The chairman of the House Public Accounts Committee, Bamidele Salam (PDP, Osun), moved a motion alleging that the CBN failed to remit ₦5.2 trillion in operating surpluses and ₦11.09 trillion in other revenue, ₦16.3 trillion in all, between 2016 and 2022, and asking that the Governor, Olayemi Cardoso, be summoned. The session became rowdy over an amendment by Ghali Tijani to give the probe to an ad hoc committee. On December 16, 2025 the Public Accounts Committee gave the CBN a deadline to conclude a reconciliation with the Ministry of Finance and the Fiscal Responsibility Commission.
What the record shows
- 10 December 2025Probe opened.
- 8 June 2026The committee said it had recovered about ₦521.8 million in withheld VAT from the CBN and was pursuing further claims.
- As of 11 November 2026No final report of this probe has been found on the public record.
Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.