Naira Redesign: Governors on EFCC watchlist have increased – Bawa

Abdulrasheed Bawa

The Chairman of the commission of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa on Thursday said the number of governors on its watchlist has increase. He disclosed this while briefing reporters at the State House after meeting with President Muhammadu Buhari.

Bawa declined to say the number of governors currently under their radar, neither did he reveal their identities. The EFCC boss further affirmed that the anti-corruption agency is pleased with the redesign of the naira note, explaining that the policy would help the Central Bank of Nigeria (CBN) control the monies in the system and by extension, enable more money for people to borrow.

Bawa also re-expressed the belief (as a student of economics) that the redesigning of the naira will cause the value of the dollar currently at 890 to crash to 200 naira. On the sting operations to the Bureau De Change (BDC) operators, he affirms that the operation was successful and huge recoveries were made.

Bawa again urged Nigerians to embrace the new policy, while also encouraging citizens to take advantage of the whistle-blower policy.


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