House Committee Summons CBN Governor to Address Leakages of REMITA Information

The House Committee has summoned the Governor of the Central Bank of Nigeria, Olayemi Cardoso to address issues related to the leakage of REMITA information.

The Chairman of the Committee, Honorable Bamidele Salam, issued a request in a formal written communication to the Governor of the Central Bank of Nigeria regarding an inquiry into revenue losses associated with the Remita platform and concerns about adherence to established operational guidelines and related service level agreements for the year 2023.

Salam noted that the progress of the Committee’s investigation into revenue leakages via the REMITA platform has been significantly hindered by the absence of the CBN Governor to address the issues.

“You are strongly advised to take good advantage of this invitation and appear before the Committee unfailingly on Tuesday 5th March, 2024 at 10:00am in Meeting Room 446, House of Representatives’ New Building to respond to the issues that will arise during the hearing session. You are also advised to come along with all relevant Officers who are familiar with the issues at stake and may assist you provide answers to any question that could arise during the Session.

“Please refer to your representation before the Public Accounts Committee on Tuesday 27th February, 2024 by an Assistant Director without a written letter to that effect. Be advised, the Committee does not allow representation, all Chief Accounting Officers are to appear in person to defend their Office.

“Recall that the Committee has sent several correspondences to your Office on the same subject with Ref. Nos: HR/PAC/SCO5/10NASS/HR.373/11/2023/1/2, dated 8th December, 2023; HR/PAC/SCO5/10NASS/HR.373/11/2023/1/31, dated 19th January, 2024; HR/PAC/SCO5/10NASS/HR.373/11/2023/1/60, dated 25th January, 2024 and HR/PAC/SCO5/10NASS/HR.373/11/2023/2/84, dated 19th February, 2024, and observed your absolute disregard for its Constitutional mandate. Please find copy of letters attached.”

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