Tag: Nigerian Senate
Nigeria: Senate summons ministers over failed safe school initiative
The Nigerian Senate has summoned the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and…
Senate engages in heated debate over Tinubu’s tax reform bill
The Nigerian Senate experienced a contentious session on Wednesday, November 27, 2024, as debate over the proposed Tax…
Nigeria: Senate approves steep windfall tax on banks’ foreign exchange gains
The Nigerian Senate has significantly increased the windfall levy on banks’ foreign exchange revaluation gains from the initially…
Nigeria: Senate approves increase of national minimum wage
The Nigerian Senate has approved a bill to increase the national minimum wage from N30,000 to N70,000, effectively…
Senate rejects bill seeking to monitor foreign exchange transactions
On Thursday, July 11, 2024, the Senate rejected a bill seeking to amend the Foreign Exchange Act of…
Nigerian Senate approves mid-term fiscal plan for next three years
The medium-term expenditure framework for 2024–2026 was approved by the Nigerian Senate on Wednesday, November 22, 2023, outlining…