‘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.

-----------------------------------

See Pulse Photo-News gallery below:

JOIN OUR PULSE COMMUNITY!

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Buhari names 1st EFCC Board since 2015

Abia Governor Ikpeazu swears in 10 new permanent secretaries

Lagos Assembly extends LASIEC board's tenure by 6 months

Sanwo-Olu charges public servants to be selfless, dedicated to service

INEC targets 20 million new voters with resumption of registration

Buhari's agricultural revolution yielding fruits - Lai Mohammed

15 teachers kidnapped in Islamiyya school in Niger escape in Zamfara

President Buhari promises to implement outcomes of Progressives Youth Conference

NDLEA says it arrests 2,180 traffickers in 5 months