The Senate again made history on Wednesday when it passed, in record time and for the fourth time, the 2023 national budget of about N21.8 trillion. The Upper chamber also passed a supplementary budget of about N819.5 Billion for 2022 and Finance Bill 2022. The Senate, on the request of the Executive, approved an extension…
The Senate, will tomorrow, Wednesday, March 23, 2022, consider a motion to discuss the recent judgment by a Federal High Court sitting in Umuahia, nullifying the provisions of Section 84(12) of the newly amended Electoral Act 2022 passed by the National Assembly. Justice Evelyn Anyadike, in a judgment, held that the Section of the Act…
President of the Senate, Ahmad Lawan, on Monday, said that revenue generating agencies of government are capable of generating and remitting N3 trillion naira annually to the coffers of the federal government if efforts are made to cut down on wasteful spending. Lawan made this known in an address delivered to declare open an interactive…
The Minister of Finance, Budget and Economic Planning, Mrs. Zainab Ahmed, has recently in Abuja said that the Federal Government is still in consultation with various stakeholders on the need to end fuel subsidy. Mrs. Ahmed said this during an interaction with the Senate President, Mr. Ahmed Lawan, Honourable Minister of State Petroleum, Timipriye Sylva,…
The Senate on Wednesday re-amended the Electoral Act (Amendment) Bill, 2021, passed by the National Assembly on November 18, 2021. The chamber in Clause 84(2) of the report approved direct, indirect primaries or consensus as procedure for the nomination of candidates by political parties for the various elective positions. It also approved the recommended Clause…
President of the Senate, Ahmad Lawan, has assured that the chamber would expedite action on the Electoral Act Amendment Bill having concluded all consultations on the President’s response. Lawan gave the hint on Tuesday in an address delivered at the start of plenary to welcome Senators back from the Christmas and New Year break. He…
The Senate on Wednesday passed an aggregate expenditure of N17,126,873,917,692 trillion naira as budget for the 2022 fiscal year. The passage followed the consideration of a report by the Appropriations Committee on the 2022 Appropriations Bill. Chairman of the Committee, Senator Barau Jibrin, said the revenue projection for the 2022 budget was predicated on the…
Governor of Rivers State, Nyesom Ezenwo Wike says the National Assembly lacks the temerity to override President Muhammadu Buhari’s refusal to sign the Electoral Act amendment bill because it is part of the All Progressives Congress (APC) scheme to deny Nigerians free, fair and transparent election in 2023. He said the only way for Nigerians…
President Muhammadu Buhari would on Thursday present the 2022 budget to a joint session of the National Assembly. The Deputy Senate President, Ovie Omo-Agege, gave the hint on Tuesday after reading and referring President Muhammadu Buhari’s submission of the revised 2022-2024 Medium Term Fiscal Framework to the Committee on Finance for legislative input. President Buhari…
By Wole Arisekola In Africa, most especially the South-Western part of Nigeria, it is believed that when a mother hen is crying out to the world that an eagle stole its chic, it is not because it can do anything to retrieve it but to let the world hear its voice. It is very sad…