The Senate Committee on Finance has issued a warrant of arrest against the Registrar-General of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, over his alleged repeated refusal to honour invitations to appear before the committee.
The warrant was issued on Thursday during a budget defence session involving the Federal Ministry of Finance and its agencies.
Chairman of the Senate Committee on Finance, Senator Sani Musa, accused the CAC boss of serially disregarding legislative summons and failing to account for issues relating to the commission’s revenue.
“The Registrar General has on so many occasions refused to honour invitations and summons by this committee,” Musa said.
He further alleged that the committee had unresolved concerns regarding the reconciliation of CAC revenues.
“We have issues with the reconciliation of the revenue of the CAC, but each time we summoned him, he would send a junior officer,” the chairman stated.
The matter was first raised by Senator Orji Uzor Kalu, who urged the committee to recommend Magaji’s removal from office to President Bola Tinubu.
Kalu argued that failure to comply with legislative oversight undermines accountability and the authority of the National Assembly.
Another member of the committee, Senator Adams Oshiomhole, proposed that no budgetary allocation should be approved for the CAC in the 2026 Appropriation Act until the Registrar-General personally appears before the lawmakers.
Oshiomhole also recommended that the commission be restrained from spending its internally generated revenue without prior approval from the National Assembly.
The committee subsequently endorsed the proposal to restrict the CAC’s access to its internally generated funds pending compliance.
The development underscores growing tension between the legislative arm and key government agencies over issues of financial accountability and compliance with oversight functions.
Further reactions from the CAC were not immediately available at the time of filing this report.
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