The Federal Government has released the amounts recovered in the past one year from the looters of the nations treasury.


The figures released is based on the interim report on the financial and assets recoveries made by the various government agencies from May 2015 to May 2016.

In a statement released on Saturday, the Minister of Information and Culture, Lai Mohammed disclosed that the government made cash recoveries totaling N78,325,354,631.82; $185,119,584.61; £3,508,355.46 and 11, 250 Euros from 29 May 2015 to 25 May 2016. Converting these to naira amonts to about NGN 132 billion naira.

Recoveries under interim forfeiture (cash and assets) during the period totaled N126,563,481,095.43; $9,090,243,920.15; £2,484,447.55 and 303,399.17 Euros.
When Converted to naira amounts to NGN 2, 309,282,548,475 (2.3 trillion naira).
The funds awaiting return From Foreign Jurisdictions stood at $321,316,726.1; £6,900,000 Pounds and 11,826.11 Euros.

Furthermore, 239 non-cash recoveries were made during the said period.

The non-cash recoveries are – farmlands, plots of land, uncompleted buildings, completed buildings, vehicles and maritime vessels.


Source:
https://naijadefender./2016/06/04/2968/

at the end of the day,all we will b hearing is dat nigeria is broke n dat dey have no money to do anythn

adjoviomole:
at the end of the day,all we will b hearing is dat nigeria is broke n dat dey have no money to do anythn

You dey mind the mind-gamers despite boasting of looted funds going into billion of dollars in cash. Funny funny identities

Almost half of our budget done land. Oya let work start.
#IbelieveInBuhari

This poster must be daft trying to sell another scam to the gullible Zombies. How have they recovered more than two trillion when it's clearly stated there that the total recovery so far is about N78b and slightly over $100m. Forfeiture order is not recovery until the court deem the funds illegally acquired. If you also check the details carefully, u will see how disingenuous this govt is as most of the money are not looted funds

Wildrage:
This poster must be daft trying to sell another scam to the gullible Zombies. How have they recovered more than two trillion when it's clearly stated there that the total recovery so far is about N78b and slightly over $100m. Forfeiture order is not recovery until the court deem the funds illegally acquired. If you also check the details carefully, u will see how disingenuous this govt is as most of the money are not looted funds

You will live long my brother. You have eyes that SEE not the one that LOOK!

twisted stories & lies of recovery everywhere.
saharareporters said is 50billion yesterday with $100 fx.
which one we go believe ?
APC staging different stories 7 figures everywhere to deceive the zombies with names not attached to the said loot figures

I thought d new sheriff in town was crying like a baby cos of looted funds which according to him ran into billions of dollars, how come it's only 78billion which I strongly believe was d money recovered from Abachas family? This is truly a boju boju govt

Lies

They should not complain of wing broke

Wildrage:
This poster must be daft trying to sell another scam to the gullible Zombies. How have they recovered more than two trillion when it's clearly stated there that the total recovery so far is about N78b and slightly over $100m. Forfeiture order is not recovery until the court deem the funds illegally acquired. If you also check the details carefully, u will see how disingenuous this govt is as most of the money are not looted funds

You need education!,the N78B is the naira recovered,there are raw,dollar,pounds and euro,even rands and dirhams

jesus+have+mercy

[size=16pt]BY THE TIME THEY ADD WHAT THEY WILL RECOVER FROM TINUBU, FASHOLA, AJIMOBI, ATIKU, OBJ, AREGBESOLA, AMAECHI, SANUSI AND OTHERS THERE WILL BE MORE THAN ENOUGH FOR THE BUDGET.[/size]

Does it not surprise you that everything recovered by the BUHARI ADMINISTRATION is either 2.1 or 2.3, who is fooling who?