Senate Set to Approve Tax Reform Bills Today
The Senate is expected to pass the tax reform bills submitted by President Bola Tinubu to the National Assembly today (Tuesday). Two senators, speaking anonymously, confirmed the development, stating that the process was delayed due to the Rivers State emergency issue but is now set for approval. The bills—Nigerian Tax Bill, Tax Administration Bill, Revenue […]
Senate ready to Approve $2.2bn Tinubu’s Loan Request
The Nigerian Senate is poised to approve President Bola Tinubu’s $2.2 billion (approximately N1.77 trillion) loan request today. The loan is part of the external borrowing plan to fund the N28.7 trillion 2024 budget and address a N9.7 trillion deficit. Senate President Godswill Akpabio tasked the Committee on Local and Foreign Debts with reviewing the […]
Senate Denies DSS Invasion of NASS Over Alleged Impeachment Moves
The Nigeria Senate has debunked rumours of impeachment plot against the President of the Senate by unknown “aggrieved Senators. Reacting to an online publication which claimed that there were underground moves to remove him from office, Senate President, Godswill Akpabio Described such reports as fake and should be totally disregarded. Our correspondent, Raliat Adenekan reports […]
Senate raises alarm over substandard petroleum products
Senate today raised an alarm over the alleged influx of substandard Premium Motor Spirit, popularly known as petrol, and Automotive Gas Oil or diesel into the country’s market. In a matter of urgent national importance, Senator Asuquo Ekpeyong observed that on June 16, a report revealed that 12 diesel cargoes conveying 660 kilotons of the […]
Senate approves Death Penalty for Drug Traffickers
The Senate has approved the death sentence as penalty for drug traffickers in the country, as it passes through the third reading, the 2024 NDLEA Act (Amendment) Bill. The proposal was adopted today when the Senate dissolved into a clause-by-clause consideration of a report from Senator Tahir Munguno, Chairman of the Committees on Judiciary, Human […]
Senate pass new Student Loans Act
Senate today passed the Student Loans Access to Higher Education Act (Repeal and Re-Enactment) Bill, 2024, a week after it was first presented. This followed after the Senate considered and approved a report submitted by the Chairman, Committee on TETFUND, Mohammed Muntari. The new act will enhance the implementation of the Higher Education Student Loan […]
‘’Nigerian roads are bad’’ – Senate Justifies Purchase of SUVs
Members of Nigerian senate have decided to surge on with their quest for brand new luxury vehicles for its members. The Senator representing Kogi West, Karimi Sunday while defending the plan to purchase these vehicles said the Nigerian roads are bad. He further added that ministers have more than 3 SUVs yet no one criticizes […]
Senate denies padding supplementary budget
The 10th Senate said reports that it padded the supplementary budget, which was passed into law last week, were mischievous. The upper legislative chamber was reacting to reports in some online news outlets that the sum of N70 billion was padded into the supplementary budget as a “gift” from the executive arm of government. In […]
