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Pres. Buhari: U.S & International Community Will Help Nigeria Recover Stolen Funds

NAN

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Buhari-BN

President Muhammadu Buhari said on Tuesday in Abuja that his administration has received firm assurances of cooperation from the U.S. and other countries on the recovery and repatriation of funds stolen from Nigeria.

A press release from the presidential spokesman said Buhari gave the indication at an audience with members of the Northern Traditional Rulers Council, led by the Sultan of Sokoto, Alhaji Muhammadu Sa’ad Abubakar.

The release noted that Buhari said that it was now up to Nigeria to provide the international community with the facts and figures needed to drive the recovery effort.

It was stated that “In the next three months, our administration will be busy getting those facts and figures to help us recover our stolen funds in foreign countries.”

Citing the report submitted by the Ahmed Joda-led transition committee, Buhari said that several revenue-generating institutions in the country had been compromised, leading to a weak economy.

On insecurity, the President said that the monarchs could play a key role in stemming terrorism and insurgency in Nigeria by assisting the government with cost-effective intelligence gathering.

Buhari also assured them that his administration was working hard to end insecurity and terrorism in the country in the shortest time possible– with the cooperation of neighbouring countries and the international community.

Acknowledging that Nigerians expected a lot from his administration, the President appealed for patience and understanding, while his government worked diligently to speedily overcome the huge national challenges it inherited.

NAN

The News Agency of Nigeria (NAN) was established by the Federal Government of Nigeria in May 1976 to gather and distribute news on Nigeria and cover events of interest to Nigeria at the international level for the benefit of the Nigerian Media and the Public.

18 Comments

  1. mrs chidukane

    June 24, 2015 at 11:04 am

    Please you guys should start with ex Governor TA Orji of Abia State.

  2. Reverse

    June 24, 2015 at 11:21 am

    As usual, story story story… like Nike, JUST DO IT! Enough of the talk

    • Warizdiz

      June 24, 2015 at 12:36 pm

      You cannot give what you do not have.

      I know Buhari thot he was coming to power to wave a wand and it will be nirvana. The Daura dullard is finding out that corruption is a hydra headed monster. The PDP head, the APC head, the APGA head and the head of the retired generals and plenty other heads. In short, the biggest head now belongs to the APC. “In the next three months, our administration will be busy getting those facts and figures to help us recover our stolen funds in foreign countries.” No problem, just make sure the list of thieves is comprehensive including the Emir of Kano. Odenson, by then all the monies would have disappeared with no trace. Talk is cheap and this man has a bank full of it. The morning tells what the day will look like. Even his ardent supporters are getting worried. Buhari is sleeping on duty already.

    • whocares

      June 24, 2015 at 2:44 pm

      Nemo dat quod non habet. I just said that to someone less than a minute ago as well! (little things excite me 🙂 Notice how I cannot contribute meaningfully to the conversation? I cant. I just don’t know how I feel about Buhari yet. Just because you took off your military uniform and changed into an agbada does not mean you are different. It remains to be seen what he is capable of. The other day I told my mom if I lived in Nigeria I would have found it very difficult to vote. The political parties make a decision to join bigger parties without some sort of consultation or referendum with people? The next thing I hear Nigeria has a two party system and everyone was ok with that? (was there a referendum or consultation that we did not hear of? I might be wrong here) Now, we are happy with Buhari as if he is the messiah? We forget the military regime? It may be my inherent distrust for everything military that is coming through here. I just dont know but I need to see what happens. As for the U.S recovering money; here is my response to that – LOOOOOOOOL. #jesusandhismiracles

    • Tanya

      June 25, 2015 at 10:49 am

      I do not think that PMB thought a wave of a wand was all he needed to do. I think that was the thought of people like yourself. If you do not hear anything about the efforts and plans of the current administration, you will complain that he is not carrying everybody along in this era of social media and internet access. You seem to desire the failure of this administration to prove whatever obsolete point you may conjure but that will affect us all. We should all build up this nation and whoever leads us in doing that should be supported. Stop being partisan and look at the bigger picture – Nigeria- not just selfish desires or grievances. It’s not about any one man but the progress of Nigeria, after all that is what patriotic Nigerians want or is it?

