Senate Committee on Finance
House of Reps uncovers abandoned power projects worth over N156 billion
The Federal House of Representatives, in it’s oversight function, has uncovered many power projects, put together at the cost of N156 billion, that are being abandoned or are yet to be completed by the Transmission Company of Nigeria (TCN). The post House of Reps uncovers abandoned power projects worth over N156 billion appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Eid-el-Kabir: Senators Lawan, Ekweremadu, Adeola felicitate with Muslim Ummah
The President of the Senate, Dr Ahmad Lawan; former Deputy President of the Senate, Senator Ike Ekweremadu; and Chairman, Senate Committee on Finance, Senator Olamilekan Adeola, have felicitated with the Muslim Ummah on the occasion of this year’s Eid-el-Kabir celebrations. Lawan in his Sallah message urged Muslims to continue to seek the face of the Almighty “in our various national wars, be they against insecurity or the COVID-19 pandemic, and as we strive to make Nigeria a comfortable home for all its citizens. “As we celebrate the feast of sacrifice with worship, I enjoin us to be mindful of the risk of the COVID-19 pandemic and adhere strictly to the safety protocols prescribed by our public health authorities”. In the message personally signed by him on Thursday, the Senate President...
Senate calls for quick diversification of economy, frowns against high cost of oil production
The upper chamber of the National Assembly has called on the federal government to quickly diversify the economy, following the high cost of oil production without commensurate result. Berating the Nigerian National Petroleum Corporation (NNPC) for the high cost, which resulted into marginal profit of just $3 per barrel for the country, the Senate noted that the high cost of oil production in the country is higher than other oil producing nations. This development was noted when when officials of NNPC appeared before the Senate Committee on Finance. The Senate also noted that the high cost of oil production which is $21.2 per barrel, almost equaling $25 per barrel oil price benchmark fixed for the N10.509 trillion 2020 revised budget. The upper chamber expressed its displeasure when the Ch...
