The President of the Senate, Bukola Saraki, said, on Wednesday, that Nigeria had a viable economy and very safe for foreign investors. Saraki made this assertion, in Abuja, at the opening ceremony of the 9th Africa Regional Conference by International Transport Federation (ITF) with the theme: “Transport Workers Building Power in Africa,” The president of the senate, who was represented ...
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Illegal deductions: Senate summons CBN governor, banks MDs, Bankers C’ttee, others
Worried by excess bank charges and illegal deductions by commercial banks in the country, the Senate, on Tuesday, summoned the governor of Central Bank of Nigeria (CBN) Godwin Emefiele, his officials, forensic auditors, Managing Directors of banks and Bankers Committee to give detailed accounts of why such issues were so appalling. Consequently, it mandated the Committee on Banking, Insurance and ...
Read More »Senate urges NNPC to end petrol scarcity queues in 7 Days
The Senate has urged the Nigerian National Petroleum Corporation (NNPC) to, within seven days, end lingering scarcity of petrol and clear queues in filling stations across the country. This followed a unanimous adoption of report of the Committee on Petroleum Resources (Downstream) on the fuel crisis in the country, at plenary, on Thurday. In the report, presented by its Chairman, ...
Read More »Petroleum Bill now ready for Buhari to sign, says Dogara
With the passage of the Petroleum Industry Governance Bill (PIGB), by the House of Representatives, on Wednesday, its Speaker, Yakubu Dogara, urged President Muhammadu Buhari to, as a matter of urgency, sign it into law. He made his appeal, on Thursday, on the heels of the passage of the legislation by the Senate last year. The same exhortation came just ...
Read More »Perpetrators of fuel scarcity won’t go unpunished – Saraki
The Senate President, Bukola Saraki, has said the ongoing fuel scarcity in the country is man-made and that those responsible must pay the price for visiting needless hardship on Nigerians. He made the statement on Tuesday while welcoming his colleagues back to the plenary from their three-week break. “I am not unmindful of the sobering fact that the new year ...
Read More »Labour threatens nation-wide strike over petrol scarcity
Organised labour, on Friday, threatened to embark on strike if the ongoing fuel shortage ravaging the nation extends to next year. It, Friday, hailed the President of the Senate, Bukola Saraki, for directing the Senate Committee on Petroleum Resources (Downstream) to cut short its recess and immediately convene industry-stakeholders meeting, in a bid to end the ongoing fuel crisis. A ...
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