  3. prince

    June 24, 2015 at 11:30 am

    we really need their help cos the past administration crippled Nigeria totally

  4. or

    June 24, 2015 at 11:30 am

    This buttresses Jonathan US will know.
    Now Buhari has just re-echoed it.

    But wait ooo Buhari did Nigerians indirectly vote in colonial masters?

    • jayboogie

      June 25, 2015 at 11:50 am

      your read my mind ”America will know ” is back!

  5. $exyD

    June 24, 2015 at 11:33 am

    And Ty danjuma…Obj…Atiku…and everybody that has ever stolen…not just past administration

  6. Tkum

    June 24, 2015 at 11:47 am

    Pa BUBU aka Empty Treasury…how far the 30bn the previous administration left behind?
    secondly, what is this thing i hear that state governors had a serious meeting with you discussing how to share money from ’empty treasury?…Thirdly, you talk too much ooo…finally, even uncle Rochas Okorocha ‘Okorochange’ that handed over to himself is crying he met ’empty treasury’…

    • FasholasLover

      June 24, 2015 at 12:48 pm

      And Aregbesola too. How that man sleeps at night is beyond me. If Dakuku had won in Rivers, l am sure he would have been complaining too. The Govs were specifically told to pay salaries as a matter of priority from the allocations they all received but as usual, they shared what they got into their foreign accounts and the other half went into campaign funding. Buhari should start buy probing himself. He cannot claim to be above board In this matter. He is just as guilty. You are also a thief if you are a recipient of stolen goods. The Govs brought money meant for the development of their states for campaigns and now everybody is broke. For those saying elections campaign only started in December 2014. I leave you in you in the dark recesses of your ignorance.

      By all means all identified thieves should go to jail o what we don’t want is selective justice. Shikena

  7. mz_daniels

    June 24, 2015 at 12:03 pm

    I have been indifferent to this man since he assumed office cos I believe our problems can overwhelm the finest of people but then, all these talk of stolen money, foreign aids, etc. is beginning to sound defeatist.

    What is the difference between this and ‘America we know’ that the last administration said.

    The duty of the government is to provide an enabling environment for people an businesses. All these smoke screening. issorait

    • Beeeee

      June 24, 2015 at 1:00 pm

      That’s the word I’ve been looking for, defeatist. Thank you. You know, it is so easy to criticize something when you are outside. Now he has entered office and he has seen the real problems with our dear country. All he has done since he entered office, is whine and whine and whine. He said he could fix the country so he should start fixing. I personally think Boko Haram should be the priority. People are dying like chickens everyday.

  8. Hali

    June 24, 2015 at 12:39 pm

    UK too. You have no idea how much money politicians squander on properties.

  9. ACE

    June 24, 2015 at 2:08 pm

    Its a good idea but hope its not been done maliciously

  10. suliat

    June 24, 2015 at 3:41 pm

    well done sai baba

  11. Prec

    June 24, 2015 at 3:54 pm

    I’m tired of hearing about this stolen funds issue. We know there are stolen funds. duhhhhh… That’s why you were voted in, what’s going on with Boko Haram? we need updates,. I rooted for him cause of the security issues. Please prioritize.

  12. Jamce

    June 25, 2015 at 11:28 am

    Sai Buhari, now that you have announced this to the world, am sure the monies would remain in those accounts and countries by the time you finish gathering your facts and figures. I word of advise, please you were not elected into neo-colonialism. Am sure you would also ask US and other foreign countries to come and help you govern Nigeria and stem corruption, produce electricity, build industries and refineries, etc. Mschweeeew. Another word of advise, those countries are not readily interested in repatriating funds that enter their countries because that is the basis of their economic and financial prosperity. You can trace the economic meltdown in Europe and America to when the Arabs decided to start developing their own regions and creating their own financial centres by moving their petrol-dollars from American and European Banks to developing their economies. A few years ago in the height of the financial meltdown, the Chairman of Barclays had to go to Saudi Arabia to seek a bail out deposit fund of about £12 Billion.

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