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    Chronicle NG

    Buhari alarmed by influx of foreign currency into Nigeria

    Chronicle EditorBy Chronicle EditorFebruary 21, 2019No Comments1 Min Read
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    President Muhammadu Buhari to inaugurate ministers on August 21
    President Muhammadu Buhari
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    President Muhammadu Buhari is alarmed by the influx of foreign currencies into Nigeria
    President Muhammadu Buhari is alarmed by the influx of foreign currencies into Nigeria

     President Muhammadu Buhari has expressed astonishment at the huge amount of foreign currency flooding the country intended to influence the general elections beginning on Saturday.
     
    Speaking during the Federal Executive Council, FEC meeting Wednesday, the President accused some politicians of flouting money laundering regulations in their desperate bid to capture political power.
     
    President Buhari, however, commended the Economic and Financial Crimes Commission, EFCC for successfully tracking the money in “millions of United States dollars.”

    READ: 10 facts about Buharinomics
     
    The EFCC success followed the presidential directive to investigative agencies to probe a number of high profile cases.
     
    Reassuring the nation of his administration’s determination to wage a relentless war against money laundering and terrorist financing, the President again appealed to Nigerians, especially politicians to place the interest of the country above all others, as they troop out to cast their votes in the coming elections.

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