FG’s $1bn recovery claim amidst rising poverty


LAST week, the Attorney-General and Minister of Justice, Abubakar Malami, was apparently in a joyous mood making one of the Federal Government’s usually confident declarations. Malami revealed that the Muhammadu Buhari administration had so far recovered about $1 billion looted funds from 2015 to 2022. Speaking at the Presidential Villa, Abuja, while briefing State House Correspondents after the Federal Executive Council meeting last Wednesday, the Justice Minister said that the recovered assets had been deployed to various sectors of the economy, including poverty alleviation. He however expressed the government’s consternation with the “worrisome” cases of budget padding,…

Source: Nigerian Tribune