Politics
We Are Using Recovered Loots To Fund 2017 Budget – Buhari
Nigeria’s president, Muhammadu Buhari says on Tuesday that his administration is using part of the stolen funds recovered from Nigerians who looted the economy to fund the 2017 budget.
Buhari spoke at the 22nd Annual Conference of the Association of National Accountants of Nigeria in Abuja.
Represented by the Accountant General of the Federation, Alhaji Idris Ahmed, the president said the government had resolved to use some of the recovered stolen funds to finance the 2017 budget.
He said his administration had practically done much in delivering on its core focus of diversifying the economy.
In his words: “Part of the stolen funds recovered is being used by government to finance the 2017 budget. Power generation has peaked at an all-time high of 7,001 Megawatts in the third quarter of 2017.”
Buhari added that his government was aiming at the production of 10,000 Megawatts of electricity by the year 2020.
He said the firm implementation of the Treasury Single Account since September 2015 had significantly enhanced transparency in the Federal Government’s Public Financial Management System.
ANAN Chairman of Council, Alhaji Shehu Ladan, pledged the support of the association to the government’s economic agenda.
Ladan said, “The accountant is key. We are calling on our members to increase their integrity quotient. As an association, we are strengthening our discipline mechanism to ensure that members found wanting do not go unpunished.”
He said it was important for the government to ensure the reinvestment of the recovered stolen funds to make for quicker recovery of the economy, PUNCH reports.
Engr Francis Savio
October 11, 2017 at 7:48 am
The same Kemi adeosun said that govt can’t fund 2017 budget again
Afamefuna Anikwe
October 11, 2017 at 7:42 am
Political Robbery!how much did u recovered?
Enobong Udoh
October 11, 2017 at 7:30 am
Uncovered loots from baru
Nazor Maduike
October 11, 2017 at 7:29 am
Have you seen it. They have stole the recovered loots as they said.
Emma Chike
October 11, 2017 at 7:17 am
Buhari baru is a thief.. Period
Andy Moore
October 11, 2017 at 7:04 am
This is news up zoo republic for this
Onuh Moses O
October 11, 2017 at 6:58 am
How much was recovered? I think you are relooting the the looted funds
Clifford Ogwurumba
October 11, 2017 at 6:55 am
No sir for U have not quantified and declosed how much was recovered before appropriation. This is public revenue and not deposit held in account for someone, so care need to be taken to plug holes to avoid lickages by not getting Presidential declaration.
Henry Njoku
October 11, 2017 at 6:50 am
Story don start, but I hear sey dem know even know the amount wey dem recover and no wan touch am… How come dem don dey use am for funding already… My people, that so called recovery loots, that is if there is any recovery. DON GROW LEG ooooo … hihihihihihi……
Emeka Samuel Okafor
October 11, 2017 at 6:49 am
Cow brain
Austin Ovie
October 11, 2017 at 6:46 am
Hope is the nnpc own sha o
Ademola Adeleke
October 11, 2017 at 6:44 am
Thank you
Okoye Nnamdi David
October 11, 2017 at 6:17 am
All liars, should hold on hell is waiting for them. If they dont want to repent.
Chinedu Ugwu
October 11, 2017 at 6:10 am
Chinedu Ugwu
October 11, 2017 at 6:10 am
Chris John
October 11, 2017 at 6:07 am
Which meant the bill is/will be a corrupt one also,as there will be lots of loot as well.”he who needs wisdom,should ask GOD to give him”
Nnaji-Edeh Innocent
October 11, 2017 at 6:02 am
Thief
Nana Nwoke
October 11, 2017 at 5:59 am
Hahaha… How Nigerians finally join one chance bus
Ebei Ibi
October 11, 2017 at 5:42 am
Shame and how many corrupt politicians have you arrested and jailed? Because you are involved no one abi?
Chigozie Okoh
October 11, 2017 at 5:40 am
Its obvious that Buhari is d twin brother of Lai Mohammed, Liars of the century.. God save Nigeria in this once chance motor called APC
Nelly Thomas
October 11, 2017 at 5:36 am
Kparawo
Chuma Zfla
October 11, 2017 at 5:15 am
Including the recent 25 billion dollars that was stolen under you korokoro eyes
Aloysius Gonzaga
October 11, 2017 at 5:14 am
how much was used to fund,how much remaiming?. If it was not used in funding operation pyton dance to kill inocent people .
Ngonadi Alexander
October 11, 2017 at 4:57 am
Hw much did u discover?
Eme Henry Chizie
October 11, 2017 at 4:23 am
the worst nighmare in the history of Nigeria
Geoffrey Udeagu
October 11, 2017 at 2:59 am
No to fund operations python and its like to scare the people you are to protect a big disgrace to democraic system
Mhiz Favour Amara
October 11, 2017 at 2:54 am
Haha for where?
