NEITI audit probe suffers setback as CBN, NDDC, NUPRC shun Senate hearing

The planned probe of the 2021 to 2023 audit reports connected the lipid and state manufacture by the Nigeria Extractive Industries Transparency Initiative (NEITI) suffered a setback connected Monday arsenic cardinal agencies shunned a Senate nationalist hearing.

The absorption of the Central Bank of Nigeria (CBN), the Niger Delta Development Commission (NDDC), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), arsenic good arsenic NEITI, failed to look earlier the Senate Public Accounts Committee, chaired by Senator Ibrahim Dankwabo (PDP, Gombe North).

The committee had scheduled a three-week nationalist proceeding based connected audit reports presented by NEITI.

Miffed by their absence, the committee directed the absorption of the CBN, NDDC and NUPRC to unfailingly look earlier it connected Thursday, August 6, 2026.

Senator Dankwabo said nonaccomplishment by immoderate of the affected agencies to honour the rescheduled quality would pull superior sanctions arsenic provided for successful the 1999 Constitution and the Senate Standing Orders.

A subordinate of the committee, Senator Babangida Hussaini (APC, Jigawa North West), recommended that law provisions beryllium invoked against the heads of the absentee agencies.

“I trust connected Sections 47 and 60 of the 1999 Constitution, arsenic amended, arsenic good arsenic applicable provisions o...