Nigeria Senate summons finance minister, CBN governor, other over $462m helicopter purchase

businessamlive

The Nigeria Senate has invited Kemi Adeosun, the minister of finance, Mansur Dan-Ali, minister of defence, and Godwin Emefiele, the Central Bank governor over the alleged illegal withdrawal of $462m from the Consolidated Revenue Account.

The money was, however, said to have been withdrawn with the approval of the National Assembly and paid to an American firm for the purchase of helicopters.

At the plenary Tuesday, Senator Samuel Anyanwu (PDP, Imo-East) raised a point of order, alleging that Section 80(2) and (3) of the 1999 Constitution had been breached.

Godwin Emefiele, Nigeria’s Central Bank governor and Kemi Adeosun, the minister of finance

Anyanwu said, “I have it on good authority that in March 2018, from the Federation Account, a whopping sum of $462m was withdrawn and paid for (the purchase of) helicopters to an American firm. And this is without the approval of the National Assembly or the Senate.

“I know that there was no time when there was any request (for approval) from this Senate before any withdrawal from the Consolidated Federation Account.

“I, therefore, as a senator, want us to find out if that thing (withdrawal) was done.

“I will request and suggest we invite the CBN governor, the Minister of Finance and the Minister of Defence to tell us how this money was withdrawn and paid to an American company — a whopping $462m — without the approval of this Senate.”

Ike Ekweremadu, Deputy President of the Senate, who presided over the plenary, put the request to a voice vote and it was unanimously granted.

Ekweremadu referred the matter to the Committee on Appropriations, asking it to invite the ministers and the CBN governor.

“The Appropriations Committee should invite the three: the Minister of Finance, the CBN governor and the Minister of Defence to shed light on the release,” he said.

Share This Article
Follow:
Onome Amuge is a Nigerian journalist and content writer known for his analytical and engaging reporting on business, finance, agriculture, commodities, and technology. He is currently a journalist at Business a.m., a Nigerian business-focused newspaper, where he has authored over 360 articles covering a wide range of topics including economic trends, market analysis, and policy developments.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *