• Contact Us
  • About Us
Friday, June 20, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Breaking

Naira Redesign: More Governors On EFCC Watchlist– Bawa

metro by metro
November 17, 2022
in Breaking, News
0
0
SHARES
0
VIEWS

 

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa on Thursday said the number of governors on its watchlist has increase.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

He disclosed this while briefing reporters at the State House after meeting with President Muhammadu Buhari.

Bawa declined to say the number of governors currently under their radar, neither did he reveal their identities.

The EFCC boss further affirmed that the anti-corruption agency is pleased with the redesign of the naira note, explaining that the policy would help the Central Bank of Nigeria (CBN) control the monies in the system and by extension, enable more money for people to borrow.

Bawa also re-expressed the belief (as a student of economics) that the redesigning of the naira will cause the value of the dollar currently at 890 to crash to 200 naira.

On the sting operations to the Bureau De Change (BDC) operators, he affirms that the operation was successful and huge recoveries were made.

Bawa again urged Nigerians to embrace the new policy, while also encouraging citizens to take advantage of the whistle-blower policy.

Two weeks ago, the anti-graft czar revealed that three serving state governors are under monitoring over moves to launder cash through table payment of salaries to workers
ALSO READ:Alleged Tax Evasion: Reps Panel Insists On Appearance Of FIRS Chairman
Though he did not give the identities of these governors, the EFCC boss said two of them were from the North, while the third one was from the southern part of the country.

He noted that intelligence at the agency’s disposal revealed that the three governors had concluded plans to inject the money into the system through table payment of their state workers’ salaries.

Previous Post

African tech leaders and investors to connect at London Stock Exchange for the sixth Africa Tech Summit London

Next Post

World’s largest soil carbon project in Kenya receives award during COP27

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post

World’s largest soil carbon project in Kenya receives award during COP27

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version