Senate panel gives BoA, NSPMC, REA one week to answer audit queries

The Senate Committee connected Public Accounts has fixed the Bank of Agriculture (BoA), the Nigerian Security Printing and Minting Company (NSPMC), and the Rural Electrification Agency (REA) 1 week to look earlier it and respond to outstanding audit queries.

The directive followed the agencies’ nonaccomplishment to look earlier the committee during its proceeding on Tuesday in Abuja.

However, the committee’s caput informed the chairman, Senator Ibrahim Dankwambo (Gombe North), that helium had received correspondence from the Bank of Agriculture signed by its ineligible adviser.

In the letter, the slope stated that it had antecedently appeared earlier the sheet betwixt February 2023 and November 2024 and that issues raised during those appearances had been resolved with the committee and applicable authorities authorities.

The slope requested details of immoderate unresolved matters and sought astatine slightest 2 weeks to alteration its absorption to collate documents.

Dankwambo faulted the letter, noting that it was signed by officials beneath the fertile of Managing Director and Chief Executive Officer.

The president maintained that each communications relating to committee invitations indispensable beryllium personally signed and transmitted by bureau main executives.

He besides criticised the bank’s nonaccomplishment to contiguous its Managing Director earlier the committee contempt being invited to e...