Share Recovered Loot Among 36 States – PDP Chieftain Tells Buhari

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Share Recovered Loot Among 36 States – PDP Chieftain Tells Buhari

A chieftain of the People’s

Democratic Party, (PDP) in Ekiti State,

Hon Gboyega Akinola has warned

President Muhammadu Buhari against

repeating the errors he made as Military

Head of State, regarding recovered


He also frowned at the non disclosure

of identities of the identified treasury

looters, saying that it might give room

for suspicion and cast doubt on the

genuineness of the anti- graft war.

Speaking in Ado-Ekiti, the former PDP

secretary in the state recalled how

Buhari, as Military leader in 1983 put up

a dogged fight against corruption and

recovered millions of naira, only to

allow his former lieutenant, General

Ibrahim Babangida, who later snatched

power from him, squander it.

Akinola, therefore, charged Buhari to

act fast on the matter, alleging that

there were many potential looters in

the All Progressives Congress (APC) led

Federal Government.

The ex PDP scribe also alleged that the

ongoing anti- graft war being

championed by the APC led

government was biased and extremely

targeted at the opposition

According to him, the Federal

Government had nothing to fear in

doing this, since the identities of

treasury looters had always been

revealed in the past, arguing that their

family members even worked freely, as

nobody has private army or police to

harass them.

“By not disclosing the identities of the

looters, it appears the present

government has something to hide.

Buhari should realize that there are

many potential treasury looters in this

cabinet. If he don’t publish the names

of looters against their loot, there is no

way Nigerians can ascertain the actual

assets recovered from these people.

“I am challenging the Federal

Government on behalf Nigerians that it

should let us know the names of the


“For example, if one trillion naira is

recovered from a particular looter and

somebody is telling us that it is just

N100billion, how would Nigerians

know the truth?

Again, President Buhari must not

repeat the mistake of 1983 about the

recovered loot. If he does that, he

would have himself to blame.

“I remember this was the same way

he fought corruption as a military

leader and jailed many politicians.

Within a spate of two years or

thereabouts, millions of Naira were

recovered. And this was when naira had

great value. He did not do anything

with the loot until Babangida hijacked

power from him and squandered it.”

The PDP chieftain suggested that half

of the recovered assets should be

shared among the 36 states on equal

basis but with a caveat that such must

be spent on the payment of

outstanding salaries and on


The Ikere-Ekiti born politician stressed

that the measure must be taken in

ernest to save the imminent collapse of

the Presidential System of government.

“As we speak, more than 27, out of

the 36 states of the Federation are

indebted and many of them cannot

even pay salaries of their workers.

“So, if we don’t really want the

system to collapse, the half of the

recovered assets should be shared

among the 36 states on equal basis.

“Mr President must give the affected

states the order that the monies should

be used to pay outstanding salaries and

investment in projects that would

shore up their Internally Generated

Revenue, (IGR).

“This, to me, is a long and short- term

solution to the lingering economic

problem. But the short term is for

government to give them

unconditional bailouts”, he further



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