Wednesday, 24 June 2015

Buhari secures U.S., others' support to recover billions stolen from Nigeria

President Muhammadu Buhari said on Tuesday in Abuja that his administration has received firm assurances of cooperation from the U.S. and other countries on the recovery and repatriation of funds stolen from Nigeria.
A press release from the presidential spokesman said Buhari gave the indication at an audience with members of the Northern Traditional Rulers Council, led by the Sultan of Sokoto, Alhaji Muhammadu Sa’ad Abubakar.
The release noted that Buhari said that it was now up to Nigeria to provide the international community with the facts and figures needed to drive the recovery effort.
It was stated that “In the next three months, our administration will be busy getting those facts and figures to help us recover our stolen funds in foreign countries.”
Citing the report submitted by the Ahmed Joda-led transition committee, Buhari said that several revenue-generating institutions in the country had been compromised, leading to a weak economy.
On insecurity, the President said that the monarchs could play a key role in stemming terrorism and insurgency in Nigeria by assisting the government with cost-effective intelligence gathering.
Buhari also assured them that his administration was working hard to end insecurity and terrorism in the country in the shortest time possible– with the cooperation of neighbouring countries and the international community.
Acknowledging that Nigerians expected a lot from his administration, the President appealed for patience and understanding, while his government worked diligently to speedily overcome the huge national challenges it inherited.

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