Home Business Senate may sanction CBN, NPA, others for failing to appear before committee

Senate may sanction CBN, NPA, others for failing to appear before committee

by Kunle Awosiyan
senate

The Senate has threatened to sanction heads of some revenue generating agencies of the Federal Government if they fail to appear before the Senate Joint Committee on Finance and National Planning on Thursday.

The heads of relevant agencies were invited by the National Assembly to defend their positions as contained in the 2021-2023 Medium Term Expenditure Framework And Fiscal Strategy Paper, MTEF/FSP.

The chairman of the Senate Committee on Finance, Senator Solomon Olamilekan made the threat while presiding over a Five-Day Public Hearing on the 2021-2023 MTEF/FSP on Wednesday.

Among the agencies conspicuously absent or had representatives include the Central Bank of Nigeria, Nigerian Ports Authority, Nigeria Communication Commission, Nigeria Shippers Council, NIMASA, FIRS, USFP and NNLG.

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