Tuesday, 20 February 2018 05:05

I’ll sell all unclaimed looted assets – Buhari

Rate this item
(0 votes)

President Muhammadu Buhari on Monday said all unclaimed looted assets, including landed properties, recovered by the federal government would be sold and the proceeds deposited into government treasury.

The president made this known when he addressed members of Daura Emirate coalition who paid him a condolence visit at his country home, Daura, Katsina State.

Mr Buhari noted that many suspected looters of government resources had been denying ownership of their ill-gotten properties and assets across the country.

He stated that he was not surprised by the increasing number of those denying ownership or disclaiming the properties traced to them by the various anti-corruption agencies.

“Some years back, one of my schoolmates in the primary school who worked at a cottage company before his demise predicted that we will come to a situation when looters will deny their loots in Nigeria.

“So as a civil servant, you have 10 houses in Abuja and even in Kaduna and abroad, the more you show them the properties the more they will swear that they do not belong to them.

“And we are still following the process, you know democracy you have to follow due process and respect the rule of law.

“If you are following you will hear that some of these looters were arrested, and for those who deny their loots, then instead of what happened before, this time around we will sell those stolen properties and the proceeds will be deposited in government treasury.

“If the money is in the government treasury I will see who will come back after we left and reclaim them,’’ he said.

The president pledged that government would ensure availability of fertilizer and other farm inputs to farmers to sustain the successes recorded by farmers in previous farming seasons.

He said: “Please tell Nigerians that we are trying our best, and I thank God, the rainy season is blossom, we will try to add more money to farmers, and ensure the availability of fertilizer and other farm inputs.

“We will also continue to reconstruct roads and railways and provide electricity and we promise we will continue to do so.”

Leader of the coalition, Mr Muhammed Sale, told the President that they were in his resident to condole with him over the death of his two relatives.

NAN

May 07, 2024

Richard Branson says money isn’t a good way to measure success: Focus on this 1…

Richard Branson doesn’t want to be defined by his money. Specifically, he finds it “quite…
May 07, 2024

Presidency rebukes Atiku over allegations on Lagos-Calabar highway contract

The Presidency has responded to former Vice President Atiku Abubakar's allegations regarding the Lagos-Calabar coastal…
May 05, 2024

Here’s when people think old age begins — and why experts think it’s starting later

New research suggests that 74 is the new 71. Our perception of when “old age”…
April 13, 2024

A new camera can undress people almost in real time—to send a message about AI

Nuca, a new deepfake camera, is an art project that shows how artificial intelligence can…
May 05, 2024

Gunmen abduct Archbishop, 5 other clerics in Anambra

Uka Uka Osim, a leader of the Brotherhood of the Cross and Star, along with…
May 07, 2024

Here’s the latest as Israel-Hamas war enters Day 214

Hamas accepts Gaza cease-fire; Israel says it will continue talks but presses on with Rafah…
May 01, 2024

Wellspring Consulting proposes cybersecurity investment to boost Nigeria's economy

In a bid to rescue Nigeria from its economic challenges, Wellspring Consulting advocates for significant…
April 30, 2024

Finidi George is new Head Coach for Super Eagles

Former Nigerian winger Finidi George has been appointed as the head coach of the national…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.