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House C’ttee recovers additional ₦11.49bn from Oil Coys, total recovery now, N61.5bn

By Tom Okpe The House of Representatives’ Public Accounts Committee, PAC, has additionally, recovered ₦11,488,761,099.00 from oil and gas companies with outstanding obligations to the Federal Government. The House spokesman, Rep Akin Rotimi made this declaration on Tuesday in Abuja, saying, “this recovery has brought up a total of ₦61.5 billion, secured by the
Politics

House passes Bill to Regulate Gaming Operations, Enhance Revenue, Through Second Reading

By Tom Okpe The House of Representatives has passed through second reading, a Bill seeking to create comprehensive and harmonised regulatory framework for the operation and business of all forms of online and remote gaming that transcend State boundaries and extend beyond Nigeria’s borders. The proposed legislation titled, “Bill for an Act to Repeal the […]
Politics

Budget Defence: Ministry, Agencies reviews 2024, outlines ’25 projections

By Tom Okpe The Federal Ministry of Environment and its agencies have urged the House of Representatives to increase their budgetary allocations for 2025, while reviewing it’s 2024 allocation. The Ministry, alongside its agencies, the National Park Service, Environmental Health Council of Nigeria, EHCON, the National Oil Spill Detection and Response Agency, NOSDRA,
Politics

House C’ttee demands proper revenue, details of expenditure from ICRC, NERC others

By Tom Okpe The House of Representatives Committee on Finance has directed Infrastructure Concession Regulatory Agency, ICRC, Nigeria Electricity Regulatory Commission, NERC, Nigeria Sugar Development Commission, NSDC, to provide details of their budget performances in order to ascertain their level of compliance with extant financial regulation, laws. The directive was
Politics

HoR queries WAEC over N6bn deficit

By Tom Okpe The House of Representatives Committee on Basic Examination Bodies, has queried Head, National Office, West African Examination Council, WAEC, Nigeria, Josiah Dangut, over a N6 billion deficit, the agency incurred in 2023. Dangut was accompanied by the Registrar; Angus Okeleze, Senior Deputy Registrar; Victor Odu, Acting Director of Finance; Segun Jerumeh,
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Reps blow hot

..Query Accountant General over payment of N15bn to Remita ..To probe sale of Govt aircraft to individuals ..Accuse CBN of complicity BY TOM OKPE The House of Representatives Public Accounts Committee (PAC) has queried the payment of N15 billion to Remita, a payment platform from the Office of the Accountant General for the Federation (OAGF). […]