President Muhammadu Buhari has reiterated at his first Independence Day nationwide broadcast on Thursday that the revenue generating agencies, including the CBN must be probed.
“Preliminary steps have been taken to sanitize NNPC and improve its operations so that the inefficiency and corruption could be reduced to a minimum,” 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.
“Prudent housekeeping is needed now more than ever in view of the sharp decline in world market oil prices. It is a challenge we have to face squarely. But what counts is not so much what accrues but how we manage our resource that is important.
“We have seen in the last few years how huge resources were mismanaged, squandered and wasted. The new APC government is embarking on a clean-up, introducing prudence and probity in public financing.”
He said at the inception his administration in May, a number of problems were inherited and that he was aware that Nigerians wanted quick solutions not the resolution of the problems.