The All Progressives Congress, APC, on Sunday disclosed that the massive looting of the nation’s treasury by past public officials was spine-chilling and mind-boggling, insisting that nothing but the total recovery of the funds would be acceptable to all patriotic Nigerians.

The party, in a statement issued in Lagos by its National Publicity Secretary, Alhaji Lai Mohammed, warned that anyone who attempts, either by deeds or words, to sabotage the recovery efforts is not patriotic and deserves nothing but public condemnation.

It however appreciated Nigerians for their overwhelming support to the administration of President Muhammadu Buhari in its tough but important task of tracing and recovering the loots, while also ensuring that the looters face justice.

The statement reads, “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,” the APC said.

Mohammed observed that the looters have already 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,” he added.

The governing party maintained that it is
necessary to remind Nigerians of the kind of massive looting of the treasury that took place in the past few years, in order for them to better appreciate the seriousness of the issue at stake.

It consequently listed instances of looting of Nigeria’s treasury to include:
– 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 governing 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.

APC needs to Justify Fashola's N78 Million website now.. http://forums.dailypost.ng/t/apc-reveals-how-nigeria-was-looted-by-past-officials-fasholas-n78-3m-website-apc-we-need-answers/55

Hmm

tinubu and fashola should go and settle and stop calling 78million naira website which I know the money they stole is more than that times a thousand times.

we are wating

How many times are you going to remind us of the claimed missing money? Get down to work, investigate, probe, charge, convict and recover the money if actually APC has concrete evidence. Just stop this mouth action or are you using it to buy time or what. The few years you mentioned, hopefully do not exclude fashola and amaechi tenures.

.

Please shut up and face Governance!
We have been pursuing funds and doing nothing
Nigerians are wiser and they are watching - all your schemes will be exposed.
Spread the propaganda

ybase3:
The All Progressives Congress, APC, on Sunday disclosed that the massive looting of the nation’s treasury by past public officials was spine-chilling and mind-boggling, insisting that nothing but the total recovery of the funds would be acceptable to all patriotic Nigerians.

The party, in a statement issued in Lagos by its National Publicity Secretary, Alhaji Lai Mohammed, warned that anyone who attempts, either by deeds or words, to sabotage the recovery efforts is not patriotic and deserves nothing but public condemnation.

It however appreciated Nigerians for their overwhelming support to the administration of President Muhammadu Buhari in its tough but important task of tracing and recovering the loots, while also ensuring that the looters face justice.

The statement reads, “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,” the APC said.

Mohammed observed that the looters have already 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,” he added.

The governing party maintained that it is
necessary to remind Nigerians of the kind of massive looting of the treasury that took place in the past few years, in order for them to better appreciate the seriousness of the issue at stake.

It consequently listed instances of looting of Nigeria’s treasury to include:
– 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 governing 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.

APC needs to Justify Fashola's N78 Million website now.. http://forums.dailypost.ng/t/apc-reveals-how-nigeria-was-looted-by-past-officials-fasholas-n78-3m-website-apc-we-need-answers/55

is dis all.so na cos of dis baba govt never start.

what a shame

Apc,I carry yansh for Una.