ADVERTISEMENT

55 people stole N1.34tr – Minister says

The minister made this revelation at the first town hall meeting held in Lagos state on Monday, April 25, 2016.

 

He said “We launched the campaign in January and we released what some people call a bombshell, that between 2006 and 2013, just 55 people allegedly stole a total of N1.34trn, an amount that is more than one quarter of the 2015 national budget.”

Mohammed also said the government did not abandon the country’s economy to fight corruption.

He said “On the issue of corruption, I’ve heard many commentators say that this administration is fighting corruption without paying attention to the economy. Of course, this is not true.

ADVERTISEMENT

“But even if it was, it is patently justified. Why? Unless we fight corruption to a standstill, nothing else we do will yield positive results.”

Adding that “It was corruption that prolonged the war against Boko Haram and sent many soldiers and civilians to their early graves. It was corruption that ensured that while oil was selling for over $100 per barrel, we had nothing to show for the windfall.

“It was corruption that gave us darkness instead of light when we supposedly pumped millions of dollars into the power sector. I can tell you today that we are squarely fighting corruption and we are winning. The situation is serious and no government can fight the battle alone. That explains why we have launched a nationwide sensitization campaign to make Nigerians to join the anti-graft war.”

Mohammed said “Even if just one-third of the stolen fund is recovered, it will provide us with 6 Lagos Ibadan express ways and in addition, it will build 183 schools to educate 3,974 children from primary to tertiary education, also 36 modern hospitals. The money that was originally stolen represents the total earning s of four African nations.

“The funds meant to buy arms and ammunition for our soldiers to fight Boko Haram was shared out by few people for political purposes. What is remarkable in all of this is that no one who has been named to have shared in the money has denied it. All they have done is give very ridiculous excuses for what they did. All of must be part of the war; its not Buhari’s war, its not APC’s war, its Nigeria’s survival war.”

ADVERTISEMENT

The minister has also alleged that vandals are responsible for the poor power supply situation in the country.

See Pulse Photo-News gallery below.

......................................................................................

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

IOCs manipulating crude oil prices to frustrate our refinery - Dangote laments

IOCs manipulating crude oil prices to frustrate our refinery - Dangote laments

Food vendors lament rising cost of beans, seek FG’s intervention

Food vendors lament rising cost of beans, seek FG’s intervention

Cholera: Don’t divert ₦260bn PHCs revitalisation fund, APC chieftain begs Govs

Cholera: Don’t divert ₦260bn PHCs revitalisation fund, APC chieftain begs Govs

Nigerian graduate who failed O-level exams 17 times in 5 years advises youths

Nigerian graduate who failed O-level exams 17 times in 5 years advises youths

NAF airstrikes destroy 13 illegal oil refining sites, 7 gunboats

NAF airstrikes destroy 13 illegal oil refining sites, 7 gunboats

Police confirm abduction of traditional ruler’s police orderly, driver in Rivers

Police confirm abduction of traditional ruler’s police orderly, driver in Rivers

Oyo health workers to begin 7-day warning strike Monday

Oyo health workers to begin 7-day warning strike Monday

Oyetola very capable to lead Osun APC to success - Former VC

Oyetola very capable to lead Osun APC to success - Former VC

100% of SIM cards used in Nigeria locally manufactured – NCC

100% of SIM cards used in Nigeria locally manufactured – NCC

Pulse Sports

‘Respect’- Super Eagles star Victor Boniface pays homage to Obafemi Martins

‘Respect’- Super Eagles star Victor Boniface pays homage to Obafemi Martins

PulseSports30: Olayinka, Dessers, Moffi crack top ten

PulseSports30: Olayinka, Dessers, Moffi crack top ten

PulseSports30: Okoye back among the best as Olawoyin finishes ahead of Tella

PulseSports30: Okoye back among the best as Olawoyin finishes ahead of Tella

Finidi George responds to accusation made by Victor Osimhen in viral video

Finidi George responds to accusation made by Victor Osimhen in viral video

Elaine Thompson-Herah withdraws from the 200m of the Jamaican Olympic games trials amidst injury woes

Elaine Thompson-Herah withdraws from the 200m of the Jamaican Olympic games trials amidst injury woes

PulseSports30: Sikiru Alimi tops Moses Simon as Osayi-Samuel comes in at 24

PulseSports30: Sikiru Alimi tops Moses Simon as Osayi-Samuel comes in at 24

ADVERTISEMENT
ADVERTISEMENT