Monday, July 27, 2026

No more corruption in Nigeria’s forex; money available: Tinubu

Mr Tinubu said, “The reforms I embarked upon since I took over in Nigeria have been very impactful.’’

• August 26, 2025
Bola Tinubu and Luiz Inácio Lula da Silva
Bola Tinubu and Luiz Inácio Lula da Silva

President Bola Tinubu has said there is money and “no more corruption” in the Nigerian foreign exchange market since he took over leadership of the country from his predecessor, the late former President Muhammadu Buhari.


Mr Tinubu boasted of his reforms while speaking during his official trip to Brazil on Monday.


Mr Tinubu said, “The reforms I embarked upon since I took over in Nigeria have been very impactful. I beat my chest for that. It was initially painful but today the result is blossoming and getting clearer to the people.’’

Wooing foreign investors that Nigeria’s door is open for business, Mr Tinubu said “We have more money to the economy. No more corruption. We have the governor of the Central Bank here. You don’t have to know him before you get the foreign exchange that you need. The speculators are out. The door is open for business- easy in, easy out.”

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