Tinubu Makes New Appointment In Move To Further Check Naira Slide

 President Bola Tinubu has approved the appointment of Ms Hafsat Abubakar Bakari as the new Director and Chief Executive Officer of the Nigerian Financial Intelligence Unit (NFIU) in a move the presidency said would augment ongoing moves to check malpractices in the currency exchange markets. reports that Ms Hafsat ABubakar Bakari, a former Deputy Director in the NFIU; she is taking over from Modibbo Hamman-Tukur.

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This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Tuesday in Abuja.

Ngelale said that Bakari would serve on acting capacity until her confirmation by the Senate.

He said that Bakari, the new NFIU head is a lawyer and financial intelligence expert with years of experience in anti-money laundering, counter-terrorism financing, and counter-proliferation financing.

The presidential spokesman added that Hafsat was at different times,  the Head of the General Services Unit; Head of the Strategy and Reorientation Unit, and Head of the Board Secretariat of the Economic and Financial Crimes Commission (EFCC)

”The President anticipates that Bakari will bring her wealth of experience and expertise to full discharge in this critical role.

”Especially in view of his administration’s war against illicit financial flows and other sharp practices currently prevalent in segments of the nation’s foreign exchange markets.” (NAN) reports that the renewed move to check illicit activities in the currency markets with the appointment of Bakari as head of NFIU is coming as the naira slipped towards N2,000 to the dollar in the black market.

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