The Senate Committee on Water Resources and Sanitation has summoned the management of the Chad Basin Development Authority (CBDA) over alleged irregularities in asset disposal processes by the leadership of the agency.
The invitation, contained in a formal letter dated May 26, 2026 and signed by the Committee Clerk, Ememike Nwofor Leonard, directs the Managing Director of the Authority to appear before the Committee on June 3, 2026 at the National Assembly Complex, Abuja, alongside detailed documentation relating to the ongoing auction of government properties.
The Committee said it was alarmed that it was neither briefed nor furnished with details regarding the rationale, approval processes, or statutory compliance guiding the disposal of assets described as “strategic public infrastructure.”
It invoked its constitutional oversight powers under Sections 88 and 89 of the 1999 Constitution (as amended), as well as Senate Standing Orders, 2023, demanding full disclosure of asset registers, valuation reports, bidding processes, and approvals from relevant federal agencies, including the Bureau of Public Procurement (BPP) and Bureau of Public Enterprises (BPE).
The development comes amid mounting allegations of large-scale corruption and financial misconduct within the Authority, including claims of non-transparent auctioning of assets, diversion of revenue from equipment hiring services, and alleged sale of recently acquired government equipment and vehicles.
According to whistleblowers within the Authority, the controversial auction exercise was initially presented as a disposal of unserviceable assets but allegedly expanded to include serviceable and recently procured equipment acquired between 2020 and 2023.
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