Nigeria’s lawmaking body, the National Assembly, is entangled in horrid abuse of the nation’s financial regulations, especially in its banking transactions, in the last six years, PREMIUM TIMES can authoritatively report.
Amidst claims by Nigerian security agencies that they are being underfunded, PREMIUM TIMES can authoritatively report today that a total N4.62trillion has been allocated to the federal security sector in the past five years.
Nigeria’s eighth National Assembly was inaugurated on Tuesday, June 9. At the chambers of the Senate and the House of Representatives, 109 Senators and 360 Representatives were sworn in to office for a four-year term.
The seventh National Assembly will most likely end its tenure in early June without resolving majority of the huge misgovernance and corruption issues that characterised the outgoing administration. Read More