Staff audit begins at Central Bank of Nigeria

The central bank of Nigeria (CBN) is embarking on a staff audit exercise aimed at fishing out ghost workers on its payroll, Vanguard reported this week. The exercise will cover serving members of staff and pensioners.

Director, Internal Audit Department of the apex bank in a June 17, 2004 internal memorandum entitled: "Personnel and Pensioners' Audit" to all Directors of the CBN, says, according to the report by Vanguard, "The Board of Directors, at its 4th Extra-Ordinary Meeting held on Wedne