Golden Heart
October 11, 2017 at 1:15 am
2017 Budget at the last Quarter of the year… Na Ogun go Fire you Robot
Nedum Nkem Chi Emerie
October 11, 2017 at 1:07 am
Chino Ezeonyekwelu
October 11, 2017 at 1:07 am
Buhari make i send AMADIOHA for u?
Obia Edwin Ogbonna
October 11, 2017 at 12:57 am
Frederick Lugard & his families will never know peace wherever they’re, hellfire will be they portion forever.
Austin Kasie Kelvin
October 11, 2017 at 12:45 am
I thank God Buhari won and the President of Nigeria… if not by now those useless animals called Almajiris arewa youths including some useless idiots from West will be thinking Nigeria will be like US by now… enjoy the change
Eme Henry Chizie
October 11, 2017 at 4:24 am
correct
Joan Odiachi
October 11, 2017 at 12:17 am
Liar
George Nwankwo
October 11, 2017 at 12:13 am
Asi!
Imoh Okon
October 10, 2017 at 11:54 pm
Shameless liar. Your Magu didn’t know the figures involved either when asked.
Wisdom Ogboi Ojei
October 10, 2017 at 11:42 pm
Thanks to doctor momoh who saved and cured me of hepatitis virus with herbal remedies for issues like ulcer,phobia,cancer,and more call him on +2349065092740
Ignatius Igidi
October 10, 2017 at 11:15 pm
What have you financed and commissioned in this 2017 ?
Gbenga Martins Ibiejugba
October 10, 2017 at 11:07 pm
Story
Kingsley Ezi
October 10, 2017 at 10:44 pm
idiot
Charles Anthony
October 10, 2017 at 10:27 pm
Oh i weap for nigeria
Adeniyi Ori-Ade Shobowale
October 10, 2017 at 10:17 pm
U must be Mad..ur goverment don’t work..Useless man u came to destroy d Economy hw manage with all d money recover..
Kelvin Onwuka
October 10, 2017 at 9:58 pm
thunder fire you ..
Emmy Joe Sadiku
October 10, 2017 at 9:46 pm
When the people lost their trust on their leader then it become a problem.
Nwachukwu Onyedikachi
October 10, 2017 at 9:36 pm
Weak goverment
Emmanuel J. Maxwell
October 10, 2017 at 9:36 pm
I disbelief this
Doris Chioma
October 10, 2017 at 9:36 pm
Abel Emmanuel
October 10, 2017 at 9:29 pm
Oga for how long will this lies continue
Godfrey Ogwu
October 10, 2017 at 9:27 pm
O God have mercy on your children! Buhari and will not kill us.
Valentine Madunaeme
October 10, 2017 at 9:25 pm
This is october o, which 2017 are these people talking about….. Jubrin na the 10th month for 2017 we dey o
Bestman Josiah
October 10, 2017 at 9:25 pm
Story for the gods
Julie Ogbu Ebuenyi
October 10, 2017 at 9:25 pm
Is it the 26 billion? What about the 5 billion you are asking for? Onye oshii, oleeee. International thief thief! !
Nelson Okeke
October 10, 2017 at 9:24 pm
Lie’s
Ndubuisi Nwokelo
October 10, 2017 at 9:10 pm
Yet you’re borrowing?
Unokhua Emmanuel
October 10, 2017 at 8:56 pm
How much has been recovered? And why request for $5billion to fund budget again? Kai! Which kind of satanic persons be this?
Uchenna Jude Chijioke
October 10, 2017 at 8:45 pm
God punish Fredrick Lugard
Johnson Oluwasegun Tanimola
October 10, 2017 at 8:39 pm
OK oo I hope you will not say a different reason for failure.
Uchenna Jude Chijioke
October 10, 2017 at 8:39 pm
Lol criminal
Emeka Jeremiah Udeke
October 10, 2017 at 8:38 pm
If you are using recovered loots ,who sent that letter to the senate seeking permission to go and borrow 5.5 billion dollars? Let the gullible and the brainless continue cheering him.
Chimaobi Uchehara
October 10, 2017 at 8:36 pm
For me .Is a Big lie
Cynthia Jacob
October 10, 2017 at 8:35 pm
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Nnamdi Okoye
October 10, 2017 at 8:33 pm
Story story story!!!
Kc Young Efizzy Aguoma
October 10, 2017 at 8:31 pm
Snr ole
Celestine Ekene
October 10, 2017 at 8:26 pm
See his face…jubrin
Vincent Akunne
October 10, 2017 at 8:25 pm
OLEEE GIDI
Kingsley Kingsley
October 10, 2017 at 8:23 pm
Funds of 26m dollars
Ogbara Azibapu Abraham
October 10, 2017 at 8:23 pm
What about the oil money?buhari u can fool ur Fulani and hausa brothers but not all Nigerians…buhari u came to steal and destroy Nigeria
Usman Muhammad
October 10, 2017 at 8:18 pm
Carry on BABA
Julie Ogbu Ebuenyi
October 10, 2017 at 9:21 pm
Thieves
Adeline Josh
October 11, 2017 at 5:44 am
Real thieves my brother
Gift Aaron
October 10, 2017 at 8:16 pm
Abrakadabra. The more you look the less you see. But how much have been recovered so far? No records.
