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SENATE

News and stories about senate

The embattled federal lawmaker from Bauchi State, Senator Abdul Ningi, has announced his resignation as the chairman of the Northern Senators forum following his suspension as a member of the Red Chamber.
The Senate on Tuesday has suspended Senator Abdul Ningi, over the remark that the National Assembly padded the 2024 budget with a swooping N3.7 trillion which is not traceable to any project.
Federal lawmaker representing Cross River North , Senator Jarigbe Agom-Jarigbe, has said that some senior senators received the total of N500 million each from the 2024 budget.
The Senate has advanced a bill aimed at establishing the National Assembly Budget and Research Office (NABRO).
The Senate plans to investigate the recent sharp increase in cement prices in Nigeria.  
The Chairman of the Senate Committee on Capital Market, Osita Izunazo has said that the Senate will review legislative frameworks awaiting amendment in the National Assembly to boost more listings and curb tax evasion 
The Nigerian Senate has informed the Nigeria Customs Service (NCS) that the agency's 2024 revenue target of N5.079 trillion will be reconsidered upwards in the latter part of the year to prevent additional borrowing for the country.
The Senate has approved and confirmed the securitization of the outstanding 7.3 trillion naira in Ways and Means, as per President Bola Tinubu’s request. 
The Senate has approved the extension of implementation of the supplementary appropriation bill from 31st December 2023 to March 31st 2024.
The Senate has commenced screening of Dr. Olayemi Cardoso for possible confirmation as Governor of the CBN.
The creation of a Ministry of Revenue in Nigeria would boost revenue generation in Nigeria as the Ministry of Finance is not giving the required mobilisation and coordination in this regard, 
The Nigerian Senate on Thursday discussed a bill that would create a Solid Minerals Development Commission and ban foreigners from engaging in artisanal mining.