Monday, May 4, 2026
28.2 C
Lagos

Senate May Reject Amaechi, Fashola as Ministers

There are growing indications that the Senate may not confirm Hon. Rotimi Amaechi and Babatunde Raji Fashola as ministers following growing allegations of corruption during their tenure as executive governors of Rivers and Lagos states respectively.

A high-ranking PDP Senator from the South-South region told Business Journal on condition of anonymity in Abuja that the PDP-caucus at the Senate will make sure that both Amaechi and Fashola fail the ministerial confirmation hurdle.

The senator said: “It is unfortunate that Buhari who told Nigerians that only men and women of integrity would be on his ministerial list presented both men to the Senate for confirmation as ministers. Both of them are facing grave allegations of corruption in their various states. We would reject them.”

The second reason for the cloud of uncertainty over Amaechi and Fashola is the Code of Conduct trial of Senate President, Bukola Saraki.

The PDP senator alleged that both Amaechi and Fashola were part of the APC leadership caucus that decided to humiliate Saraki over allegations of false declaration of assets.

“Let me tell you. Amaechi and Fashola were part of the APC conspiracy to drag Saraki to court over assets declaration. It is now payback time. Forget about them-they can’t scale the hurdle as ministers,” the senator insisted.

Amaechi is currently battling allegations of fraud over the sale and conversion of government power plants amounting to $302 million, payment of N4 billion to Clinoriv Specialist Hospital and another N1.5 billion to Messrs Collect Nigeria Limited. The matter is before the Justice Omereji-led Judicial Commission of Inquiry sitting in Port Harcourt.

For Fashola, there are also allegations of building a website for N78 million, amongst several other allegations of corrupt enrichment and mismanagement while in office.

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Bank PMI: Business Activity Continues to Rise, But Higher Fuel Costs Limit Growth

The Nigerian private sector remained in growth territory at...

Niger Delta Economic & Investment Summit 2026: Fubara, Stakeholders Discuss Strategies in PH

The Executive Governor of Rivers State, Sir Sim Fubara...

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

Sovereign Trust Insurance Set for Market Leadership via N5bn Rights Issue

Sovereign Trust Insurance Plc has completed the structuring phase...

All Set for Ecobank 2026 National Schools’ Team Chess Championship

L–R: Austen Osokpor, Head, Marketing and Corporate Communications, Ecobank...

Topics

Red Star Express Reports N10.5bn Turnover

Pix from left: Auwalu Babura, Executive Director, Finance &...

Addressing Financial and Non-Financial Signals of Business Decline

  By Kazeem Olayemi Odeyeyiwa, FCA Every corporate organisation cherishes impressive...

Nuclear Tech Milestone with Installation of Core Catcher at El-Dabaa NPP Unit 2

  Nuclear energy technology has hit a major milestone as...

Stanbic IBTC Reports N117.4bn Earnings, N94bn Income Mid 2019

Stanbic IBTC Holdings PLC, a member of the Standard...

E-Payment Transactions Hit N264tn in Q2 2020-NBS

The National Bureau of Statistics (NBS) says a total...

China, India: World’s Largest Internet Markets

India has overtaken the United States to become the...

Stanbic IBTC Bank Strengthens Regulatory, Customer Relations with Strategic Trade Forum

Stanbic IBTC Bank’s Corporate and Investment Banking (CIB) division...

Virtual Assets: SEC Goes Tough on Illegal Trading

In a bid to rid the Virtual Assets space...
spot_img

Related Articles

Popular Categories

spot_imgspot_img