Thu, 26 Feb 2026

 

BREAKING: Senate orders arrest of CAC Registrar
 
By: Abara Blessing Oluchi
Thu, 26 Feb 2026   ||   Nigeria,
 

The Senate Committee on Finance has issued a warrant of arrest for the Registrar-General of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, following his alleged failure to honour multiple invitations to appear before the panel.

The decision was taken on Thursday during a budget defence session involving the Federal Ministry of Finance and its agencies.

Chairman of the Committee, Sani Musa, said the Registrar-General had repeatedly disregarded summons issued by lawmakers. He accused Magaji of consistently delegating junior officers to represent the commission at hearings instead of appearing in person to address concerns raised by the committee.

According to Musa, the panel has unresolved issues regarding discrepancies in the reconciliation of the commission’s revenue. He noted that the committee had expected the Registrar-General to provide direct clarification on the agency’s financial records.

The matter was first raised during deliberations by committee member Orji Uzor Kalu, who urged the panel to recommend Magaji’s removal from office to President **Bola Tinubu**. Kalu described the alleged pattern of non-compliance as a slight on the Senate and a challenge to the National Assembly’s constitutional oversight functions.

Another member of the committee, Adams Oshiomhole, proposed that the Senate withhold approval of any budgetary allocation to the CAC in the 2026 Appropriation Act until the Registrar-General personally appears before the panel. He further recommended that the commission be barred from spending its Internally Generated Revenue (IGR) without prior approval from the National Assembly.

The committee subsequently endorsed the proposals, signalling a potential tightening of legislative scrutiny over the commission’s finances.

Lawmakers maintained that their primary concern centres on unresolved questions surrounding the CAC’s revenue profile and financial reconciliation.

 

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