Senate Passes N10.805trn Revised Budget Into Law

The lawmakers passed the budget during plenary on Thursday, a day after members of the House of Representatives approved the same figure. A breakdown of the figure shows that the sum of N2,488,789,433,344 is for capital expenditure and recurrent non-debt expenditure has N4,942,269,241,984. The executive also allocated N422,775,979,362 for statutory transfer, while N2,951,710,000,000 was budgeted for debt service. The passage of the revised figure, which is to be issued from the Consolidated Revenue Fund, followed the consideration of the report of the Senate Committee on Appropriations on the Appropriation Act…

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Kilishi; DG RMRDC Calls Kilishi Major Breakthrough In Technology Development

There was a mild drama at the Senate on Monday when the Director-General of the Raw Materials Research and Development Council, Professor Hussain Ibrahim, identified the development of Kilishi technology as its major breakthrough since the agency’s creation, 33 years ago. Ibrahim, who appeared before the Senate Committee on Science and Technology to brief the senators on the activities of his agency, caused a stir when he said the Kilishi technology was the only major breakthrough it had successfully developed for commercial use. Kilishi is a locally spiced roasted meat…

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Buhari Asks Senate To Confirm New Appointments

President Muhammadu Buhari has asked the Senate to confirm Mr Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC). The President’s request was contained in a letter read by the Senate President, Ahmad Lawan, during plenary on Tuesday in the upper chamber of the National Assembly in Abuja. He also urged the lawmakers to screen and confirm three nominees as full-time commissioners of the Commission. They are Reginald Karausa, Ibrahim Boyi, and Mr Obi Joseph. The letter read, “Pursuant to Section 3 and 5(1) of the…

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