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My Achievement As EFCC Chairman Is Increasing Naira Value Against Dollar –Bawa

My accomplishment as EFCC executive is expanding naira esteem against dollar: Abdulrasheed Bawa

“From well over N710 to the dollar, following the commission’s intercession, the naira has appreciated altogether against the dollar,” said Mr Bawa.


The Economic and Financial Crimes Commission (EFCC) director, Abdulrasheed Bawa, has applauded himself, guaranteeing he assisted with working on the worth of the naira against the dollar.

“One accomplishment which a large portion of you may not effectively perceive is the effect which EFCC’s mediation in the forex market has had on the worth of the naira,” Mr Bawa said at a studio coordinated for columnists held at the counter join commission’s base camp in Abuja, on Wednesday.

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On July 29, Peoples Gazette revealed how the EFCC struck Abuja department de change administrators, guaranteeing it was an offered to save the naira, which exchanged for N710 against the dollar in the underground market then.

“From well over N710 to the dollar, following the commission’s mediation, the naira has appreciated fundamentally against the dollar in the equal market,” Mr Bawa guaranteed. “Furthermore, we are not yielding in that frame of mind to really take a look at hurtful speculative exercises in the area.”

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Legislative head of the Central Bank of Nigeria, Godwin Emefiele, faulted BDC administrators and examiners for the descending pattern of the public money.

To additionally confine forex stream at the equal market, the CBN took steps to capture and indict Nigerians utilizing naira to purchase dollars.

Talking further at the studio, Mr Bawa said, “Without uncertainty, the media’s capacity to illuminate and sharpen individuals on the ills of defilement and financial wrongdoing is essential as far as we’re concerned.”

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As indicated by the EFCC director, toward the finish of 2021, the counter join organization recorded 2,220 convictions.

“I’m satisfied to illuminate you that we are ready to develop that figure as the record of convictions as of August 5, 2022, was 2,210,” Mr Bawa focused.

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