President Mohammadu Buhari has shifted the responsibility of naming the looters of national assets and the details of the loot to the Ministry of Information.Recall that the president had at various times in the recent times assured Nigerians that he would make public the details of the money recovered from looters during his Democracy Day national address.
More..
- Nollywood stars you still may not know have died – This list will leave you in a big shock! (+Photos)
- 15 Times Nigerian women deceived men with their makeup (With Pictures)
- 13 Nigerian celebrities and their parents (With Pictures)
- 10 things you can do to make women obsess over you – Guys, see this now!
But while making the broadcast on Sunday, the president who however acknowledged that some significant amount of assets have already been recovered said that the Ministry would soon give full details.
He said: “We are also engaged in making recoveries of stolen assets some of which are in different jurisdictions. The processes of recovery can be tedious and time consuming, but today I can confirm that thus far: significant amount of assets have been recovered.
“A considerable portion of these are at different stages of recovery. Full details of the status and categories of the assets will now be published by the Ministry of Information and updated periodically.”
The president said that the funds would be plough back into the national treasuries when forfeiture formalities were completed.
“When forfeiture formalities are completed these monies will be credited to the treasury and be openly and transparently used in funding developmental projects and the public will be informed”, he said.
Speaking on the attacks on major oil and gas installations in the Niger Delta region, the president also said the government would engage with the leaders of the zone to stop further attacks.
He however said that government would wield the big stick should the militants continue to dare it.
“On the Niger Delta, we are committed to implementing the United Nations Environment Programme report and are advancing clean-up operations. I believe the way forward is to take a sustainable approach to address the issues that affect the delta communities. Re-engineering the amnesty programmes is an example of this.
“The recent spate of attacks by militants disrupting oil and power installations will not distract us from engaging leaders in the region in addressing Niger Delta problems. If the militants and vandals are testing our resolve, they are much mistaken. We shall apprehend the perpetrators and their sponsors and bring them to justice”, he said.
Source: Vanguard
CLICK HERE to join our BBM Channel for faster updates
TOP POSTS YESTERDAY
- Top 25 Nigerian celebs and their cute kids (With Photos)
- 9 A-List Nigerian artistes that really don’t like themselves but pretend to (With Pictures)
- 15 Foods that will make you look 15 years younger than your real age
- 12 popular Nigerian foods and their hilarious English names (photos)
- How to know a lady that is madly in love with you – The signs don’t lie!
- 12 Nigerian female celebrities you won’t be able to recognise without makeup (With Pictures)
- 14 Nigerian celebrity look alikes – This will shock you! (With Pictures)
- Meet the richest students in UNILAG
- 11 More crazy pre-wedding pictures of Nigerian couples that will leave rolling on the floor!
- 10 Nigerian celebrity marriages that will never get a divorce (With Pics)
Discussion about this post