Senate wants CBN gov, Cardoso, to explain why Emefiele unilaterally approved N30tn loans under Buhari

The Senate Ad-hoc Committee has concluded plans to summon the current Central Bank of Nigeria, Olayemi Cardoso over 13 infractions noted in the N30tn Ways and Means loans obtained from the apex bank and spent by the former President Muhammadu Buhari-led administration.

Cardoso is expected to explain certain details regarding the infraction.

This came to the fore when Chairman of the Senate committee, Senator Isah Jibrin (Kogi East), and other members of the panel met with officials of the CBN at the National Assembly on Tuesday.