Connect with us

Hi, what are you looking for?

News

Looted Funds: One Billion Dollars Recovered Since 2015 – FG

The Federal Government says it has made a recovery of one billion dollars ($1,000,000,000) since the inception of the President Muhammadu Buhari administration in May 2015 till date, Channels Television reports.

The Attorney General of the Federation and Minister of Justice, Abubakar Malami disclosed this on Wednesday after the Federal Executive Council (FEC) meeting presided over by Buhari at the State House.

The AGF noted that the recovered assets, deployed to various sectors of the economy particularly to address poverty alleviation, has made huge impact on poverty levels and the nations economy.

Against this backdrop, he declared that the Council has given approval of an anti-corruption strategy document to strengthen anti-graft fight in the country.

In the same vein, the AGF expressed the Federal government’s worry over recurrent cases of budget padding, asserting that necessary measure would be explored to tackle it.

____

Follow us on Twitter at @thesignalng

Copyright 2022 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to  www.signalng.com and other relevant sources.

Click to comment

Leave a Reply

Your email address will not be published.

Advertisement

Related

News

The federal government has blamed the high poverty rate in the country on the failure of the State governments to contribute their quota of...

Big Story

President Muhammadu Buhari on Tuesday said weapons from the raging war between Russia and Ukraine are now slipping into the Lake Chad Basin region,...

News

President Muhammadu Buhari’s government has been taken to the ECOWAS Court of Justice over illegal pipelines and oil theft, Channels Television reports. The Socio-Economic...

News

The Attorney-General of the Federation (AGF), Abubakar Malami, SAN, has called for the establishment of more arbitration institutions and inclusion of other forms of...

Copyright ©