land-transport

Senate Passes N4.695 Trillion Budget

The Nigerian senate has today passed the budget of the sum of N4.695 trillion for the 2014 fiscal year in excess of N53 billion from the initial N4.642 trillion proposed by the Executive. A breakdown of the total budget shows the approval of N2.454 trillion as recurrent expenditure while the capital expenditure got N1.119 trillion approval.
Senate Passes N4.695 Trillion Budget

AMCON Amendment Bill: Senate holds public hearing

In what looks unprecedented in the history of debt recovery and asset management in the banking industry, the Asset Management of Nigeria AMCON has said it has recovered 50 percent of banks’ non-performing loans.
AMCON Amendment Bill: Senate holds public hearing

Finance Minister submits 4.6 trillion naira budget proposal

True to speculations that President Goodluck Jonathan may not present the 2014 budget estimates before the joint session of the National Assembly, the Minister of Finance and the co-ordinating minister of the economy, Dr Ngozi Okonjo-Iweala, has today presented a N4.6 trillion budget estimates excluding...
Finance Minister submits 4.6 trillion naira budget proposal

Senate & House Committees on Interior hold public hearing on CJS

The Senate and House of Representatives Committees on Interior have held a Joint Public Hearing at the Senate wing of the National Assembly on the Criminal Justice System.
Senate & House Committees on Interior hold public hearing on CJS

Service Chiefs confirmed, 2014 budget debate continues

The Nigerian Senate today has confirmed the nomination of service chiefs. Standing in the name of Senator George Thompson Sekibo-Rivers East, motion was made that the Senate do consider the Report of the Joint Committee on Defense, Army & Navy; and Air force on the screening of the nominees
Service Chiefs confirmed, 2014 budget debate continues

Nigeria At 55: Senate Hails Nigerians

The Senate today has hailed the resilience of Nigerians today on the occasion of her 55th Independence anniversary.

In a motion: Congratulations to Nigeria on her 55th Independence Anniversary as moved by the Deputy senate leader, the senate notes that on Thursday, 1st October, 2015, Nigeria will mark her 55th Independence Anniversary having attained Independence from Britain on October 1, 1960.

Appreciates that from May 29, 1999 till date, Nigeria at 55 has had the longest reign of democratic government in her political history;

Aware that while we may have had our challenges as a nation, we are moving forward as one nation indivisible in character and aspiration;

Acknowledges that we have a task to ensure that the labors of those who made this independence possible and those who work tirelessly to keep us united will not be in vain;

Agree that while we have come this far, our vision of the future must be kept bright with hard work and dedication;

Remember our heroes of independence and democracy, those whose blood and sweat got us this far and celebrate them even today; and

Charge ourselves to continue to demonstrate commitment to our unity and oneness as a nation of free citizens.       

After the debate, the senate resolved to congratulate the President, Commander-in-Chief of the Armed Forces of the Federation, President Muhammadu Buhari, GCFR, the Government and people of Nigeria on the 55th Independence Anniversary of Nigeria while observing a minute silence in honor of Nigeria’s past heroes and urged the Federal Government that the 55th Independence Anniversary Celebration should be low key in view of the tragedies in Saudi Arabia.

Earlier, the senate President announced that he had received a letter from the South-West caucus of the All Progressive Congress (APC) nominating Senator Olusola Adeyeye (Osun Central) as the Chief Whip of the senate.

The Senate President referred public petitions from Senator Mao Ohuabunwa and Senator Gil Nnaji to the public petitions committee.

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