Senate gives Bank of Agriculture, two others one-week ultimatum over audit queries

The Senate Committee on Public Accounts has given the Bank of Agriculture (BOA), the Nigerian Security Printing and Minting Company, and the Rural Electrification Agency one week to appear before it and respond to outstanding audit queries.
The directive followed their failure to appear during the committee’s hearing on Tuesday in Abuja.
The secretary of the committee had informed the chairman, Senator Ibrahim Dankwambo (Gombe North), that he had received correspondence from the BOA stating that the bank had previously appeared before the panel between February 2023 and November 2024.
In the letter signed by its legal adviser, the bank also stated that issues raised during those appearances had been resolved with the committee and relevant government authorities.
The bank, however, requested details of any unresolved matters and sought at least two weeks to enable its management to collate documents.
But the committee chairman faulted the letter, noting that it was signed by officials below the rank of managing director and chief executive officer.
Mr Dankwambo maintained that all communications relating to committee invitations must be personally signed and transmitted by the agency’s chief executives.
He also criticised the bank’s failure to present its Managing Director before the committee, despite the fact that they were invited to explain outstanding audit issues.
The committee rejected the request for two weeks, insisting that agencies could not determine timelines for legislative oversight proceedings.
The committee members unanimously resolved that the Managing Director of BOA must personally appear before the committee within one week.
The lawmakers stressed that previous audit concerns regarding the bank remained unresolved, contrary to the claims in the correspondence.
The committee further warned that future communications signed by subordinate officers instead of the chief executives would no longer be entertained.
The lawmakers also described the absence of the Nigerian Security Printing and Minting Company and the Rural Electrification Agency as unacceptable and directed that the organisations be given a final one-week opportunity to appear before the panel.
Some members of the committee expressed concerns over what they described as a growing pattern of disregard for legislative summons by government agencies.
They noted that audit queries were serious accountability matters requiring prompt responses and should not be treated with indifference by public institutions.
The committee emphasised that it was acting on reports submitted through constitutional processes and not pursuing issues outside its statutory mandate.
The committee warned that agencies that failed to honour its invitations after the final notice would face sanctions in line with its powers.
Mr Dankwambo said that strong letters would be issued immediately to the defaulting agencies outlining unresolved issues requiring their attention.
He added that the agencies must appear within one week or risk sanctions for failing to cooperate with legislative oversight responsibilities.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Tinubu advised me never to negotiate with criminals, Gov Ododo says
“I don’t play with criminals, and I don’t negotiate with them. I can tell you that, as far as Kogi State is concerned, we don’t have a department for ransom payment,” he said.

Heading 1
U.S. has spent $37.5 billion on Iran war: Hegseth
“The estimate we have as of today is $37.5 billion,” Mr Hegseth said.

Lagos
Slain Lagos NURTW organising secretary buried amid tears
Mr Ajiboye died days after he was attacked by gunmen.

Africa
144 refugees, migrants dead, missing off Mauritania coast: UNHCR
“The refugees and migrants were reported dead or missing after attempting the perilous sea journey from West Africa towards Europe,” the agency said.

World
U.S. govt condemns Ortega’s ban on elections in Nicaragua
Mr Rubio urged the international community to rise against Mr Ortega’s dictatorship.

World
Zelensky sacks Ukraine’s top general after firing defence minister
Mr Syrskyi’s dismissal came days after Mr Zelensky fired Ukraine’s defence minister, Mykhailo Fedorov, a decision that sparked protests across the country.





