— Motorists to pay N5 tax on one litre — Govt to maintain roads with funds — IPMAN, NUPENG oppose move A Fresh increase in the pump price of petrol is among the contents of a bill that has been approved by the Senate Committee on Works. It was presented yesterday for enactment by the upper chamber.
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SENATE WANTS TOLLS BACK ON FEDERAL ROADS
The Senate is proposing the return of tolls on federal roads and the setting aside of 0.5 per cent of transport fares paid by mass transit passengers for inter-state trips to generate funds for the rehabilitation and maintenance of roads in the country.
Continue reading »SENATE ASKS FG TO STOP PORT HARCOURT REFINERY CONCESSION
The Senate has directed the Ministry of Petroleum Resources and the Minister, Dr. Ibe Kachikwu, to immediately stop all processes relating to the planned concession of the Port Harcourt Refinery to Agip and Oando Plc.
Continue reading »SENATE PASSES PETROLEUM GOVERNANCE BILL 14 YEARS AFTER; APC, NUPENG, PENGASSAN HAIL PASSAGE
The Senate on Thursday passed the Petroleum Industry Governance Bill, which seeks to unbundle the Nigerian National Petroleum Corporation and merged its subsidiaries into a single entity.
Continue reading »FED GOVT REPLIES SENATE, INSISTS SOUTHEAST NOT EXCLUDED IN RAIL PROJECTS
The Federal Government on Thursday reacted to the Senate’s resolution on the exclusion of the eastern corridor in ongoing rail line projects, stressing that the new route is an improvement from an original plan, which includes the South-East, and links major cities in the country.
Continue reading »$5.9BN RAIL: SOUTH-EAST ALLEGES EXCLUSION, SENATE SUMMONS AMAECHI
Leader of the South-East caucus in the Senate, Senator Enyinnaya Abaribe, has protested against the alleged exclusion of the eastern rail line from the ongoing rail projects by the Federal Government.
Continue reading »FG PLANS FRESH CONCESSION OF LAGOS-IBADAN EXPRESSWAY, BI-COURTNEY AND MOTORWAYS CONSORTIUM ON THE BILL
The Federal Government is considering a proposal to involve the former concessionaire of the Lagos-Ibadan Expressway, Bi-Courtney Highway Services Limited, in the funding of the completion and management of the reconstruction of the road.
Continue reading »WATERWAYS BILL PASSES THIRD READING AT SENATE
The National Inland Waterways Act (Repeal and Re-enactment) Bill, 2017, scaled through third reading at the Senate on Wednesday.
Continue reading »SENATE’S ARMOURED CAR DEFIES ECONOMIC SENSE – PUNCH EDITORIAL
A controversial armoured vehicle bought by the Senate, but seized by the Nigeria Customs Service for evading correct duty payment, is yet another greasy mark on the National Assembly’s coat of many colours. Whether at the level of the lawmakers or the bureaucracy, our legislature has become a sickening joke in the eyes of discernible Nigerians. Earlier media reports had […]
Continue reading »SENATE ASKS CUSTOMS TO REVERSE POLICY ON VEHICLES DUTIES
The Senate has asked the Nigeria Customs Service (NCS) to suspend the implementation of the proposed plan to collect duties on old and new vehicles in the country. The resolution of the Senate followed a point of order raised by the Senate Deputy Leader, Bala Na’Allah. Adopting the motion yesterday, the Senate said the status quo should be maintained until […]
Continue reading »PRESIDENCY BUDGETS N100M TO PURCHASE BULLET PROOF TYRES
The ongoing budget defence in the National Assembly yesterday revealed how in contrast to general beliefs about President Muhammadu Buhari’s perceived frugal lifestyle, the State House has since last year been spending whopping sums of money to purchase printed tyres, otherwise known as bullet proof tyres. Against this backdrop, the Presidency has planned to spend about N100 million for the […]
Continue reading »SENATE PASSES MOTION TO BRING BACK TOLL GATES
The Senate has passed a motion for the reintroduction of toll gates on Federal roads in the country. In the motion, Suleiman Nazif, a Senator from Bauchi North, who sponsored it, expressed dismay over the state of roads in the country, saying they had become a “national shame and embarrassment”. He said the re-establishment of toll gates would solve “the […]
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