4.3 C
New York
Thursday, April 18, 2024
HomeEntertainmentTreasury looters now returning stolen funds - Buhari

Treasury looters now returning stolen funds – Buhari

President Muhammadu Buhari, in Tehran, Iran, yesterday, disclosed that many of those who looted the public treasuries in the government of former President Goodluck Jonathan had started returning the stolen funds to the government.
He said that though the government appreciated the development, it was still not enough to condone corruption, stressing that his government would still prosecute them in due course.

He stated that the prosecution of suspects is taking time because the government is painstakingly gathering hard evidence against them.

The President, who spoke at an interactive session with members of the Nigerian community in Tehran, Iran, yesterday, decried the constraints inherent in democracy, recalling that it was easier for him as a military Head of State in 1985 to arrest corrupt individuals and put them in protective custody for them to prove their innocence than in the present democratic practice.

He acknowledged that under the rule of law, the suspects are presumed innocent until convicted by the law.

According to him, “on corruption; yes, they are still innocent. But, we are collecting documents and some of them have started voluntarily returning something. But we want all. When we get those documents, we will formally charge them to court and then we will ask Nigerians to know those who abused their trust when they are entrusted with public funds. So, the day of reckoning is gradually approaching.”

On power generation

Speaking on power generation and distribution, President Buhari stated that though his government was yet to give a comprehensive policy direction in the sector, there was still an improvement.

He, however, condemned those who sabotaged the efforts of the government in the sector.
He said: “I believe if you are in touch back at home, you would have been told that already there is some improvement in power. We haven’t said anything to them yet. I think they only find it sensible or appropriate for them to try and improve the power.

“I’m sure you know about the privatization of the power sector; your old friends NEPA or Power Holding Company of Nigeria have been sold to a number of interest groups. But, the fundamental thing about us is that we remain potential in everything except performance.

“We have a lot of gas, we have a lot of qualified people but again we have a lot of saboteurs who go and blow installations. Those who normally steal Nigerian crude and those who blow up installations, whether they called themselves militants or whatever, they are still there.”
On insecurity, the President assured that peace would soon return to the troubled North-East even as he stated that his administration would also revive the educational system from primary to tertiary levels.

Work to begin on Lagos-Ibadan expressway  next week

The President also disclosed that work would commence on the dilapidated Lagos-Ibadan expressway next week. The President assured that the Minister of Works, Power and Housing, Mr. Babatunde Fashola, would address the issue of the collapsed road.

Advertisements

Also to checkmate and end the ugly trend of gas theft, President Buhari announced that the existing Military Task Forces will be reorganized to ensure a successful protection of the network of gas pipelines.

He noted that “although some improvement in power had been recorded in the recent period,” sabotage of pipeline installations had continued to be a problem.

He said: “Power is a running battle because the saboteurs are still there. We have the potential. We have gas, we have qualified people but we are contending with a lot of saboteurs who go and blow up installations. When gas is pumped to Egbin and such other power stations, thieves and saboteurs such as the militants cut those supplies.”

Another factor, according to the President, is the reduced role of the government in the sector due to the privatization of the institutions under the Power Handling Company of Nigeria, PHCN in the process of which, the facilities “have been sold to a number of interest groups.”

He, however, assured that the military task-forces with representatives from the Army, Navy, Air Force, the Police and the secret services will be reconstituted to secure the pipelines.
“Supplies will become steady; there will be less sabotage as we secure the pipelines,” he said.

Responding to a question on the need to improve healthcare delivery, President Buhari said that efforts had been intensified towards ridding the country of fake drugs and fake doctors, and also what he called “ the disgraceful aspects” manifested by “ baby factories.”

He also enumerated several steps being taken towards the revival of education from primary school school level to university.

On the creation of jobs, he placed the prevailing joblessness in the country at the door-step of the last administration which he blamed for giving “a devastating blow to the economy through corruption and incompetence.”

Speaking on corruption as one of the three issues he identified as the priorities of his administration, President Buhari said that the necessity for compliance with due process of the law was responsible for the delay in the prosecution of the looters of the country’s economy but that the “the day of reckoning is gradually coming.”

He also revealed that a number of past officials had begun the voluntary return of stolen funds but expressed the view that his government was not satisfied with tokens.
“We want to have everything back-all that they took by force in 16 years,” he said.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari