JUST IN: Reps Step Down MTEF/FSP Report After Dispute Over Oil Benchmarks, Revenue Assumptions

The House of Representatives has stepped down consideration of the reports on the 2026–2028 Medium-Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) following an extensive debate that exposed disagreements over key macroeconomic assumptions, particularly crude oil benchmark prices and their implications for government revenue. The reports were presented by the chairperson of the…

Read More

BREAKING: Reps Summon CEOs Of Nigerian Banks Over Alleged Illegal Charges 

Chief executive officers of commercial banks have been directed to appear in person before an investigative panel of the House of Representatives over alleged illegal and unexplained deductions from customers’ bank accounts. The summons was issued on Tuesday in Abuja by the House Ad-hoc Committee investigating the deduction of taxes from civil and public servants’…

Read More

BREAKING: Reps Urge FG To Suspend WAEC’s Planned CBT For 2026 WASSCE

The House of Representatives has urged the Federal Government to halt the planned introduction of Computer-Based Testing (CBT) for the 2026 West African Senior School Certificate Examination (WASSCE) by the West African Examinations Council (WAEC). Lawmakers warned that the move, if implemented, could trigger widespread failure, psychological distress, and even fatalities among students ill-equipped for…

Read More

VIDEO: Rowdy Session In Reps Over Committee Jurisdiction On Lagos Trade Fair Investigation 

A heated argument broke out on the floor of the House of Representatives on Tuesday over which committee has the mandate to investigate the alleged irregular allocation and management of the Lagos International Trade Fair Complex — the Committee on Public Assets or the Committee on Commerce. The dispute followed a motion of urgent public…

Read More

Amid Debt Concerns, House Of Reps Approve Tinubu’s $2.35 Billion Loan Request

The House of Representatives has approved President Bola Tinubu’s request to secure a $2.35 billion loan to help finance the 2025 budget deficit, despite growing concerns over Nigeria’s rising debt profile. The House also granted approval for the issuance of a $500 million sovereign sukuk on the international capital market to support infrastructure development and…

Read More

Reps To Probe NFF Over Alleged Misuse Of $25 Million FIFA, CAF Grants 

The house of representatives has resolved to probe the Nigeria Football Federation (NFF) over alleged misuse of $25 million grants received from the global and continental soccer ruling bodies. The lower legislative chamber passed the resolution during Tuesday’s plenary following the adoption of a motion co-sponsored by Adedayo Adesola and Nwaeke Uche. Moving the motion,…

Read More

BREAKING: House Of Reps Pass Bill To Strip President Of Power To Sack EFCC Chairman

The House of Representatives has moved to limit the authority of the president in removing the head of Nigeria’s anti-corruption agency. Lawmakers on Thursday passed a bill for second reading aimed at changing how the EFCC chairman can be removed from office. The proposal, which seeks to amend the Economic and Financial Crimes Commission (Establishment)…

Read More