2019 Scolarship

Buhari raises alarm over huge amount dollars in circulation ahead of elections

President Muhammadu Buhari has raised the alarm that there is a huge amount of foreign currency circulating the country intended to influence the outcome of the general election.

According to Garba Shehu, the president’s senior special assistant on media and publicity, Buhari raised the alarm during the federal executive council (FEC) meeting on Wednesday.

Shehu said the president accused some politicians of flouting money laundering regulations in their desperate bid to capture political power.

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

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

He reassured the nation of his administration’s determination to wage relentless war against money laundering and terrorist financing.

Buhari also reiterated his appeal 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.”

2019 Scolarship

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