The House of Representatives’ Committee on Public Accounts has confirmed the allegation by President Muhammadu Buhari that some committees of the National Assembly are passing budgets for ministries, departments and agencies of the Federal Government illegally. It was reliably gathered recently that the committee, after making the discovery, wrote to[Read More…]
Tag: Senate
PIB: The Political Journey of a Knotty Bill.
The Senate recently passed the Petroleum Industry Bill (PIB) and approved 3 per cent for the host communities. The upper chamber passed the Bill after the clause by clause consideration of the report of its joint committee on Petroleum (Upstream, Downstream and Gas) on PIB. Although the Senate approved three[Read More…]
Senate probes alleged CBN Non-Remittance of N20 trillion Stamp Duty
The Senate is investigating alleged failure by the Central Bank of Nigeria, CBN, to remit stamp duty of over N20 trillion into the Federation Account. Chairman, Senate Committee on Banking, Insurance and Other Financial Institutions, Senator Uba Sani, All Progressives Congress, APC, Kaduna Central, who disclosed this, however, warned against[Read More…]