Reps summon CBN governor over revenue leakages

The House of Representatives Public Accounts Committee (PAC) has summoned the Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, to appear before it on or before Tuesday, March 5, or face an arrest warrant.
Rep. Bamidele Salam, the chairman of the committee, said this in Abuja on Tuesday at the resumed investigative hearing of the committee on revenue leakages.
Mr Salam expressed reservations over the governor’s approach to President Bola Tinubu’s reform agenda.
The CBN governor had sent Ogbulu Peter, an assistant director, to represent him at the hearing, drawing the irk of the lawmakers.
“I feel somehow alarmed at the kind of vibes we get from the Central Bank Of Nigeria and especially the governor of the bank, Mr Olayemi Cardoso.
“I have reasons to doubt whether the CBN governor is interested in the success of President Bola Tinubu’s administration.
“I have serious doubt as to whether he is actually interested in reinventing Nigeria and bringing Nigeria out of the woods economically and financially,” Mr Salam said.
The committee expressed concerns over the CBN governor’s attitude to the parliament’s invitation on several occasions.
The committee chairman emphasised the importance of the CBN’s accountability to the legislative body and the Nigerian people.
He said, “I have tremendous respect for him, but his conduct since assuming this office has left much to be desired.
“Honorable colleagues, in this same committee room, we have written letters several times, and I am not talking about 5, 6, 7, 8,9 concerning one matter or another.”
(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

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
Ex-VON DG lauds Tinubu for enlisting South-East in renewed electricity road map
“I am happy that President Tinubu has vindicated some of us that he will not abandon the South-East.’’

Uncategorized
Troops reject N1.5 million bribe from alleged cattle rustlers in Plateau
Mr Oya urged personnel of other security agencies to emulate the act.

States
Jigawa plans rice, spaghetti distribution to residents ahead of Ramadan
Mr Musa said the gesture was to cushion the hardship people faced due to rising cost of food in the market.

NationWide
Nigerian jailed 18 months for multimillion-dollar scams targeting elderly Americans
The FBI and our law enforcement partners will never stop working to shut down elder fraud schemes.

States
UNICAL student nabbed over teenager’s kidnap, receipt of N50,000 ransom
The NSCDC spokesperson said that the 21-year-old suspect kidnapped the student while returning home from school.

NationWide
Technocrats suggest ways to industrialise Nigeria
Mr Falobi suggested 18 ways the government can fund the budget and the economy without borrowing.