Okhai Joshua
October 10, 2017 at 8:13 pm
Can Buhari read and comprehend? Just wanna know
Oluyomi Akintoye
October 10, 2017 at 8:10 pm
I see the southern leader as fool let. Am tired of this daily insult by all dis animals from the cow kingdom
Nnabuife Obike
October 10, 2017 at 8:09 pm
l hear
Engell Nazik Obinna
October 10, 2017 at 7:58 pm
What about the missing 26billion?
Prince Gee
October 10, 2017 at 7:58 pm
Who among you here is still talking about ONE NIGERIA???
Okike Cally Ekenedirichukwu
October 10, 2017 at 7:55 pm
See baba face.
Cassidy Aniede
October 10, 2017 at 7:55 pm
If so where is the money government got since January?
Dozie Mehara
October 10, 2017 at 7:55 pm
Idiot.
Don Obi
October 10, 2017 at 7:55 pm
You people are recovering the old loot and looting the fresh ones
Archimedes Perfect
October 10, 2017 at 7:53 pm
LiAR…
Adanma Emmanuel
October 10, 2017 at 7:49 pm
Tufiakwa gi
Michael Maduabuchi Monemeh
October 10, 2017 at 7:47 pm
Continue your madness… Onyeara
Afunwa Stephen Stephen
October 10, 2017 at 7:42 pm
which means the $25 billion you duped from NNPC will be use to Fund 2018 Budget …
John Osinakachi
October 10, 2017 at 7:38 pm
Tony Okey
October 10, 2017 at 7:36 pm
This man will keep borrowing until Nigeria is admitted into HIPC( highly indebted poor country)
Cley Zix
October 10, 2017 at 7:35 pm
Brainless he goat. Which recovered loot? How much did you recover. Foolish man
Ali Jos Katsina
October 10, 2017 at 7:33 pm
Many hv been asking of where are d looted money u hv nw heard of it and wat to be done wit them thank u baba buhari bt we need somebdy in 2019
Gift Aaron
October 10, 2017 at 8:18 pm
Are you sure that you are normal?
Adeline Josh
October 11, 2017 at 5:47 am
2017 that is remaining 2months to finish ba? Bunch of hellbound liars
Ali Jos Katsina
October 11, 2017 at 7:03 am
2018 point of correction
Christopher Ifeanyi
October 10, 2017 at 7:31 pm
Everybody is confused. Recovered loot to be used to sponsore 2017 budget. Pls, this is almost the end of 2017 !!! Na wahoo!
Mopki Mako Mopki
October 10, 2017 at 7:30 pm
Lieeeeeeeeeeeeeeeeeeeee
you’re hiding it for next election
Itz Don Smith Reignz
October 10, 2017 at 7:30 pm
THIEF
Samuel Sunday
October 10, 2017 at 7:29 pm
that’s what you see in animal kingdom, no one opposes the lion king.
Adedapo Adebisi Adejuwon Barcelona
October 10, 2017 at 7:29 pm
But Baru case will die down like that Mr president .
Gift Aaron
October 10, 2017 at 8:25 pm
You mean you are expecting something meaningful? Please, take care of your blood pressure.
Kelvin Ikiogha Ebidah
October 10, 2017 at 7:28 pm
so why the borrowing
Helsingborg Segelino
October 10, 2017 at 7:19 pm
Wat a shame!!
Kenny Egbuji
October 10, 2017 at 7:17 pm
Thief
Emmanuel Decency
October 10, 2017 at 7:14 pm
Story
Unity Micheal Edokpolor
October 10, 2017 at 7:12 pm
What are you doing with the billions dollars you have borrowed
Okey Moole
October 10, 2017 at 7:11 pm
Ok
Okoye Samuel Ugochukwu
October 10, 2017 at 7:09 pm
What abt the $29 billion
Ali Jos Katsina
October 10, 2017 at 7:30 pm
So u are yet to be updated abt dat
Okoye Samuel Ugochukwu
October 10, 2017 at 7:34 pm
U can update with your lie lie news pls
Chinedu Onwuka
October 10, 2017 at 7:08 pm
Lai lai buhari, what about missing $27b
Dammykool Damilare Idowu
October 10, 2017 at 7:07 pm
He later join the team of the past leaders records
Pheelz Pleelz Pheelz
October 10, 2017 at 7:04 pm
How much have you recovered and from whom and how much have you injected into the budget? Where’s accountability and transparency in this administration?
Obinna Obiakor
October 10, 2017 at 7:00 pm
Hahahahahaaha. I love this man…he is really dealing with the one Nigeria people..
Sai baba…carry go
Akanimordo Egungun Nla
October 10, 2017 at 6:58 pm
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