Nigerians will soon know the scale of what transpired at the Central Bank of Nigeria during the tenure of Godwin Emefiele with the release of the special investigator’s probe, the Federal Government said yesterday.
“We have a new team at the CBN and a special investigator has been in the CBN for sometime now and his result will soon be released and Nigerians will know what really went wrong and what brought us to where we are today,” Secretary to the Government of the Federation (SGF), Senator George Akume said yesterday.
He spoke during a briefing on the programme for the 63rd Independence Day anniversary of the country. Akume is the chairman of the organising committee.
The SGF added: “Most of these problems confronting us are because of bad governance. The present government has confronted and is confronting these challenges. When President Bola Tinubu came on board, he made a very sound decision at the CBN. That singular act led to the massive improvement in the capital market, as experts have told us, it is something that never happened in the past 15 years.”
Tinubu on July 28 appointed Chief Executive Officer of the Financial Reporting Council of Nigeria (FRCN) Mr. Jim Obazee, as the special investigator for the CBN.
The President directed the investigator to submit weekly reports to his office to update him on the progress of the probe.