The Senior Special Adviser to President Tinubu on Media and Publicity, Ajuri Ngelale, says former President, Muhammad Buhari was not aware of the depletion of Nigeria’s foreign reserves under the watch of former Central Bank Governor, Godwin Emefiele.
In a recent interview with TVC, Ngelale said Buhari did not authorize the bulk of the expenditures from the foreign reserves, amounting to billions of dollars, under Emefiele.
“What was done concerning the expenditure of billions of dollars from the foreign reserves was done largely without the approval or knowledge of President Muhammad Buhari and President Bola Tinubu. Yes, that might seem hard for some people to believe, but I want to explain how that could have happened.
“We have one of the few Central Banks in the world where the day-to-day CEO was the governor of the Central Bank and was also the chairman of the board of directors. He was essentially overseeing himself” Ngelale said.
President Bola Tinubu has promoted the acting Chief of Army Staff, Olufemi Oluyede to the…
Welcome Address Delivered at the 2024 Edition of the Judges Workshop at Sheraton Hotel Ikeja,…
The House of Representatives Finance Committee has paid a working visit to the headquarters of…
The Federal High Court in Abuja has dismissed the treason charges brought against the…
What to know about the end of the #USElection2024 campaign The most recent polling analysis…
#US election 2024 Live Updates: What you need to know about USelection2024 latest polls •…