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APC Reveals How Much of Nigeria’s Funds Buhari has Recovered.

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2015/11/06
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The All Progressives Congress (APC) has announced that President Muhammadu Buhari as at September 2015 had recovered N1.4 trillion of Nigeria’s funds.

According to a statement released by APC’s National Publicity Secretary, Alhaji Lai Mohammed, Buhari had succeeded in gathering the funds due to his moves to plug all loopholes in the system.

“Contrary to the disinformation being peddled by the Peoples Democratic Party, PDP, the Buhari administration is poised to lift millions of Nigerians out of extreme poverty by providing social protection and safety nets with another N2.5 trillion Special Intervention Fund.” the statement said.

“Now, the Buhari administration has been busy putting into place measures that will make it possible to start the implementation of this project. Such measures include the introduction of the Treasury Single Account (TSA).”

“We are happy to inform Nigerians that as at the end of September 2015, over N1.4 trillion – which hitherto was lying unproductively in various commercial banks – has been recovered and paid into the TSA.” it added.

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ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
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