NewsOnline Nigeria reports that the Senate is gearing up to summon the former Governor of the Central Bank of Nigeria(CBN) Godwin Emefiele, regarding 13 infractions uncovered during the process of securing the N30 trillion Ways and Means loan under former President Muhammadu Buhari’s administration.
This Nigeria news platform understands that during a meeting with officials of the apex bank on Tuesday, the Senate ad hoc committee investigating the disbursement and utilization of the Ways and Means loan disclosed their intention to call on Emefiele to clarify certain details concerning the identified infractions.
Chairman of the Senate committee, Senator Isah Jibrin, (Kogi East), accused Emefiele of unilaterally approving billions of naira across various tranches of the loans without following due process.
“The committee of governors ought to be the signatories to the Ways and Means account but in the document we have here, the governor signed billions of naira in about 13 places,” Senator Jibrin stated.
“We want to know the total figure of the Ways and Means. We want to know the summation of the figure.”
Despite acknowledging the Central Bank’s 70 per cent implementation of the Anchors Borrowers Programme, the committee insisted on the completion of the remaining 30 per cent.
Chairman of the Senate Committee on Ways and Means, Senator Isah Jubrin, emphasized, “Where it is absolutely necessary, we will not hesitate to invite the former CBN governor, Emefiele.”
APC has suspended Senator Jimoh Ibrahim over alleged anti-party activities. NewsOnline Nigeria reports that…
The 2024 SSCE NECO Timetable has been released, Download NECO Timetable PDF Below. NewsOnline…
Top Lagos Government Official, Gboyega Soyannwo is dead. NewsOnline Nigeria reports that the governor…
Court has jailed a Former Minister for 20 years. NewsOnline Nigeria reports that a…
Justice Anenih has granted Emefiele N300m bail over unlawful Naira redesign. NewsOnline Nigeria reports…
Nigeria inflation has risen to 33.69% in April, according to data released by the NBS.…