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Senate Threatens 100 Agencies With Zero Budget Allocations …Kicks Against CBN’s New Withdrawal Policy
The 2023 budgetary allocations of about 100 agencies of the Federal Government are under serious threat over the failure of the agencies to honour the Senate invitations to clear queries issued them by the Office of the Auditor General of the Federation.
The Senate also kicked against plan by the Central Bank of Nigeria (CBN) to limit cash withdrawal by any individual to N100,000 and Corporate bodies to N500,000 per week from January 9, 2023.
The Senate at its plenary, took the decision to bring the 2023 statutory allocations of the said agencies to zero following complaints by the Chairman of the Senate Committee on Public Account, Senator Matthew Urhoghide.
Urhoghide, coming through Orders 42 and 95 of the Senate Standing Rules, rose to complain on alleged recalcitrance of heads of the affected agencies to honour invitations sent to them by his committee for required appearance before it on queries raised against them by the Office of the Auditor General of the Federation .
He said, “Mr President, heads of agencies totalling about 100, indicted in various audit reports forwarded to the Public Account Committee by Office of the Auditor General of the Federation in line with provisions of sections 62, 88 and 89 of the 1999 Constitution, have repeatedly failed to appear before us.
“This to us is against the Constitution and policy of accountability and transparency of the Federal Government.
“I crave your indulgence that we invite through your order either by way of warrant of arrest or anything so that these agencies can come and we can complete our report and submit to this Senate”, he said.
The President of the Senate, Dr Ahmad Lawan, angered by the report, requested for the list of the affected agencies, read them out to all Senators and ordered that they should appear before the committee within one week or risk zero budget allocation in 2023 as far as capital expenditure component is concerned.
“Your point of order is sustained fully and completely, totally sustained, you are right on the dot to bring to the plenary your grievances.
“Reading this list at plenary gives the agencies opportunity to now know if they were not aware before for those that may claim ignorance and I am taking the opportunity here to advise that in the next one week if the name of any agency is here that agency should reach the Committee on Public Account of the Senate to sort out when the agency would appear before the committee.
“If there is no communication whatsoever and no cogent and verifiable reason is given, we will slash the budget of the agencies as far as capital component is concerned.
“Heads of the affected agencies must take this very seriously because any serving public officer must be ready to render accounts on public funds and if not ready to do so, should quit, since nobody should be above the law”, he said.
Some of the affected agencies include the State House, Presidential Fleet, Ministry of Finance, the Nigeria Army, the Navy, Air Force, the Nigerian Police Force and the Independent National Electoral Commission (INEC), among others.
Meanwhile, complaint against CBN’s planned N100, 000 withdrawal per person per week came through a motion by Senator Philip Tanimu Aduda but was aborted by the Senate President.
Aduda in the attempted motion, sought for debate from all senators on the planned policy before the Senate President intercepted him that it was too early to debate the policy.
The Senate President said, “As good as the cashless policy may be, it shouldn’t be jumped at, at once.
“The way CBN is going about the policy, many Nigerians would be cut off and that won’t be accepted.
“Motion on the policy will be thoroughly debated in Senate on Tuesday next week after adequate information has been gotten on it.
“Before Tuesday next week, our Committee on Banking, Insurance and other Financial Institutions mandated to screen the re-appointed Deputy Governors of Central Bank, should focus its questions on the planned policy.
“The CBN Deputy Governors must be thoroughly drilled on the policy after which extensive debate on it will be made by Senators on Tuesday, next week”.
By: NnekaAmaechi-Nnadi, Abuja
The 23 For OK & P-BAT Movement, a political pressure group championing the re-election of President Bola Ahmed Tinubu and the governorship ambition of Honourable Ogundu Kingsley Chinda across the 23 Local Government Areas of Rivers State ahead of the 2027 elections, has congratulated both leaders on their victories at the recently concluded All Progressives Congress (APC) primaries.
In a statement issued by the National Coordinator, Amb. Goodluck Braide, who also doubles as the President of the Renewed Hope Multi-Purpose Co-Operative Limited, President Tinubu’s victory at the APC presidential primaries in Rivers State was described as a reflection of his growing popularity and acceptance among Nigerians. The group noted that since assuming office in 2023, the President has implemented bold economic reforms aimed at repositioning the country for sustainable growth, prosperity, and national development.
According to the group, the outcome of the primaries is an indication of what to expect in the 2027 general elections.
The group also congratulated Honourable Ogundu Kingsley Chinda on his emergence as the APC governorship flag bearer in Rivers State, describing the primary election process as peaceful, transparent, free, and fair. It stated that Chinda’s emergence signals increasing political unity among Rivers people across ethnic and political divides.
According to the movement, the APC made a strategic and wise decision in presenting Chinda as its governorship candidate, citing his leadership experience, competence, charisma, and proven capacity as qualities that position the party for victory in the forthcoming governorship election in the state.
Amb. Goodluck Braide, National Coordinator
The statement further acknowledged the role of the Minister of the Federal Capital Territory, Nyesom Ezenwo Wike, praising his political foresight, resilience, and commitment to maintaining unity within the political structure in Rivers State while ensuring the state remains relevant in national politics.
