Updating your news feed...
NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.
Loading banners
Loading banners...
The House of Representatives on Wednesday raised the alarm over the Remita platform through which the Treasury Single Account of the Federal Government is operated.
Through a motion by Jeremiah Umaru (APC; Akwanga/Nasarawa Egon/Wamba), the lower chamber said trillions of naira had been passed through the Remita platform and that the funds were unaccounted for due to the proliferation of sub-accounts by the Central Bank of Nigeria (CBN).
The house is worried that if this is not addressed, the country will continue to lose revenue.
DStv, GOtv Subscription Fees
In a related development, the Green Chamber urged the Federal Ministry of Communication and Digital Economy to intervene in, halt and reverse the increase in the DStv/GOtv tariffs by the MultiChoice Group.
The House, through a motion by Umar Ajilo, noted the prevailing economic hardship resulting from factors, political to economic, that have made life unbearable for the common man, with far-reaching effects that have yet to be addressed.
Lawmakers are worried that the exorbitant increase would further exacerbate the sufferings of Nigerians, given the increasing pressure on household budgets, the rising cost of basic living essentials, income stagnation, and other factors. (Channels TV)
•FILE PHOTO of the House of Representatives.
