Venezuela crisis may create $10b hole in FG’s N58tr spending plan
Written By kingsley jeremiah • Complicates Nigeria’s fiscal fragility, threatens naira stability • OPEC weighs in as eight members meet over supply cut Geopolitical developments in Venezuela and the prospect of a major rattle in global oil supply…
NASS Moves to Address Alleged Discrepancies in Gazetted Tax Acts
The National Assembly has moved to allay public concerns over alleged inconsistencies in recently gazetted tax laws, assuring Nigerians that certified copies of the bills signed by President Bola Tinubu will be made available for verification. In a…
Fresh Tax Laws Face Pushback from Reps, Students as Court Battle Begins
Tension continued to rise on Monday over Nigeria’s newly passed tax laws as lawmakers, students and civil society groups stepped up pressure on the Federal Government to suspend their implementation, while a court battle over the legislation officially…
BREAKING: Akpabio Hospitalised in London After Reported Collapse, Misses Crucial Budget Meeting
Senate President Godswill Akpabio is reportedly receiving medical treatment at a hospital in London after collapsing earlier this month, sources within the National Assembly have told SaharaReporters. According to the sources, Akpabio collapsed on…
National Assembly Halts Sessions to Honour Late Ex-President Muhammadu Buhari
The National Assembly has officially suspended all legislative activities in honour of former President Muhammadu Buhari, who passed away on Sunday in London at the age of 82. The suspension, which takes effect immediately, was announced in a…
National Assembly to Transmit Constitution Review Report to State Assemblies by December 2025
The National Assembly has announced plans to transmit the report of the ongoing review of the 1999 Constitution to all 36 state Houses of Assembly before December 2025, in line with the exercise’s official timetable. Leader of the Senate and Chairman of…
Democracy Day Tensions: Security Operatives Barricade National Assembly Gate Amid Protest
Abuja, June 12 – Heavily armed security operatives on Thursday morning barricaded the main entrance of the National Assembly complex, preventing access by protesters who had gathered for a Democracy Day demonstration. The protest, led by the Take It Back…
Senior Politicians in Abuja, National Assembly Behind Benue Killings – Gov Alia
In a candid interview with ChannelsTV, Governor Iormem Alia expressed deep concern over the involvement of top politicians in supporting armed groups that threaten national security. He alleged that some influential lawmakers, despite their public roles…
N54.99tn Budget Adjusted: Lawmakers Cut N500bn from Capital Expenditure, Boost Recurrent Spending
The National Assembly has reviewed the 2025 Appropriation Bill, making significant adjustments to the financial allocations within the budget, which was initially passed last week. While the total budget size remains unchanged at N54.99 trillion,…
President Tinubu Submits 4 Key Tax Reform Bills to National Assembly for Swift Passage
President Bola Ahmed Tinubu has urged the National Assembly to swiftly pass four tax reform bills aimed at transforming Nigeria’s fiscal landscape. The bills, designed to align with his administration’s objectives, include: – *Nigeria…