The Senate has hailed the federal executive for payment of what it described as a whopping sum of ₦4.83 trillion out of ₦30 trillion ways and means it obtained from the Central Bank of Nigeria (CBN), saying the flow of foreign direct investments is improving by the day. According to the Senate, besides, the CBN should also be commended as …

The Senate may be set to recall Senator Abdul Ningi from his three-month suspension. Two weeks ago, the upper legislative chamber slammed Ningi, a member of the Peoples Democratic Party representing Bauchi Central senatorial district, over his media interview where he alleged that the budget passed by the National Assembly for the 2024 fiscal year was N25 trillion, while the one …

The Senate, through its ad hoc committee probing the issuance of N22.7 trillion Ways and Means to the Federal Government during President Muhammadu Buhari’s administration by the Central Bank of Nigeria (CBN) has directed the apex bank to recover much of the N1.079 trillion given as loans to farmers under the Anchor Borrowers Loan Scheme. The N1.079 trillion given as …

The Senate on Wednesday resolved to name one of its committee rooms after the late Olubadan of Ibadanland, Oba Lekan Balogun. Oba Balogun, aged 81, died last Thursday, at the University College Hospital Ibadan two years after ascending the throne on 11th March 2022. The Senate’s resolution on the immortalisation of the late monarch was a sequel to a motion …

The Senate Ad-hoc Committee probing how the N30 trillion Ways and Means loans were obtained from the Central Bank of Nigeria (CBN) and spent by the former President Muhammadu Buhari-led administration says it has uncovered some infractions in the process of obtaining the overdraft. As such, the committee said it had concluded plans to summon the current CBN Governor, Olayemi …

The Senate has passed a Bill, which seeks to establish the National Youth Service Corps (NYSC) Trust Fund. The bill, among others, seeks to provide a sustainable source of funds for the NYSC, skill acquisition, training and empowerment of Corps members, training and retraining of the personnel of the scheme, development of camps and NYSC formations and facilities. The Bill …

National Association of Nigerian Students (NANS), has called for provision of study grants for Nigerian students in the bill seeking to establish the Nigeria Education Loan Fund (Nefund). NANS president, Lucky Emonele, made the call in Abuja at a public hearing on the repeal and re- enactment of 2024 Students Loans Access to Higher Education Bill 2024. The public hearing …

The Senate has condoled the military over the killing of the commanding officer of the 181 Battalion, two Army Majors, 13 other soldiers, and a civilian. Some youths ambushed and killed the officers and men of the 181 Amphibious Battalion of the Nigerian Army on a peace mission to the Okuoma community in Bomadi Local Government Area of Delta on …

The Senate, on Thursday, called on the Federal Government to expand its coverage of the National Health Insurance Scheme (NHIS) to cover patients with chronic kidney disease. It also urged the Federal Government and other stakeholders to launch extensive public awareness campaigns on kidney disease prevention, risks and unavailable treatment. The Senate’s resolutions were sequel to the adoption of a …

The Senate has suspended Senator Abdul Ningi over allegations of padding of the 2024 budget. Ningi, a member of the Peoples Democratic Party representing Bauchi Central senatorial district, was suspended for three months after a long stormy session in the red chamber. A member of the Appropriation Committee in the Senate, Senator Jimoh Ibrahim first moved the motion for Ningi’s …