Committee on Finance
House of Reps give seven days for MDAs, TELCOs to appear before it
The House of Representatives has giving seven days ultimatum to all heads of Ministries Departments and Agencies of the Federal Government, as well telecommunication companies yet to honour its summons to appear before its Committee on Finance or risk arrest.
Revenue loss: House of Reps threaten telco chiefs with arrest
The House of Representatives has given the Chief Executive Officers of telecommunications service providers a seven-day ultimatum to appear before its Committee on Finance.
Forex racketeering: House of Reps probe CBN, FIRS, others over $30 billion leakages
The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal Inland Revenue Service over alleged racketeering in the allocation of foreign exchange to companies.
Senator Adeola appointed APC NEC member
Sen. Solomon Adeola, the chairman of the Senate Committee on Finance has been appointed into the National Executive Committee (NEC) of the All Progressives Congress, APC.
House of Reps orders Centre to remit N542 million within 21 days
The House of Representatives Committee on Finance has asked the Centre for Management Development (CMD) to remit N542 million to federal government within 21 days .
Rep: NIGCOMSAT chief too incompetent to run agency
The House of Representatives Monday dismissed as grossly incompetent, the management of the Nigerian Communications Satellite, NIGCOMSAT, Ltd, over their failure to account for revenues generated by the agency from 2012-2019.
Debts from 19 states delay NECO remittances to federal government
The National Examination Council (NECO) Wednesday disclosed that the debt owed it by 19 states has affected its remittances to the Federation Account.
House of Reps applauds Customs’ enviable IGR performances
The House of Representatives Committee on Finance on Thursday, commended the Nigerian Customs Service (NCS), over the enviable performances it has continued to record in its Internally Generated Revenue (IGR) since the year 2015.
Senate confirms Muhammad Nami, 13 others as FIRS board members
The Senate on Wednesday confirmed the nomination of Muhammad Nami as the Executive Chairman, Federal Inland Revenue Services and 13 others as board members.
Senate seeks legal backing for constituency projects in national budget
The Senate on Wednesday sought to provide legal backing to the provision of Constituency Projects in Nigeria’s annual budget by a minimum of 20 per cent.
Senate seeks legal backing for constituency projects in national budget
The Senate on Wednesday sought to provide legal backing to the provision of Constituency Projects in Nigeria’s annual budget by a minimum of twenty percent.
Senate mandates committee to investigate issues on foreign vessels
The Senate on Wednesday at the plenary mandated its Committee on Local Content to investigate reasons for the dominance of foreign vessels above locally owned and registered vessels in the domestic carriage of petroleum products within coastal inland waterways of Nigeria.
Senate begins confirmation process of new FIRS chairman, board members
The Senate on Wednesday began the confirmation process of Mohammad Mamman Nami as the Chairman, Federal Inland Revenue Service, FIRS.
Lagos assembly approves N250 billion loan for capital projects
The Lagos House of Assembly on Friday granted approval for Governor Babajide Sanwo-Olu to access a loan of N250 billion for capital projects in the state.
Senate approves 7.5% VAT increase
The Senate passed the 56 amendments on the 2019 Finance Bill but some senators kicked against the increase in VAT during the presentation and consideration of the report of the Senate Committee on Finance.
Senate panel rejects central bank team at investigative hearing
The Senate Committee on Finance on Monday prevented the representatives of the Central Bank of Nigeria Governor, Godwin Emefiele, from addressing it on the issue of exchange rates for funding key projects.
Senate summons central bank chief over exchange rates for infrastructure projects
The Senate Committee on Finance has summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it on Monday.
Central bank governor to appear before Senate committee today
The Senate Committee on Finance has summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it on Monday (today).
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NCF not a political party yet – spokesman
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Nigerian government warns civil servants against flouting coronavirus guidelines
The Federal Government has warned federal civil servants against flouting the workplace guidelines put in place to flatten the curve of coronavirus pandemic in the country.
Former Enugu SSG Samson Ukpabi passes on
A former Secretary to Enugu State Government and former Rector Nigerian Defence Academy (NDA), Kaduna Prof Samson Ukpabi is dead.
US Sunbelt mayors push back against Trump’s virus optimism
US Sunbelt mayors warned Sunday that their cities are at risk of being overwhelmed by a surge of coronavirus cases as they pushed back against US President Donald Trump’s attempt to minimize the gravity of the spreading virus.
Ondo governor appoints two new aides
Gov. Oluwarotimi Akeredolu of Ondo State has approved the appointment of Mr Oluwole Moneyin and Mrs Charity Thiti, as Special Assistants on special duties and women mobilisation respectively.
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Ray Hushpuppi faces 20 years in US prison
The United States Department of Justice, Central District of California, Friday said Ramon Olorunwa Abbas, 37, popularly known as Hushpuppi on Social Media, made a court appearance in Chicago Friday, and will be transferred to Los Angeles, where his trial for conspiring to launder hundreds of millions of dollars in cybercrime proceeds would begin in the coming weeks.
Leroy Sane set to complete €49 million move to Bayern Munich
Manchester City winger Leroy Sane is set to complete a move to Bayern Munich after the two clubs agreed to a deal worth up to €60 million (£54.8m/$67m).
Zlatan Ibrahimovic on target as Milan severely dent Lazio title hopes
Veteran forward Zlatan Ibrahimovic, starting his first match since the coronavirus stoppage, converted a penalty to help AC Milan to an emphatic 3-0 win at Lazio on Saturday, severely denting the Serie A title hopes of their ragged opponents.
Malawi’s election cheer dampened by coronavirus surge
Malawi’s new President Lazarus Chakwera on Saturday ordered his inauguration ceremony be scaled down amid a surge of coronavirus cases, dampening excitement around his election win.
Edo reiterates commitment to open governance partnership
The Edo State Attorney-General and Commissioner for Justice, Professor Yinka Omorogbe, on Friday, reiterated Obaseki-led administration’s commitment to Open Governance Partnership, OGP, in adding value to lives of the people in the State.