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HomeBusinessInterim report of special investigator on CBN under Emefiele ready soon ~FG

Interim report of special investigator on CBN under Emefiele ready soon ~FG

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Nigerians are eagerly awaiting the results of a special investigator’s probe into the Central Bank of Nigeria (CBN) during Godwin Emefiele’s tenure, according to a statement from the Federal Government.

The Secretary to the Government of the Federation (SGF), George Akume, made this announcement during a briefing on the country’s 63rd Independence Day anniversary program.

Akume, who chairs the organizing committee, emphasized that bad governance has contributed to many of the challenges faced by the nation and expressed confidence that the present government is actively addressing these issues.

He highlighted President Bola Tinubu’s decision to appoint Jim Obazee, the Executive Officer of the Financial Reporting Council of Nigeria (FRCN), as the special investigator for the CBN.

Obazee has been tasked with submitting weekly reports to the president’s office to provide regular updates on the progress of the probe.

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Meanwhile, the Senate is expected to screen Michael Olayemi Cardoso, who was appointed as the governor of the Central Bank of Nigeria (CBN) by President Tinubu.

Alongside Cardoso, the Senate will also consider the appointments of four deputy governors: Emem Usoro (Southsouth), Muhammad Dattijo (Northwest), Philip Ikeazor (Southeast), and Bala Bello (Northeast).

Cardoso, a former chairman of Citi Bank, hails from Lagos State and brings a wealth of experience to his new role.

He holds certifications in the money and capital markets and has an extensive background in financial market issues.

He previously served as Commissioner for Budget and Economic Planning under the Tinubu administration in Lagos.

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