The Senate on Wednesday approved President Muhammadu Buhari’s External Borrowing (Rolling Plan) request in the sum of $16,230,077,718, and €1,020,000,000. Also approved by the upper chamber was a grant component of $125 million. The loans are to be funded by the World Bank, China Exim Bank, industrial, and commercial...
Senate
By EZEKIEL OBI, Abuja – The Senate has received a formal request from President Muhammadu Buhari to confirm Professor Ayo C. Omotayo as Director-General of the National Institute for Policy and Strategic Studies (NISS). The request was contained in a letter read on Tuesday during plenary by the Senate...
By EZEKIEL OBI, Abuja – The Senate has confirmed the appointment of Mr Abdulazeez King (Kogi) and Mr Mohammed Baba (Bauchi) as Federal Commissioners in the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC). This followed the adoption of the report of the Senate Committee on National Planning and Economic...
The Senate has passed the Electoral Act Amendment Bill and approved the electronic transmission of results. The approval was given on Tuesday when the lawmakers resumed plenary after a three-week recess. A seven-man conference committee had been constituted by the Upper chamber to meet with members of the House...
By EZEKIEL OBI, Abuja – The Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Dr Orji Ogbonnaya Orji, has said that the agency had recovered over $3 billion dollars from underpayments by companies as against what government received. Orji made this known at the 2022 budget defence session before...