Senate invites emefiele babachir over funds #

It seems like there's a developing story!

According to reports, the Nigerian Senate has invited the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and the former Secretary to the Government of the Federation (SGF), Babachir Lawal, over allegations of mismanagement of funds.

Emefiele is expected to appear before the Senate Committee on Banking, Insurance, and Other Financial Institutions to answer questions regarding the CBN's handling of the Anchor Borrowers' Programme (ABP) and the Agricultural Small and Medium Enterprise Development Scheme (ASMEDS).

Meanwhile, Babachir Lawal is expected to face the Senate Committee on Public Accounts to answer questions regarding the alleged misappropriation of funds meant for the North-East Development Commission (NEDC).

This development comes amid growing concerns about the management of public funds in Nigeria. The Senate has been keen to ensure accountability and transparency in the use of public funds, and these invitations are seen as a step in that direction.

What do you think about this development? Should Emefiele and Babachir Lawal be held accountable for their actions?