President Muhammadu Buhari has ordered a complete audit of all revenue generating agencies in the country as a clean up measure and to make them more efficient.
Top on the list of the agencies are the Nigerian National Petroleum Corporation, the Central Bank of Nigeria, the Federal Inland Revenue Service, the Nigerian Communications Commission and the Nigerian Customs Service.
A news agency reported how former President Goodluck Jonathan had authorized the withdrawal of N67.2billion in cash from the Central Bank of Nigeria in the build up to the 2015 general elections.
The amount were said to have been carted away from the bank in bullion vans.
At his first Independence Day nationwide broadcast on Thursday, the President said the probe of the revenue generating agencies, including the CBN, became necessary following noticeable widespread corruption in the agencies.
“Preliminary steps have been taken to sanitize NNPC and improve its operations so that the inefficiency and corruption could be reduced to a minimum,” Mr. Buhari said.
“Those of our refineries which can be serviced and brought back into partial production would be enabled to resume operations so that the whole sordid business of exporting crude and importing finished products in dubious transactions could be stopped.
“In addition to NNPC, I have ordered for a complete audit of our other revenue generating agencies mainly CBN, FIRS, Customs, NCC, for better service delivery to the nation.
