The Senate has confirmed the appointment of board members of the Nigerian Upstream Regulatory Commission.
The Senate on Wednesday confirmed the appointment of board members of the Nigerian Upstream Regulatory Commission (NURC). The agency will replace the Department of Petroleum Resources (DPR). The confirmation of the nominees followed the consideration of a report by the Senate Committee on Petroleum Resources. The nominees confirmed include Isa Modibbo – Chairman; Gbenga Komolafe…
Finance, energy and tax experts, yesterday, raised concerns over the inability of the Federal Government to harness existing opportunities in the country before resorting to borrowing as oil companies....
The Senate, yesterday, enjoined all multinational and Nigerian oil and gas companies to relocate to their operational bases. The decision followed the adoption of a motion jointly sponsored by Senator Albert Bassey Akpan ...
The Southern and Middle Belt Alliance (SaMBA) has advised the Senate to redeem its image through the Conference Committee on the amendment of the Electoral Act set up by the Senate President, Ahmad Lawan, on Wednesday.
The Senate, yesterday, endorsed the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF-FSP).
Senate President, Ahmad Lawan, has strongly defended the decision to rely on foreign loans to fund developmental projects in the country.
President Muhammadu Buhari has written the Senate to confirm appointments of the secretary and board members of the Economic and Financial Crimes Commission (EFCC).
The group noted that Buhari recently sought the approval of the National Assembly to borrow $4,054,476,863 billion and €710 million, citing emerging needs.
The Senate, yesterday, gave a marching order for the expeditious implementation of the Petroleum Industry Act (PIA).
Nigeria President Muhammadu Buhari is seeking the approval of the National Assembly to borrow another $4 billion ($4,054,476,863) and €710 million loan from bilateral and multilateral organisations to fund the deficit in the 2021 budget.