’s N6.2tn Budget Injection as 2024 Budget Hits N33.7tn The National Assembly has approved Tinubu’s N6.2 trillion budget request, enhancing capital and recurrent expenditure. The two chambers of the National Assembly, on Wednesday, gave accelerated consideration and approval to President Bola Tinubu’s request for...

Senate Rejects Bill to Boost Gold Reserves A bill seeking to boost the nation's reserves by using gold has been rejected by the Senate. The bill sponsored by Senator Sani Musa ( APC, Niger East) titled “ Foreign Exchange (Control and Monitoring) Bill, 2024 (SB. 353)”...

Senate Considers Bill to Market Gold, Boost Revenue  The Senate on Wednesday passed for second reading, a bill for an Act to make provision for Nigeria Gold Reserve Industry. The bill sponsored by Senator Natasha Akpoti-Uduaghan (PDP, Kogi Central), seeks a robust framework for harnessing, exploitation...

President Tinubu Rejects Allegations of N3.7 Trillion Budget Padding, Affirms Senate's Integrity President Tinubu has strongly rejected allegations that the Senate added N3.7 trillion to the 2024 budget, describing the claims as baseless. Speaking from the State House in Abuja on Thursday, the President stated...

CMPA Condemns Senate ‘Budget Padding’, Urges For Investigation As well as calling for a comprehensive investigation of the upper chambers' allegations against Senator Abdul Ningi, the Centre for Media, Policy and Accountability (CMPA) has expressed concern regarding the budget padding scandal rocking the Senate. The lawmakers...

CMPA Condemns Senate ‘Budget Padding’, Urges For Investigation As well as calling for a comprehensive investigation of the upper chambers' allegations against Senator Abdul Ningi, the Centre for Media, Policy and Accountability (CMPA) has expressed concern regarding the budget padding scandal rocking the Senate. The lawmakers...