The House of Representatives on Wednesday received a letter from President Muhammadu Buhari on the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy.
Following media reports accusing the Vice President, Prof. Yemi Osinbajo of corruption, regarding the alleged mismanagement of over N90bn purportedly received from the Federal Inland Revenue Services for the prosecution of the general elections as well as the management of the Social Intervention Programme Funds, the Vice President has offered to waive his immunity to allow for an investigation.
The Central Bank of Nigeria (CBN) says the newly introduced controversial charges on bank deposits were optional. The apex bank also said that charges on withdrawals from banks were optional for individuals and businesses. The CBN made the clarification on its verified/official Twitter handle Sunday morning.
The Nigerian Senate has summoned the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, over a verdict by a British Commercial Court, which on August 16 awarded judgment in the sum of $9.6bn against Nigeria over a failed contract between P&ID and the Federal Ministry of Petroleum Resources in 2010.