The Senate, through its Public Accounts Committee (PAC) on Monday threatened sanctions against the Central Bank of Nigeria (CBN), the Niger Delta Development Commission (NDDC) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). This followed the failure of the agencies to appear before a public hearing on audit queries arising from reports by the Nigeria Extractive Industries Transparency Initiative (NEITI). Also absent at the hearing was NEITI, which authored the audit reports under review. AdvertisementDankwabo said the Senate would invoke relevant constitutional provisions and Senate rules against any agency that fails to comply with the directive. AdvertisementAnother member of the committee, Senator Patrick Ndubueze, argued that the agencies should be sanctioned immediately rather than granted another opportunity to appear.