finally,buhari reveals information on recovered loots.


– The presidency finally revealed the first
set of information on loot recovered during
the first year of President Buhari’s
administration – Apart from cash in different currencies,
the administration also recovered assets
from looters – The president has vowed to continue the
war against corruption The president Muhammadu Buhari-led federal
government has finally released the first set of
information on loot recovered during his
administration. The president was expected to give this
information during his address on May 29 which
commemorated his first year in office but it was
later revealed that this would be done through
the office of Mr Lai Mohammed, who is the
minister of information and culture. In a statement issued by the minister on Saturday,
June 4, it was revealed that the country had
recovered N78,325,354,631.82 and also
$185,119,584.61. Also 3,508,355.46 Pounds
Sterling and 11, 250 Euros were also recovered
between May 29 2015 and 25 May. Read the full statement issued via the presidency
office below: The Federal Government made cash recoveries
totaling N78,325,354,631.82 (Seventy eight billion,
three hundred and twenty-five million, three
hundred and fifty-four thousand, six hundred and
thirty one Naira and eighty two kobo);
$185,119,584.61 (One hundred and eight five million, one hundred and nineteen thousand, five
hundred and eighty four US dollars, sixty one
cents); 3,508,355.46 Pounds Sterling (Three
million, five hundred and eight thousand, three
hundred and fifty-five Pounds and 46 Pence) and
11, 250 Euros (Eleven thousand, two hundred and fifty Euros) from 29 May 2015 to 25 May 2016. In a statement in Lagos on Saturday, the Minister
of Information and Culture, Alhaji Lai Mohammed,
also disclosed that Recoveries Under Interim
Forfeiture (cash and assets) during the period
totaled N126,563,481,095.43 (One hundred and
twenty six billion, five hundred and sixty three million, four hundred and eighty one thousand,
and ninety five Naira, forty three Kobo;
$9,090,243,920.15 (Nine billion, ninety million, two
hundred and forty three thousand, nine hundred
and twenty Dollars, fifteen cents; 2,484,447.55
Pounds Sterling (Two million, four hundred and eighty four thousand, four hundred and forty
seven Pounds, fifty five Pence) and 303,399.17
Euros (Three hundred and three thousand, three
hundred and ninety-nine Euros, 17 cents ). According to the statement, which is based on the
interim report on the financial and assets
recoveries made by the various government
agencies from 29 May 2015 to 25 May 2016, the
Funds Awaiting Return From Foreign Jurisdictions
total $321,316,726.1 (Three hundred and twenty one million, three hundred and sixteen thousand,
seven hundred and twenty six Dollars, one cent);
6,900,000 Pounds (Six million, nine hundred
thousand Pounds) and 11,826.11 Euros (Eleven
thousand, eight hundred and twenty six Euros, 11
cents). It showed that Non-Cash Recoveries (Farmlands,
Plots of Land, Uncompleted Buildings, Completed
Buildings, Vehicles and Maritime Vessels) during
the period total 239


Source:www.naij.com

my people see cash!!!








May GOD have mercy

my people see cash!!!







May GOD have mercy

#Economy oya gbera...

If this news is genuine, then its a great achievement. And I hope it won't be from fry pan to fire....

princeakins:
#Economy oya gbera...

Economy na Aja 4 abi?

989900:
Almost half of our budget already!!!

This people no get mercy at all !!!

Exactly my mind bro dem no get mercy atal,what am thinking is that make buhari tells us those people behind this altrocities so that close eyes will be fix on them

stigmond:
If this news is genuine, then its a great achievement. And I hope it won't be from fry pan to fire....

We are hoping so,they should use the money for the betterment of the masses.

Am not impressed, from the amount we learnt and know was stolen this is just a trickle. I will wait for the showers.
They should also put names to the monies so that we won't have green snakes under green grasses ever again.

.........