President Muhammadu Buhari on Tuesday urged the Senate to approve N16 billion as a refund to the Borno State through the issuance of promissory notes. The president’s request letter was read by Senate President Ahmad Lawan at the plenary. He said the refund was for the construction of federal roads embarked upon by the Borno State government. The letter reads: …

The Deputy President of the Senate, Senator Ovie Omo-Agege has explained why he refused to pursue a third term senatorial ambition and opted for the governorship seat in Delta State. While playing host to old boys of his alma mater, St. George’s College Obinomba, Delta State, on Thursday, the Delta Central lawmaker stressed that eight years is enough to make …

The Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku has said that the Senate did not accused the agency’s Board and Management of corruption or misappropriation of N1.4 trillion. In a statement on Wednesday, in which explained the issues raised during Tuesday’s Senate probe of the agency’s budgets for 2021 and 2022, Ogbuku urged the public to …

The Senate has appealed to the Centre for Criminal Court, United Kingdom for clemency in the sentencing of Nigeria’s former Deputy Senate President, Ike Ekweremadu, and his wife, Beatrice. The plea is coming barely 48 hours before the sentencing of the former Deputy Senate President and his wife. Last year, Ekweremadu, 60, his wife Beatrice, 56, and Dr Obinna Obeta, …

The Senate has indicted the Bank of Agriculture in Kaduna over a N3.2 billion loan disbursed to 10 vendors to purchase tractors and other equipment for allocation to end users. The indictment was sequel to the 2016 report of the Auditor General of the Federation considered by the Senate Public Accounts Committee chaired by Senator Mathew Uhroghide. After an investigation …

The Budget Office of the Federation has been indicted for releasing  N19 billion to four unnamed agencies without approval of the Ministry of Finance the Senate has revealed. This is contained in the 2016 Report of the Auditor General of the Federation adopted by the Senate. According to the AuGF, the Budget Office violated extant financial regulations when it released the …

The Senate on Wednesday indicted 37 Ministries, Departments, and Agencies (MDAs) of the Federal Government for various financial infractions. The alleged offences are contained in the 2016 report of the Auditor General of the Federation (AuGF) which was adopted by the Senate. The resolution of the Red Chamber followed its consideration of the report of the Senate Public Accounts Committee …

The Senate on Tuesday rescinded its decision on the financier of the Kaduna- Zaria-Kano railway project in the country from the China Exim Bank to the China Development Bank. With this development, the Senate has harmonised the terms of the 2016-2018 Federal Government’s external borrowing plan for the project. The resolution was a sequel to a motion by Senator Sadiq …

The Senate, on Tuesday, gave the Ministry of Communications and Digital Economy a 48-hour ultimatum to account for the N13.9 billion it collected from service-wide votes from 2017 to 2021. The ultimatum given by the Senate Committee on Public Accounts to the Permanent Secretary of the ministry, William Alo, followed his failure to tender documentary evidence on how the N13.9 …

The Senate witnessed a rowdy session on Wednesday as the upper legislative chamber discussed a motion on the Naira Redesign Policy of the Central Bank of Nigeria (CBN), which was moved by the Chairman of its Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani. In the prayers to his motion, Sani urged the Senate to provide legislative …