senate Archives - Page 2 of 29

Senate warns MDAs of zero allocation for skipping hearings

Sharon EboesomiDecember 10, 20243 min

Committee members indicated plans to summon other agencies, including the NNPC and NEITI to address discrepancies in their submissions. The senate, through its finance committee, issued a stern warning on Monday, threatening to withhold 2025 budget allocations for government agencies that fail to appear for scrutiny of their 2024 expenditure records.. This warning came during an investigative hearing focused on internally generated revenue, fiscal accountability, and the overall state of Nigeria’s financial management system. The...

Senate

National assembly appoints Andrew Nwoba as senate clerk

Sharon EboesomiDecember 10, 20242 min

The new appointment of Andrew Nwoba as the Clerk of the Senate, takes effect from Wednesday, December 11, 2024. The National Assembly Service Commission (NASC) has announced the appointment of Andrew Nwoba as the new Clerk of the Senate. This was revealed in a press statement issued on Monday, December 9, 2024, by Emmanuel N. Anyigor, the Commission’s Deputy Director of Information. The appointment is set to take effect from December 11, 2024. Nwoba succeeds...

Senate

Tremors of tax bills and blackout blues | SENATE GIST TODAY

Sharon EboesomiDecember 5, 20244 min

Today, the senate addressed the country’s frequent grid collapses, electricity blackouts, and other issues centred around tax bills. BLACKOUT: Senate slams GenCos, TCN, and DisCos over grid collapse The Senate has strongly criticised power sector operators, including Generation Companies (GenCos), the Transmission Company of Nigeria (TCN), and Distribution Companies (DisCos), for failing to deliver reliable electricity, asserting that they have added no significant value to the sector. The Senate described the privatization of the power...

Senate

Tax Bills: Senate removes Monguno from review committee

Sharon EboesomiDecember 5, 20242 min

The change, implemented during Thursday’s plenary, came just 24 hours after the committee’s formation. The senate has revised the membership of the 10-man committee established on Wednesday to liaise with the presidency on contentious aspects of the tax reform bills and removed the chief whip, Sen. Tahir Monguno (APC, Borno north) from the committee. The change, implemented during Thursday’s plenary, came just 24 hours after the committee’s formation. The leader of the senate, Opeyemi Bamidele...

Senate

Pause on tax bills as minister faces probe | SENATE GIST TODAY

Sharon EboesomiDecember 4, 20245 min

Today, the senate summoned the minister of aviation and aerospace, Festus Keyamo, to address incessant flight delays and cancellations. It also set up a review panel to address contentious issues in the tax reform bills. Tax bills: Senate opts for further consultations The senate has instructed its finance committee to halt further action on the proposed tax reform bills pending the outcome of a high-level meeting with the Attorney General of the Federation (AGF). Announcing...

Senate

Tax bills: Senate asks finance committee to stay action, names review panel

Sharon EboesomiDecember 4, 20242 min

The finance committee is asked to stay action to allow a review panel harmonise divergent positions, ensuring the contentious tax bill align with national priorities The senate has instructed its finance committee to halt further action on the proposed tax reform bills pending the outcome of a high-level meeting with the Attorney General of the Federation (AGF). Announcing the decision during today’s plenary, Deputy President of the Senate, Barau Jibrin revealed that a special committee...

Senate

Oluyede’s confirmation, passage of MTEF | SENATE GIST TODAY

Sharon EboesomiDecember 4, 20242 min

The confirmation of Lieutenant-General Olufemi Olatubosun Oluyede for appointment as Chief of Army Staff and the debate and passage of the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) were the issues addressed in the senate Tuesday. Senate confirms Oluyede as COAS The senate has confirmed the nomination of Lieutenant-General Olufemi Olatubosun Oluyede for appointment as Chief of Army Staff (COAS). The confirmation followed the consideration of reports from the committee on Army...

Senate

‘Nothing to show for 60 taxes, levies collected’ – Presidential panel

Sharon EboesomiNovember 27, 20242 min

Oyedele stressed the need for urgent reforms, highlighting that businesses in Nigeria often pay taxes even when operating at a loss. Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has criticised the federal government for having little to show despite collecting over 60 taxes and levies across the country. Oyedele made this statement while addressing the senate during Wednesday’s plenary. This session occurred amid a tense atmosphere following...

Senate

Tax bills: ‘You will use your gavel, I will use my voice,’ Ndume slams Barau

Sharon EboesomiNovember 27, 20244 min

The lingering controversy over President Tinubu’s tax bills caused a row in the Senate today as Sen. Ndume slammed Deputy Speaker Barau Senate plenary on Wednesday escalated into a heated argument and shouting match as the controversial tax bills were introduced for debate, despite its absence from the order paper. The disagreement began when Senate Leader Opeyemi Bamidele raised Order 12(1), suspending senate rules to permit two tax experts, the Director General, Budget office, Tanimu...

Senate

Error in senate sack of tribunal chair and army chief nomination | SENATE GIST TODAY

Sharon EboesomiNovember 26, 20244 min

At today’s senate plenary, lawmakers addressed some issues, including an error they made earlier regarding the removal of the code of conduct tribunal chair, the nomination of the army chief, and the consideration of a bill. Tinubu seeks confirmation of new chief of army staff President Bola Tinubu has sent a letter to the senate seeking confirmation of Lt-Gen. Olufemi Olatubosun Oluyede’s appointment as the substantive chief of army staff. In the letter read...

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