House To Investigate Conflict Between Minister Of Finance And Suspended Director-General Of Sec
The House of Representatives at its plenary on Tuesday 5th December unanimously resolved to probe the alleged financial impropriety in the Securities and Exchange Commission (SEC) that led to the suspension of its Director-General, Mr Munir Gwarzo by the Minister of Finance, Mrs Kemi Adeosun. It also mandated its Committee on Capital Markets and Institutions […]
The Bill Seeking To Amend The Nnpc Act, 2004 Scales Second Reading In The Senate
The Bill for an Act to amend the Nigerian National Petroleum Corporation Act, 2004 scaled second reading in the Senate. The Bill seeks to make the appointment of the General Managing Director of the NNPC subject to confirmation of the Senate; increase the contract approval limit of the GMD of NNPC from N5, 000,000 to […]
Senate Approves the 2018-2020 MTEF and FSP
The Senate at its plenary session of Tuesday, 5 December 2017, approved the report of its Joint Committees on Finance, Appropriations, and National Planning on the 2018-2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). Presenting the report, Sen. Yahaya Abdullahi (APC: Kebbi) informed Members of the Senate that the MTEF and FSP […]
The 2018 Appropriation Bill Scales Second Reading In The Senate
The 2018 Appropriation Bill scaled second reading in the Senate following the conclusion of debate on the Bill at its plenary session of Tuesday, 5 December 2017. The Bill has now been referred to the Committee on Appropriation and other Senate Standing Committees (now working as sub-committees of the Committee on Appropriation) for further legislative […]