Corruption: 55 persons stole N1.34trn from govt in 7 years - Lai Moh'd

Date: 2016-01-19

Minister of Information and Culture, Alhaji Lai Mohammed, yesterday made another shocking revelation, alleging that 55 Nigerians in both government and private sectors of the economy have been found to have either aided or abetted the theft of N1.34trillion from government treasury in the past seven years (2006 to 2013).

Breaking down the figures at a meeting with Bureau Chiefs of media houses in Abuja yesterday, the Minister said, "Between the period under review (2006 and 2013) just 55 people allegedly stole a total of N1.34 trillion from government coffers. That's more than a quarter of last year's national budget.

Explaining further, the minister said, "Out of the stolen funds, 15 former governors allegedly stole 146.84 billion naira; 4 former Ministers allegedly stole 7 billion naira; 12 former Public Servants, both at federal and state levels, allegedly stole over 14 billion naira; 8 people in the banking industry allegedly stole 524 billion naira; while 11 businessmen allegedly stole 653 billion naira.

"This figure was just discovered in the record of the past seven years. If we take it to 2015, Nigerians will marvel at the revelation that will be made, as regards how the past, Peoples Democratic Party, PDP government mismanaged the economy of Nigeria."

He however blamed the previous administration under the opposition Peoples Democratic Party, PDP of insensitive to the plight of Nigerians, particularly the common man, who have been subject to untold hardship and increased poverty as a result of the years of corruption.

Using the World Bank Rates and Costs, the minister explained that one third of the stolen funds could have provided 635.18 kilometres of road; built 36 ultra modern hospitals per state; built 183 schools; educated 3,974 children from primary to tertiary level at 25.24 million per child; and built 20,062 units of 2-bedroom houses.

"This is the money that a few people, just 55 in number, allegedly stole within a period of just eight years and instead of a national outrage, all we hear are these nonsensical statements that the Government is fighting only the opposition, or that the government is engaging in vendetta," he said.

He challenged Nigerians and every arm of government to rise and be counted in the epic war, and "defeat is not an option if our country is to survive even as President Muhammadu Buhari likes to say, 'if we don't kill corruption, corruption will kill Nigeria'. There is no better way to say it," he stressed.

Fielding questions from the media professionals, the minister solicited the support of the media in sensitizing Nigerians to the damage that corruption has done to the nation, warning that unless Nigeria kills corruption, the vice is capable of killing Nigeria.

To ensure the success of the campaign, the minister urged the media to replicate the support they are giving to the Federal Government in its ongoing national security awareness campaign.

"Thanks to the support we have received from the media, especially in this (national security) sensitization campaign. I can now tell you that Nigerians have taken ownership of the war against terrorism and are also giving their undiluted support to our gallant military," he said.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Kwara Coalition Of Business And Professional Associations     Erubu     Lucky Omoluwa     Village Alive Development Association     Khadijat Ayoola Yusuf     Yetunde Balogun     Jelili Yusuf     JMK Construction Company Limited     Mohammed Abdulahi     Ubandoma     Kwara Volleyball Association     Sidikat Alaya     Face Masks     Senate Presidency     Sobi Specialist Hospital     Musa Alhassan Buge     Sam Onile     Tunde Mukaila Mustapha     Dar-Al-Handasah Consultants Ltd     College Of Education     Babaita     Teachers Specific Allowance     Ekweremadu     Obasanjo     Dauda Adeniran Adeshola     Musa Abdullahi     Oluwole Dupe     Simeon Sayomi     Sabitiyu Grillo     Democracy Day     Isau     Chikanda     All Confederation Of Principals Of Secondary Schools     Ridwan Agboola     Joseph Daudu     Bank Of Industry     Abubakar Abdulraheem     Saka Adeyemo     Okin High School     Yahaya Abdulkareem Babaita     Abdulquowiyu Olododo     Al-Ilory     Olomu     Abdulkarim Adisa     Saidu Yaro Musa     Ibrahim Mohammed     Federal Allocation     Usman Alkali Baba     Kwara State Coalition Of Business And Professional Associations     Na\'Allah     Kwara Politics     Sheriff Olanrewaju     Baboko     Ibrahim Taiwo Road     Innocent Okoye     Trade Lenda SME Fair     Federal Polytechnic Offa     Haliru Yahaya     Mary Arinde     Ilorin Talaka Parapo (ITP)     Isiaka Gold     Rasheed Jimoh     Yusuf Aiyedun     JSSCE     Ilorin East     Kabir Shagaya     Muyideen Ajani Bello     Lola Ashiru     International Aviation College     Kwara State Council Of Chiefs     Seni Saraki     Ojo Fadumila     Yunus Oniboki     Tunde Oyawoye     Kayode Bankole     Madawaki Of Ilorin     Monsurat Omotosho    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Memunat Monsuma     Senior Ibrahim Suleiman     Kwara State Sports Commission     Ekiti     Elelu     Igbomina     Nigeria Association Of Women Journalists     Hydroelectric Power Producing Areas Development Commission     Muftau Akanbi Oke     Olatunji Abdulmumeen     Labour Party     Abdullahi Imam Abdullahi     Ishola Balogun Fulani     Colleges Of Education Academic Staff Union     Saka Asiat Ayinke     Wakilin Mata Lafiagi     Omupo     Adaramaja     Wahab Isa     Hamidu Olowo     Kwara State Council Of Chiefs     Volunteers Of Ilorin Community And The Emirate     Mohammed Yisa     Bayo Onimago     ER-KANG Mining     Garba Ayodele Wahab     Unilorin FM     Bank Of Industry     Dunmade     Charcoal     Kwara University Of Education     Ola Falade     Moronfoye     Kwara State Geographic Information Service     Baba-Isale     Ile Arugbo     Toun Okewale-Sonaiya     Kazeem Oladepo     Oladipo Akanmu Tolani     Tunde Akanbi     Muyiwa Oladipo Kanu     Abdulrasheed Na\'Allah     Adebara     Yusuf Abdulraheem     Salary     Shuaib Jawondo     Abdullahi Saadudeen Alikinla     Abdulrazak Shehu Akorede     Kunle Okeowo     Ayinke Saka     Kwara United     Saliu Ajia     Kuliyan Geri     Abdulkadri Ahmad Alaiye     Oke-Ode     Usman Alkali Baba     Isiaq Khadeejah     Kunle Akogun     Yusuf Babatunde Abdulwahab     Sobi FM     Oko     Christian Association Of Nigeria     Biliaminu Aliu     Garba Idris Ajia     UNILORIN Alumni     Muslim Media Watch Group Of Nigeria     Ganiyu Taofiq     Kubra Kazum     Taofik Mustapha     Kwara Central     Ilorin Anchor Men And Women     Tayo Awodiji     Raliat Elelu-Habeeb     Ministry Of Women Affairs And Social Development     Gurei     Jimoh Akani     Muhammad Yahya