The All Progressives Congress (APC) has described as spine-chilling and mind-boggling the massive looting of the nation's treasury by public officials, saying nothing but the total recovery of the funds will be acceptable to all patriotic Nigerians.

In a statement issued in Lagos on Sunday by its National Publicity Secretary, Alhaji Lai Mohammed, the party said anyone who attempts, either by deeds or words, to sabotage the recovery efforts is not a patriot and deserves nothing but public opprobrium.

It therefore thanked Nigerians for their overwhelming support for the Buhari Administration in its tough but important task of tracing and recovering the loots, while also ensuring that the looters face justice.

''It is absolutely gratifying that Nigerians are vehemently opposed to the few who would rather have the government of the day turn a blind eye to the looted funds and, in their words, carry on with the process of governance.

''Truly, what sort of governance can go on if the billions of Naira in a few hands are not recovered? In the first instance, the government needs every kobo of the funds it can muster to bring about the change it has promised Nigerians. Secondly, leaving such hair-raising funds in the hands of the few looters is dangerous, because they can use the funds to destabilize any government. In fact, no one will be surprised if the looters use their dirty funds to sponsor public demonstrations against the government's determination to recover the funds.

''Thirdly, allowing those who privatized the commonwealth to get away is offering a thumbs-up for looting. No responsible government will do that,'' APC said.

The party said that already, the looters have embarked on a relentless and an increasingly-bold campaign to discredit the government of the day and sabotage the funds' recovery process, using newspaper columnists, 'talking heads' and otherwise respectable opinion leaders. 

''They and their paid hirelings have tried to employ sophistry to muddle the waters, but Nigerians are much wiser, and will not succumb to the dirty antics of the looters' megaphones,'' it said.

APC said it is necessary to remind Nigerians of the kind of massive looting of the treasury that took place in the past few years, so they can better appreciate the seriousness of the issue at stake. It therefore listed some instances of the looting as follows:

- 3.8 trillion Naira out of the 8.1 trillion Naira earned from crude oil (2012-2015) withheld by NNPC

- 2.1 billion US dollars from Excess Crude Account unaccounted for

- Department of Petroleum Resources' unremitted 109.7 billion Naira royalty from oil firms

- 6 billion US dollars allegedly looted by some Ministers of the last Administration

- 160 billion barrels of crude worth 13.9 billion US dollars lost between 2009 and 2012

- 15 million US dollars from botched arms deal yet to be returned to Nigeria 

​- 13 billion US dollars​ in NLNG dividends mostly unaccounted for

​- 30 billion Naira rice waiver​

​- 183 billion naira​ unaccounted for at the NDDC

​

​ The party said the listed 'missing' funds constituted just a tip of the iceberg since they are mostly from a few sectors of the economy, mostly the oil sector, and were discovered even before the forensic audit now being undertaken in some key areas.

''The level of looting that went on in other sectors is better imagined, hence the need for all Nigerians to rally around the Buhari Administration to recover the loots, bring the looters to justice and to put in place measures to prevent such looting in the future,'' it said.

Alhaji Lai Mohammed
National Publicity Secretary
All Progressives Congress (APC)
Lagos, Aug. 16th 2015

When is Fashola's probe going to begin?

Lia the chief wailer!!!Nobody is saying Apc should not investigate the looters bt the question is?when ll Apc focus on basic infrastructure?do u probe without investication?did all these money missed during Jonathan regime?how long ll Apc gov fight corruption in Nigeria?how and when Apc ll investigate 78m website scadal of fasola,$223b amechi,when ll Apc investigate the govs,when ll Buhari and Osinbanjo declare their asset?pls we need to ask question.....Fayose assume gov from opposition and he forge ahead,wike forge ahead and many govs......how long ll apc gov decieve themselves?

Lia Mohammad again

So much noice about probing or are you people trying to cover something? I get it

merry02:
Liar the chief wailer!

so what happened to the states were governors ruled with Jonathan?or re they not part of the government?in other words obj should go and enjoy his loot while ibb remains a saint

Slow and steady

What happened to the loots between 1999 to 2007? What about the $16 billion epower sector scam?

Masturbators

Rilwayne001:


2031.

I won't be surprised tho.

Mogidi:


I won't be surprised tho.

Yes, probably after his tenure as the President of Nigeria, 2023 - 2031.

I hope the borders have been closed to this PDP criminals?

Rilwayne001:


Yes, probably after his tenure as the President of Nigeria, 2023 - 2031.

Brilliant as Awo was, he never ruled Nigeria.
Fashola can rule your lot in the s-west till eternity, that's your business, he will never rule Nigeria.

Mogidi:


Brilliant as Awo was, he never ruled Nigeria.
Fashola can rule your lot in the s-west till eternity, that's your business, he will never rule Nigeria.

If wishes were......

Rilwayne001:


Hehehe.....Remember you said more than about about Buhari; today, he is your President. Fashola will be your President come 2023-2031. Get ready to relocate to Togo if don't like it.

Togo is far, Sambisa is an accomodative abode for him. Lol!

Rilwayne001:


Hehehe.....Remember you said more than about about Buhari; today, he is your President. Fashola will be your President come 2023-2031. Get ready to relocate to Togo if don't like it.

Buhari has 12mil Almajiri/Talakawas behind him, Fashola don't have that luxury.

Rilwayne001:


Loool...look at you. And do you think Buhari wouldnt support him? Fashola has a very bright image in SW, and with Bubu's support up north, trust me, he is your President.

PDP would be fielding a northerner next election, Fashola has no chance against a northerner. Anyway he belong in prison not Aso rock.
Have a nice day.

lying liars again,
feeding gullible fools keeping them busy from APC's none performance in the last 100days.


i won't be surprised if by 2019, Gej administration will still be headlines of liar Mohammed

So, why are they telling us

Mogidi:


PDP would be fielding a northerner next election, Fashola has no chance against a northerner. Anyway he belong in prison not Aso rock.
Have a nice day.

As long as tinubu is alive, Fashola can't be president. if he even gets appointment it because of buhari

Rilwayne001:


Loool...look at you. And do you think Buhari wouldnt support him? Fashola has a very bright image in SW, and with Bubu's support up north, trust me, he is your President.

Tinubu stooge that spends #80 million on website and #65 million on borehole


Okay!

Maybe he will rule your surulere neighborhood