Senate Demands Immediate Removal of CAC Registrar-General
The Nigerian Senate, under the leadership of Senate President Godswill Akpabio, has formally requested President Bola Tinubu to immediately dismiss Hussaini Ishaq Magaji (SAN) from his position as Registrar-General of the Corporate Affairs Commission (CAC). This urgent demand follows repeated failures by Magaji to honor summons from the Senate Committee on Finance, which is investigating alleged financial irregularities within the commission.
Repeated Failures to Appear Before Committee
During a session in Abuja on Thursday, February 26, 2026, the Senate Committee on Finance passed a resolution condemning Magaji's conduct. Senator Sani Musa, who chairs the committee, expressed strong criticism, stating that Magaji has refused on multiple occasions to appear before the committee to account for the CAC's finances. "He refused on so many occasions to honour our invitation to appear before this committee. We have issues with the reconciliation of the revenue of CAC. Each time we invite him, he gives us excuses," Senator Musa emphasized.
Background and Allegations
Hussaini Magaji was appointed to the role of Registrar-General by President Tinubu on October 13, 2023. In this capacity, he is responsible for overseeing the development and regulation of corporate affairs across Nigeria. However, the Senate's action stems from concerns over financial discrepancies and a lack of transparency in the commission's revenue management. The committee's investigation aims to ensure proper accountability and adherence to financial regulations within government agencies.
Implications and Next Steps
This move by the Senate highlights ongoing tensions between legislative oversight and executive appointments in Nigeria's governance structure. The demand for Magaji's sacking underscores the Senate's commitment to enforcing accountability among public officials. As the situation develops, further updates are expected regarding President Tinubu's response and potential actions to address the committee's concerns. The Senate's resolution serves as a stark reminder of the importance of cooperation between government branches in maintaining fiscal integrity.
