General News of Thursday, 1 June 2023
Source: www.legit.ng
Tension as Tinubu asked to probe Buhari for alleged illegal withdrawal of funds from CBN
President Bola Tinubu and former President Muhammadu Buhari
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu, to probe the immediate past President, Muhammadu Buhari, for allegedly withdrawing funds from the Central Bank of Nigeria (CBN).
SERAP called on President Tinubu to name and shame and also bring all those involved in the illegal withdrawal from the apex bank to justice.
The advocacy group stated these on Thursday, June 1 via its Twitter handle @SERAPNigeria.
The statement read: “The Tinubu administration must promptly probe the allegations that former President Buhari 'illegally withdrew public funds from the Central Bank of Nigeria', name and shame those involved, and bring them to justice, or face legal action.”
Meanwhile, earlier reports indicated that Nigeria's new president Bola Ahmed's tenure is kicking off with the country's reserves at its lowest level in 20 months.
According to data obtained from the Central Bank of Nigeria as of Thursday, 25 May 2023, Nigeria's foreign reserves stood at $35.15 billion.
