FG To Review Civil Service Payroll, Block Financial Loopholes, Tinubu Assures W’Bank President

President Bola Tinubu has assured that his administration is carrying out a comprehensive forensic audit of the Central Bank of Nigeria, CBN.

The President also said that there will be an overhaul of the federal civil service payroll.

A statement by Ajuri Ngelale, the special adviser to the president on media and publicity, said Tinubu spoke at the presidential villa during a meeting with Ajay Banga, the World Bank president on Friday.

Bola Tinubu

Tinubu said, “A comprehensive forensic audit is ongoing at the apex bank. We are going to do a very serious structural review of the civil service payroll.

“I can’t believe in the numbers I am seeing and I have had that experience before at the state level. 

”The reforms are in tandem with Nigeria’s ease of doing business programme. We’ll block all financial loopholes. The reforms will be targeted at the way we work, change of attitude, and equally on educating our people. It’s costly but we will do it.”

See Also: Tinubu Replaces Maryam Shetty As Ministerial Nominee, Submits Keyamo, Mahmoud

Recall that Tinubu recently appointed Jim Obazee, former chief executive officer of the Financial Reporting Council of Nigeria, to investigate the CBN and related entities.

The president urged the Bretton Woods institution to view the country as a significant player on the global stage, not solely as a struggling economy.

He said, “We stand as a vibrant and educated society, seeking to avert chaos through strategic interventions. Your proactive engagement aligns with our quest for partnership, and together, we shall pursue mutual benefits that enrich us all.”

The president called for increased support from the World Bank to tackle poverty in the country.

On his part, Banga lauded Tinubu for his efforts in addressing the economic challenges of the country.

Obiajulu Joel Nwolu

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