The Senate Committee investigating the alleged misappropriation of funds in the Nigerian National Petroleum Company Limited has cautioned social media users and influencers against spreading false information about its ongoing probe.

The warning was issued during a committee sitting, where lawmakers stressed the importance of accurate reporting and public discourse as the investigation continues.

Chairman of the committee, Senator Ahmad Wadada, made the remarks while presiding over a session attended by former Chief Financial Officer of the NNPC, Umar Ajiya. Wadada emphasized that the committee’s work is focused on uncovering facts and should not be misrepresented by unverified claims circulating online.

According to Wadada, the committee’s investigation spans financial activities from 2012 to the present, a timeline that does not fully overlap with Ajiya’s tenure. He noted that the appearance of the former CFO was part of efforts to clarify specific financial records and transactions presented to the panel for review.

The committee commended Ajiya for honoring its invitation and cooperating with lawmakers. Members provided him with relevant documents during the session and requested detailed explanations to aid their understanding of the financial matters under scrutiny. The panel also indicated that it would carefully review all submissions before determining the next steps regarding its final report.

Reiterating its stance, the committee stressed that it has not accused any individual of theft or misappropriation of public funds. Wadada said that the investigation remains a fact-finding exercise and urged the public to refrain from drawing premature conclusions or assigning blame without evidence.

The lawmakers further issued a strong warning to social media handlers, urging them to desist from peddling falsehoods that could mislead the public or undermine the integrity of the investigative process.

They emphasized that misinformation could erode trust in public institutions and distract from the committee’s mandate.

In addition, the committee confirmed that it has sent formal communications to other key officials who have yet to appear before it, including former Group Chief Executive Officer of NNPC, Mele Kyari, and senior executive Bala Wunti. The panel warned that failure to honor its invitation could attract further legislative action as the probe progresses.

By Yusuf Danjuma Yunusa

The Senate on Wednesday confirmed the appointment of Lamido Yuguda as Deputy Governor of the Central Bank of Nigeria, describing him as “a square peg in a square hole.”

The confirmation followed the consideration of a report by the Senate Committee on Banking, Insurance and Other Financial Institutions, which cleared the nominee after a brief screening process.

Presenting the report, Chairman of the committee, Adetokunbo Abiru, told the chamber that Yuguda was qualified for the position based on his extensive experience and in line with Section 8(1) of the CBN Act.

According to him, the nominee demonstrated strong financial and monetary expertise during his screening earlier in the day and had no petitions against him.

He said the committee found him suitable and urged the Senate to confirm his nomination as Deputy Governor of the Central Bank of Nigeria.

The motion for confirmation was seconded by Danjuma Goje, who declared, “President Bola Tinubu made the right choice on the appointment.”

The Senate President, Godswill Akpabio, subsequently put the question to a voice vote, with lawmakers overwhelmingly endorsing the nomination.

In his remarks after the approval, Akpabio described Yuguda as “a square peg in a square hole” and commended Bola Tinubu for what he termed a fitting appointment.

Earlier, the nominee was spared detailed questioning during his appearance before the committee, as lawmakers invoked the “take a bow and go” tradition.

Although Abiru had initially indicated interest in subjecting Yuguda to questions on monetary and fiscal policy, the move was halted by Osita Izunaso, who moved a motion to dispense with the exercise.

The motion, seconded by Sarafadeen Alli, was based on Yuguda’s prior engagements with the Senate.

Izunaso argued that the nominee was already well known to lawmakers, having been screened multiple times for key positions, including Director-General of the Securities and Exchange Commission and roles within the apex bank.

He said, “Mr Chairman and Distinguished colleagues, in line with our tradition, the nominee before us for the position of Deputy Governor of the Central Bank of Nigeria, is well known to us, having screened him three different times in the past for some other very important positions like Director General of Securities and Exchange Commission (SEC) and member of the monetary control of CBN.

“Personally, as Chairman of the Senate Committee on Capital Market, I had close interaction with Mr Yuguda as DG SEC and found him eminently suitable for the position of Deputy Governor of CBN nominated by President Tinubu,” he said.

Yuguda’s confirmation comes amid ongoing efforts to strengthen leadership at the Central Bank and deepen confidence in Nigeria’s monetary policy framework.

Residents of Hayin Danmani, a community along the Nnamdi Azikiwe Western Bypass in Kaduna State, have decried the recurring loss of lives on the highway, threatening to stage a protest and block the road if the government does not take immediate action.

In a joint press statement, the community said many lives have been lost between 2025 and 2026, with most of the victims being residents of Hayin Danmani.

The community lamented the frequent accidents on the bypass, alleging that no concrete measures have been taken by authorities to address the situation.

“Enough is enough. We will not tolerate this anymore. Our people are being killed on the Kaduna Western Bypass, and nothing has been done,” the statement read.

“If this continues, we will not fold our arms while our people are losing their lives. The next line of action is a protest. We will mobilize our community members to come out en masse to protest and block the road until the government does the needful.”

The community cited a recent incident on Tuesday, where a young man identified as Mr. Dauda, reportedly a soldier, was killed after being hit by a trailer. He died instantly.