CPPE Warns Tinubu's Presidential Pardon Could Undermine Investor Confidence in Nigeria

The Centre for Promoting Private Enterprise (CPPE) cautioned against President Bola Tinubu's recent presidential pardons, expressing concerns about transparency and accountability. Dr. Muda Yusuf, CPPE's CEO, emphasized the need for discretion in granting clemency to individuals convicted of serious offenses.

The move to pardon 175 convicts, including those involved in illegal mining and drug trafficking, has sparked public outrage. Attorney General Lateef Fagbemi clarified that the list of pardon beneficiaries is still under review.

The CPPE stressed the importance of maintaining investor confidence and upholding the rule of law to strengthen transparency in Nigeria's economic governance.