Home Politics House of Reps to Probe €1.2 Million OACPS Debt: Accountability at Stake!”Abuja, July...

House of Reps to Probe €1.2 Million OACPS Debt: Accountability at Stake!”Abuja, July 2, 2025

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Nigeria’s House of Representatives has announced plans to launch a formal investigation into an outstanding €1.2 million obligation owed to the Organisation of African, Caribbean and Pacific States (OACPS). The matter came under scrutiny following a motion of urgent national significance tabled by a member of the chamber.

🔎 What’s This About?The €1.2 million debt reportedly stems from contributions due under Nigeria’s membership in the Brussels-based OACPS, a 79 -nation group primarily funded by the EU. As of July 2, 2025, this issue has been escalated to the lower chamber, triggering calls for clarity on when the debt arose and why it remains unsettled.

Why It MattersNigeria’s failure to meet its OACPS payment could undermine its diplomatic voice in African-Caribbean-Pacific dialogues and risk EU-funded partnerships.Lawmakers say resolving the debt is crucial for Nigeria’s credibility and international standing, urging full disclosure from the Ministry of Finance and the Federal Ministry of Foreign Affairs.🏛️ Reps Demand AnswersThe House has requested written briefings—including accounting records, payment timelines, and reasons for delays—from:

Ministry of Finance federal Ministry of Foreign Affairs budget Office should answers be unsatisfactory, the House may invite officials for oral testimony under oath, and escalate the matter to public hearings.

What They’re Saying> *“Every naira owed on the international front dents our standing.

We must ensure transparency, discipline, and accountability,”* said a senior Reps member during the bill’s presentation.The motion seeks to empower the Public Accounts Committee (PAC) to audit the debt timeline, determine accountability, and secure a definitive repayment strategy.—🗓️ What’s Next?

The PAC is expected to begin document reviews and stakeholder interviews within the next two weeks.A public hearing could follow, bringing to light potentially withheld information.—

Source punch Newspapers reported the House’s decision to probe the €1.2 million shortfall, citing official legislative disclosures.

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