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Senate faults NNPC over under-remittance of N3.8trn from crude oil sales

By Kingsley Okoye/08067555610
Abuja, July 14, 2021 The Senate on Wednesday at plenary faulted the Nigerian National Petroleum Corporation (NNPC) over alleged under-remittance of N3.8 trillion revenue from domestic crude oil sales to the Federation Account between January and December 2015.
It therefore urged the corporation to desist from further deduction at source, as the practice contravened Section 162(1) of the 1999 Constitution (as amended).
It also mandated the Federation Accounts Allocation Committee (FAAC) or any other approving authority to urgently approve agreed percentage which should be allocated to NNPC monthly, as operational cost to prevent its operations from been affected adversely.
Senate’s decision was sequel to the adoption of 59 recommendations contained in the report of its Committee on Public Accounts on the Annual report of the Auditor-General for the Federation on the Accounts of the Federation for the year ended Dec. 31, 2015. ....

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Senate to pass PIB, Constitution Amendment Bills this month, says Lawan

By Kingsley Okoye Abuja, June 11, 2021 After over 20 years of failed attempts, the senate is to pass the Petroleum Industry Bill (PIB), the Constitution Amendment Bill and other key bills before it this month. The Senate President, Dr Ahmad Lawan, made the announcement at a news conference to mark the two-year ....

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Senate President felicitates with Nigerians on Democracy Day |

By Kingsley Okoye Abuja, June 11, 2021 The President of the Senate, Dr Ahmad Lawan, has felicitated with Nigerians on the occasion of “Democracy Day” slated for June 12. Lawan in a statement in Abuja on Friday, said that June 12 has a tremendous significance for Nigerians who struggled so valiantly to establish ....

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Senate optimistic of improvement in security situation in Nigeria

Senate optimistic of improvement in security situation in Nigeria
By Kingsley Okoye
Abuja,May 6,2021 The Senate has expressed optimism that Nigeria would overcome its numerous security challenges in a very short while.
President of Senate, Ahmad Lawan said this when he spoke after the closed session that lasted for over three hours with Heads of Security Agencies on Thursday in Abuja.
The executive session was hinged on an invitation by the Senate to the service chiefs on the security situation in the country.
“The Chief of Defence Staff spoke on behalf of all the services, which includes the Chief of Army Staff, Chief of Naval Staff, Chief of Air Staff and Director Generals of Defence Intelligence Agency on their plans for containing the present insecurity situation in the country. ....

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Senate APC caucus support President Buhari over fight against insecurity

By Kingsley Okoye
Abuja, May 5, 2021 The All Progressives Congress (APC) caucus in the Senate says it strongly and unreservedly supports President Muhammadu Buhariâs efforts in addressing all challenges facing the country.
The Senate Majority Leader, Sen. Abdullahi Yahaya (APC-Kebbi) made the disclosure on behalf of the APC caucus at a news conference in Abuja on Wednesday.
The caucus was reacting to a statement credited to the PDP minority caucus in the National Assembly on the handling of the security situation in the country by President Buhari.
âWe in the APC caucus totally reject the many incorrect statement contained in the press release by the minority caucus in the National Assembly. ....

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