Senator Uduaghan

Senate Uncovers $400m Intervention Funds In Banks

Feb 9, 2024. by Ekohot Editor

Eko Hot Blog reports that the Nigerian Senate said it has uncovered $400 million in intervention funds domiciled in banks and other financial institutions for a couple of years. Chairman of the Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, disclosed this during a session with the Nigerian Content Development and Monitoring Board (NCDMB). Akpoti-Uduaghan … Read more

NASS Probes $496 Million Payment For Itakpe Iron Ore Concession

Dec 15, 2023. by Ekohot Editor

Eko Hot Blog reports that the Joint Committee of the National Assembly on Steel Development has on Thursday passed a resolution to look into the $496 million payment by the federal government to an Indian company that failed to revive the Itakpe Iron Ore Company. The National Iron Ore Mining Company in Itakpe, Kogi State, … Read more