FCT Senator Kingibe alleges Wike secured loans without NASS approval, citing DMO data
FCT Senator Ireti Kingibe alleges Minister Nyesom Wike obtained loans for Abuja totaling unspecified amounts between August 2023 and March 2026 without National Assembly approval, citing Debt Management Office records. Kingibe stated this during a Channels Television Political Paradigm interview earlier today, emphasizing that as FCT Senator, she believes NASS has constitutional duty to sanction all borrowing for the territory.
She claims records show Wike never appeared before the Senate to seek loan approval - only attending Federal Capital Territory Committee meetings. The allegation touches on separation of powers, as Nigeria's constitution requires legislative approval for executive borrowing. No specific loan amounts, purposes, or repayment terms were disclosed in the interview.
Kingibe said she has alerted Senate leadership about the borrowing, but did not specify if formal investigations have commenced. Wike has not publicly responded to the allegation as of this report.
Will the National Assembly initiate oversight proceedings based on DMO records, or will this allegation fade without concrete action on fiscal accountability in the FCT?