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 …
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 …
The Nigerian House of Representatives has suspended discussion on the 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The decision to step down the documents was taken on Wednesday following a heated debate over how crude oil price benchmarks and revenue projections were calculated. The debate ensued in plenary immediately after James Faleke, …
By Rafiyat Sadiq The Peoples Democratic Party (PDP) and the Labour Party (LP) on Tuesday lost two members of the House of Representatives to the ruling All Progressives Congress (APC), marking another round of defections in the lower chamber. Hon. Peter Akpanke, representing Obanliku/Obudu/Bekwara Federal Constituency of Cross River State, and Hon. Paul Nnamchi, representing …
