President Muhammadu Buhari has declared that Nigeria’s external reserves has hit $35 billion.
Buhari who was represented by Vice-President Yemi Osinbajo, stated this on Saturday in Jos, at the graduation of 66 participants in the 2017 Senior Executive Course 39 of the National Institute for Policy and Strategic Studies in Kuru.
He said the country had also saved $500 million in the Sovereign Wealth Fund and investing another $500 million in the SWF.
The President also said the Federal Government had saved about N18 billion within one year after the establishment of an Efficiency Unit under the Federal Ministry of Finance in early 2016.
Buhari unequivocally stated that the Presidency had stopped the siphoning of funds through ghost workers by insisting that all Ministries, Departments and Agencies must be on the Integrated Payroll and Personnel Information System in all tiers of government as well as mandating the use of Bank Verification Numbers.
