• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Tuesday, July 29, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home News

Errors: Senate rejects Investment and Security Tribunal’s 2025 budget proposal

Nathaniel Irobi by Nathaniel Irobi
January 24, 2025
in News
0
0
SHARES
8
VIEWS
FacebookTwitterWhatsappEmailTelegram

RelatedPosts

Kaura Namoda residents condemn governor Dauda as bandits kill 35 abductees

Kaduna Youth Urged To Embrace Wikipedia For Knowledge Sharing

China Introduces Childcare Subsidies to Boost Declining Birth Rate

The Senate Committee on Capital Market, on Thursday, rejected the 2025 budget proposal of Investments and Securities Tribunal due to errors in the figures and items it presented.

After a motion moved by Sen. Seriake Dickson (PDP-Bayelsa) and seconded by Sen. Aliyu Wadada (SDP-Nasarawa), Chairman of the committee, Sen. Osita Izunaso, rejected the proposal during the agency’s budget defence.

Izunaso directed the Chairman of the tribunal, Amos Azi to return on Friday by noon to re-present the budget.

Moving the motion, Dickson said that Azi had also publicly, on behalf of his team, owned up to the shortcomings and errors.

“Therefore, Mr Chairman, at any point that pleases you, I think they can come back to correct whatever has to be corrected and meet with the leadership of this committee,” he said.

Chairman of the tribunal, after the grilling by the lawmakers, apologised for the discrepancies observed in the budget document.

Earlier, Izunaso said that the tribunal played a critical role in resolving disputes arising from transactions in the capital market.

“With a mandate to exclusively resolve these disputes, the tribunal has provided comfort and confidence to investors, thereby promoting the growth and development of our capital market.

“In recent years, the tribunal has made significant strides in resolving disputes.

“Notably, it has resolved disputes worth over N1 trillion since its inception in 2003.

ALSO READ:  Zango-Kataf Chairman Distributes Rice, Cash To Vulnerable Citizens For Christmas

“This is a testament to the tribunal’s commitment to ensuring that our capital market operates with integrity and transparency,” he said.

The senator stated that as the 2025 budget proposal was being reviewed, attention would be paid to the tribunal’s plans for enhancing its operations, expanding its reach and addressing emerging challenges in the capital market. (NAN)

Tags: Investment
Nathaniel Irobi

Nathaniel Irobi

Related Posts

Kaura Namoda residents condemn governor Dauda as bandits kill 35 abductees

Kaura Namoda residents condemn governor Dauda as bandits kill 35 abductees

by Ojimaojo Abubakar
July 29, 2025
0

Residents of Kaura Namoda Local Government Area in Zamfara State are reeling in grief after news emerged that 35 of...

Kaduna Youth Urged To Embrace Wikipedia For Knowledge Sharing

Kaduna Youth Urged To Embrace Wikipedia For Knowledge Sharing

by Ojimaojo Abubakar
July 29, 2025
0

By Amina Samuel, Kaduna Young people in Kaduna State are being encouraged to actively contribute to Wikipedia, the free online...

China Introduces Childcare Subsidies to Boost Declining Birth Rate

China Introduces Childcare Subsidies to Boost Declining Birth Rate

by Nathaniel Irobi
July 29, 2025
0

In a bid to counteract its dwindling birth rate, China announced on Monday the implementation of an annual childcare subsidy...

Recommended

2027: Only Leaders with Integrity Should Be Elected — Al-Mustapha

2027: Only Leaders with Integrity Should Be Elected — Al-Mustapha

16 hours ago
Islamic Development Bank Offers Funds, Partnership to Nigeria on Problematic Power Sector

Islamic Development Bank Offers Funds, Partnership to Nigeria on Problematic Power Sector

5 days ago

Popular News

  • Kaduna Baptist Church Donates N50,000 Each To 12 Muslims, 4 Retired Pastors

    Kaduna Baptist Church Donates N50,000 Each To 12 Muslims, 4 Retired Pastors

    0 shares
    Share 0 Tweet 0
  • Cross River State Triumphs at Prestigious All-women Interstate Debate

    0 shares
    Share 0 Tweet 0
  • Haske: The Rise Of A New Movement

    0 shares
    Share 0 Tweet 0
  • Intrigues and Political Uncertainty over 2027 APC Governorship Candidate for Taraba 

    0 shares
    Share 0 Tweet 0
  • Zock Distributes 12 Trucks Of Fertiliser, Includes PDP, LP Members, Others

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (749)
  • Education (220)
  • Entertainment (311)
  • Health (198)
  • National (2,240)
  • News (8,338)
  • Opinion (309)
  • Politics (1,650)
  • Science (15)
  • Security (406)
  • Sports (449)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform