Nigerian House Probes CBN Governor Over Missing ₦16 Trillion Revenue

The House of Representatives in Nigeria is investigating CBN Governor Olayemi Cardoso over the alleged non-remittance of ₦16 trillion in federal revenue. The probe was initiated following concerns raised by lawmakers about funds not transferred to the treasury.

The Socio-Economic Rights and Accountability Project (SERAP) has demanded urgent accountability and the return of the missing funds. The investigation is ongoing, with calls for further scrutiny and potential legal actions against those responsible.