Reps Demand Action on Nine-Month Gas Seepage
By Oluwakemi Kindness The House of Representatives has demanded urgent action to end the gas seepage that has persisted for about nine months in Bille Community, Rivers State. The House Committee on South-South Development Commission also commenced an investigation into an oil spill affecting Odidi Federated Community in Delta State, which has reportedly continued for […]
EFCC Recovers N115bn in Outstanding NDDC Levies
By Anayo Akwitti The Economic and Financial Crimes Commission (EFCC) has recovered over N115 billion in outstanding statutory levies owed to the Niger Delta Development Commission (NDDC) by oil companies between 2021 and 2023. The commission disclosed this on Wednesday while appearing before the Senate Committee on Public Accounts, which is investigating findings from the […]
Agbese: National Assembly Initiated State Police Bill
By Oluwakemi Kindness The National Assembly began work on the proposed state police system before the Federal Government introduced its own bill, Deputy House spokesman Philip Agbese says. Agbese said lawmakers had been considering state police legislation for some time. He said the executive’s bill now provides an opportunity for both arms of government to […]
Ebonyi Passes Law Regulating Rent, Scrap Trade
By Oluwakemi Kindness The Ebonyi State House of Assembly has passed a law regulating scrap trading, residential rent and property agency fees across the state. The Ebonyi State Sale of Scraps, House Rent, and Agent Fees Regulation Law 2026 was passed on Tuesday. The law took effect immediately after the Assembly approved it on August […]
Senate Panel Gives Four Oil Firms 48-Hour Ultimatum
By Anayo Akwitti The Senate Public Accounts Committee (SPAC) has given Seplat Energy, Network E&P Nigeria Limited and two other oil companies 48 hours to appear before it and respond to queries raised in the 2021, 2022 and 2023 audit reports of the Nigeria Extractive Industries Transparency Initiative (NEITI). The other companies summoned are All […]
Senate Panel Steps Up Efforts to Strengthen Financial System
By Al-Kadriyar Abdullahi The Senate Committee on Banking, Insurance and Other Financial Institutions has stepped up engagement with financial regulators and industry stakeholders to strengthen Nigeria’s financial system and promote economic stability. This is as the committee held an expanded stakeholders’ engagement in Lagos at the weekend, bringing together officials from the Central Bank of […]
Senate: Customs Using Public Funds Responsibly on Reforms
By Oluwakemi Kindness The Senate Committee on Customs and Excise says its inspection of Nigeria Customs Service facilities has convinced lawmakers that public funds allocated to the Service are being responsibly used to drive reforms and modernisation. The committee chairman, Senator Isah Jibrin, made this known during a two-day retreat between the committee and the […]
Reps Minority Criticizes Tinubu Over Osun EFCC Action
By Oluwakemi Kindness The House of Representatives Minority Caucus has criticized President Bola Tinubu over his directive to the Economic and Financial Crimes Commission (EFCC) to unfreeze the Osun State Government’s bank accounts. The caucus described the President’s intervention as a “panicky, belated afterthought” prompted by public outrage rather than respect for the rule of […]
PFIPC: State House Disowns Documents, FRSC Admits 7 Plates
By Oluwakemi Kindness The State House has denied any involvement in the purported Presidential Foreign Investment Promotion Council (PFIPC), saying it neither created nor recognised the council. The disclosure was made on Thursday before the House of Representatives committee investigating the activities of the council. The State House Director of Administration, Abdulkadri Idris, said his […]
RMAFC: Nigeria Spent N1.16tn on Fuel Subsidy in 2021
By Anayo Akwitti The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr Mohammed Bello Shehu, says Nigeria spent N1.16 trillion on fuel subsidy in 2021, while N1.20 trillion was deducted from the Federation’s crude oil sales proceeds during the same period. Shehu disclosed this on Thursday while appearing before the Senate Public […]