‘President has recovered over N1.4trn,’ APC says

The APC said further that Buhari had succeeded in gathering the funds due to his moves to plug all loopholes in the system.

President Muhammadu Buhari

The All Progressives Congress (APC), on Friday, November 6, 2015, said that President Muhammadu Buhari had recovered N1.4 trillion of Nigeria’s funds as at September.

The ruling party’s comments were contained in a statement released by National Publicity Secretary, Alhaji Lai Mohammed.

The statement reads:

“Contrary to the disinformation being peddled by the Peoples Democratic Party, PDP, the Buhari administration is poised to lift millions of Nigerians out of extreme poverty by providing social protection and safety nets with another N2.5 trillion Special Intervention Fund.”

“Now, the Buhari administration has been busy putting into place measures that will make it possible to start the implementation of this project. Such measures include the introduction of the Treasury Single Account (TSA).”

“We are happy to inform Nigerians that as at the end of September 2015, over N1.4 trillion – which hitherto was lying unproductively in various commercial banks – has been recovered and paid into the TSA.”

The APC also vowed to fulfill its promise to pay N5,000 monthly to 25 million vulnerable Nigerians.


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