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Senate Passes N4.695 Trillion Budget

The Nigerian senate has today passed the budget of the sum of N4.695 trillion for the 2014 fiscal year in excess of N53 billion from the initial N4.642 trillion proposed by the Executive. A breakdown of the total budget shows the approval of N2.454 trillion as recurrent expenditure while the capital expenditure got N1.119 trillion approval.
Senate Passes N4.695 Trillion Budget

AMCON Amendment Bill: Senate holds public hearing

In what looks unprecedented in the history of debt recovery and asset management in the banking industry, the Asset Management of Nigeria AMCON has said it has recovered 50 percent of banks’ non-performing loans.
AMCON Amendment Bill: Senate holds public hearing

Finance Minister submits 4.6 trillion naira budget proposal

True to speculations that President Goodluck Jonathan may not present the 2014 budget estimates before the joint session of the National Assembly, the Minister of Finance and the co-ordinating minister of the economy, Dr Ngozi Okonjo-Iweala, has today presented a N4.6 trillion budget estimates excluding...
Finance Minister submits 4.6 trillion naira budget proposal

Senate & House Committees on Interior hold public hearing on CJS

The Senate and House of Representatives Committees on Interior have held a Joint Public Hearing at the Senate wing of the National Assembly on the Criminal Justice System.
Senate & House Committees on Interior hold public hearing on CJS

Service Chiefs confirmed, 2014 budget debate continues

The Nigerian Senate today has confirmed the nomination of service chiefs. Standing in the name of Senator George Thompson Sekibo-Rivers East, motion was made that the Senate do consider the Report of the Joint Committee on Defense, Army & Navy; and Air force on the screening of the nominees
Service Chiefs confirmed, 2014 budget debate continues

Senate Joint Committees visit Benue, Plateau and Nassarawa State

The Senate Joint Committee on Intelligence, Defence, Police Affairs and Interior has visited flash points in Benue, Plateau and Nassarawa States for on-the-spot assessments.

Receiving the Committee in audience, the Benue State Governor, Rt. Hon. Gabriel Suswan stated that the escalation in the crisis is due to a combination of factors, chief of which was that mercenaries were involved in the indiscriminate killings of people and destruction of properties. He said, it was unimaginable for diverse ethnic groups that had lived and intermingled amongst themselves for ages to turn on each other in such barbaric manner.

He stated that, “these people are not sparing anybody” pointing that it is simply an invasion. The level of killings, destruction and rustling of cows is massive.

Senator Muhammad Magoro, Chairman of the Joint Committee and leader of the delegation encouraged the people to return to their farms. He further stated that the incidence of killings and destruction is unfortunate but gave assurances that Government will do all within its powers to curb such atrocities and defend the people.

Senator Barnabas Gemade, who hails from the Senatorial district worst hit, speaking to the people in Tiv language commiserated with the people and pledging relieve for the people in the shortest possible time.

In Plateau State, the Committee was received by the Deputy Governor, Datong Longjam and members of the Executive Council of the state. The Deputy Governor thanked the Committee for their show of support and readiness to collaborate with them for the return of peace. He said the incidence of serial attacks leading to killings and destruction of properties is both baffling and painful.

In Nassarawa, the Committee was equally received by the state Deputy Governor, Dameshi Luka. He assured the Committee that the State was ready to do all within its powers and in partnership with the Senate Joint Committee for the restoration of peace and harmony in the state.

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