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Atiku Abubakar has cautioned President Bola Tinubu against further external borrowing. The former Vice President labelled the government’s latest $516 million loan request as reckless. The administration seeks these funds to support the Sokoto-Badagry superhighway project. This proposal currently awaits Senate approval. Atiku argues the government lacks a transparent repayment framework for such debt. The…
The Senate has granted approval for President Bola Tinubu to secure $6 billion in external loans, clearing the way for fresh borrowing to address fiscal gaps and fund rehabilitation work at Nigeria’s busiest seaports. The approval followed the consideration of a report by the Senate Committee on Local and Foreign Debts, chaired by Senator…
The Socio-Economic Rights and Accountability Project (SERAP) has issued a seven-day ultimatum to Senate President Godswill Akpabio to open the books on a staggering ₦200 trillion investigation. The Senate Public Accounts Committee is currently scrutinising allegations of “missing or unaccounted funds” within the Nigerian National Petroleum Company Limited (NNPCL) covering the period between 2017 and…
Nigeria’s National Assembly is rarely accused of moving too slowly when money is on the table. Yet, the decision to postpone plenary resumption from February 24th to March 5th suggests a rare outbreak of diligence. The official reason is the need for committees to conclude budget defense sessions with government agencies. The unofficial reality is…
The National Assembly has announced that both the Senate and the House of Representatives will reconvene plenary sessions on Tuesday, February 17, 2026. The announcement was made by the Clerk to the National Assembly, Mr. Kamoru Ogunlana, in a statement issued on Sunday. “I am directed to inform all Distinguished Senators and Honourable Members…
The scrutiny of Nigeria’s public finances intensified yesterday as lawmakers critically assessed the Independent National Electoral Commission’s (INEC) proposal for N873.78 billion to fund the 2027 general elections. Tensions flared as the Commission defended its early budget request, highlighting ongoing issues with fund allocation and financial mismanagement that have plagued several government agencies. During…
The Senate chamber descended into disorder on Tuesday as lawmakers clashed over moves to reverse an earlier decision on electronic transmission of election results in the Electoral Act amendment bill. The controversy erupted when the Senate Chief Whip, Senator Tahir Monguno, representing Borno North on the platform of the All Progressives Congress, raised a…
The Nigeria Labour Congress has drawn a clear line in the sand over what it views as the Senate’s deliberate obfuscation on a fundamental pillar of electoral credibility: whether the nation’s votes will be electronically transmitted from polling units to the Independent National Electoral Commission in real time. In a statement issued on Sunday,…
The Senate on Thursday confirmed the nomination of 64 ambassadorial nominees, including former Minister of Interior Abdulrahman Dambazau, ex-Independent National Electoral Commission chairman Mahmood Yakubu, former Enugu State Governor Ifeanyi Ugwuanyi, former Minister of Aviation Femi Fani-Kayode, and former presidential aide Reno Omokri. The confirmation followed the consideration and adoption of a report by the…
An aide to Senate President Godswill Akpabio has dismissed reports circulating on social media suggesting that the Senate President is unwell. Mr Kenny Okolugbo, Consultant on Communications and Strategy to Akpabio, described the claims as false and unfounded during an interview on Channels Television’s Morning Brief on Thursday. “The Senate President is very healthy and…
