Spear News
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

    Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

    Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

    Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

    MMA2: FG, Bi-Courtney End 20-Year Dispute as Keyamo Signs Agreement

    MMA2: FG, Bi-Courtney End 20-Year Dispute as Keyamo Signs Agreement

    Afenifere National Leader Reuben Fasoranti Dies at 100

    Afenifere National Leader Reuben Fasoranti Dies at 100

    Babalakin Hails Tinubu, Keyamo as 20-Year MMA2 Dispute Finally Ends

    Babalakin Hails Tinubu, Keyamo as 20-Year MMA2 Dispute Finally Ends

    BREAKING: FG Confirms Ebola Case in FCT

    BREAKING: FG Confirms Ebola Case in FCT

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    How AI Can Transform Nigeria’s Economy – Don

    How AI Can Transform Nigeria’s Economy – Don

    Brain Implant Turns Thoughts into Speech in Near Real-time

    Brain Implant Turns Thoughts into Speech in Near Real-time

    AI Startup Perplexity Confirms Interest to Buy TikTok

    AI Startup Perplexity Confirms Interest to Buy TikTok

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    PSG Stun Barcelona 4-2 in Champions League Classic at the Parc des Princes

    PSG Stun Barcelona 4-2 in Champions League Classic at the Parc des Princes

    30-Day Ban, €255 Fine! Portugal Gives Ronaldo Pocket-money Punishment

    30-Day Ban, €255 Fine! Portugal Gives Ronaldo Pocket-money Punishment

    Chelsea Secure 2-0 Win at Everton

    Chelsea Secure 2-0 Win at Everton

    PSG Outscore Man City In Six-Goal Champions League Thriller

    PSG Outscore Man City In Six-Goal Champions League Thriller

    Real Madrid Comeback Stuns Roma as Mourinho Enjoys Happy Reunion

    Real Madrid Comeback Stuns Roma as Mourinho Enjoys Happy Reunion

    Villa Put Six Past Fenerbahce In Record Rout

    Villa Put Six Past Fenerbahce In Record Rout

  • Lifestyle
    • All
    • Food
    • Health
    • Travel
    Omojuwa and Wife Welcome First Child

    Omojuwa and Wife Welcome First Child

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    Raimi Crowned Miss World Nigeria 2025

    Raimi Crowned Miss World Nigeria 2025

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Why I Date Younger Men – Amber Rose

    Why I Date Younger Men – Amber Rose

    Scientists Trace Origin of Water

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Contact Us
  • About Us
  • Privacy Policy
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

    Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

    Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

    Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

    MMA2: FG, Bi-Courtney End 20-Year Dispute as Keyamo Signs Agreement

    MMA2: FG, Bi-Courtney End 20-Year Dispute as Keyamo Signs Agreement

    Afenifere National Leader Reuben Fasoranti Dies at 100

    Afenifere National Leader Reuben Fasoranti Dies at 100

    Babalakin Hails Tinubu, Keyamo as 20-Year MMA2 Dispute Finally Ends

    Babalakin Hails Tinubu, Keyamo as 20-Year MMA2 Dispute Finally Ends

    BREAKING: FG Confirms Ebola Case in FCT

    BREAKING: FG Confirms Ebola Case in FCT

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    Superintelligence AI Now Within Reach, Says Meta CEO Zuckerberg

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    3 Common Mistakes Beginners Make When Choosing a Tech Skill, How You Can Avoid Them

    How AI Can Transform Nigeria’s Economy – Don

    How AI Can Transform Nigeria’s Economy – Don

    Brain Implant Turns Thoughts into Speech in Near Real-time

    Brain Implant Turns Thoughts into Speech in Near Real-time

    AI Startup Perplexity Confirms Interest to Buy TikTok

    AI Startup Perplexity Confirms Interest to Buy TikTok

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Microsoft Announces the End of an Era: Skype to Be Discontinued After 21 Years

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    PSG Stun Barcelona 4-2 in Champions League Classic at the Parc des Princes

