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Buhari administration recovers $3 billion in one year- Presidency

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Presidency Nigeria @NGRPresident tweeted:
“In one year #Nigeria has managed to get back more money than in the past 10 years. It’s recovered about USD 3 billion. That’s money that can go to schools, housing and roads, and I hope we’ll get even more money back together.” –

Praising Nigeria for the feat, Commonwealth Secretary-General Patricia Scotland had stated at a news conference after their bilateral meeting during the Secretary-General’s first official visit to the country last month:

“We were very proud in the Commonwealth when the president graced us at the Tackling Corruption Together Conference in May 2016. He explained so graphically the poison that comes from corruption, the way it makes ordinary people suffer. I don’t think anyone will forget when they asked him: ‘What do you want out of this?’ he said, ‘I want my money back to the people of Nigeria.’

“And it’s been a matter of pride to us in the Commonwealth that we have been able to assist Nigeria in getting its money back. In one year Nigeria has managed to get back more money than in the past 10 years. It’s recovered about USD 3bn. That’s money that can go to schools, housing and roads, and I hope we’ll get even more money back together.”

Secretary-General Scotland also applauded the efforts of Nigeria’s Economic and Financial Crime Commission (EFCC) and its acting chairman, whose new headquarters were opened by the president earlier in the day, in pursuing those who were corrupt.

The Presidency also tweeted yesterday:

Regarding Investing for the Future, the Presidency also tweeted:

“The @nsia_nigeria has received cash inflows of $1.15 billion under the @MBuhari Administration: $250 million in 2016, $250 million in 2017 and $650 million in 2018.”

Fiscal Reforms; Plugging Leakages:

“7.8 billion Naira remitted to the Consolidated Revenue Fund (CRF) in 2017. Compared to a total of 51 million Naira in the period between 2010 and 2016.”

“The @MBuhari Administration’s Presidential Initiative on Continuous Audit (PICA), has helped detect and eliminate more than 50,000 fraudulent entries (“ghost workers”) from the Federal Payroll.”

 


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