3 d. ago Group to Tinubu: Probe $1.5bn earmarked for Port Harcourt refinery repairs

From Okwe Obi, Abuja   The Situation Room on Transparency and Accountability, has urged President Bola Tinubu, to probe the US$1.5 billion budgeted for repair of the Port Harcourt refinery. Convener of the group, Michael Omoba, in a statement yesterday, also demanded forensic audit of the financial transactions of the Nigeria National Petroleum Corporation Limited […] The post Group to Tinubu: Probe $1.5bn earmarked for Port Harcourt refinery repairs appeared first on The Sun Nigeria.

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2 w. ago Reps commence probe of N1.12trn Anchor Borrowers fund, others

By Ndubuisi Orji, Abuja The House of Representatives Committee on Nutrition and Food Security has started investigating the ₦1.12 trillion disbursed by the Central Bank of Nigeria (CBN) through the Anchor Borrowers Programme (ABP). The probe also covers other federal government agricultural initiatives from 2017 to 2024. Committee Chairman Chike Okafor spoke at the first […] The post Reps commence probe of N1.12trn Anchor Borrowers fund, others appeared first on The Sun Nigeria.

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2 w. ago N121m loss: Secure Electronic mulls share reconstruction, recapitalisation

Secure Electronic Technology Plc has revealed plans to seek shareholders’ approval for a share reconstruction and recapitalisation amid a net loss after tax of N121.03m in 2024. This was disclosed in a notice of an extraordinary general meeting filed on the portal of the Nigerian Exchange Limited on Wednesday. SET Plc, formerly National Sports Lottery, Read More

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2 w. ago Rivers APC demands probe as former HoS links Fubara to Assembly attack

Tribune Online Rivers APC demands probe as former HoS links Fubara to Assembly attack "The truth is like broad day light which shines through darkness and repels darkness, to bring forth daylight. Rivers APC demands probe as former HoS links Fubara to Assembly attack Tribune Online

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3 w. ago Reps probe alleged abuse of tax incentives by public institutions, others

From Ndubuisi Orji, Abuja The House of Representatives has resolved to investigate alleged abuse of tax incentives, tax breaks and waivers by public institutions saddled with the responsibility of granting them and the benefiting companies. Consequently, the House mandated its Committees on Industry, Finance and Commerce to undertake the probe and  report back within four  […] The post Reps probe alleged abuse of tax incentives by public institutions, others appeared first on The Sun Nigeria.

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3 w. ago Probe excessive use of explosives by quarry companies, Reps charge FG

The House of Representatives has called on the Federal Government to investigate the excessive use of explosives by quarry companies nationwide and especially in the Federal Capital Territory. The House took the decision on Thursday after adopting a motion of urgent public importance brought before it during plenary by the member representing Ifelodun/Offa/Oyun Federal Constituency, Read More

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3 w. ago Reps to probe N8trn revenue loss from tax incentives, waivers

The House of Representatives has launched an investigation into the alleged abuse of tax incentives, waivers, and exemptions, which has reportedly cost the Federal Government an estimated N8trn in lost revenue. The decision followed the adoption of a motion of urgent public importance moved by a member representing Oriade/Obokun Federal Constituency, Osun State, Oluwole Oke, Read More

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3 w. ago Road maintenance: Reps commence probe of 5% user charge remittance

By Ndubuisi Orji, Abuja The House of Representatives has commenced a probe into the implementation and remittance of a 5% user charge on Premium Motor Spirit (PMS) for road maintenance, as stipulated in the Federal Roads Maintenance Agency (Amendment) Act, 2007. While speaking at the inauguration of the panel tasked with the investigation, the Speaker, […] The post Road maintenance: Reps commence probe of 5% user charge remittance appeared first on The Sun Nigeria.

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3 w. ago Reps probe MDAs’ utilisation of 5% user charge for road maintenance

Tribune Online Reps probe MDAs’ utilisation of 5% user charge for road maintenance Speaker of the House of Representatives, Hon. Tajudeen Abbas on Wednesday expressed grave concern over the failure of relevant agencies of government to enforce the 5 percent user charge on pump price of premium motor spirit (PMS) and remittance of the fund to the Federal Roads Maintenance Agency (FERMA). Speaker Abbas who expressed the displeasure […] Reps probe MDAs’ utilisation of 5% user charge for road maintenance Tribune Online

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