Ways and Means

Emefiele In Hot Water As Senate Launches Probe Into N30 Trillion ‘Ways And Means’

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CBN

Eko Hot Blog reports that the Nigerian Senate has disclosed plans to summon former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, regarding the N30 trillion ‘Ways and Means’ advances issued during President Muhammadu Buhari’s administration. This decision comes in the wake of inadequate explanations from the current CBN leadership regarding the transactions. Editor’s Picks  … Read more

Senate Rejects CBN Loans, Warns Tinubu Against Illegal Spending On CNG Initiative

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EKO HOT BLOG reports that President Bola Ahmed Tinubu has requested the Senate to confirm three additional ministerial nominees. The president made the request in a letter written to the Senate President, Godswill Akpabio, and read on the floor of the Senate during Tuesday’s plenary. In the letter read by Akpabio, President Tinubu asked the Senate to confirm Dr. Jamila Bio, Balarebe Abbas and Olawale Olawande as ministers of the Federal Republic of Nigeria. Click to watch our video of the week https://youtu.be/RHJzMaN-07I?si=Eg0HnMkxDg4PzZi5

EKO HOT BLOG reports that the Senate, on Tuesday, warned President Bola Tinubu against illegal spending and advised him to seek a supplementary budget for its Compressed Natural Gas initiative. The Senate through its Committee on Gas, led by Senator Jarigbe Jarigbe, urged the executive arm of government to expeditiously present a 2023 Supplementary Budget … Read more

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