Tag: House of Reps

Nigeria Loses ₦8 Trillion Annually to Tax Waivers and Concessions – House of Reps

Nigeria loses an estimated ₦8 trillion annually through tax waivers, concessions, and exemptions. The House committee will review incentives from 2015–2025, focusing on EEG, FX programmes, Pioneer Status, and oil…

Sodiq Olaitan

Reps to Reconvene for Emergency Sitting Over 2027 Election Timetable

Emergency session set for Tuesday, February 17, 2026, to review matters arising from INEC’s 2027 Election timetable. Focus on legislative response: Members to deliberate on constitutional and national implications of…

Sodiq Olaitan

BREAKING: House Of Reps Raise Alarm Over Alleged Alteration of Tinubu’s Tax Laws

House Minority Caucus flags altered tax laws after gazetting Nigeria Tax Administration Act, 2025 allegedly affected Lawmakers compare certified copies with gazette Seven-member probe committee already investigating The Minority Caucus of the House…

Silas God'stime

Reps Approve 10-Year Jail, N75m Fine for Electoral Forgery

Electoral Forgery Penalty: House of Reps approves 10-year jail term or ₦75 million fine for forging nomination papers or destroying election results. Voter Card Misuse: Lawmakers introduce ₦5 million fine…

Sodiq Olaitan

Reps Propose Six-Year Single Term for CBN Governor, Ban Foreign Currency in Domestic Transactions

House of Representatives passes second reading of bill proposing six-year non-renewable term for CBN governor and deputies. Bill seeks to ban foreign currency use locally, separate roles of governor and…

Sodiq Olaitan

Reps Query Banks Over Alleged Illegal Deductions

House of reps query banks over alleged illegal deductions Lawmakers have accused major Nigerian banks of making unexplained deductions from customers’ accounts. A four-day deadline was issued for full compliance…

Sodiq Olaitan

Reps Approve Tinubu’s $2.35bn External Loan Request for 2025 Budget

House of Reps okays $2.35bn borrowing plan to fund 2025 budget and refinance Eurobonds. Approval forms part of Tinubu’s fiscal strategy to close deficit and sustain economic programmes. The House…

Sodiq Olaitan

Reps to Push New Law Giving Local Refineries First Access to Crude Supply

Reps move to protect local refinery operations and investments. New bill to classify refineries as strategic national assets. Ugochinyere urges dialogue between labour unions and oil operators. The House of…

Sodiq Olaitan

Lawmakers Pay N3m Before Presenting Bills, Petitions, APC Rep Alleges

Jigawa Rep Ibrahim Auyo claims members pay up to N3m to sponsor bills and petitions. Says lobbying all 360 lawmakers is required for acceptance of a bill. Defends youth empowerment…

Sodiq Olaitan

NAFDAC Told to Suspend Ban on Sachet Alcoholic Drinks, Others

The House of Representatives Committee on the National Agency for Food and Drug Administration and Control (NAFDAC) has told the agency to suspend its ban on the sale of spirits…