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.”

Heading 1
Two Nigerians convicted, jailed for seven years over armed robbery in Kuwait
The police said the two individuals stole foreign currencies equivalent to 4,600 Kuwaiti Dinars, valued at approximately $14,918.69.

Lagos
Lagos govt seeks science-backed solutions to climate, coastal risks
The Lagos government has urged scientists to provide evidence-based solutions to tackle climate change and strengthen resilience in coastal cities.

NationWide
Former Miss Universe Nigeria Chidimma Adetshina appears in South African court to fight deportation
In August 2024, the Department of Home Affairs stated that Ms Adetshina’s mother may have been involved in identity theft.

Rights
Lagos: Youth ministry reaffirms commitment to vulnerable children’s welfare
The Lagos government has reaffirmed its commitment to ensuring the welfare of children in orphanage homes across Lagos.

Politics
Kogi people assure Tinubu of victory in 2027 presidential poll
The Kogi government and key political stakeholders in the state have assured President Bola Tinubu and the APC of overwhelming votes in the 2027 elections.

Education
UNILAG inaugurates lecture series to promote humanities for global success
The University of Lagos (UNILAG) has inaugurated the English Department Alumni Lecture Series to promote humanities education as a pathway to global opportunities.