    PSG Stun Barcelona 4-2 in Champions League Classic at the Parc des Princes

    30-Day Ban, €255 Fine! Portugal Gives Ronaldo Pocket-money Punishment

    30-Day Ban, €255 Fine! Portugal Gives Ronaldo Pocket-money Punishment

    Chelsea Secure 2-0 Win at Everton

    Chelsea Secure 2-0 Win at Everton

    PSG Outscore Man City In Six-Goal Champions League Thriller

    PSG Outscore Man City In Six-Goal Champions League Thriller

    Real Madrid Comeback Stuns Roma as Mourinho Enjoys Happy Reunion

    Real Madrid Comeback Stuns Roma as Mourinho Enjoys Happy Reunion

    Villa Put Six Past Fenerbahce In Record Rout

    Villa Put Six Past Fenerbahce In Record Rout

  • Lifestyle
    • All
    • Food
    • Health
    • Travel
    Omojuwa and Wife Welcome First Child

    Omojuwa and Wife Welcome First Child

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    BREAKING: Oba Abimbola Owoade Crowned as 46th Alaafin of Oyo

    Raimi Crowned Miss World Nigeria 2025

    Raimi Crowned Miss World Nigeria 2025

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Delta Man Counsels Married Men As He Blames ‘Adulterous Wives’ For Deaths Of Young Men In His Community

    Why I Date Younger Men – Amber Rose

    Why I Date Younger Men – Amber Rose

    Scientists Trace Origin of Water

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Contact Us
  • About Us
  • Privacy Policy
No Result
View All Result
Spear News
No Result
View All Result
Try out Batiwifi today Try out Batiwifi today Try out Batiwifi today
ADVERTISEMENT
Home News

Senate Gives Bank of Agriculture, Two Others One-week Ultimatum Over Audit Queries

spearnewsonline by spearnewsonline
June 10, 2026
in News
Senate Gives Bank of Agriculture, Two Others One-week Ultimatum Over Audit Queries
Share on FacebookShare on Twitter

The Senate Committee on Public Accounts has given the Bank of Agriculture (BOA), the Nigerian Security Printing and Minting Company, and the Rural Electrification Agency one week to appear before it and respond to outstanding audit queries.

The directive followed their failure to appear during the committee’s hearing on Tuesday in Abuja.

The secretary of the committee had informed the chairman, Senator Ibrahim Dankwambo (Gombe North), that he had received correspondence from the BOA stating that the bank had previously appeared before the panel between February 2023 and November 2024.

In the letter signed by its legal adviser, the bank also stated that issues raised during those appearances had been resolved with the committee and relevant government authorities.

Related ArticlesPosts

Kingibe is Not Going Back to the Senate Next Year — Wike Vows

Senate Under Fire as N1.3bn Phantom Agency Scandal Rocks N’Assembly

The bank, however, requested details of any unresolved matters and sought at least two weeks to enable its management to collate documents.

But the committee chairman faulted the letter, noting that it was signed by officials below the rank of managing director and chief executive officer.

Mr Dankwambo maintained that all communications relating to committee invitations must be personally signed and transmitted by the agency’s chief executives.

He also criticised the bank’s failure to present its Managing Director before the committee, despite the fact that they were invited to explain outstanding audit issues.

The committee rejected the request for two weeks, insisting that agencies could not determine timelines for legislative oversight proceedings.

The committee members unanimously resolved that the Managing Director of BOA must personally appear before the committee within one week.

The lawmakers stressed that previous audit concerns regarding the bank remained unresolved, contrary to the claims in the correspondence.

The committee further warned that future communications signed by subordinate officers instead of the chief executives would no longer be entertained.

The lawmakers also described the absence of the Nigerian Security Printing and Minting Company and the Rural Electrification Agency as unacceptable and directed that the organisations be given a final one-week opportunity to appear before the panel.

Some members of the committee expressed concerns over what they described as a growing pattern of disregard for legislative summons by government agencies.

They noted that audit queries were serious accountability matters requiring prompt responses and should not be treated with indifference by public institutions.

The committee emphasised that it was acting on reports submitted through constitutional processes and not pursuing issues outside its statutory mandate.

The committee warned that agencies that failed to honour its invitations after the final notice would face sanctions in line with its powers.

