Buhari may investigate CBN

Firstclass newsline gathered that president Muhammadu Buhari may
extend his investigation into recent activities of some government
agencies and departments to the Central Bank of Nigeria.
Buhari had while meeting state governors on June 23, stated that
officials of the past government abandoned all financial and
administrative instructions put in place in parastatals and agencies,
therefore throwing the country into financial crisis.
He also vowed at that meeting that funds stolen by government
officials who abused their offices in the past would be recovered and
systemic leakages stopped.
A Presidency official on condition of anonymity told our correspondent
on Saturday that the issue of alleged financial malpractices in the
CBN featured prominently during the meeting Buhari had with the state
governors.
The source said in the course of reviewing activities of government
agencies and parastatals under the administration of former President
Goodluck Jonathan during the meeting, a state governor made reference
to the CBN.
He said the governor, who he refused to name, did not mince words in
asking Buhari to ensure that he extends his investigation to the bank.
He said, "I can tell you authoritatively that the issue of the CBN
came up during the meeting the President had with state governors
recently.
"I remember vividly that one governor raised the issue and called on
the President to extend ongoing probes to the CBN."
The official did not however disclose the President's disposition to
the submission made by the governor.
When contacted, the Special Adviser to the President on Media and
Publicity, Mr. Femi Adesina, said he had no information on the issue.
Adesina, however, said the Buhari administration was committed to
transparency and accountability in all sectors.
The National Economic Council led by Vice President Yemi Osinbajo had
on Monday launched a probe into the finances of the Nigerian National
Petroleum Commission and the management of the Excess Crude Account
under former President Goodluck Jonathan.
The investigation to be carried out by four state governors is meant
to unravel the sum of N3.8trillion allegedly not remitted to the
Federation Account by the NNPC between 2012 and May 2015 as well as
the sum of $2.1bn said to have been deducted from the ECA without
approval.
The four-man committee consists of the governors of Edo (Adams
Oshiomhole); Gombe (Ibrahim Dankwabo); Kaduna (Nasir El-Rufai); and
Akwa Ibom (Udom Emmanuel).
They will be presenting their report to the NEC during its next
sitting on July 23.
Firstclassnewsline.net