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The Senate, on Tuesday, said the review of the 2020 budget passed by the National Assembly has become inevitable as a result of tumbling oil prices amidst the coronavirus outbreak.
The Senate on Tuesday constituted a joint committee to liaise with the Executive over the dwindling international oil price as it affects the implementation of the 2020 Appropriation Act.
The Federal Government has revealed that the sum N86 billion has been paid to members of academic unions of the tertiary institutions as earned academic allowances between 2013 to 2019 financial years.
Civil Society Legislative Advocacy Centre (CISLAC) has urged the National Assembly to strengthen its legislative oversight on defence in order to restore integrity, reduce leakages and promote accountability in the defence and security sector.
A Civil Society Organization (CSO) under the aegis of Civil Society for Human Rights and Rehabilitation has petitioned the legislative arm of Abuja Municipal Area Council to investigate alleged infractions committed by the chairman of the council, Hon. Abdullahi Adamu Candido.
The increase of the Value Added Tax (VAT) rate from 5 per cent to 7.5 per cent has taken effect following the signing into law the Finance Bill, 2019, by President Muhammadu Buhari on Monday.
The Socio-Economic Rights and Accountability Project (SERAP), BudgIT, Enough is Enough (EiE) and 583 concerned Nigerians have filed a lawsuit asking the Federal High Court, Abuja to “restrain and stop President Muhammadu Buhari and Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning from releasing N37 billion allocated for the renovation of the National Assembly complex to the Federal Capital Development Agency and the National Assembly until an impact assessment of the spending is carried out.”
There were indications on Tuesday that paucity of funds available to the Federal Government to meet infrastructural needs, especially the implementation of the 2020 budget when passed, may compel the government to channel most of the funds so far recovered through its anti-graft policy into the budget.
Mahmood Yakubu, chairman of the Independent National Electoral Commission (INEC), says the commission followed the 2019 budgetary provision despite pressure to accommodate some of its activities.
A statement from the Debt Management Office (“DMO”) on Thursday said: “The proceeds of the Green Bond will be used to finance projects in the 2018 Appropriation Act, which will contribute to Nigeria’s commitments to the Paris Agreement on Climate Change.”
The House of Representatives’ Committee on Urban Development and Regional Planning on Thursday condemned the untidiness and errors in the 2019 budget proposal presented by the Urban and Regional Development of the Federal Ministry of Power, Works and Housing.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed that it had commenced probe of federal government parastatals.
The Nigerian National Petroleum Corporation (NNPC) insists there is nothing illegal about the withdrawals made from Nigerian Liquefied Natural Gas (NLNG) Dividend Account
Nigerian National Petroleum Corporation (NNPC) threatens to seek legal interpretation on whether it has right to withdraw funds from Nigeria LNG Dividend Account without the approval of National Assembly
The Nigerian Governors Forum on Monday said it will meet on Wednesday to chart a way out of the second wave of the pandemic as schools reopen across the country.
Biden has made his family a major focus throughout his career, and his 2020 presidential campaign thrust them fully into the spotlight — with some members causing controversy but others breaking barriers.
The Chairman House Committee on information, Hon. Aminu Zakari Tsubut, who disclosed the news in Dutse, said the house received with great shock the demise of one of their patriotic and selfless members in the person of Hon. Adamu Babban Bare.
As schools in Borno reopen today, Governor Babagana Zulum has approved the release of N624 million for the payment of scholarship to students in tertiary institutions.
Lagos records 901 cases of COVID-19 on Sunday, the highest number of daily infections to be recorded by the State since the virus was first confirmed in the country on February 27.
U.S. prosecutors say they have identified more than 170 people for potential criminal charges in connection with the January 6 storming of the U.S. Capitol and that they expect that number to run into the hundreds in the coming weeks as a massive nationwide hunt for the pro-Trump rioters continues.
The Abuja division of the Federal High Court on Wednesday struck out a suit challenging the legitimacy of the Interim Management Committee (IMC) for the Niger-Delta Development Commission (NDDC).
The former president said, “He was as passionate in his defence of Nigerian unity as he was devoted to his roots. No wonder, he actively promoted the history and culture of his local community who also immensely benefited from his wise counsel and generosity.”
The Global Igbo Leaders had another Zoom meeting on 3rd January 2021 and further recommend that a properly constituted Ohanaeze Ndigbo Caretaker Committee be established to run the affairs of Ohanaeze Ndigbo from the 10th of January 2021.
The 43KM Obajana-Kabba road constructed by Dangote Industries Limited (DIL), has been described by motorists as the country’s most strategic highway that is aiding travellers between the North and the South.