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PDP Chieftain wants recovered loot shared among states, before it gets squandered

, PDP Chieftain wants recovered loot shared among states, before it gets squandered, Effiezy - Top Nigerian News & Entertainment Website
, PDP Chieftain wants recovered loot shared among states, before it gets squandered, Effiezy - Top Nigerian News & Entertainment Website
President Muhammadu Buhari

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Peoples Democratic Party, PDP chieftain in Ekiti State, Hon. Gboyega Akinola, has cautioned President Muhammadu Buhari against a repeat of the mistake of his military administration as regards recovered assets from corrupt leaders, saying what is being recovered now should be shared among states.

Akinola, who said Buhari as military ruler recovered assets from politicians but failed to do anything with the recovered loot, advised that half of what is being recovered now should be shared equally among the 36 states strictly for payment of salaries and internally generated revenue (IGR)-driven investment.

The former Ekiti PDP scribe told journalists in Ado Ekiti that the measure must be taken to save the imminent collapse of the Presidential system of government.

He said: “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, half of the recovered assets should be shared among the 36 states on equal basis.

“And Mr. President must give the affected states the order that the money should be used to pay outstanding salaries and investment in projects that would shore up their 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 said. Akinola, however, frowned at the non disclosure of identities of the identified treasury looters, saying such would give room for suspicion and as well cast doubt on the genuineness of the anti-graft war.

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The PDP chieftain, who said Buhari should disburse the money without hesitation and as well name the looters and what was recovered from them, said such step would be a check to the potential looters in the All Progressives Congress, APC government. According to him, the Federal Government has nothing to fear in doing this since the identities of treasury looters have always been revealed in the past, arguing that their family members even walk 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.

And Buhari should realize that there are many potential treasury looters in his cabinet. If he doesn’t publish the names of looters against their loot, there are no way Nigerians can ascertain the actual assets recovered from these people.” “I am challenging the Federal Government on behalf of Nigerians that it should let us know the names of the looters “ “For example, if one trillion naira is recovered from a particular looter and somebody is telling us that it is just N100 billion. How would Nigerians know the truth.

“Again, President Buhari must not repeat the mistake of 1983 about the recovered loots. I remember this was the same way he fought corruption as military leader and jailed many politicians. Within a spate of two years or thereabouts, millions of naira was recovered. And this was when naira had great value. He did not do anything with the loot until General Ibrahim Babangida hijacked power from him and squandered it,” he said.

National Mirror

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