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Senate on collision course with Buhari

.Sets to override President’s veto on Constitution Amendment, Industrial Dev (Income Tax Relief) bills .Reconsiders 11 bills, withdraws 4 bills Tunde Opalana, Abuja Barely two months to the expiration of the 8th National Assembly, the Senate is set for another showdown with the Executive arm of government by challenging the power of President Muhammadu Buhari […]
Headlines Nigeria

At last, Senate passes 2019-2021 MTEF, FSP

…Orders Appropriation C’ttee to lay report today …Recommends 2.3mbpd, $60 per barrel benchmark, N305 per dollar exchange rate, others Tunde Opalana, Abuja As Nigerians await the passage of the 2019 budget, the Senate on Tuesday passed the 2019-2021 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). This followed the submission of
Headlines Nigeria

Reps probes NBET over N90bn loss

…Accuses agency’s management of illegal contract awards …Alleges statutory breaches, violations Henry Omunu, Abuja The House of Representatives on Tuesday launched a probe into the over N90 billion loss incurred by the management of the Nigerian Bulk Electricity Trading Plc (NBET) following alleged financial irregularities and breaches, resulting in the loss of
Headlines Nigeria

PDP queries FG over N24.38tr debt profile

…Demands NASS Investigation Tunde Opalana, Abuja The Peoples Democratic Party (PDP) has queried the All Progressives Congress (APC)-led Federal Government and the Buhari Presidency over alleged unwholesome borrowings leading to the escalation of the nation debt stock from N12.12 trillion in 2015 to N24.38 trillion in 2018. The party described as saddening and