About the Committee:
Order XVII Rule B. 27.-(1) of the House Standing Orders 2007 states that there shall be a Committee to be
known as Committee on Finance consisting of not more than 40 members appointed at the commencement
of the life of the House.

(2) The Committee's jurisdiction shall cover:
              (a) Fiscal matters;
              (b) Government investment in banks and Statutory Corporations and Agencies;
              (c) Insurance;
              (d) Insurance of Government property;
              (e) Examination of bills for imposition of or increase in any tax, duty or fee or any reduction, withdrawal
                    or cancellation thereof.
              (f) Monetary Policy;
              (g) Relations with international financial Institutions;
              (h) Royalties, Companies Income Tax, Petroleum Profit Tax, Stamp Duties, Capital Gains Tax and
                    Personal Income Tax on Armed Forces Personnel, External Affairs Officers, National Economic
                    Intelligence Committee, Due Process Office, Non-resident persons and Residents of the Federal
                    Capital Territory;
              (i) budgeting monies retained by the Federal Inland Revenue Service as cost of collection and monitoring
                   the application thereof and recommending to the House;
              (j) harmonization of the Revenue Bill;
              (j) Annual budget estimates.