Senate cautions against supplementary budget and excessive loans amid naira depreciation

Senate cautions against supplementary budget and excessive loans amid naira depreciation

AGS NEWS – The Senate has cautioned the executive against enlarging the budget size through a supplementary budget, urging the government to utilize anticipated excess savings from the recent devaluation of the naira to address the deficit. This warning follows … Continue reading Senate cautions against supplementary budget and excessive loans amid naira depreciation

Senate investigates Nigerian customs service for alleged N62bn under remittance

Senate investigates Nigerian customs service for alleged N62bn under remittance

The Senate Public Account Committee has initiated an investigation into the alleged under-remittance of N62 billion in revenue by the Nigerian Customs Service (NCS). The revelation came to light through the 2017 Auditor General Report, currently under review by the … Continue reading Senate investigates Nigerian customs service for alleged N62bn under remittance

I withdraw my statement - Senate president, Godswill Akpabio, says after he publicly announced that a little token had been sent to senators as they go on vacation (video)

I withdraw my statement – Senate president, Godswill Akpabio, says after he publicly announced that a little token had been sent to senators as they go on vacation (video)

Senate President Godswill Akpabio swiftly retracted his statement upon realizing he was inadvertently being recorded while disclosing that a modest sum had been deposited into each Senator’s account as they commenced their vacation. The legislators had commenced their recess on … Continue reading I withdraw my statement – Senate president, Godswill Akpabio, says after he publicly announced that a little token had been sent to senators as they go on vacation (video)

Senate initiates probe into petrol subsidy payments, questions N9.3 trillion expenditure in 30 months

Senate initiates probe into petrol subsidy payments, questions N9.3 trillion expenditure in 30 months

The Nigerian Senate has decided to initiate a probe into the expenses incurred by the federal government during a 30-month period under the petrol subsidy regime. The resolution was reached during the plenary session on Tuesday, following a motion presented … Continue reading Senate initiates probe into petrol subsidy payments, questions N9.3 trillion expenditure in 30 months