The House of Representatives has uncovered about 58 bank accounts allegedly linked to Prince Adeniyi Adeyemi, Director-General of the purported Presidential Foreign Intervention Promotion Council (PFIPC), alongside an alleged N400 million transaction that lawmakers said may have involved fraudulent representations. The discovery comes months after Pinnacle Daily reported that Nigeria’s 2026 budget allocated N1.3 billion …
The House of Representatives has commenced a clause-by-clause consideration of President Bola Tinubu's executive bill seeking to establish state police, with lawmakers indicating they may adopt the version already passed by the Senate with only minor amendments. Speaking at the meeting of the House Committee on Constitution Review in Abuja on Monday, the Deputy Speaker …
The House of Representatives has withdrawn its proposed constitutional amendment bill on state police and will instead consider a similar proposal submitted by President Bola Tinubu. The decision was announced during Tuesday's plenary after lawmakers gave the Executive-sponsored Constitution of the Federal Republic of Nigeria (Alteration) (State Police) Bill, 2026 its first and second readings. …
The House of Representatives Public Accounts Committee (PAC) has directed the Office of the Accountant-General of the Federation (OAGF) to submit a detailed report on outstanding operating surplus and other revenues allegedly owed to the Federal Government by the Central Bank of Nigeria (CBN), the Nigerian National Petroleum Company Limited (NNPCL) and other government agencies. …
The House of Representatives on Thursday passed a landmark constitutional amendment bill seeking to establish state police across Nigeria, marking a significant step in the country's long-standing efforts to decentralise policing and strengthen internal security. The proposed legislation, titled “A Bill for an Act to Alter the Constitution of the Federal Republic of Nigeria, 1999 …
The minority caucus of the House of Representatives says it has found “illegal” changes in the published copies of the tax reform laws. In a statement on Friday, Afam Ogene, who heads a seven-member committee set up to investigate the issue, reportedly said a review of the laws showed that different versions are circulating. Ogene …
The National Assembly has published the four tax reform Acts signed into law, following concerns over alleged alterations and the circulation of unauthorised and misleading versions of the legislation. The House of Representatives made this known in a statement on Saturday, signed by its spokesman, Akintunde Rotimi. He said the Speaker of the House of …
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has stated that the National Assembly has the constitutional authority to suspend the planned implementation of Nigeria’s tax reform laws set for January 2026. In an interview on Channels Television on Monday, Oyedele responded to allegations that parts of the tax laws passed …
The Nigerian National Assembly has experienced a legislative discrepancy, as the Senate and the House of Representatives approved different crude oil price benchmarks for the 2026–2028 Medium Term Expenditure Framework (MTEF). While both chambers agree on many macroeconomic targets, the disagreement over oil prices, which is the major source of Nigeria's foreign exchange earnings, highlights …
President Bola Tinubu has presented the proposed 2026 Federal Budget, estimated at ₦58.18 trillion, on Friday, December 19, 2025. The president, who arrived at the National Assembly complex on Friday afternoon, presented the budget titled “Budget of Consolidation, Renewed Resilience and Shared Prosperity” at a joint session of the National Assembly. Breakdown of 2026 Budget …
