* Sani Musa alleges widespread revenue retention, says some agencies have withheld government funds since 2020
Sunday Aborisade in Abuja
The Senate on Wednesday initiated moves to compel the Central Bank of Nigeria (CBN), the Nigerian National Petroleum Company Limited (NNPCL) and about 40 other ministries, departments and agencies (MDAs) to appear before its Committee on Finance over alleged failure to account for public revenues and persistent disregard for legislative invitations.
The upper chamber also warned that continued defiance of the National Assembly’s constitutional oversight powers would attract appropriate sanctions, declaring that no government agency was above legislative scrutiny.
The resolution followed a motion presented by the Chairman of the Senate Committee on Finance, Senator Sani Musa.
