Reps panel fault NNPCL on move to borrow $2b in crude oil swap

Reps panel fault NNPCL on move to borrow $2b in crude oil swap

The House of Representatives joint Committees on downstream and midstream petroleum resources has faulted the Nigerian National Petroleum Company Ltd (NNPCL) over purported moves to borrow additional $2 billion in crude oil-backed loans from international creditors to...
Tinubu Approves 20% Pension Increase for Armed Forces

Tinubu Approves 20% Pension Increase for Armed Forces

President Bola Tinubu has sanctioned a 20% pension hike for Armed Forces personnel, as announced by Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, on Thursday. Speaking at the 2024 Accounts and Budget Seminar themed “Optimising Nigerian Navy Non-Public Fund...
Lawmakers Urge Prudent Fund Management in MDAs

Lawmakers Urge Prudent Fund Management in MDAs

The Delta House of Assembly Committee on Housing, Women Affairs, Humanitarian Support Services, and Girl Child Entrepreneurship has called on Ministries, Departments, and Agencies (MDAs) to manage their funds prudently. This appeal was made by the Committee Chairman,...
Reps Call on Presidency and Police to Uphold Press Freedom

Reps Call on Presidency and Police to Uphold Press Freedom

The House of Representatives has called on the Presidency and the Nigeria Police Force (NPF) to ensure the protection of press freedom. Addressing the issue of unlawful detention of journalists, Honourable Clement Jimbo emphasized the need for adherence to legal...