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HOUSE OF REPS
The House of Representatives has urged the Central Bank of Nigeria (CBN) to address the issue of under-financing in the agricultural sector by providing the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) with an additional $3 billion.
The House of Representatives has ordered Guaranty Trust Bank (GTB) to calculate and remit Value Added Tax (VAT) on the commission it received from Remita between 2015 and 2022 to the Federal Government recovery account.
The House of Representatives has ordered the Joint Admission and Matriculation Board (JAMB) to remit N3.602 billion within 30 days to the Federal Government’s Consolidated Revenue Fund (CRF).
The House of Representatives has dissolved the ad-hoc Joint Committee on Downstream and Midstream that was probing the activities of the Nigeria National Petroleum Company Ltd. (NNPCL) and the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) regarding the importation of adulterated petrol and the non-availability of crude oil to local refineries.
The House of Representatives has initiated an investigation into the N1.12 trillion Anchor Borrowers Scheme, a Federal Government initiative for agricultural funding through the Central Bank of Nigeria (CBN).
The House of Representatives Committee on Corporate Social Responsibility (SCR) has threatened to sanction telecommunications companies, MTN and Airtel for failing to honour their invitation.
Members of the House of Representatives have demanded that the Central Bank of Nigeria (CBN) temporarily withdraws the circular instructing banks to start implementing the 0.5% cybersecurity levy, labeling it as “ambiguous.”
The House of Representatives Public Accounts Committee has mandated the Securities and Exchange Commission (SEC) and Fiscal Responsibility Commission (FRC) to reconcile the N45 billion unremitted operating surplus from 2007 to 2021 within 21 days.
The House of Representatives has successfully passed the second reading of a bill that seeks to amend the Universal Basic Education Commission (UBEC) Act.
The House of Representatives has amended the 2023 Supplementary Appropriation Act to allow for an extension in the implementation of capital projects.
The House of Representatives, on Wednesday successfully passed the second reading of a bill aimed at creating the National Tax Crimes and Oversight Commission.
The House of Representatives has extended invitations to the CEOs of the NNPC Ltd and the NPA to discuss the oversight of PPPs.