Mr Dankwambo said that strong letters would be issued immediately to the defaulting agencies outlining unresolved issues requiring their attention.

He added that the agencies must appear within one week or risk sanctions for failing to cooperate with legislative oversight responsibilities.

(NAN)

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
Tags: 𝗕𝗮𝗻𝗸 𝗼𝗳 𝗔𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗲Senate
ShareTweetShareShare
Previous Post

Senate Urges Ban on Textile Imports, Calls For Revival of Local Mills

Next Post

Lagos Targets 21st-century Industrial Hub Status, Woos Investors

Related Posts

Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy
News

Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary
News

Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

ADC Fires Warning Ahead of 2027, Says ‘We Won’t Accept Rigging’
Politics

ADC Alleges Tinubu Plans to Announce Fuel Tax on Inauguration Day If Re-Elected

Next Post
Lagos Targets 21st-century Industrial Hub Status, Woos Investors

Lagos Targets 21st-century Industrial Hub Status, Woos Investors

Discussion about this post

  • Trending
  • Comments
  • Latest
Nigeria Has Paid Its 2025 UN Membership Dues in Full – Guterres

Nigeria Has Paid Its 2025 UN Membership Dues in Full – Guterres

Appeal Court Reserves Judgement in Akpabio, Natasha’s Appeals

Appeal Court Reserves Judgement in Akpabio, Natasha’s Appeals

FG Begins Emergency Repair of Failed Section of Apongbon Bridge

FG Begins Emergency Repair of Failed Section of Apongbon Bridge

Seriki Fulani Arrested as Police Recover Ransom Bag in His Kitchen, Son Escapes Through Bush

Seriki Fulani Arrested as Police Recover Ransom Bag in His Kitchen, Son Escapes Through Bush

El-rufai Holding On for a Better Deal?

El-rufai Holding On for a Better Deal?

Senator Natasha Slams Akpabio with N100b Defamation Suit

Senator Natasha Slams Akpabio with N100b Defamation Suit

Kaduna State Hosts Launch of Free to Shine Campaign to Combat HIV/AIDS, Syphilis, Hepatitis

A New Chapter in Nigeria-UAE Aviation Relations: Keyamo’s Masterstroke at ICAO Symposium

A New Chapter in Nigeria-UAE Aviation Relations: Keyamo’s Masterstroke at ICAO Symposium

PSG Stun Barcelona 4-2 in Champions League Classic at the Parc des Princes

PSG Stun Barcelona 4-2 in Champions League Classic at the Parc des Princes

Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

ADC Fires Warning Ahead of 2027, Says ‘We Won’t Accept Rigging’

ADC Alleges Tinubu Plans to Announce Fuel Tax on Inauguration Day If Re-Elected

Recent News

PSG Stun Barcelona 4-2 in Champions League Classic at the Parc des Princes

PSG Stun Barcelona 4-2 in Champions League Classic at the Parc des Princes

Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

ADC Fires Warning Ahead of 2027, Says ‘We Won’t Accept Rigging’

ADC Alleges Tinubu Plans to Announce Fuel Tax on Inauguration Day If Re-Elected

Spear News

The Spear News – Piercing the Truth
Delivering accurate, in-depth, and unbiased news, The Spear News is committed to uncovering the truth and keeping you informed. Stay ahead with credible journalism that cuts through the noise.

Follow Us

Browse by Category

Recent News

PSG Stun Barcelona 4-2 in Champions League Classic at the Parc des Princes

PSG Stun Barcelona 4-2 in Champions League Classic at the Parc des Princes

Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

Governor Okpebholo Unveils Plan to Revive Edo’s Rubber Economy

Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

Otti Announces Two Ultra-Modern Court Complexes, 10 New Courthouses for Abia Judiciary

ADC Fires Warning Ahead of 2027, Says ‘We Won’t Accept Rigging’

ADC Alleges Tinubu Plans to Announce Fuel Tax on Inauguration Day If Re-Elected

© 2025 The Spear News Nigeria

No Result
View All Result
  • Home
  • News
  • Tech
  • Entertainment
  • Lifestyle
  • Contact Us
  • About Us
  • Privacy Policy

© 2025 The Spear News Nigeria