The group equally commended the leadership of the APC National Chairman, Professor Nentanwe Yilwatda, noting that under his leadership since July 2025, the party has witnessed renewed strength, unity, and political growth ahead of the 2027 elections.
It also congratulated the people of Rivers State and Nigerians generally for their continued support and confidence in the Tinubu administration, which it said has made notable progress in promoting national cohesion, social integration, and economic development.
The Rivers State Government has commended the Church of Nigeria (Anglican Communion) for its outstanding contributions to the development of Rivers State, particularly in the areas of peacebuilding, education, healthcare, and moral development.
Governor of Rivers State, Siminalayi Fubara, stated that the Church has remained a dependable partner in promoting peace, unity, justice, moral discipline, and social harmony across society.
The Governor, who was represented by the Secretary to the State Government, Dr. Dagogo Wokoma, made the remarks during the thanksgiving service marking the 30th Anniversary and First Session of the 11th Synod of the Diocese of Niger Delta North, held at St. Peter’s Anglican Church on Sunday.
Governor Fubara described the Synod’s theme, “Kingdom Advancement: The Priority of Every Believer,” as timely and relevant, considering the prevailing realities in society.
According to him, the Church continues to play a vital role in shaping societal values and inspiring hope among citizens.
“The Church remains a vital partner in promoting peace, unity, justice, and moral discipline. Its role in shaping values and inspiring hope cannot be overemphasized,” he stated.
The Governor further acknowledged the Anglican Communion’s contributions in education, healthcare delivery, youth empowerment, humanitarian services, and spiritual guidance across communities in Rivers State.
“The Rivers State Government appreciates the invaluable contributions of the Anglican Communion in education, healthcare, youth development, humanitarian support, and spiritual guidance. Your impact across communities in Rivers State continues to strengthen families and promote peaceful coexistence among our people,” he added.
Governor Fubara reaffirmed his administration’s commitment to building a peaceful, united, and prosperous Rivers State where all citizens can thrive irrespective of religion, ethnicity, or social background.
He also urged the Synod to continue praying for sustainable development and progress in Rivers State and Nigeria at large.
Earlier in his sermon, the Guest Minister, Joseph Olushola, spoke on the topic, “Kingdom Investment and Internal Rewards,” urging Christians to remain faithful stewards of God’s blessings and committed to advancing God’s kingdom through service and generosity.
The cleric emphasized that believers are custodians of the virtues and resources entrusted to them by God, stressing that divine rewards are based on faithfulness and impact rather than material possessions.
The Shell Nigeria Gas Limited, in partnership with the Manufacturers Association of Nigeria (MAN), has reaffirmed support for efforts to expand gas distribution infrastructure in Rivers State as part of initiatives aimed at improving access to affordable, cleaner and more reliable energy for industries across the South-South region.
The commitment was highlighted during the SNG–MAN Business Forum held in Port Harcourt, where stakeholders from the industrial and public sectors examined the role of natural gas in driving industrialisation, boosting local production and strengthening energy security.
Speaking at the forum on behalf of the Managing Director of Shell Nigeria Gas Limited, the company’s Head of Gas Distribution, Mr. Chukwuka Amos Ejesi, described natural gas as a critical component of Nigeria’s energy mix and a key driver of sustainable industrial growth.
According to him, Nigeria’s gas development agenda has reached a stage where policy direction must be matched with practical implementation capable of addressing the energy challenges confronting manufacturers.
He noted that pipeline gas offers industries a cleaner, more dependable and cost-effective energy alternative capable of supporting uninterrupted operations, reducing emissions and improving production efficiency.
“Gas is the backbone of manufacturing, and we are encouraged by the growing recognition among stakeholders of the need for cleaner and more reliable energy solutions,” he said.
Ejesi stressed the need for sustained collaboration among energy providers, government institutions and industrial stakeholders to maximise the country’s gas resources for economic development.
He added that improved gas infrastructure would strengthen manufacturing value chains, enhance productivity and promote more competitive industrial operations across Rivers State and the wider South-South region.
Participants at the forum also emphasised the importance of expanding energy infrastructure as a pathway to unlocking industrial capacity, reducing operating costs and promoting sustainable industrial development.
Representing Governor Siminalayi Fubara, the Director-General of the Rivers State Investment Promotion Agency, Dr. Chamberlain Peterside, reaffirmed the state government’s commitment to partnering with private sector investors to revitalise industrial activities in the state.
He identified key projects targeted under the initiative to include the revival of the Ahoada Industrial Park, the New Port City project and the proposed Bonny Industrial Park, all aimed at stimulating economic growth and expanding industrial opportunities along the Bonny corridor.
According to the governor, the long-term vision is to position Rivers State as a leading manufacturing hub in Southern Nigeria through strategic public-private partnerships.
Governor Fubara also commended Shell Nigeria Gas and MAN for sustaining engagements geared towards improving industrial energy access, noting that gas infrastructure development remains central to the state’s economic recovery plans.
He further observed that the gas sector presents enormous opportunities for economic growth, especially as global energy systems continue to shift towards cleaner energy sources.
The governor called on stakeholders to work collectively towards developing a practical and sustainable gas framework capable of supporting the state’s industrial and energy development objectives.
By; Kevin Nengia
