The House of Representatives on Wednesday warned the Securities and Exchange Commission on the consequences of flouting the 2013 Appropriation Act which bars the agency from spending any fund this year. The National Assembly gave zero allocation to SEC in the N4.9tr 2013 budget it was passed on December 20, […]
Tag: National Assembly
Budget: Stakeholders agonise as SEC, lawmakers’ crisis deepens
The refusal of the National Assembly to approve the budget of the Securities and Exchange Commission has generated heat in the last few months. UDEME EKWERE examines the impasse, which is affecting capital market operations. The ongoing face-off between the National Assembly and the management of the Securities and Exchange […]
Oteh/Maina: National Assembly Will Enforce its Position, Says Ndoma-Egba
Senate Leader Victor Ndoma-Egba has said that the National Assembly would use the powers at its disposal to ensure compliance with its resolutions on the sack of Director General of the Securities and Exchange Commission, Aruma Oteh, and arrest of the chairman of the Presidential Task Force on Pension Funds, […]
