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President Buhari Has Officially Suspends Magu, Says Attorney General’s Office

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Dss Arrests Ibrahim Magu

Buhari Officially Suspends Magu, Says Attorney General’s Office

Nigeria has suspended its anti-corruption chief pending the conclusion of investigations, the attorney general’s office said on Friday, without elaborating.

Ibrahim Magu has been appearing before a presidential panel reviewing activities of the Economic and Financial Crimes Commission (EFCC), the agency said on Monday.

“President Muhammadu Buhari has approved the immediate suspension of Ibrahim Magu as Ag. Chairman of the Economic and Financial Crimes Commission (EFCC),” the attorney general’s office said in a statement.

The president put EFCC operations director Mohammed Umar in charge pending the outcome of Magu’s case.

Buhari has made tackling corruption a priority since taking office in 2015. Endemic graft among the political elite dating back decades has left most Nigerians mired in poverty, despite the country being Africa’s biggest economy and energy producer.

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20 years of experience in global financial markets. Olukoya is a published contributor to Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, InvestorPlace, and other leading financial platforms. He is widely recognized for his in-depth market analysis, macroeconomic insights, and commitment to financial literacy across emerging economies.

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