Senate orders NNPCL to refund unaccounted ₦210tr to Federation Account

Senate orders NNPCL

…As Oshiomhole slams Ojulari for covering records of fraud The Senate has ordered the Nigerian National Petroleum Company Limited (NNPCL) to refund ₦210 trillion in unaccounted funds to the Federation Account after rejecting the company’s explanations over the missing sum. Recall that the Senator representing Edo-North, Adams Oshiomhole, on Thursday slammed the NNPCL Group Managing Director (GMD), Bayo Ojulari, over an alleged attempt to cover up fraud in the state-owned oil company’s financial records. Oshiomhole made the allegation during a session of the Senate Committee on Public Accounts, which rejected…

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Senate uncovers missing $303bn from crude oil revenue

Senate on missing $303bn

The 10th Senate has uncovered significant financial irregularities in the country’s crude oil sector, revealing that about $303 billion may have been siphoned from both domestic and international crude transactions. The probe was led by Senator Ned Nwoko, who chaired the committee and presented the preliminary findings to the Senate on Wednesday in Abuja. According to the report, a forensic audit of domestic crude proceeds and tax oil returns exposed unaccounted funds, mismatches, and discrepancies totaling $22 billion. Further investigations revealed a shortfall of $81 billion between figures reported by…

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Senate moves to phase-out petrol cars, considers electric vehicle Bill

Senate moves on EVs

A Bill seeking to establish legal and policy frameworks for Nigeria’s transition from petrol-powered vehicles to electric vehicles (EVs) has scaled second reading at the senate.  Sponsor of the Bill, Orji Uzor Kalu, said the proposal aims to reduce carbon emissions, promote local manufacturing, and position Nigeria to benefit from the global shift towards clean mobility. Kalu said the transport sector accounts for about 20 to 30 percent of greenhouse gas emissions in Nigeria, adding that the country risks falling behind other African economies that have begun large-scale electric mobility…

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Senate confirms nomination of Service Chiefs

Senate confirms

The Senate yesterday confirmed President Bola Tinubu’s nominees for the positions of Service Chiefs. Those confirmed are Olufemi Oluyede, as Chief of Defence Staff, Wahidi Shaibu, as Chief of Army staff, Idi Abbas  as Chief of Naval staff, and Kelvin Aneke, as Chief of Air Staff. The confirmation followed a two-hour closed-door session where senators questioned the nominees on their plans to strengthen national security and reform the Armed Forces. Earlier, President Tinubu has urged the upper chamber to screen and confirm the nominees. In line with the President’s request,…

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Tinubu writes Senate, seeks confirmation of new Service Chiefs

Tinubu writes Senate

The 10th Senate has brought forward the screening of newly appointed service chiefs to today Wednesday, October 29, reversing its earlier decision to conduct the exercise next week. The announcement came shortly after Senate President, Godwill Akpabio, read a separate correspondence from President Bola Tinubu, seeking the confirmation of appointment of Chief of Defence Staff, General Olufemi Oluyede. Akpabio said the change was necessary to enable the military chiefs to assume their duties immediately. President Bola Tinubu had urged the Senate to give expeditious consideration to the confirmation process to…

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2027: Bill to ensure INEC conducts elections same day scales Senate 2nd reading 

Senate Bill in INEC

A Bill to make the Independent National Electoral Commission (INEC) to conduct presidential, governorship, national and state Assemblies’ elections same day has scaled second reading in the upper legislative chamber. This is one of the demands contained in the amendment Bill to repeal the Electoral Act 2022 and enact a new Electoral Bill 2025. The Bill, sponsored by the Chairman of the Senate Committee on Electoral Matters, Simon Lalong, representing Plateau-South, aims to strengthen the legal framework governing elections in Nigeria. Senate President, Godswill Akpabio, announced the Bill passage during…

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Hardship: Senate moves to increase soldiers salary

Senate moves

Worried by the rising cost of living and worsening economic hardship, the 10th Senate has urged the Federal Government to consider reviewing upward the minimum wage and salary structure of the men and women of the Nigerian Armed Forces in line with current realities. Former Senate Chief Whip, Senator Ali Ndume, raised the Motion, titled: ‘Urgent Need to Increase the Minimum Wage and Improve Conditions of Service for Members of the Nigerian Armed Forces and Other Security Agencies’, yesterday. In the Motion, Ndume said the nation’s troops and security operatives…

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Senate confirms Amupitan as INEC Chairman, orders comprehensive audit

Senate confirms Amupitan

The 10th Senate has confirmed Professor Joash Ojo Amupitan as the new Chairman of the Independent National Electoral Commission, (INEC). His confirmation followed a thorough screening session yesterday, during which lawmakers engaged the nominee on a range of electoral and administrative issues.  After responding to several questions, Amupitan was asked to take a bow and leave the Senate chamber, after which the Senate Leader, Opeyemi Bamidele, moved a Motion for the restoration of floor privileges earlier suspended. The Motion was seconded by the Minority Leader and adopted through a voice…

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Senate to hold screening for new INEC chairman today

Senate screens INEC chair

The 10th Senate will today conduct the screening of Joash Amupitan, the nominee of President Bola Tinubu, for the position of chairman of the Independent National Electoral Commission, (INEC). The announcement was contained in a statement issued yesterday by the Director of Information at the Office of the Secretary, Research and Information, Bullah Audu Bi-Allah. According to the statement, the screening will take place at the Senate Chamber of the National Assembly complex in Abuja. It urged newsmen to provide their usual media coverage to ensure the public is adequately…

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APC gains 2/3rds majority in Senate, after Bauchi member’s defection

Senate APC majority

The ruling All Progressives Congress (APC) has solidified its dominance in the National Assembly by attaining a two-thirds majority in the Senate — a crucial advantage that strengthens its control over legislative affairs. The new balance of power follows the defection of Senator Samaila Kila, who represents Bauchi North Senatorial District, from the opposition Peoples Democratic Party (PDP) to the APC. His move was officially announced through a letter read by Senate President Godswill Akpabio during yesterday’s plenary. With Kila’s defection, the APC’s presence in the 109-member Senate has grown…

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