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We’ll win back investor's confidence- Tinubu assures World Bank President

By David Kabiyesi

President Bola Tinubu has informed  World Bank chieftain, Mr. Ajay Banga that the move to carry out a comprehensive forensic audit of the Central Bank of Nigeria (CBN) remains one of the key reasons why Nigeria will win the confidence of investors.

Speaking on Friday while addressing an audience at the Presidential Villa, Abuja with Mr. Ajay Banga in attendance, Tinubu said a thorough overhaul of the Civil Service payroll would soon be carried out.

 “A very serious structural review of the Civil Service payroll” was necessary because he couldn’t believe in the numbers he is seeing, noting that he once had a similar experience at the state level.

‘’The reforms are in tandem with Nigeria’s Ease of Doing Business program. 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.

President Tinubu highlighted Nigeria’s resilience and intellectual prowess and 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,’’ Tinubu said.

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