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The Senate on Thursday formally urged President Bola Tinubu to remove the Registrar-General of the Corporate Affairs Commission, Hussaini Magaji, over what lawmakers described as his persistent refusal to honour invitations from its Committee on Finance.
The resolution followed a motion introduced by Senator Orji Uzor Kalu during a session attended by members of the President’s economic management team, who were present to engage with the committee.
Proceedings took a tense turn at the start of the meeting when heads of government agencies were acknowledged and senators noticed the absence of the CAC Registrar-General. He had been invited to respond to questions concerning the commission’s activities, particularly issues surrounding revenue reconciliation.
Rising to move the motion, Kalu condemned what he described as a pattern of disregard for the Senate’s constitutional oversight role, accusing the CAC chief of repeatedly dodging summons.
He said, “Since I came to the Senate, this CAC man has always given excuses that he is in the Villa or going to London. He is not above the law. This man is not coming to the Senate. Look at the ministers of finance and budget. They are both here. We summoned them and they came.
“But this man thinks he’s bigger than the Senate. We’re not going to take that rubbish again. He had 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.
“I move a motion that the man should be reported to Mr President and ask for immediate removal because we cannot continue with him. Is that what we’re doing here? He should come and give us an account of what he had done.”
Backing the motion, Chairman of the Senate Committee on Finance, Senator Sani Musa, affirmed that the registrar-general had consistently failed to respond to repeated invitations, despite unresolved concerns about discrepancies in the commission’s revenue records.
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“The registrar-general of the Corporate Affairs Commission has refused on so many occasions to honour the calls, invitations or summons of this most important committee.
“There are only about three committees that are in the constitution of the Federal Republic of Nigeria and the Committee of Finance is one of those committees. Sections 88, and 89 have given us these powers.
“And as registrar-general, we have issues with the reconciliation of their revenue. Anytime he is invited, he will give us one reason or another, and he will send junior officers to come and talk to the Senate. That cannot be accepted,” he said.
In a further escalation, Senator Adams Oshiomhole proposed that the Senate take stronger measures, including withholding approval of the commission’s 2026 budget until the registrar-general appears in person before the committee.
Oshiomhole also recommended restricting the commission from spending its internally generated revenue without the National Assembly’s prior approval.
“This senate should decline to appropriate anything in the 2026 budget until we are satisfied that he has accounted for previous money and spending properly.
“And should he spend money that is not appropriated, he should be heading to Kuje prison,” Oshiomhole said.
The motion calling on the President to remove the CAC Registrar-General was eventually put to a voice vote and adopted by the chamber.
The development signals a renewed determination by the Senate to enforce its constitutional oversight authority, particularly over revenue-generating agencies. The Corporate Affairs Commission, responsible for regulating company registration and business compliance in Nigeria, remains a major contributor to the country’s non-oil revenue base, placing transparency and accountability at the centre of its mandate.
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