London, Oct. 29, 2019 (AltAfrica)-Nigerian government will earn extra windfall, additional $1.4 billion annually from oil majors if the bill seeking the amendment of the Deep Offshore and Inland Basin Production Sharing Contract (DOIBPSC) is passed and signed into law. Bloomberg recently reports that Nigeria is seeking to recover as much as $62 billion from ...

 Adetokunbo Fakeye with agency report London, Jan. 24, 2019 (AltAfrica)-In less than 48 hours after receiving minimum wage bill from the executive, Nigerian legislators are determined to give the bill accelerated passage to douse tension among workers and the organised labour Consequently, the Nigerian Senate on Thursday passed the N27,000 National Minimum Wage Amendment Bill through ...

London, Jan. 23, 2019 (AltAfrica)-Presidential Candidate, African Action Congress (AAC), Mr Omoyele Sowore, on Wednesday, said if elected into office, he would cut the jumbo pay of the National Assembly members. Sowore made the pledge at a town hall meeting tagged: ‘’The Candidates” organised by the MacArthur Foundation in collaboration with NTA and DARIA media ...

Abuja, Dec. 13, 2018 (AltAfrica)-The  Federal Government of Nigeria on Wednesday said the National Assembly was delaying the presentation of the estimates of the 2019 budget to the legislature. The Minister of Budget and National Planning, Senator Udo Udo-Udoma, stated this  at the end of the Federal Executive Council meeting  in Abuja. Udo-Udoma, who spoke ...

London, October 9, 2018 (AltAfrica)-After about  three months under lock and keys, Nigerian parliamentarians, “The National Assembly” will Tuesday reopen for legislative work and may immediately adjourn sitting to Wednesday over the death of a member of the House of Representatives, Hon. Funke Adedoyin. The planned adjournment is a welcome distraction for its leadership amid ...

London, September 17, 2018 (AltAfrica)-The National Assembly has begun work on the Electoral Act 2010 Amendment Bill which President Muhammadu Buhari rejected and sent back to the legislature over drafting issues. The joint Senate and House of Representatives Committee on the Electoral Act Amendment Bill announced in Abuja on Monday that the panel was now ...