Budget Defence: Senate Gives Police 24 Hours To Produce Registrar, Corporate Affairs Commission

The New Diplomat
Writer

Ad

Wike, Fubara Absent As Ibas Holds Farewell Thanksgiving Service

By Abiola Olawale Minister of the Federal Capital Territory (FCT), Nyesom Wike, and suspended Governor Siminalayi Fubara of Rivers State were absent from the inter-denominational thanksgiving service held on Sunday to mark the end of emergency rule. The event, organized by the Rivers State Government, served as a farewell for Sole Administrator Vice Admiral Ibok-Ete…

Oritsemeyin’s license revocation, a clear warning to oil operators – expert

By Obinna Uballa The Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) revocation of the Oritsemeyin drilling rig’s operating licence is a wake-up call to upstream operators to tighten compliance with safety and operational standards, according to oil and gas consultant Dr. Maurice Ibe. Ibe, Group Executive Chairman of Benham Group, said the decision underscored the regulator’s…

PIA: Tinubu moves to transfer concessionaire powers from NNPCL to NUPRC in major shakeup

...MOFI to take control of NNPCL shares By Obinna Uballa Nigeria’s oil and gas industry is set for another major shake-up as President Bola Tinubu has reportedly approved sweeping proposed amendments to the Petroleum Industry Act (PIA) 2021, transferring ownership and concessionaire powers away from the Nigerian National Petroleum Company Limited (NNPCL). In a notice…

Ad

By Agency Report

The Senate through its committee on Finance has mandated the Inspector General of Police to compel the appearance of the Registrar General of Corporate Affairs Commission, Garba Lawal before it within 24 hours.

Senate Committee Chairman, Sani Musa gave the order after the Registrar General shunned the Committee’s invitation for the third time Wednesday.

The Registrar was expected to appear to defend the Commission’s 2024 budget, but some financial discrepancies were spotted by the Committee in the book of accounts submitted and required further explanation.

The four senior officials of the Corporate Affairs Commission having confirmed several letters of invitation by the Clerk of the Senate Committee on Finance could not explain the reasons for the RG’s absence

The lawmakers called for punitive measures against the Registrar to serve as a deterrent to others.

In his ruling after reactions by the Committee members, Sani Musa says “

“I am invoking Section 89(2) mandating the Inspector General of Police to compel the appearance of the Registrar General of the Corporate Affairs Commission before the Senate Committee on Finance within 24 hours.” AIT

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp