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Reps Panel Recommends Arrest Warrants On CBN Governor, NNPC GMD, 52 Others

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The Committee on Public Accounts has prayed the House of Representatives to issue warrants of arrest on Governor of the Central Bank of Nigeria, Godwin Emefiele; Group Managing Director of the Nigerian National Petroleum Corporation, Melee Kyari; Sole Administrator of the Niger Delta Development Commission, Effiong Akwa; Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Elias Mbam, and 50 others.

The committee in its report on the audit reports by the Office of the Auditor General of the Federation for years 2014 to 2018, which is awaiting consideration by the House, heads of 54 ministries, departments, and agencies of the Federal Government allegedly refused to answer audit queries.

Consequently, the committee, which is chaired by Oluwole Oke, prayed the House ‘that all Chief Accounting Officers of the 54 government agencies listed on pages 4 to 6, that refused appearance to defend their positions during the public hearing without any written reason, prominent among them are CBN, NNPC, NDDC, RMAFC, etc., should be issued a warrant of arrest to compel their appearance to respond to the matter within a week in line with Section 89 (d) of the 1999 Constitution of Nigeria (as amended).”

In the report containing 30 recommendations, the committee recommended several serving and former managing directors, directors-general, directors of finance, and accounts/administration for prosecution by the Economic and Financial Crimes Commission, while asking various MDAs to make refunds for failing to account for funds.

For NIMASA, the committee stated that the ‘reckless and deliberate refusal’ by the management of the agency to render their audited accounts for the past five years (2005 – 2019) was a violation of Section 85(3)(b) of the 1999 Constitution.

“All those in office that were responsible should be disciplined and referred to the EFCC in line with Financial Regulation 3129 of 2009,” it said.

The committee said the management of the Federal Airport Authority of Nigeria should be cautioned to desist from the late rendition of their audited accounts to the auditor-general’s office.

In the case of the Nigeria Bulk Electricity Trading Company, the committee said the managing director and the officers involved ‘should be sanctioned accordingly’ for not submitting the agency’s audited accounts from 2012 to 2019.

Others who failed to render their audited accounts and to be sanctioned include the Security and Exchange Commission (2014 – 2018), Petroleum Equalisation Management Board (2017 and 2018 as of 2020), the Federal University of Technology Owerri (delayed 2011 – 2014 and non-rendition of 2016 – 2018), the National Drug Law Enforcement Agency (2014-2018), and the Transmission Company of Nigeria (since its inception in 2013 to date).

BIG STORY

JUST IN: Court Remands Yahaya Bello In EFCC Custody Amid Alleged N110bn Fraud Case

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The Federal Capital Territory (FCT) High Court has remanded Yahaya Bello, former governor of Kogi, in the custody of the Economic and Financial Crimes Commission (EFCC).

Bello was arraigned on a 16-count charge related to alleged money laundering on Wednesday.

He pleaded not guilty to all the charges.

 

More to come…

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BIG STORY

First Phase Of 10,800-Bed Hostel In LASU Ready — Tokunbo Wahab

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The first phase of a 10,800-bed hostel project at the Lagos State University (LASU) is now ready for inauguration, according to Tokunbo Wahab, former special adviser to the governor on education.

Wahab, who is now commissioner for environment and water resources in Lagos, describes the project as ambitious and transformative.

“ It remains one of the most ambitious and transformative projects undertaken during my time as the Special Adviser to the Governor on Education,” he wrote on X.

“It was executed through a Public-Private Partnership (PPP) model under a Build-Operate-Transfer (BOT) arrangement which involves seven reputable investors.”

Wahab commended Babajide Sanwo-Olu, Lagos governor, for his leadership and continuous support.

“Proud of the work done here and to have been a part of this special one,” he added.

“Through the grace of God and the unwavering support and the dedication of the Lagos State Office of Public-Private Partnerships, the relentless efforts of the management staff of LASU, led by Vice Chancellor Prof. Ibiyemi Olatunji-Bello, and the cooperation of other key stakeholders, the first phase of this landmark project has now been completed.”

Wahab emphasized that the project showcases the state government’s commitment to leveraging public-private partnerships to address critical infrastructure needs in the education sector.

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BIG STORY

JUST IN: Yahaya Bello Pleads Not Guilty In Alleged N110bn Fraud Case

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Former Kogi State Governor, Yahaya Bello, has pleaded not guilty to the 16-count charge filed against him by the Economic and Financial Crimes Commission (EFCC) over his alleged involvement in a N110 billion fraud.

Bello was arraigned on Wednesday before Justice Maryanne Anenih of the Federal Capital Territory High Court in Abuja.

The former Kogi governor had been declared wanted by the EFCC in April 2024.

 

More to come…

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