President Muhammadu Buhari told State Governors in the Presidential Villa in Abuja today that his government will recover funds stolen by the past politicians and bureaucrats of the past administration in the country.
He said “The next three months may be hard, but billions of dollars can be recovered, and we will do our best,”.
He warned that the days of impunity, lack of accountability and fiscal recklessness in the management of national resources are over in Nigeria. “There are financial and administrative instructions in every government parastatal and agency. But all these were thrown to the dogs in the past.
“Honestly, our problems are great, but we will do our best to surmount them,” he stated.
Expressing surprise that the governors had tolerated the atrocities allegedly committed with the Excess Crude Account since 2011, President Buhari
promised to tackle the issue decisively.
The President declared that the payment of national revenue into any account other than the Federation Account was an abuse of the constitution, adding that what he had heard was going on in many agencies and corporations, particularly the NNPC, was clearly illegal.
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