Senate

Senate orders CBN to increase cash withdrawal limits as new naira enters circulation today

The Senate on Wednesday urged the Central Bank of Nigeria (CBN) to increase the cash withdrawal limits. The CBN had, on…

2 years ago

Auditor General report: 100 govt establishments risk zero allocation

About 100 government establishments, comprising ministries, departments and agencies face the risk of getting zero allocation in the 2023 budget…

2 years ago

Senate cautions CBN over cash withdrawal limits

The Senate on Wednesday asked the Central Bank of Nigeria (CBN) to exercise restraint on its latest policy on cash…

2 years ago

Court sacks Taraba senator for defecting to APC

A Federal High Court sitting in Jalingo, Taraba State, has sacked Senator Emmanuel Bwacha, representing Taraba South in the Senate…

2 years ago

N4.5tr debt: Senate to block AMCON debtors seeking elective offices

Though time awaits politicians indebted to the Asset Management Corporation of Nigeria (AMCON). The Senate plans to use the instrumentality…

2 years ago

Senate halts Defence ministry budget review as minister fails to appear

The Senate suspended review of the Ministry of Defence’s budget for 2023 on Tuesday after the Minister, Bashiru Magashi, failed…

2 years ago

Senate alarmed as agency spends N8.5bn, generates N410m, remits only N30m

The National Board for Arabic and Islamic Studies (NBAIS) is alleged to have been spending N8.5 billion yearly for its…

2 years ago

Attempts to legalise power rotation suffered setback

Attempts to legalise power rotation in the country, specifically across the six geo-political zones, yesterday, suffered a setback in Senate. The…

2 years ago

Senate rejects N6tn tax waivers in proposed 2023 budget

Senate Committee on Finance has opposed a N6 trillion tax and import duty waivers in the proposed 2023 budget. The…

2 years ago

NSITF gets Sept 22 to produce termite-eaten N17.15bn vouchers, others

The Nigeria Social Insurance Trust Fund (NSITF) has told the Senate that termites have eaten many of the vouchers of…

2 years ago