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senate

Senate Asks NPA, BPE, Other MDAs To Refund Public Funds

The Senate has approved the 2015 report of its committee on public accounts which charged 59 Ministries, Departments and Agencies (MDAs) of government that have been asked to refund over N300billion to the Federation Account. For over a year, the Senate panel
July 15, 2021
DSTV
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House Of Reps Okays Pay-As-You-Go For DSTV, Others

The House of Representatives has approve the adoption of pay-as-you-go for DSTV and other cable satellite operators in the country. The approval came following the recommendations of the Ad–hoc Committee on Non–Implementation of Pay–As–You–Go and sudden Increment of Tariffs plan by Broadcast
July 15, 2021
pdp

PDP Alleges Plot To Assault The Rule Of Law

Peoples Democratic Party (PDP) legal team has alleged plot by Senator Ugochukwu Uba to assault the principle of the rule of law. Referring to the ongoing Suit No. A/230/2021: SENATOR UGOCHUKWU UBA VS. INEC, PDP & ANOR, the PDP said that its
July 14, 2021
House of Reps
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Reps Interrogate NSITF Over N17bn Transfer, Others

The House of Representatives Committee on Public Accounts, on Tuesday, interrogated the Managing Director of the National Social Insurance Trust Fund (NSITF) Michael Akabogu, over the transfer of N17,158,883,034.69 to people and companies without payment vouchers and other supporting documents that was
July 14, 2021
Buhari
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Nigeria Loses $26.3bn To Maritime Crimes Yearly – Buhari

President Muhammadu Buhari has revealed that Nigeria loses $26.3 billion to maritime crimes annually. He made the disclosure on Tuesday at the commissioning ceremony of a maritime surveillance project, Falcon Eye Alignment, at the Naval Headquarters in Abuja. Represented at the event
July 14, 2021
Lamido Yuguda

SEC Hikes Fees For Issuing Houses, Others

The Securities and Exchange Commission (SEC) has proposed a N10million registration fee for issuing houses, underwriters and fund managers from the current N500,000. SEC made this known through a document posted on its website and titled “Exposure of proposed new rule and
July 13, 2021
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