Scatter everywhere as Senate don start to dey yarn about N16 million wey Investments and Securities Tribunal (IST) chop for cleaning and fumigation. You go just ask yourself, wetin una dey clean wey no fit wait for better times?
Na for Abuja last Tuesday, di wahala begin as di tribunal carry dem 2026 budget come show face for di Senate Committee on Capital Market. Di lawmakers no fit hide their suspicion, dem begin to fire questions left and right like say dem don dey train for boxing. Senator Osita Izunaso, wey be di chairman of di committee, no gree take it easy as him demand say make dem explain wetin dem dey do with di N16 million.
According to dem, di cleaning money take plenty from di N30 million wey dem suppose use. Wetin make am dey vex pass, na di fact say dem get serious areas like public awareness wey dey suffer from lack of funds. Senator Izunaso shout say e no fit understand how cleaning go take dey more important pass making investors sabi wetin dey happen for di tribunal.
Aminu Junaidu, di chairman of di tribunal, come explain say dem dey fumigate quarterly to protect sensitive documents. E no wan make rat join for their paperwork. But na wetin dem dey talk, di lawmakers still no wan hear am. Dem talk say in this hard times, dem go need to show say dem sabi manage money well so that people fit trust dem.
Senator Ogoshi Onawo join di matter, he no rest until him talk say dem dey spend too much on stationery, dey call for digitisation. “Why you go dey buy plenty paper when you fit just make everything digital?” E ask make sense be that.
as dem continue to dey look into di tribunal expenses, dem find out say dem don spend plenty for local travel, training and even utility bills. Di figures dey fly like bird: N29 million for local travel, N64 million for transport-related wahala, and N990 million for telephone bills alone! Di committee no gree rest as dem dey signal sey dem go need better explanation for this kind spending.
As dem dey talk, di comic part be say dem don actually put N981 million for electricity bills. E be like say dem dey run power plant for dia office. Na dis kind of spending dey make di lawmakers dey look for better accountability. Dem don warn say no be just to dey chop money, dem go need to dey reflect fiscal discipline for their operations.
True true, as many Nigerians dey struggle for money these days, public institutions suppose carry dem family matter for head and no just dey waste money anyhow. Dem go need to justify every kobo wey dem dey spend and run things well.
No be only dat, di committee go still continue di oversight as dem dey plan to dive deep into di tribunal finances as dem dey prepare for di 2026 budget discussions. Wetin we go see again for dis matter? We go keep una updated!
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