It’s impossible to recover all looted funds – Buhari | Nigeria News Today. Your online Nigerian Newspaper f

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President Muhammadu Buhari has said that it will be impossible for his administration to identify and recover looted funds of the country.


He also said that his administration has not done badly when compared to what it met on ground when he took over in 2015. The President said the damage done to the Nigeria’s economy in the years of plunder was massive, and that government was doing its best to recover some of the loot, but noted that it was impossible to identify and recover all.

The President stated this in London Sunday while receiving the Buhari Diaspora Support Organization, led by Mr Charles Efe Sylvester. According to him, “We will do our best to justify your trust in us, and that confidence won’t be abused,” President Muhammadu Buhari has assured Nigerians.

“I am happy that people like you are here, on your own, defending the country. You have shown courage and sacrifice. I assure you that your confidence in us won’t be abused, we will do our best to justify it.” He noted that Nigeria was gifted with tremendous human and natural resources, but regretted that “failure of some of the leadership we had in the past led to our not being able to capitalize on resources to improve the lot of the people.”

Saying wicked people plundered the country, “and kept Nigerians poor,” the President added that looking at the condition in which the current administration met the country, without savings and the economy badly vandalized, “we have not done too badly.

“If they had used 50 percent of the money we made, when oil prices went as high as $143 dollars per barrel, and stabilized at $100 dollars with production at 2.1 million barrels per day for many years, Nigerians would have minded their businesses. You could almost grow food on our roads, as they were abandoned.

“The stealing was so much, and they were so inept that they could not even cover the stealing properly. I wonder how all those things could have happened to our country.” He commended the Buhari Diaspora Support Organization for deciding to identify with the country, “when you could have stayed here, and being comfortable.” The Coordinator of the organization, Mr Sylvester, said the group was happy with the achievements of the Buhari administration so far. He said, “You met a difficult situation, but you have overcome most of them.

We are happy with the agriculture revolution, the ease of doing business, the anti-corruption war, the employment of youths through the N-Power programme, and the blockage of leakages in the public sector through the Treasury Single Account (TSA). “We are proud of the speed with which you recovered the abducted Dapchi schoolgirls.

It shows you as a worthy general. We are happy that you have declared for 2019. Majority of Nigerians are happy, but agents of corruption and darkness are unhappy.

“The same God, who healed you when you were ill, will grant you victory in the 2019 elections. You are a General who does not fear combat, either with Generals or non-Generals. We declare our love and support for you. You are fixing the faulty foundations of our country and second term is when you will build the enduring structure.”

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  1. But where are the looted funds you have recovered so far? Or have you relooted them?

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  2. Mr Ifekoya, when you look around you will see the money recovered except you just want to close eyes. For me I can see it in roads being done by Ambode bc Lagos state have its own share like all other states. I can also see the money in Lagos Ibadan express way, sag Amu ore road, in railway track being done along ebute meta to Ibadan, in 18rice mills across Nigeria, in anchor borrowers program and in N power and school feeding program. At least my children in primary school told me now that they are being fed. So look very well you will see the money in front of your house.

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