CBN Governor Faces Arrest Threat Over Missing ₦5.2 Trillion — House of Reps Blows Hot!
The Nigerian House of Representatives has issued a stern warning to the Central Bank of Nigeria (CBN) Governor, threatening his arrest over the unremitted ₦5.2 trillion in government funds.
Lawmakers accuse the apex bank of withholding massive revenues and flouting transparency laws. Despite repeated invitations, the CBN Governor has allegedly failed to provide clear explanations, prompting the legislative body to consider invoking its constitutional powers to ensure compliance.
This dramatic turn marks an escalating tension between Nigeria’s financial regulators and lawmakers, raising serious concerns over fiscal responsibility and transparency at the highest level.
#CBNProbe #MissingTrillions #HouseOfReps #FinancialAccountability
The Nigerian House of Representatives has issued a stern warning to the Central Bank of Nigeria (CBN) Governor, threatening his arrest over the unremitted ₦5.2 trillion in government funds.
Lawmakers accuse the apex bank of withholding massive revenues and flouting transparency laws. Despite repeated invitations, the CBN Governor has allegedly failed to provide clear explanations, prompting the legislative body to consider invoking its constitutional powers to ensure compliance.
This dramatic turn marks an escalating tension between Nigeria’s financial regulators and lawmakers, raising serious concerns over fiscal responsibility and transparency at the highest level.
#CBNProbe #MissingTrillions #HouseOfReps #FinancialAccountability
CBN Governor Faces Arrest Threat Over Missing ₦5.2 Trillion — House of Reps Blows Hot!
The Nigerian House of Representatives has issued a stern warning to the Central Bank of Nigeria (CBN) Governor, threatening his arrest over the unremitted ₦5.2 trillion in government funds.
Lawmakers accuse the apex bank of withholding massive revenues and flouting transparency laws. Despite repeated invitations, the CBN Governor has allegedly failed to provide clear explanations, prompting the legislative body to consider invoking its constitutional powers to ensure compliance.
This dramatic turn marks an escalating tension between Nigeria’s financial regulators and lawmakers, raising serious concerns over fiscal responsibility and transparency at the highest level.
#CBNProbe #MissingTrillions #HouseOfReps #FinancialAccountability
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