Senate President Godswill Akpabio has called upon the members of the panel investigating the N30tn “Ways and Means” loans acquired from the Central Bank of Nigeria (CBN) under the leadership of Godwin Emefiele by the Federal Government to conduct a thorough investigation. The Senate President emphasized the importance of uncovering all aspects of the loans during the inauguration of the 17-member Ad-hoc Committee in Abuja on Monday.
The committee, also tasked with probing the over N1tn Anchor Borrower Programme of the CBN from the previous administration, was urged to complete its investigation within six weeks. Akpabio stressed the need for the members to maintain impartiality and focus solely on their responsibilities, disregarding personal and partisan interests.
Recognizing the sensitivity of the investigation, Akpabio emphasized the importance of engaging with relevant stakeholders and maintaining confidentiality throughout the process. He urged the committee not to disclose any aspect of the report to the public until the investigation is concluded.
Akpabio stated, “The constitution of this committee is a testament to the Senate’s unwavering commitment to transparency, accountability, and good governance. It reflects our dedication to addressing the concerns of the Nigerian people and upholding the principles of democracy.”
Chairman of the ad-hoc committee, Senator Jibrin Isah, expressed confidence in the committee’s ability to fulfill its mandate. He assured Nigerians that the committee would carry out the investigation expeditiously and without compromise, urging concerned parties to cooperate by providing necessary documents.
The committee, led by Senator Jibrin Isah, comprises members from various political affiliations and regions, including Senators Asuquo Ekpenyong, Mohammed Tahir Monguno, Victor Umeh, Olamilekan Adeola, Sani Musa, Aliyu Wadada, Abdul Ningi, and Ipalibo Banigo Harry.
The investigation into the N30tn CBN loans and the Anchor Borrower Programme is expected to shed light on critical financial matters and ensure accountability in the management of public funds.
