President Muhammadu Buhari has disclosed that about N800 billion looted funds have been recovered by the anti-corruption drive of his administration.
The President disclosed this on Friday during a speech he delivered on the occasion of the nation’s Democracy Day celebration.
He stated the money recovered by the anti-graft agencies would be ploughed into various developmental projects for the betterment of the nation.
He said government has “continued to implement accountability and transparent policies through the Open Government Partnership and the transparency portal on financial transactions” while also strengthening auditing and accountability mechanisms to ensure that “rules and regulations are followed strictly.”
Speaking on the activities of the government to curtail the spread of the coronavirus pandemic President Buhari stated that the Presidential Task Force on COVID-19 was determined to ensure that the pandemic “does not overwhelm our health systems, while ensuring that we maintain an effective Case Management System to help in containing the spread of the virus.”
He, however, blamed the pandemic for the setback suffered in the nation’s economy and assured that the government will do everything possible to mitigate its effect on the populace.