Nigeria, March 5 -- The House of Representatives Ad-hoc Committee probing the operations and funding of Development Finance Institutions (DFIs) has warned that it may compel the attendance of the Bank of Industry (BOI) after the bank failed to honour its invitation to appear before it.

The warning followed BOI's absence at the committee's inaugural investigative hearing at the National Assembly on Wednesday.

The lawmakers said the bank neither appeared nor submitted documents earlier requested to aid the probe.

In contrast, the National Agricultural Development Fund (NADF), the Nigerian Credit Guarantee Company (NCGC) and the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) were present and made submissions...