President Bola Ahmed Tinubu has described Nigeria’s financial system under the leadership of the suspended Governor of the Central Bank of Nigeria, Godwin Emefiele as rotten.
He made this known while addressing a group of Nigerian residents in Paris, France on Friday.
Tinubu revealed how the difficulty in the flow of forex in and out of the country helped enriched a few people while pushing the vast majority of Nigerians into abject poverty.
“The financial system was rotten. Few people were making away with our money. That is gone now; the man (Emefiele) is in the hands of the authorities.”
Tinubu also revealed that his administration would implement further financial reforms that will help the nation’s financial sector and the country as a whole.
“Then, the financial system was rotten. Few people were making away with our money and then you yourselves, stopped sending money home to our poor parents.
“That is gone now. The man (Emefiele) is in the hands of authorities; something is being done about that; they will sort themselves out.
“We have security challenges in the country. Maybe that is how they are fuelling insecurity; we have to look at everything. We will change the financial system; it will work for you.”
He promised to work in the interest of the country without discriminating between those who voted for or against him during the presidential election.
“Whether you voted for me or you didn’t vote for me, I am your president. By the grace of God, I have to work on your behalf.”
