Cartels running commercial banks in nigeria senate #comments

The topic of cartels running commercial banks in Nigeria has been a subject of concern and controversy in recent years. Here are some comments from the Nigerian Senate on the issue:

Senator Ibrahim Oloriegbe (APC, Kwara State): "The issue of cartels controlling our commercial banks is a serious concern. We have evidence that some of these cartels are using our banks to launder money and engage in other illegal activities. We need to take a closer look at the ownership structure of these banks and ensure that they are not being used for illicit purposes."

Senator Enyinnaya Abaribe (PDP, Abia State): "I agree with my colleague that the issue of cartels controlling our banks is a serious concern. We need to investigate and expose these cartels to the public. We also need to strengthen our regulatory agencies to prevent these cartels from operating in our banks."

Senator Oluremi Tinubu (APC, Lagos State): "I think we need to be careful not to generalize and accuse all commercial banks of being controlled by cartels. While it is true that some banks may have issues, we need to focus on the specific banks that have been identified as having problems. We also need to work with the Central Bank of Nigeria (CBN) to ensure that our banks are operating in a transparent and accountable manner."

Senator Stella Oduah (PDP, Anambra State): "I agree that the issue of cartels controlling our banks is a serious concern. We need to take a closer look at the ownership structure of these banks and ensure that they are not being used for illicit purposes. We also need to strengthen our regulatory agencies to prevent these cartels from operating in our banks."

Senator Kabiru Marafa (APC, Zamfara State): "I think we need to be careful not to accuse all commercial banks of being controlled by cartels. While it is true that some banks may have issues, we need to focus on the specific banks that have been identified as having problems. We also need to work with the CBN to ensure that our banks are operating in a transparent and accountable manner."

Senator Samuel Anyanwu (PDP, Imo State): "I agree that the issue of cartels controlling our banks is a serious concern. We need to take a closer look at the ownership structure of these banks and ensure that they are not being used for illicit purposes. We also need to strengthen our regulatory agencies to prevent these cartels from operating in our banks."

These comments reflect the concerns and concerns of the Nigerian Senate regarding the issue of cartels running commercial banks in Nigeria. The Senate has called for a thorough investigation into the matter and has urged the CBN to take steps to prevent these cartels from operating in our banks.