• Contact Us
  • About Us
Friday, June 19, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Why Senate declined Magu’s confirmation as EFCC boss

metro by metro
December 15, 2016
in Economy
0
Senate
0
SHARES
0
VIEWS
The power tussle between members of President Muhammadu Buhari’s kitchen cabinet has been blamed for the Senate’s rejection of the confirmation of Ibrahim Magu as chairman, Economic and Financial Crimes Commission (EFCC).
 
BusinessDay reliably gathered that the security report upon which Magu was rejected, was authored by the Director General of the Department of State Services (DSS), Lawal Daura, in disregard to the National Security Adviser (NSA), Babagana Monguno, the political head of all security agencies in the country.
 
This is the first time the nomination of chairman of the anti-graft agency has been rejected since the establishment of the body in 2003.
 
Announcing the rejection at Thursday’s plenary after a closed-door meeting that lasted for over two hours, Senate President Bukola Saraki,  referred the screening of the other four nominated executive members of the Commission to the Committee on Anti-Corruption and Financial Crimes, chaired by Chukwuka Utazi, a Peoples Democratic Party (PDP) senator.
 
Those expected to appear before the panel include: Nda Moses, Lawan Mamman, Galadanci Imam and Adeleke Rafiu.
 
Confirming the development, Senate spokesperson Aliyu Sabi, told newsmen immediately after the closed-door session that Magu’s confirmation was rejected due to security report.
 
“The Senate wishes to inform the public that based on available security report, the Senate cannot proceed with the confirmation of Ibrahim Magu as Chairman of the Economic and Financial Crimes Commission.
 
“The nomination of Ibrahim Magu is hereby rejected and has been returned to the President for further action,” the lawmaker told journalists.
 
Magu became acting chairman of the Commission since November 2015 after President Buhari sacked his predecessor, Ibrahim Lamorde.
 
But it was only in July 2016 that the then Acting President, Yemi Osinbajo, sent in a letter to the Senate requesting that  Magu  be confirmed.as chairman of the anti-graft agency.
 
Unlike him, his predecessor, Lamorde was confirmed as the EFCC chair within 34 days at the Senate. Goodluck Jonathan nominated him on January 12, 2012 and he got the confirmation of the lawmakers on February 15, same year.
 
Metrobusinessnews gathered that Magu who was at the Senate on Thursday for his screening, accompanied by his aides and officials of the Commission, was allowed into the chamber midway into the closed-door session but followed through the back door.

Read Also

Nigeria Dominates Stablecoin Inflows In Sub-Saharan Africa-IMF

Amid CBN’s Mop-Up Exercises Inflation Rises To 15.93 percent In May

IMF Warns Stablecoin Surge Threatens Naira Sovereignty.

Tags: Senate
Previous Post

Senate rejects Magu as EFCC Chairman

Next Post

Incoming U.N. chief appoints Nigeria’s Amina Mohammed as deputy

Related Posts

Nigeria Dominates Stablecoin Inflows In Sub-Saharan Africa-IMF
Economy

Nigeria Dominates Stablecoin Inflows In Sub-Saharan Africa-IMF

June 16, 2026
Amid Tight Monetary Policy Measures, Nigeria’s Inflation Rises To 21.82% 
Economy

Amid CBN’s Mop-Up Exercises Inflation Rises To 15.93 percent In May

June 15, 2026
IMF
Economy

IMF Warns Stablecoin Surge Threatens Naira Sovereignty.

June 14, 2026
Developing World’s ‘Complex’ Debt Could Raise Costs, Stall Restructuring, Lazard Says
Economy

Developing World’s ‘Complex’ Debt Could Raise Costs, Stall Restructuring, Lazard Says

June 11, 2026
Next Post

Incoming U.N. chief appoints Nigeria's Amina Mohammed as deputy

Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”

Trump Says US-Iran Deal Could  Be Signed Thursday, Warns MilitaryStrike Could Resume If Agreement Fails

June 17, 2026
Abduction: Reps Minority Leader Faults Tinubu’s Failure To Visit Oyo, Calls For His Resignation

Abduction: Reps Minority Leader Faults Tinubu’s Failure To Visit Oyo, Calls For His Resignation

June 17, 2026
US SEC Poised To Allow Stock Token Trading In Potential Market Shakeup

US SEC Poised To Allow Stock Token Trading In Potential Market Shakeup

June 17, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version