News
Reps place NSITF on special probe
The House of Representatives Committee on Finance has placed the National Social Insurance Trust Fund (NSITF ) on special probe scrutinizing its documents from 2018 till date.
Rep. James Faleke, the chairman of the committee said this the ongoing probe of revenue leakages in government Ministries, Departments and Agencies(MDAs) in Abuja on Tuesday.
Faleke said that the committee noticed discrepancies in the submissions by NSITF and resolved to place it on status enquiry.
“In view of the various submissions available to us as a committee and the discrepancy noticeable in all of your submissions I hereby move that a status enquiry be set to know the workings of your agency.
“The status inquiry is from 2018 to date, which means NSITF should get a comprehensive analysis of all its records.
“We are coming and can request for any documents anytime and we would not be giving you notice. Reconcile all your records,” he said
The Managing Director of NSITF, Mrs Maureen Allagoa, who appeared before the committee, delegated the responsibility to make their submission to the Director, Finance and Administration,Mr Adedeji Adegoke.(NAN)
Another explosion occurred at a pipeline manifold in the Omwawriwa area of Ogba-Egbema-Ndoni Local Government Area of Rivers State on Tuesday.
This incident follows a similar explosion that shook the Trans Niger Pipeline, operated by Shell, in Bodo, Gokana Local Government Area just hours earlier.
The latest explosion reportedly took place at a manifold connected to a federal pipeline deep within the forest, which transports crude oil to Brass in Bayelsa State.
While the explosion has not yet been officially confirmed, community sources reported seeing massive flames and thick smoke rising from the oil installation in the forest.
Grace Iringe-Koko, the spokesperson for the Rivers State Police Command, stated that she would investigate the incident but had not provided a response at the time of this report.
A video obtained by our correspondent displays a large fire burning in a remote location.
In a separate development, Ijaw youths blocked the Ahoada section of the East-West Road leading to Bayelsa State on Tuesday in protest.
The demonstrators, numbering over 100, carried placards in solidarity with Rivers State Governor Siminalayi Fubara amid his political dispute with the state House of Assembly. Some of the placards read: “We demand Wike’s dismissal as FCT Minister” and “Martin Amaewhule and 26 lawmakers have defected and lost their seats.
The House of Representatives on Tuesday passed the four tax reform bills transmitted to the National Assembly in October 2024 by President Bola Tinubu.
Recall that the House had on Thursday last week, considered and approved the report of the House Committee on Finance which made some recommendations, particularly in controversial areas such as the Value Added Tax and inheritance tax.
While awaiting the Senate to similarly pass the bills, the proposed reforms are expected to be transmitted to the President for his assent in the days ahead.
Details shortly…
Two members of the house of representatives have defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).
Tajudeen Abbas, speaker of the house, announced the defections in a letter read on the floor of the lower legislative chamber on Tuesday.
More to follow…