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Tag: Senate

Senate approves Yuguda, Cardoso, others as MPC members
Aviation

Senate clears Air Peace of wrongdoings in P’Harcourt runway incident

The Senate on Thursday cleared Nigeria’s largest airline, Air Peace, of any wrongdoing in the July 13 runway overrun at Port Harcourt International Airport, stating that allegations of drug and alcohol use by its pilots were based on “inconsistent and uncoordinated” findings by the Nigerian Safety Investigation Bureau. The Senate’s resolution followed an investigative hearing […]

Food

Senate plans tougher laws against chemical fruit ripening, adulteration

The Senate has announced plans to amend existing laws to introduce tougher punishments for individuals found guilty of artificially ripening fruits with harmful chemicals instead of allowing natural ripening. The decision followed the adoption of a report by the Joint Senate Committees on Health (Secondary and Tertiary) and Agricultural Services, Productive and Rural Development, chaired […]

featured Policy and Regulations

Senate greenlights bill for Nigeria’s transition to electric vehicles

A Bill seeking to provide a comprehensive framework for Nigeria’s transition to electric vehicles and green mobility has scaled second reading in the Senate. The Bill aims to position Nigeria to benefit from the global shift toward green transportation by encouraging investment, innovation, and industrial growth in the electric vehicle sector. It also seeks to […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
Finance

Tinubu seeks senate approval to borrow ₦1.15trn domestically

President Bola Tinubu has written to the Senate seeking approval for a fresh ₦1.15 trillion borrowing from the domestic debt market to finance the deficit in the 2025 budget. The request was contained in a letter read on Tuesday by Senate President Godswill Akpabio during plenary. According to the President, the proposed borrowing is aimed […]

RMAFC unveils revenue collection software
Appointments featured

Senate confirms six commissioners for RMAFC

The Senate, on Tuesday, confirmed the appointment of six persons nominated as Commissioners for the Revenue Mobilisation, Allocation and Fiscal Commission. This confirmation followed the presentation and consideration of the report of the Senate Committee on National Planning and Economic Affairs during plenary. The Chairman of the committee, Senator Yahaya Abdullahi, who presented the report, […]

News

OPSN rejects Senate’s proposed NSITF amendment Act

The Organised Private Sector of Nigeria has rejected the proposed amendment to the Nigeria Social Insurance Trust Fund Act, describing the move by the Senate as a dangerous attempt to hijack and politicise the management of workers’ social protection funds. The OPSN, which comprises the Manufacturers Association of Nigeria, the Nigeria Association of Chambers of […]

Oil and Gas

Senate to investigate refinery operations, labour disputes

The Senate has resolved to conduct a comprehensive investigative hearing into the challenges currently facing Nigeria’s downstream petroleum sector, with a firm commitment to finding lasting solutions. This decision follows growing concerns over the operations of both private and government-owned refineries, the activities of independent marketers, and ongoing disputes involving key labor unions—the Petroleum and […]

Helth

Senate passes bill to boost healthcare fund for second reading

The Senate has taken a major step toward strengthening Nigeria’s primary healthcare system after it passed for second reading a bill seeking to increase the Basic Health Care Provision Fund from one per cent to two per cent of the Consolidated Revenue Fund of the Federal Government. The proposed legislation, titled “A Bill for an […]

Aviation

Senate laments Nigeria’s aviation safety over safety breaches

The Nigerian Senate has raised alarm over rising safety concerns in the nation’s aviation industry, following a recent Air Peace incident at Port Harcourt International Airport. It was earlier reported that the aircraft veered off the runway after landing on Sunday, July 13. A preliminary report by the Nigerian Safety Investigation Bureau later revealed that […]

Finance

Senate suspends 2026 budget review pending performance reports

The consideration of Nigeria’s 2026 budget presentation faces uncertainty, as the Senate has suspended review of new fiscal proposals pending a detailed account from the Executive on the performance of the 2024 and 2025 budgets. This decision was issued yesterday by the Senate Committee on Finance, which directed top managers of the economy to submit […]

featured Helth

Senate begs FCT doctors to suspend strike, vows intervention

The Senate Committee on FCT Area Councils and Ancillary Matters has appealed to the National Association of Resident Doctors, FCT chapter, to suspend their ongoing strike. The committee, led by Senator David Jimkuta, held an emergency meeting with the striking doctors and assured them that their grievances would receive urgent attention. Senator Jimkuta disclosed that […]

Finance

Senator urges CBN to extend loan forbearance deadline

The Chairman, Senate Committee on Capital Market and Institutions, Senator Osita Izunaso, has urged the Central Bank of Nigeria to reconsider the June 2025 deadline for banks to end loan forbearance, proposing March 2025 as a more realistic timeline. Izunaso, who made the call at the 18th Annual Banking and Finance Conference of the Chartered […]

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