Osinbajo, NNPC executives, others meet oil majors on PIB
Vice-President Yemi Osinbajo has met with some stakeholders in the oil and gas industry in continuation of the Federal Government’s consultations ahead of the passage of the Petroleum Industry Bill (PIB) currently before the National Assembly. A statement by Osinbajo’s…
Confusion, ‘four more years!’, ‘no more years!!’ greet Buhari’s budget at NASS
It was a costly drama laced with breach of protocols and shouting match as President Muhammadu Buhari on Wednesday, December 19, 2018, presented 2019 Appropriation Bill at the Joint seating of the National Assembly. The breach of protocol was observed…
Confusion looms as NCC mulls return of rejected social media gagging bill
Strong indication emerged Thursday in Daura, the Katsina State capital, signaling fresh move by the telecoms regulator, the Nigeria Communications Commission (NCC) to introduce again, a law that will regulate the social media platforms. Raising the already dead issue, the…
Green light appears as NASS committee concurs to N143bn election budget
Early signal that the 2019 general election would not suffer paucity of fund emerged at the National Assembly on Monday as the Joint Committee on Electoral Matters concurred to the N143 billion Independent National Electoral Commission (INEC) budget as presented…
As of today, there is no existing contract for the 2nd Niger Bridge—NASS
…Reveals that budget for bridge in 2016/17 not used for it by FG Contrary to all presidential promises on the delivery of second Niger Bridge based on budgetary allocations in both 2016 and 2017, the National Assembly has revealed that…
Does Buhari’s remarks on 2018 budget mean early failure signal?
Since the signing into law of the 2018 N9.1tn budget on Wednesday, financial analysts had been reviewing the real meaning of President Muhammadu Buhari’s remarks which were not so encouraging in the first instance. President Buhari had regretted that some…
NASS, presidency differences getting messier with impeachment threats, fresh conditions
Recent developments between the presidency and National Assembly is about to take a worrying dimension as the joint session of both arms of the legislature, held behind closed doors presided over by Senate President Bukola Saraki is considering commencing impeachment…
Serious realignments begins at National Assembly as APC loses 2 to PDP on Wednesday
Just as the Chairman, House of Representatives Committee on Interior, Adams Jagaba, has dumped the ruling All Progressives Congress (APC) for the opposition Peoples Democratic Party (PDP) on Wednesday plenary, vociferous politician and Senator representing Kogi West Senatorial district, Dino…
Jerking up 2018 budget oil benchmark can backfire on sustained drop in price—Experts
Many financial analysts have started picking holes on the increasing of the 2018 oil benchmark from $45 to $51, saying the galloping oil price should not be allowed to deceive government budgetary plans because the indices favouring it do not…
Expert lists demerits of delayed budget passage, decries Thursday’s postponement
Development economist, Dr. ken Igboanugo, has decried what he described as dumping of national interest for party activities by the National Assembly following the cancellation of Thursday’s plenary to allow members of the All Progressives Congress (APC) caucus to prepare…
