1. Skip to Menu
  2. Skip to Content
  3. Skip to Footer

TSA Probe: Senate vows to defy blackmails and intimidations

The President of the 8th Senate, Senator Olubukola Saraki has defended the stance of the upper tsa probe 500x333chamber of the National Assembly on the recent, ongoing probe of the alleged fraudulent operations in the handling of the Treasury Single Account (TSA) and vowed that it would not be coaxed, coerced or cajoled in the dutiful discharge of its constitutional responsibilty.

It will be recalled that the Senate is investigating the fraud acclaimed to have amounted to N25 billion (being 1% of the N2.5 trillion funds mopped up in September 2015).

 Speaking at a plenary session on Tuesday, Senator Saraki said, ‘No amount of either blackmail or intimidation will stop us from doing the work we have to do. We have a responsibility here to ensure that there are no leakages in government funds and if there are, we will call the attention of the public and do whatever it takes to salvage the situation. It is our responsibility. The fact about the TSA will come out and everybody will have the opportunity before the committee to state the fact; the facts will speak for themselves.’

Senator Saraki was reacting to motion moved by Senator Dino Melaye (APC –Kogi West) over a newspaper article that had sought to paint the Senate as having an opposing vision to the President Muhammadu Buhari led executive arm of government.

Senator Melaye had drawn the attention of the said article to the Senate and accused its writer and content as being deliberately myopic and parochial which ought to be deemed unacceptable by the Senate, seeing that it attempts to blackmail the Senate of publicly disagreeing with the President. Senator Melaye, who, urged his colleagues not to be cajoled by individuals, groups or journalists who try to interfere with its oversight functions consequently submitted the newspaper article and a copy of a letter from the Central Bank of Nigeria’s Director of Banking and Payment to  the Managing Director of SystemSpecs (the said company in question) urging it to remit the 1% of the money it collected, as well as a copy letter sent from the Managing Director of Systmspecs to the Governor of the Central Bank of Nigeria and the Accountant General of the Federation that completely buttressed and elicited the decision of the Senate agreed last week to the Senate President who immediately referred the matter to its Committee on Ethics, Privileges and Public Petition.

In a related development, Senator Bassey Akpan (Akwa-Ibom North East) lamented the approval of N5,000 stipend for millions of youths in Nigeria by the executive arm of government, explaining that this extra-bugedtary decision would put an unplanned strain of over 125 billion Naira on the Government. Citing inconsistency of budget planning as the bane of most of the underdeveloped countries of the world, Senator Akpan decried the coming of new ideologies, visions and programs with every new government and urged the Senate to set up an uptodate, equipped, well-staffed budgetary system which must be strictly complied with by the government.

The Senate also finally adopted its own Legislative Agenda that sought to establish a guiding framework for its operations over the next 4 years. While promising to work in tandem with the House of Representatives, it hoped that adopting this agenda would especially help to reduce wastages, increase efficiency and fast-track the passage of priority bills so as to avoid the unfortunate scenarios of previous Senate sessions trying to pass a large number of bills before the expiration of its tenure.

Senate Clears Ministerial Nominees

Published on: 2015-10-14 00:05:45 Hits : 10407
Senate Clears Ministerial Nominees No filibustering Final list released Screening continues Contrary to expectation today, the Nigerian Senate has cleared all Ministerial nominees with no filibustering. They are Mr. Kayode Fayemi, Chief Audu Ogbeh, Osagie Ehanire, Am...

Readmore

Senate News

Plenary Reports

NEITI Audit Report: Senate Tasks Executive to Recover Unremitted Funds…

13 Bills to be Reviewed as Senate Commences Constitutional Amendment…

Environmental Health Officers Bill Passed…

Senate Intervenes to save Local Governments…

Senate Mourns Late Oba of Benin, Deceased Ekiti Medical Doctors…

Senate Seeks to Revamp Rail Transport by NRC Amendment Bill…

Prev
Next
  • 1
  • 2
  • 3
  • 4

The Senate | Federal Republic of Nigeria | National Assembly Complex | Three Arms Zone, PMB 141, Abuja | Nigeria