Naira-for-crude probe: Reps give MDAs seven days to submit documents

The House of Representatives Ad-Hoc Committee on Implementation and Oversight of the Naira-for-Crude Oil Policy has given government Ministries, Departments and Agencies (MDAs) a seven-day ultimatum to submit all documents requested for its ongoing investigation or face parliamentary sanctions.

0

The House of Representatives Ad-Hoc Committee on Implementation and Oversight of the Naira-for-Crude Oil Policy has given government Ministries, Departments and Agencies (MDAs) a seven-day ultimatum to submit all documents requested for its ongoing investigation or face parliamentary sanctions.

The Chairman of the Committee, Boniface Emerengwa, issued the warning in Abuja on Thursday, after several invited agencies failed to appear before the panel with the required records.

He said the investigative hearing scheduled for November 20, 2025, had to be postponed “due to the gross negligence and lack of seriousness displayed by relevant stakeholders.”

The lawmaker noted that, “Despite ample notice, the majority of stakeholders failed to recognise the role of the legislative arm in working with the executive for the effective implementation of the policy, by their failure to submit their required documents within the stipulated timeframe.

“This dereliction of duty has not only undermined the integrity of the committee’s work but has also cast a shadow of unseriousness over a matter of national importance. The committee views this conduct as a blatant disregard for the legislative process and a disrespect to the Nigerian people whose interests we are mandated to protect. Let it be unequivocally stated that this committee is deeply disappointed,” he said.

Emerengwa explained that the delay has hindered the committee’s ability to scrutinise policy implementation.

“The failure to submit documents on time has impeded our ability to conduct proper vetting and due diligence, thereby frustrating the investigative process.

“This committee was constituted to ensure transparency, accountability, and effective oversight of the naira-for-crude oil policy, a policy with far-reaching implications for our economy and national development,” he stated.

He said the committee has now extended the deadline to November 27, 2025. “Any attempt to frustrate the process will be met with firm legislative consequences. In the spirit of magnanimity and in recognition of the gravity of this investigation, the committee has resolved to extend the deadline for document submission to November 27, 2025.”

The PUNCH

author avatar
Daily Patriot