ABUJA-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.
President Buhari
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
a re 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.
Details later

www.vanguardngr.com/2016/05/645693/

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