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Breaking: CBN headquarters in Abuja engulfed in fire

The Central Bank of Nigeria (CBN) headquarters in Abuja is reportedly on fire. The fire reportedly began in the evening today, Tuesday, May 1.

The cause of fire has not been ascertained yet.

Effort is going on to put out the fire and no causalities have been reported yet. More details coming Meanwhile, President Muhammadu Buhari wrote a letter to the National Assembly, explaining why he approved the withdrawal of $462 million from the Excess Crude Account (ECA) for the procurement of 12 Super Tucano aircraft from the United States government.

However, the letter also exposed false claims by a presidential aide who said Buhari had not ordered the withdrawal of $1 billion from the ECA to procure arms to tackle Boko Haram insurgents in the northeast and that until he got approval from NASS, he would not take such action. The aide made the claim on April 9.

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