Estimated Reading Time: 2President Muhammadu Buhari, on Tuesday, urged the Senate to approve a new external loan of N2,343,387,942,848.00, about $6.183billion, for the Federal Government to finance the 2021 budget deficit. Senate President, Ahmad Lawan read Buhari’s letter of request on the floor of the Senate at plenary. Last Month,[Read More…]
Tag: Nigerian senate
Breaking: Nigerian Senate approves establishment of an agency for solid mineral resources
Estimated Reading Time: 2The Senate on Tuesday approved the establishment of an agency for the development of solid mineral resources in the country. The approval followed a robust debate on a bill sponsored by Senator Tanko Al-Makura, which seeks to encourage investment and foreign exchange earnings for the country. It[Read More…]
“Port Harcourt refinery is dead. Not only moribund, but dead” – Dino Melaye slams Buhari
Estimated Reading Time: 1A former senator of the Federal Republic of Nigeria, has Thursday, called on President Muhammadu Buhari to rescind the decision to spend $1.5bn on renovating the Port Harcourt refinery. The former senator Melaye was reacting to Wednesday’s decision reached by the Federal Executive Council (FEC), approval of[Read More…]
Despite allegations, we did not investigate new EFCC boss before confirmation – Senate Chairman on anti-corruption
Estimated Reading Time: 2The Senate has disclosed that it did not investigate the corruption allegations levied against the latest Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa before confirmation. The Chairman of the Senate Committee on Anti-corruption / financial crimes, Suleiman Kwari stated this when he appeared[Read More…]
Breaking: Nigerian Senate confirms Ahmed Lawan Kuru as the managing Director of AMCON, others
Estimated Reading Time: 1The Senate has Wednesday, confirmed the nomination of Ahmed Lawan Kuru as Managing Director of the Asset Management Corporation of Nigeria (AMCON) and two others as the executive directors. The Nomination of Ahmed Lawan Kuru is CONFIRMED as Managing Director of the Asset Management Corporation of Nigeria[Read More…]
Breaking: The Senate has passed a N13.588 trillion 2021 budget
Estimated Reading Time: 1The National Assembly has passed the 2021 Appropriation Bill Monday, raising the total estimated from the proposed N13.08tn to N13,588,027,886,175, an increase of over N500bn. President Muhammadu Buhari had submitted a N13.082 budget to a joint session of the National Assembly on October 8th, 2020. The 2021[Read More…]
Nigerian senate asks Buhari to Immediately address citizens #EndSARS
Estimated Reading Time: 1The Nigerian Senate has asked President Muhammadu Buhari to immediately address citizens over the ongoing #EndSARS protests in the country. The resolution followed a motion sponsored by Biodun Olujimi, a lawmaker representing Ekiti South. The Senate also directed the police to offer protection to the #EndSARS protesters[Read More…]
Nigerian Senators reject Buhari’s nominee as PENCOM DG
Estimated Reading Time: 1The decision by President Muhammadu Buhari to seek the Senate’s approval for the appointment of Aisha Umar, as the Director-General of the National Pension Commission, has caused a division among the senators. Some senators, on Tuesday, vehemently protested the nomination as soon as the Senate President, Ahmad[Read More…]
Only Buhari can sack Service Chiefs – Presidency replies Senate
Estimated Reading Time: 1The Presidency on Tuesday said that the decision to appoint or sack Service Chiefs was President Muhammadu Buhari’s prerogative. The Presidency also said that President Buhari, in his capacity as Commander-in-Chief of the Armed Forces, will do what is in the best interest of the country at[Read More…]
Senate passes bill prescribing life imprisonment for kidnappers – Removes gender restrictions, says men or women can be raped
Estimated Reading Time: 2The Nigerian Senate on Tuesday passed a bill prescribing life jail for persons found guilty of kidnapping. According to the Senate, the life imprisonment is against the provisions of section 364 of the Act, which proffer the punishment of imprisonment for a term of ten years, where[Read More…]
