Human rights lawyer, Mr. Femi Falana, on Saturday expressed the fears that both the Federal Government and Nigerians would not benefit from the funds recovered from public treasury looters if the monies are not being disbursed to cushion the effects of the current hardship.
The Senior Advocate of Nigeria, in an interview in Abuja, therefore advised the President Muhammadu Buhari-led administration to set up a special fund similar to the Petroleum Trust Fund, to cater for special projects across the country.
The Minister of Information and Culture, Alhaji Lai Mohammed, has explained that the looted fund recovered so far by government is far cry from what the country needs to revive the economy.
The minister said this on Friday when he appeared on a News Agency of Nigeria (NAN) Forum in Abuja.
According to him, the amount of money recovered is always being made public.
“What we have recovered and if my record is right is about N78 billion, and 3 million dollars.
“We have […]
AdeLove Media Team conducted another interesting research titled “What Buhari should do with the Recovered Loot”. Assuming you are in President Buhari’s Shoes, What would you spend or use the recovered funds to construct, build, rehabilitate? Let me not take much of your time while i refer you to hear from Nigerians what they suggest from the video detailed below:
Or preferably, would you use it to fund standard projects especially in the towns and villages of the identified enemies of […]
The Nigeria Union of Teachers (NUT) Plateau State has appealed to the state governor, Barr. Simon Lalong, to urgently convert the recovered N2.7 billion into the payment of outstanding four months’ salaries of primary school teachers for the months of June to September, 2012.
Addressing newsmen in Jos, the Plateau State capital yesterday, the state chairman of the union, Comrade Gunshin Yarlings also lamented the refusal of the state government to appoint primary school teachers as education secretaries regretting that nomination […]