”Amount of foreign currency currently flowing into Nigeria is alarming” – President Buhari

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President Buhari has expressed astonishment at the huge amount of
foreign currency flooding the country intended to influence the general
elections beginning on Saturday.

Speaking during the Federal Executive Council, FEC meeting Wednesday,
the President accused some politicians of flouting money laundering
regulations in their desperate bid to capture political power.

President Buhari, however, commended the Economic and Financial
Crimes Commission, EFCC for successfully tracking the money in “millions
of United States dollars.”

The EFCC success followed the presidential directive to investigative agencies to probe a number of high profile cases.

Reassuring the nation of his administration’s determination to wage a
relentless war against money laundering and terrorist financing, the
President again appealed to Nigerians, especially politicians to place
the interest of the country above all others, as they troop out to cast
their votes in the coming elections.

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