N30trn Revenue Fraud: Senate Orders the Arrest of 30 CEOs

Hamilton Nwosa
Writer

Ad

Tinubu’s security emergency is only a half measure, by Owei Lakemfa

By Owei Lakemfa I have worried that President Bola Tinubu did not appreciate the fact that our country is at war against vicious, unfeeling bandits and terrorists who massacre babies, children, the young and the old. But on November 26, 2025, he proclaimed a state of emergency declaring war on these criminals some of who…

Obi Slams ECOWAS Over Guinea-Bissau: Calls Out ‘Double Standard’ 

By Abiola Olawale Former Labour Party Presidential candidate Peter Obi has criticized the Economic Community of West African States (ECOWAS), accusing the regional body of applying a glaring "double standard" in its response to the recent political turmoil in Guinea-Bissau. ​In a strong statement released on his X handle on Sunday, titled "Reflecting on the…

Ad

The Senate has ordered the arrest of the chief executive officers of 30 companies for allegedly failing to appear before it, the News Agency of Nigeria reports.

The companies include mobile giant, Globacom, and Crown Flour Mills.

A Senate committee, headed by Hope Uzodinma, had earlier invited the chief executives as part of its investigation into a ‘N30 trillion’ revenue scam allegedly perpetrated by the firms.

The Senate had on Wednesday threatened to issue the arrest warrants; but on Thursday, it said it was extending the appearance till next week.

The News Agency of Nigeria, however, reports that the order to arrest the chief executives was given on Friday.

Details later…

Ad

X whatsapp