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Senate committee asks Tinubu to sack CAC Registrar-General

Naija News • 3d ago
Senate committee asks Tinubu to sack CAC Registrar-General
**Tinubu's Appointee Stays Away from Senate Probe** The Senate Committee on Finance has asked President Bola Tinubu to sack Hussaini Magaji, the Registrar-General and Chief Executive Officer of the Corporate Affairs Commission (CAC). This decision was reached after Mr Magaji failed to honour several invitations from the committee to account for the CAC's revenue and performance since taking office. The CAC is a crucial agency responsible for company registrations and other corporate affairs in Nigeria. Its head, Mr Magaji, has been accused of being evasive and uncooperative with the Senate committee. His repeated absence from Senate hearings has sparked concerns about transparency and accountability within the agency. The committee's chairman, Sani Musa, announced the resolution after the Minister of Finance, Wale Edun, and the Minister of Budget and Economic Planning, Atiku Bagudu, appeared before the panel to defend their budget proposals for 2026. The CAC registrar-general was absent, sending a representative instead. During the hearing, a motion was moved by Orji Kalu, a former governor of Abia State, to terminate Mr Magaji's appointment. Mr Kalu questioned why the registrar-general had failed to appear before the committee despite repeated warnings. He argued that if ministers who occupy higher offices could honour the committee's summons, Mr Magaji had no justification for failing to do so. The majority of committee members supported the motion, and the chairman subsequently announced the resolution to recommend Mr Magaji's removal to President Tinubu. The committee has expressed concerns about the CAC's revenue reconciliation and accused Mr Magaji of repeatedly sending junior officers in his place. This development has sparked debate about accountability and transparency in Nigeria's public service. It remains to be seen whether President Tinubu will heed the Senate committee's recommendation and sack Mr Magaji. One thing is clear, however: the CAC registrar-general's absence from Senate hearings has raised questions about his commitment to transparency and accountability.
Source: Original Article. AI-enhanced version.