President Bola Tinubu has unveiled the details of his meeting with the President of the World Bank, Ajay Banga, at the Villa.
Ajuri Ngelale, Tinubu’s Special Adviser on Media & Publicity, said that a comprehensive forensic audit of the Central Bank is underway as a thorough overhaul of the Civil Service payroll is imminent.
“A comprehensive forensic audit is ongoing at the Central Bank. We will do a very serious structural review of the Civil Service payroll. I can’t believe the numbers I’m seeing, and I’ve had that experience before at the state level.
“The reforms are in tandem with Nigeria’s Ease of Doing Business programme. We’ll block all financial loopholes. The reforms will be targeted at the way we work, change of attitude and equally on educating our people. It’s costly but we will do it,” he said.
Highlighting Nigeria’s resilience and intellectual prowess, the President implored the Bretton Woods institution to view the country as a significant player within the global community, not solely as a struggling economy.
“We stand as a vibrant and educated society, seeking to avert chaos through strategic interventions. Your proactive engagement aligns with our quest for partnership, and together, we shall pursue mutual benefits that enrich us all,” he said.
In his remarks, Mr Banga commended President Tinubu for his efforts in addressing the country’s economic challenges.
“Yes, we give money, and our dollars are significant, but where we are helpful is our expertise, knowledge, and experience from many markets. In that way, we will always be your friend and partner, not just with the money, but with our minds and hearts, and you should rest assured about that.”