Details Emerge as Tinubu’s Special Investigator Concludes Probe of CBN under Emefiele

Details Emerge as Tinubu’s Special Investigator Concludes Probe of CBN under Emefiele

  • President Bola Tinubu has declared the closure of the Jim Obazee report about the investigation of the CBN under Godwin Emefiele
  • Tinubu announced the closure of the investigation after receiving the report from Jim Obazee on Friday, April 5
  • Ajuri Ngelale, the spokesperson to the president, said Tinubu commended Obazee for his dedication and professionalism during the investigation

FCT, Abuja - President Bola Tinubu received the report of Jim Obazee, the special investigator of the Central Bank of Nigeria (CBN) and related entities. The president declared that the investigation had officially ended.

This was disclosed in a statement by the president's spokesperson, Ajuri Ngelale, who stated that Tinubu commended Obazee for his professionalism and dedication in handling the "complexities of this critical national assignment."

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President Bola Tinubu has received the Jim Obazee report on CBN and Godwin Emefiele
President Tinubu received Jim Obazee report on CBN Photo Credit: Bola Ahmed Tinubu
Source: Twitter

The statement maintained that:

“Subsequent to the conclusion of the assignment and the submission of a final comprehensive report, and with the winding up of all apparatuses used during the scope of the task, which terminated on March 31, 2024, the investigation is formally closed, with all appropriate law enforcement and regulatory agencies already conducting follow-up action.

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“The President thanks Mr Obazee for answering the call of duty while wishing him success in his future endeavours.”

Why Tinubu hired Obazee

President Tinubu hired Obazee as a private investigator to investigate the activities of the CBN under Emefiele soon after he was sworn in as president.

Emefiele, ahead of the 2023 general election, introduced new nair notes that further plunged the country into economic uneasement, with many small businesses wiped off and many others dying as they could not access their money.

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However, Emefiele was said to have made some unilateral decisions without the consent of then-President Muhammadu Buhari.

See the president's statement here:

Tinubu signs student loan bill into law earlier reported that Tinubu finally signed the amended student loan bill into law at the presidential villa on Wednesday.

The signing of the bill came after the consideration from the Senate and House of Representatives committee on tertiary education.

Tinubu had in March forwarded the presidential amended bill to the House of Representatives for consideration.


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Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished politics and current affairs editor, boasting over 7 years of experience in journalism and writing. He is a graduate of OAU, and holds Diploma in Mass Comm. and BA in Literature in English. He has obtained certificates in Leadership and received the "Certificate for Breakthrough of the Year 2022" in recognition of his great performance during his first year at Worked as Editor with OperaNews. Contact: or call 08161717844

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