The Senate has approved the 2024–2026 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for implementation by the Federal Government. EKO HOT BLOG reports that the approval followed the presentation of a report by the Chairman of the Joint Committees on Finance, and National Planning & Economic Affairs, Senator Mohammed Sani Musa (Niger East). … Read more
The House of Representatives on Wednesday directed its Committees on Finance and Petroleum (Upstream and Downstream) to investigate reports from the Revenue Mobilisation Allocation and Fiscal Responsibility Commission alleging that the Nigerian National Petroleum Company Limited (NNPCL) withheld ₦8.48 trillion as claimed subsidies for petrol. EDITOR’S PICKS Japa: Russia Opens Doors to Migrants Amid Workforce … Read more
Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, has addressed why the federal government has yet to implement the Steve Oronsaye report. Speaking to reporters on Tuesday during a visit to the Nigeria Extractive Industries Transparency Initiative (NEITI) headquarters in Abuja, Gbajabiamila clarified that the government is carefully working out the necessary procedures to … Read more
President Muhammadu Buhari on Thursday approved the appointment of Dr. Ogbonnaya Orji as the Executive Secretary of the Nigerian Extractive Industries Transparency Initiative (NEITI) for a single term, five years. This was contained in a statement by the Director of Information in the office of the Secretary to the Government of the Federation, Willie Bassey. … Read more