President Muhammadu Buhari has expressed worry over the huge sums of foreign currencies, which he claims, are being circulated in the country ahead of Saturday’s presidential and National Assembly elections.

A State House statement on Thursday said the President expressed his worries during Wednesday’s Federal Executive Council meeting in Abuja.
The statement, which was signed by a presidential spokesman, Mr Garba Shehu, said Buhari “accused some politicians of flouting money laundering regulations in their desperate bid to capture political power.”

The President praised the Economic and Financial Crimes Commission for tracking the funds “in millions of United States dollars.”
The statement reads, “The EFCC’s success followed the presidential directive to investigative agencies to probe a number of high-profile cases.
“Reassuring the nation of his administration’s determination to wage a relentless war against money laundering and terrorist financing, the President again appealed to Nigerians, especially politicians, to place the interest of the country above all others as they cast their votes in the coming elections.”

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