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Probe rot in CBN, NNPCL, Kachikwu tells Tinubu


The presidential candidate of the African Democratic Congress in the 2023 general elections, Dumebi Kachikwu, has called on President Bola Tinubu to order a comprehensive audit of the activities of the Central Bank of Nigeria, the Nigerian National Petroleum Company Limited as well as the Nigeria Customs Service.

Kachikwu, who gave the charge in his Democracy Day broadcast on Monday, said the probe of the three institutions would not only unravel the level of abuse in the past few years but would also help the new administration to embark on reforms aimed at jump-starting the economy for the challenges ahead.

Although the ADC chieftain lauded the bold decision to announce the removal of subsidy on petrol, he faulted Tinubu’s failure to put in place adequate palliative measures to cushion the pain brought about by the hike in the pump price of petrol nationwide.

He said, “Our President must immediately investigate the activities of our CBN governor, the most political CBN governor we’ve had in the history of Nigeria.

“The pillars of the economy today are the CBN, the Nigerian National Petroleum Company Limited and the Nigeria Customs Service. Every other sphere of our economy derives from these pillars but they are the most corrupt pillars of our society. If the President has started working on the CBN, he must at the same time, spread his tentacles to the NNPCL and the customs.”

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